Business

BlackRock Inc. Chief Executive Officer Larry Fink sold nearly 7% of his stake in the company, netting profits around $25 million.

Bed Bath & Beyond filed for Chapter 11 bankruptcy on Sunday after a series of efforts to keep the business alive failed.

Food prices from inflation are the highest in 45 years.

"The dollar suffered a stunning collapse in 2022 in its market share as a reserve currency, presumably due to its muscular use of sanctions," says CEO and co-CIO of Eurizon SLJ Capital.

New EV interest is down almost two-thirds from January 2022 to March 2023.

Most batteries used in EVs come from China.

"Oil prices remain a wildcard, but we’re likely a few weeks away from seeing the national average peak," says head of petroleum analysis at GasBuddy.

Musk described this new AI as a “maximum truth-seeking AI that tries to understand the nature of the universe.”

The job description for Whitworth's position says that he specialized in "the recruitment and handling of human sources with access to vital intelligence that prevented and disrupted terrorist threats."

"There is risk when we use financial sanctions that are linked to the role of the dollar that over time it could undermine the hegemony of the dollar," Yellen said, adding that implementing sanctions against Russia "does create a desire on the part of China, of Russia, of Iran to find an alternative."