U.S. Business News
Popular American business news with strong opinions and unique expert comments.
Bank of America Patents Method Using Ripple Technology
A non-utility patent filed by Bank of America has Ripple fans in high spirits today. The patent, which is dubbed...
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Thank Elon Musk When the US Wins the AI Arms Race
Elon Musk scored another major victory in his quest to usher in the Age of Artificial Intelligence today when Microsoft...
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Robinhood App Encroaches on Banking Turf with High-Yield Money Tool
Libra isn't the only payment system that stands to threaten the banks. Popular stock market and crypto trading app...
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Equifax to Pay Fine, FTC Lets Another Bad Guy Off the Hook
The Federal Trade Commission (FTC) is coming down on Equifax Inc with the strength of an angry kitten. The credit...
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Tesla’s Stock Could Hit the Skids as Analyst Presses the Brakes
Tesla's stock had a terrific June and has managed to sustain that momentum this month. But don’t be surprised if...
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Can Plunking Down $70 Million on This Aging Comedian Save Netflix?
Netflix shocked investors earlier this week when it reported a 126,000 decrease in domestic subscriptions, disappointing analysts who expected an...
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Elon Musk Brags About SpaceX Going to Mars. Let’s Send Him First
It isn’t clear yet if Elon Musk simply doesn’t have a filter and says the first thing that comes to...
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EA FIFA Shudders at the Loss of Cristiano Ronaldo and Juventus
As news spread of Konami prying the exclusive rights to Italian Series A soccer team Juventus for PES 2020 from...
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Warren Buffett Lost $209 Million By Investing in Amazon Instead of Bitcoin
In mid-May, Warren Buffett made big news with a major splash into the Amazon equities pool. On May 15th...
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Area 51 Aliens Had Nothing to Do with Anheuser-Busch’s Planned Asset Sales
Anheuser-Busch InBev appears to be considering a sale of some of its assets following its decision to call off the...
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Netflix Loses $17 Billion in Value; That’s $135K Per Lost Subscriber
Netflix reported its first decline in U.S. subscribers in more than eight years yesterday, losing 126,000 subscribers while analysts were...
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Nike’s Kaepernick Bet Lands an Emmy Nod, but Will It Pay with Investors?
Many Americans and consumers were mystified by Nike’s embrace of the political lightning rod that is the former NFL quarterback...
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Dow Futures Plunge Because Earnings Are Even Worse Than Expected
Dow futures fell on Thursday as corporate earnings continue to disappoint Wall Street. Even with expectations at 13-year lows, blue-chip...
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Elon Musk Tries to Trick Tesla Owner, Fails Hilariously
The very best con artists can convince people that the moon is made of green cheese and that the sky...
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Wall Street Screams ‘Buy the Dip’ Ahead of Netflix Earnings
The earnings parade has begun, and so far the stock market is showing just a few jitters. All eyes are...
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Dow Struggles for Momentum as China Reignites Trade War
Dow Jones futures struggled for traction on Wednesday, pointing to a flat open on Wall Street. Traders are yet again...
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Elon Musk & Neuralink Reveal Insane Cyberpunk Brain Implant Chip
Elon Musk might be the visionary behind Tesla, SpaceX, and The Boring Company, but his least known project, Neuralink, just...
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Germany’s Finance Chief Joins Slew of Financial Leaders Scoffing at Libra
Germany joined the chorus of countries offering stiff resistance to Libra, Facebook’s new digital coin. German Finance Minister, Olaf Scholz,...
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Elon Musk Slashes Prices, Signaling the Start of Tesla’s Death Spiral
Elon Musk and Tesla just made another move regarding the company's product line which tells a much bigger story than...
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Jamie Dimon Just Threw Serious Shade at Facebook & Libra
Despite his best efforts, Jamie Dimon has never been one to mince words on the subject of cryptocurrency. So it...
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Tesla’s Corner-Cutting ‘Bombshell’ Shouldn’t Surprise You
Tesla workers have told CNBC that, in order to meet Elon Musk and Tesla’s delivery quota for the second quarter,...
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Renegade Venture Capitalist Peter Thiel Calls on Feds to Probe Google
Billionaire tech entrepreneur and outspoken Trump supporter Peter Thiel has called on the FBI and CIA to investigate Google for...
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Ryanair Seemingly Scrubs ‘MAX’ Name From Boeing 737 Fleet
Budget carrier Ryanair has seemingly given the clearest indication of how Boeing intends to find its way out of the...
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Dow Braces for Excruciating ‘Earnings Recession” as Citibank Readies Report
Dow Jones futures traded flat on Monday as investors brace for a painful earnings season. Analysts are widely predicting an...
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Iran Legalizes Crypto Mining Within Days of a Chinese Plea for ‘Better Conditions’
Iran is legalizing crypto-mining, giving a boost...
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