Bitcoin mining companies are facing a notable decrease in stock value in anticipation of the upcoming halving. Shares of Marathon Digital Holdings, Riot Platforms, and CleanSpark have declined for three consecutive days. Marathon Digital Holdings, the largest public Bitcoin miner, lost nearly 25% of its stock value in the past…

Rising inflation in March didn’t deter consumers, who continued shopping at a more rapid pace than anticipated, the Commerce Department reported Monday.Retail sales increased 0.7% for the month, considerably faster than the Dow Jones consensus forecast for a 0.3% rise though below the upwardly revised 0.9% in February, according to…

NEW YORK — As she sat before assembled media Monday night at the 2024 WNBA Draft, top overall pick Caitlin Clark was asked about making her transition from college to the professional game. She sounded almost relieved. “Honestly, if I’m being completely honest, I feel like it doesn’t change a…

Artificial intelligence has emerged as the predominant topic on Wall Street in the past year, with investors eagerly awaiting its transformative impact. Jamie Dimon, CEO of JPMorgan Chase, recently likened the forthcoming AI revolution to historical game-changers like the printing press, the steam engine, electricity, computing, and the Internet in…

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House Republicans have sent to the Senate two articles of impeachment against Homeland Security Secretary Alejandro Mayorkas, a step that launches a trial in the Senate as GOP lawmakers seek to highlight President Joe Biden’s handling of immigration policy. The Democratic-controlled Senate, however, is expected to quickly dismiss the charges without a trial or conduct a speedy trial that ends without a conviction. Mayorkas, who took the helm at the start of the Biden administration, is the first Cabinet secretary to be impeached in nearly 150 years. House Republicans voted to impeach Mayorkas in February over his handling of the southern border by a narrow…

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WASHINGTON (Reuters) – Every U.S. national election, a cottage industry of strategists, pollsters and organizers craft brand-new words and phrases to describe the mood of American voters and the politicking…

Investing

NPR has suspended the senior business editor who penned a scathing online essay claiming the radio network had “lost America’s trust” by embracing a “progressive worldview,” prompting fierce right-wing backlash and calls to defund the public radio network. NPR’s David Folkenflik reported on Tuesday that Uri Berliner’s five-day suspension without pay began…