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Stock market today: US indexes drop after big May jobs report resets rate-cut outlooks

US stocks finished the week more than 1% higher despite Friday's slight decline following a mixed M…

Matthew Fox   


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More job cuts in the crypto world: US' Circle is latest to lay off staff, trim non-core investments

US-based cryptocurrency company Circle which manages stablecoin USDC (USD Coin), has announced that…

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I rejected a job at Google — but then got laid off by Amazon. I don't regret my decisions.

Matan Gans accepted a remote job at Coinbase over moving for Google, but then the offer got rescind…

Beatrice Nolan   


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Stock market today: US stocks rise after hot jobs report highlights economic strength

The US economy added 303,000 jobs in March, ahead of economist estimates of 212,000, helping push t…

Matthew Fox   


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Stock market today: US stocks surge after strong March jobs report and muted wage inflation

"Easing wage growth means we're not in the middle of a labor-market induced inflation surge," Carso…

Matthew Fox   


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Coinbase falls after JPMorgan downgrade on 'extreme decline' in crypto prices and as the exchange announces deep job cuts

Bitcoin and ethereum have each slid about 30% over the past five sessions and Coinbase will be hurt…

Carla Mozée   


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US stocks climb as bond yields edge up ahead of key jobs report

Bond yields tumbled this earlier week as traders digested soft job-openings and private-payroll dat…

Phil Rosen   


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The Winklevoss twins' Gemini crypto exchange is cutting 10% of staff amid wider market downturn

The job cuts at Gemini are the first for the crypto exchange run by the billionaire Winklevoss twin…

Carla Mozée   


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4 mins read

Amazon's job cut plans show that tech isn't out of the woods just yet

Meta did big layoffs last week. Amazon could soon cut 10,000 jobs. More shoes are dropping in tech.

Matt Weinberger   


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Crypto exchange Coinbase to lay off more employees amid FTX saga

The layoffs were announced internally and the company is likely to sack around 60 employees in i…

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Coinbase could fall 18% as Bank of America downgrades stock amid 'murky at best' outlook for cryptocurrency in 2023

BofA cut Coinbase to underperform, saying "it will be challenging for shares to tolerate a signific…

Phil Rosen   


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India’s crypto players bullish on hiring; say crash is just a phase

The global crypto marketcap plunged from $1.7 trillion from the start of May to $929 billion, as of…

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Crypto winter is coming, with companies announcing more than 1,700 layoffs so far in June alone

Last year, when the cryptocurrency market boomed, some crypto exchanges shelled out millions to exp…

Weilun Soon   


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Crypto.com says it will lay off 260 employees, joining the downsizing wave hitting crypto exchanges

In 2021, Crypto.com paid $100 million to have Matt Damon as its spokesperson and spent a reported $…

Weilun Soon   


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7 million retail investors have left Robinhood in a year as stocks and cryptocurrencies plummet

The trading app's monthly active users plunged 34% to 14 million over the past year as retail inves…

George Glover   


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7 mins read

Some crypto investors say TerraUSD and Luna's $60 billion crash pushed them to the brink and led to thoughts of self-harm

"Considering all the hardships, including ... the war that is now going on, the situation with Terr…

Weilun Soon   


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Sam Bankman-Fried has more than $2 billion ready to bankroll acquisitions and if they're as 'cheap' as Robinhood, that's a good thing

Sam Bankman-Fried is eyeing investments and deals that will expand FTX from a cryptocurrency exchan…

Zahra Tayeb   


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Job cuts are back at Bank of America - Working for Cathie Wood - Inside the Coinbase S-1

The top finance stories for February 26, including the latest news on cuts resuming at Bank of Amer…

Dan DeFrancesco   


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10 Things in Tech: Apple cuts production

In today's edition: Apple cuts iPhone production, and we explain how much money Elon Musk and Jeff …

Jordan Parker Erb