Crypto bank Silvergate says it'll shut down as the market meltdown claims its first mainstream casualty

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US stocks trade mixed as investors assess outlook for rates after Powell testimony

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Adidas will slash its dividends as the split with Kanye West's Yeezy looks set to wipe out $1.3 billion in earnings

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Adidas has warned it could lose $1.3 billion after severing ties with 'Yeezy' designer Ye.

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US stocks rally as traders digest comments from Fed officials on coming rate hikes

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Stock trader Greg Rowe Traders works on the floor of the New York Stock Exchange during morning trading on November 17, 2022 in New York City.

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US stocks trade mixed after interest rates jump to the highest level since November

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US stocks dip to start the month as investors grapple with fears of interest rates higher for longer

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Tesla investor looking to rein in Elon Musk drops his bid for a board seat, saying the EV maker's shareholders 'have been heard'

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Ross Gerber
Ross Gerber said Friday that he had ended his run for a seat on Tesla's board.

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Tesla rival Lucid's stock slides 15% after it says it'll make fewer electric cars than expected this year

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Lucid CEO Peter Rawlinson shows off the Lucid Air electric sedan
Lucid Group shares slumped in premarket trading Thursday after the Tesla rival posted disappointing production and delivery guidance.

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US stocks trade mixed as Fed minutes show central bank willing to push on with rate hikes to fight inflation

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US stocks rise as investors await Fed minutes to gauge interest rate trajectory

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