Category Archives: Business

Garrett Downs has joined CNBC.com as a politics reporter based in Washington, covering Congress and industries like agriculture. Most recently, Downs spent more than three years at Politico, writing the “Morning Agriculture” newsletter and working as a congressional reporter for E&E News. Before that, he was a reporter for Agri-Pulse and Inside U.S. Trade andContinueContinue reading “CNBC.com hires Downs to cover Congress”

Do Kwon was the co-founder of blockchain company Terraform Labs. source https://www.inc.com/ava-levinson/crypto-entrepreneur-receives-15-year-fraud-sentence/91278323

What shoppers are spending and snacking on this holiday season. source https://www.inc.com/ali-donaldson/costco-says-these-food-items-drove-their-record-breaking-sales-and-its-not-the-1-50-hot-dog/91278175

Wealthfront Corporation is looking to rake in the wealth after going public on Friday. The Palo Alto-based automated digital wealth platform raised $486 million after selling 43.6 million shares, putting the company’s valuation at roughly $2 billion. Wealthfront shares began trading on the Nasdaq under the ticker “WLTH.”  The company made more than 34.6 millionContinueContinue reading “Wealthfront IPO: Stock price closely watched today as financial platform starts trading on the Nasdaq”

Time magazine has named the “Architects of AI” as its 2025 Person of the Year, a decision that has sparked significant backlash from gamblers who lost out on semantics. The companies behind AI tools and infrastructure aren’t “AI” in the literal sense, so prediction markets Kalshi and Polymarket ruled that anyone betting on “AI” doesn’tContinueContinue reading “Kalshi users are in an uproar over their Time ‘Person of the Year’ bets”