Bitcoin shows its volatility once again in steep overnight decline, now back below $70,000

Bitcoin offices are seen in Istanbul, Turkey, on February 28, 2024.  Umit Turhan Coskun | Nurphoto | Getty Images Bitcoin suffered a steep drop in overnight trading, showing that the world’s largest cryptocurrency hasn’t shaken its tendency for big drops despite continuing to gain acceptance within the mainstream financial world. Data from Coin Metrics shows … Read more

There is only one thing that matters about Donald Trump — and it’s not his crimes or mental decline

I don’t know about anyone else, but I’m already tired of the presidential election campaign and it’s just mid-March. And I like politics. Usually, by this time in the campaign season, we’re not even sure who the nominees are yet. This year we already know and most of us have already made up our minds. … Read more

Pfizer is betting big on cancer drugs after Covid decline

Nurphoto | Nurphoto | Getty Images Pfizer is ready to move on from Covid.  Now, the company is betting on cancer drugs to help it regain its footing after a rocky year marked by the rapid decline of its Covid business. It just might take a while before that bet pays off.  Pfizer pitched its … Read more

Zelenskyy’s wife, Navalny’s widow decline Biden State of the Union invites

The White House on Wednesday confirmed that Ukraine’s first lady and Russian opposition leader Alexei Navalny’s widow were invited to the State of the Union but declined to attend. Press secretary Karine Jean-Pierre declined to provide details. PHOTO: Ukrainian First Lady Olena Zelenska arrives for a meeting in Berlin, Feb. 2, 2024. | Yulia Navalny … Read more

At the funeral of a slain Zimbabwean activist, clashes and a low turnout mirror opposition decline

HARARE, Zimbabwe — A Zimbabwean opposition activist slain nearly two years ago was finally buried Saturday at an event marked by a low turnout and clashes between members of the main opposition party, highlighting its decline. Moreblessing Ali, 46, a member of the opposition Citizens Coalition for Change, or CCC, was abducted in May 2022 … Read more

Apple iPhone supplier Foxconn expects first-quarter revenue decline

Apple’s iPhone 15 series devices are displayed for sale at The Grove Apple retail store on release day in Los Angeles on Sept. 22, 2023. Patrick T. Fallon | AFP | Getty Images Apple supplier and lead iPhone assembler Foxconn on Friday reported a revenue drop for the final quarter of 2023 and said it … Read more

Europe’s inflation is up after months of decline. It could mean a longer wait for interest rate cuts

FRANKFURT, Germany — Inflation plaguing Europe rose to 2.9% in December, rebounding after seven straight monthly declines as food prices rose and support for high energy bills ended in some countries. The rise in price levels is casting doubt on predictions for speedy interest rate cuts from the European Central Bank. The figure released Friday … Read more

U.S. crude oil sheds more than 10% in first annual decline since 2020

A driver pumps gas at a Sunoco gas station in Washington, DC, US, on Tuesday, Nov. 28, 2023.  Al Drago | Bloomberg | Getty Images U.S. crude oil closed out the year more than 10% lower as bearish sentiment has taken over due to worries that the market is oversupplied from record production outside OPEC. … Read more

Mortgage Interest Rates Today for Dec. 7, 2023: Rates Decline

Mortgage Interest Rates Today for Dec. 7, 2023: Rates Decline – CNET Want CNET to notify you of price drops and the latest stories? This week, a couple of notable mortgage rates moved down. If you’re shopping for a home loan, see how today’s high interest rates affect your budget. Katherine Watt Contributor Katherine Watt … Read more

Western Digital is spinning off its flash memory business as sales decline

Western Digital is splitting into two companies: one for its flash business and another for its hard drive storage products. The company announced the change alongside its earnings results on Monday, noting that spinning off its flash business will allow Western Digital to “realize its full value.” “Our HDD and Flash businesses are both well … Read more