Coinbase Global Inc. announced on Tuesday that it will reduce its workforce by approximately 14%, attributing the decision to ongoing market volatility and the accelerating impact of artificial intelligence on its operations....

A once-written-off artificial intelligence stock is drawing renewed attention from options traders, who are increasingly placing bullish bets on its recovery. The company, which had been largely dismissed by the market amid a...

The United Arab Emirates’ unexpected decision to withdraw from OPEC marks a seismic shift in the global oil landscape, with far-reaching implications for energy markets. While the move diminishes the cartel’s...

Spirit Airlines has ceased operations after failing to secure a government bailout, marking the end of an era for budget air travel. Negotiations with bondholders for a rescue package broke down this week, leaving the carrier...

The artificial intelligence boom is driving massive capital expenditure by major technology companies, with analysts now projecting that combined spending could surpass $1 trillion by 2027. The staggering scale of investment has...

Starbucks reported a 6.2% increase in global same-store sales for its latest quarter, driven by higher customer traffic at its cafes. The coffee chain raised its full-year earnings and revenue forecasts, signaling that its...