Barry Silbert, Founder and CEO, Digital Currency Group David A. Grogan | CNBC Genesis Trading, the embattled crypto lending arm of Barry Silbert’s Digital Currency Group, has cut headcount by 30% as it faces increasing pressure from creditors and the looming threat of bankruptcy, according to a person with knowledge …

Marko Geber | DigitalVision | Getty Images If you didn’t pay enough taxes in 2022, there’s still time to avoid a “surprise tax bill” and bypass extra penalties, according to the IRS.  The deadline for fourth-quarter estimated tax payments for 2022 is Jan. 17, which applies to income from self-employment, …

U.S. House Republican Leader Kevin McCarthy (R-CA) is surrounded by reporters as he heads from the Speakers Office to the House Chamber for a late evening session as the competition for Speaker of the House continues on the second day of the 118th Congress at the U.S. Capitol in Washington, …

Workers test transformers at a workshop of Hebei Gaojing Electric Equipment Co LTD in an industrial park in Handan, North China’s Hebei province, Jan 3, 2023. CFOTO | Future Publishing | Getty Images The surge in Covid-19 cases in China is impacting the completion of manufacturing orders, according to CNBC …

A worker stacks cases of Constellation Brands’ Corona beer for delivery at the Euclid Beverage LLC warehouse in Peru, Illinois. Daniel Acker | Bloomberg | Getty Images Shares of Constellation Brands fell Thursday after the wine, beer and spirits company reported ongoing supply chain costs that offset sales growth in its …

Halfpoint Images | Moment | Getty Images Navigating the health insurance system is often difficult and overwhelming, even in the best of times. For patients with long Covid, a relatively new condition that frequently leaves patients with a lengthy and unpredictable list of debilitating symptoms, it can be especially nightmarish. …

Credit card interest rates reached record highs last year and there is still more to come in 2023, according to Greg McBride, chief financial analyst at Bankrate.com. Credit card rates are now more than 19%, on average — an all-time high — after rising at the steepest annual pace ever, in step with …

Zoom In IconArrows pointing outwards Planned electric vehicle battery plant capacity in North America by 2030. Data updated through November. U.S. Department of Energy, Argonne National Lab Georgia, Kentucky and Michigan are going to dominate electric vehicle battery manufacturing in the United States by 2030. Each of those three states …

Alex Mashinsky, founder and chief executive officer of Celcius Network Ltd., during a panel session at the Blockchain Week Summit in Paris, France, April 13, 2022. Benjamin Girette | Bloomberg | Getty Images New York Attorney General Letitia James sued former Celsius Network CEO Alex Mashinsky on Thursday, alleging that …

People walk by a Walgreens, owned by the Walgreens Boots Alliance, Inc., in New York City, November 26, 2021. Andrew Kelly | Reuters Check out the companies making headlines and moves in premarket trading. Walgreens Boots Alliance — The drugstore stock fell about 2% in premarket even after the company …