Buildings in Hudson Yards from a new Meta office space in the Farley Building in New York, U.S., on Wednesday Sept. 29, 2021. Amir Hamia | Bloomberg | Getty Images Meta is scaling back its presence at a prime New York City location as the social media giant tries to …

WASHINGTON – Federal Reserve Chairman Jerome Powell confirmed Wednesday that smaller interest rate increases are likely ahead even as he sees progress in the fight against inflation as largely inadequate. Echoing recent statements from other central bank officials and comments at the November Fed meeting, Powell said he sees the …

The Taihuttu family in November, days after moving back to Phuket. Didi Taihuttu Confidence is quickly eroding in the crypto sector, as it faces a wave of bankruptcies and investigations into Sam Bankman-Fried and his failed exchange, FTX, for losing and misspending billions of dollars in user deposits. But Didi …

The “broke college student” stereotype has been around for a while. But as college costs have risen to exorbitant levels, the stakes have gotten higher too.  Where college students used to fear a budget-friendly ramen noodle diet, now 1 in 5 students have dealt with housing insecurity, according to a …

Suze Orman speaks during AOL’s BUILD Speaker Series at AOL Studios In New York. Jenny Anderson | WireImage | Getty Images If your car breaks down or you have an unexpected medical bill, it may be tough to come up with the cash to cover the expense. In a pinch, …

Jesse Powell, CEO of cryptocurrency exchange Kraken, sits for a photograph at the company’s San Francisco office in 2014. David Paul Morris | Bloomberg via Getty Images Kraken, one of the world’s largest crypto exchanges, is laying off about 30% of its headcount, or 1,100 people, “in order to adapt …

Bahamas-based crypto exchange FTX filed for bankruptcy in the U.S. on Nov. 11, 2022, seeking court protection as it looks for a way to return money to users. Nurphoto | Nurphoto | Getty Images Senate Banking Committee Chairman Sherrod Brown urged Treasury Secretary Janet Yellen on Wednesday to work with …

Americans are increasingly finding alternative ways to satisfy their holiday wish lists as they continue to grapple with high prices and inflation. In many cases, that means opting for flexible payment plans. On Black Friday through Cyber Monday, buy now, pay later payments through companies such as Klarna, Zip, Zilch, Affirm …

An Amazon worker moves a cart filled with packages at an Amazon delivery station on November 28, 2022 in Alpharetta, Georgia. Justin Sullivan | Getty Images Amazon said Wednesday it rang up record-breaking sales between Thanksgiving Day and Cyber Monday, adding to what has been a strong showing for many …

Michael Bryand, 35, first got Covid in September 2020. “I never really got better,” he said in a sit-down interview with CNBC. “I had symptoms that stayed with me and that are still with me.” Bryand, who was working at Wells Fargo in San Antonio at the time, went on …