It’s been a brutal year for the cryptocurrency market. In the latest blow to the crypto space, Core Scientific, one of the largest publicly traded crypto mining companies in the U.S, which primarily mints bitcoin, filed for bankruptcy on Dec. 21, citing falling crypto prices and rising energy costs. And …

Members of the Salvation Army play music during the lighting of the world’s largest Red Kettle in the Times Square neighborhood of New York, U.S., on Tuesday, Dec. 1, 2020. Jeenah Moon | Bloomberg | Getty Images This holiday season, it may be possible to lower your taxes while supporting …

Parents and children participate in a demonstration organized by the ParentsTogether Foundation in support of the child tax credit portion of the Build Back Better bill outside of the U.S. Capitol on Dec. 13, 2021. Sarah Silbiger | Bloomberg | Getty Images Washington lawmakers are rushing to get as much …

Check out the companies making headlines before the bell: Tesla (TSLA) – Tesla CEO Elon Musk said he would refrain from selling any more Tesla stock for 18 to 24 months. Musk has sold about $39 billion in stock over the past year, amid his $44 billion deal to buy …

Avatar: The Way of Water Courtesy: Disney Co.  All eyes are on “Avatar: The Way of Water’s” second week at the box office. James Cameron’s long-awaited sequel to the highest-grossing film of all time fell short of initial box-office expectations during its debut last week. The film snared $134 million …

Rafael Henrique | Sopa Images | Lightrocket | Getty Images Facebook parent Meta has agreed to pay $725 million to settle a class action lawsuit that claimed the social media giant gave third parties access to user data without their consent. It is the “largest recovery ever achieved in a …

Morsa Images | Stone | Getty Images Retirement accounts are meant to fund your lifestyle in later years — and raiding them early generally comes with a stiff financial penalty. But there are some situations in which account owners — both those with savings in individual retirement accounts and workplace …

LONDON — Government bond yields are likely to rise in 2023 “for the wrong reasons,” according to Peter Toogood, chief investment officer at Embark Group, as central banks step up efforts to reduce their balance sheets. Central banks around the world have shifted over the past year from quantitative easing …

Shanghai’s main road lies empty during the evening rush hour on Thurs. Dec. 22, 2022, amid a wave of Covid infections. Future Publishing | Future Publishing | Getty Images BEIJING — It’s been about two weeks since mainland China abruptly ended most Covid controls, but the country still has a …

The crypto market has been battered this year, with more than $2 trillion wiped off its value since its peak in Nov. 2021. Cryptocurrencies have been under pressure after the collapse of major exchange FTX. Jonathan Raa | Nurphoto | Getty Images 2022 marked the start of a new “crypto …