Coinbase Global Inc. is taking the first regulatory step toward letting U.S. investors make leveraged, round-the-clock bets on stocks without owning them, seeking to bring one of crypto’s most popular forms of trading onshore.

The push is part of a broader effort to bring the crypto trading playbook onshore just as digital-asset venues are ...Read more

The court-appointed United Auto Workers monitor this week issued a cease-and-desist order against Region 2B Director Dave Green over an election rule violation.

The monitor, attorney Neil Barofsky of Jenner & Block LLP, found that leadership in the region, which covers Ohio and Indiana, pressured staff to remain neutral in the UAW's fall ...Read more

Navigating liquidity issues, a showdown with Chicago over video gambling terminals and a dispute with contractors at its $1.7 billion casino construction site, Bally’s is facing a new challenge: replacing its chief financial officer.

Bally’s announced the departure Thursday of Mira Mircheva, who is stepping down as CFO effective immediately...Read more

In Indian Creek Village, money can buy you a $100 million mansion, a sprawling waterfront compound and a front-row seat to one of the most exclusive enclaves in South Florida.

But you still have to follow the rules created when the village first incorporated in 1939.

Welcome to Billionaire Bunker, where some of the world’s richest people ...Read more

After 205 years, the Saturday Evening Post, the famed magazine that printed its first issues on Ben Franklin’s Old City printing press and whose Norman Rockwell covers defined the optics of quintessential 20th-century Americana, will print its last issue early next year.

Subscribers received a letter in the September issue, which arrives in ...Read more

Nvidia Corp. agreed to acquire artificial intelligence startup Hugging Face in a transaction valued at about $13 billion, adding a popular software platform to the chip giant’s AI empire.

The price includes an equity-based retention program of as much as $1 billion for Hugging Face employees who join Nvidia, according to a statement Thursday...Read more

A coalition of major automakers urged U.S. lawmakers to permanently ban Chinese vehicles, citing the threats they pose to domestic economic and national security interests.

In a letter to Democratic and Republican leadership of both the House of Representatives and Senate, the head of the Alliance for Automotive Innovation said lawmakers should...Read more

Home seekers around Southern California were feeling profound sticker shock.

Median prices had hit records never seen before.

First-time buyers were desperately slapping down-payments on modest ranch homes in far-flung desert communities, enduring long commutes just to escape the rental market.

“We were lucky,” said one new homeowner who ...Read more

The developers of Las Vegas’ biggest new community in years have closed their purchase of the site, giving them 900-plus acres with plans for thousands of homes.

Olympia Companies and Bruin Capital Partners teamed up to acquire roughly 940 acres in the upper northwest Las Vegas Valley for $94 million, Olympia executive vice president Chris ...Read more

When Aleks Posielski received a lease renewal offer from his landlord in May, he was taken aback by an unexpected charge.

Posielski would have to pay an $85 “lease renewal fee,” if he committed within 10 days, even though his lease wasn’t up for six months.

Otherwise, the lease renewal fee would start to increase every 10 additional days...Read more

For the past three decades, buying a home in Sydney has been the surest bet in Australia. Rising prices have enriched families and made property the engine of household wealth. Now the boom is under threat, and the consequences are rippling across the financial system.

Home values are sliding as borrowing costs rise and buyers react to the ...Read more

A bill that would have allowed California insurers to track motorists' driving habits in exchange for potentially lower rates has come to a dead end.

The Consumer Driving Data Protection Act, proposed by Assemblymember Tina S. McKinnor, D-Hawthorne, failed to make it out of the Legislature this week after stiff opposition from consumer and data...Read more

Big Oil has often employed the “hang around” playbook: secure legal rights to a giant resource — and then, eventually, figure out how to produce it profitably. But few companies have taken it to the extremes of Chevron Corp.

For two decades, Chevron stayed in Venezuela while all its major peers quit after former President Hugo Chavez ...Read more

OAKLAND, California — PG&E said Wednesday it will defer $2 billion in planned spending next year, a move the utility warned could delay electrical connections for new homes, renewable-energy projects, data centers and other development after California lawmakers abandoned an overhaul of wildfire liability rules.

The investor-owned utility ...Read more

Representatives from the world’s largest economies unanimously agreed to adopt guidelines proposed by the U.S. that call for a lighter touch toward governing artificial intelligence and other emerging technologies, handing a win to the Trump administration and Silicon Valley.

The framework was endorsed on Wednesday by all of the Group of 20 ...Read more

The Trump Justice Department has weighed in on a landmark copyright infringement case against OpenAI, siding with the tech behemoth over the Daily News and other news organizations for the sake of “America’s global AI dominance.”

In Manhattan Federal Court papers filed Tuesday, the DOJ in a “statement of interest” informed the court ...Read more

Uber is laying off about 3,300 employees, or about 10% of its workforce.

It is the deepest cut the ride-hailing giant that revolutionized on-demand taxis has made since the COVID-19 pandemic.

Chief Executive Dara Khosrowshahi announced the layoffs in a letter to employees Wednesday. The cut comes as Uber faces increasing competition from the ...Read more

Years after it started toying with the idea, the Cuban government has finally approved a new legal framework allowing Cubans living outside the island to own private companies in Cuba, according to a decree law published Wednesday that also lifts restrictions on the size of private businesses and allows an individual to have stakes in several ...Read more

The housing industry is tied in a knot. Sales are dropping, but prices remain high. First time buyers can’t gather the down payment, much less afford the monthly mortgage, because of 30-year rates that remain around 6.7%. Homeowners who locked in rates around 3% during the pandemic can’t afford to move, so they don’t list their homes, ...Read more