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Markets
Peloton to charge sizable ‘activation fee’ for used equipment purchases
Consumers in the United States and Canada who buy used Peloton exercise machines will face…
US stocks saw biggest inflow since June on day of Trump’s election win: Bank of America
Investors poured $20 billion into U.S. equity funds on Wednesday after President-elect Trump was declared…
Former FTX executive Gary Wang spared prison time for role in crypto fraud
A former top FTX executive charged with writing computer code for now imprisoned FTX founder…
Bitcoin options become a reality
Investors are positioning themselves to benefit from a continued rally in the price of Bitcoin…
Millennium, Capula, Tudor pile bitcoin ETFs into portfolios
Hedge funds including Millennium Management, Capula Management and Tudor Investment increased their exposure to U.S.…
Trump builds team, DOGE starts hiring, bitcoin blasts higher
In this special edition of the FOX Business Rundown Newsletter, we look at the week's…
Ford hit with $165M penalty from NHTSA, second-highest in agency’s history
The National Highway Traffic Safety Administration (NHTSA) imposed a $165 million civil penalty on Ford…
Hacker sentenced over bitcoin theft worth billions
A hacker who helped launder the proceeds of a bitcoin theft from a cryptocurrency exchange was…
Advance Auto Parts closing hundreds of locations following sluggish performance
Advance Auto Parts on Thursday announced that it is planning to close more than 700…
Rivian shares surge 15% after Volkswagen invests $5.8B as part of joint venture
Shares of Rivian jumped over 15% on Wednesday after the electric vehicle maker announced a…
23andMe cuts 40% of its workforce
Genetics testing company 23andMe said on Monday that it is cutting its headcount by 40%,…
Tesla headed for $2T valuation after Musk’s ‘big bet’ on Trump win, analysts say
Tesla shares continue to soar after President-elect Trump secured a second term in the White…
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