There's a silver lining to higher interest rates: Stashing some cash finally pays. Soaring inflation, which pushed the Federal Reserve into hiking its benchmark rate, is having an effect on the retu… [+2577 chars]
CNBC's Jim Cramer on Friday said that next week will be a crucial moment for determining what the upcoming earnings season will look like. "It's been ages since we've been on pre-announcement watch,… [+3798 chars]
Crypto lending platform Celsius Network has reportedly onboarded advisers from a management consulting firm in advance of the company possibly facing bankruptcy. According to a Friday report from th… [+1715 chars]
<ul><li>Carnival Corp CCLCUK reported second-quarter FY22 sales growth of 50% Q/Q to $2.4 billion, missing the consensus of $2.62 billion.</li><li>The operating costs and expenses rose 132% to $3.9 b… [+1485 chars]
June 24 (Reuters) - Chevron Corp (CVX.N) is planning to relocate its global headquarters to a new leased space in California and sell its existing head office in the state, a company spokesperson tol… [+954 chars]
Elon Musk wants to share some good news. The Tesla (TSLA) - Get Tesla Inc. Report CEO has been facing some challenges lately, including layoffs, lawsuits as a result of the layoffs and, according t… [+4839 chars]
Cadillac thinks its ready to run with the really big dogs of automotive luxury. An exclusive report in the Wall Street Journalshows just how big Cadillac plans to go.Citing unnamed sources, WSJ says … [+1694 chars]
Netflix continues to lock down plans to offer ad-supported service. As The Hollywood Reporternotes, company co-chief Ted Sarandos confirmed to guests at the Cannes Lions festival that Netflix is addi… [+1630 chars]
China seems to be the… Africa has a significant natural… As the world races to… By Charles Kennedy - Jun 24, 2022, 11:00 AM CDTU.S. President Joe Biden met on Thursday with governors, labor leader… [+2022 chars]
Exxon Mobil CEO Darren Woods would like the U.S. government to help incentivize some of the clean energy innovations his company is developing, like biofuels and direct air capture of carbon dioxide.… [+1822 chars]
While people talk of business cycles, periods of growth followed by downturns, there is little regularity to how recessions occur. Some can happen back-to-back, like the recession that began and end… [+1098 chars]
To get a roundup of TechCrunchs biggest and most important stories delivered to your inbox every day at 3 p.m. PDT,subscribe here. Hey, folks, and welcome to the Friday edition of Daily Crunch. As y… [+9384 chars]
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