AI scammers on Amazon duped investors out of millions with 'passive income' scheme, FTC alleges
Read more at CNBC
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Amazon AI scammers duped investors out of millions with 'passive income' scheme, FTC alleges
The Federal Trade Commission is going after an e-commerce company that allegedly took millions of dollars from consumers as part of a “passive income” scheme, which spun up Amazon storefronts on ...NBC News - 4h -
Warren Buffett’s Advice Is Worth Remembering as Stock Market Gets a Gut Check
The S&P 500 just notched one of its fastest corrections in history.Inc. - 1d -
Tech stocks tumble as AI boom fizzles out
The world’s biggest technology companies have seen their stock prices tumble over the past month as wider tumult in the market hits the tech sector hard after years of steep gains driven by ...The Hill - 4d -
Stocks Rise After Tumult, but Investors Remain Wary of Trade Tensions
Markets rose on better-than-expected inflation news, but uncertainty spurred by more rounds of tit-for-tat tariffs continued to weigh on investors.The New York Times - 6d -
Adobe shares drop 14% as concerns about AI growth overshadow better-than-expected results
Adobe shares fell on Thursday as investors fretted over lingering growth concerns and the company's artificial intelligence monetization strategy.CNBC - 5d -
Computer owners duped in antivirus scam to get over $25M: What to know about payments
More than $25 million in payments will go out this week to customers who were tricked into paying for fraudulent tech support offered by two companies.The Hill - Mar. 11 -
Tech stocks return to earth
Presented by Ericsson — Plus: Exclusive look at "Middle Tech" AI push {beacon} Technology Technology The Big Story Tech stocks return to earth as AI explosion fizzles The world’s biggest ...The Hill - 4d -
Tariffs are causing stock-market panic and leading investors into riskier options trading
Less than two months into his second term, President Donald Trump is already making stock-market volatility great again. That’s been a boon for the options market.MarketWatch - Mar. 11 -
How Some Investors Are Protecting Their Money Amid Stock Market Woes
Some people are shifting their investment strategies as the stock market sours on President Trump, despite advice to maintain their savings and wait out the angst.The New York Times - 2d
More from CNBC
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Nvidia announces Blackwell Ultra and Rubin AI chips
Nvidia’s sales are up more than sixfold since its business was transformed by the release of OpenAI’s ChatGPT in late 2022.CNBC - 4h -
Boeing Starliner astronauts complete return to Earth in SpaceX capsule after extended stay on ISS
Two NASA astronauts are heading home on a SpaceX ship after about nine months at the International Space Station.CNBC - 1h -
Google-Wiz deal is 'litmus test' for Trump administration's handling of Big Tech
After Google agreed to buy security software vendor Wiz for $32 billion on Tuesday, the Trump administration will get an early chance to weigh in on Big Tech.CNBC - 2h -
The Fed will update its rate projections Wednesday. Here's what to expect
If market pricing is correct, there's virtually no chance central bank policymakers budge from the current level of their key interest rate.CNBC - 3h -
Trump and Putin agree on 'energy and infrastructure ceasefire' as step to Ukraine peace deal
Ukrainian President Volodymyr Zelenskyy last week said that Kyiv would agree to a broader 30-day ceasefire if Russia also signed.CNBC - 4h
More in Business
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What happens to gift cards when a chain like Forever 21 or Joann closes stores? Here’s what shoppers can do.
Fabrics giant Joann is closing, and the store has stopped taking gift cards — upsetting many customers. Here’s what shoppers should know.MarketWatch - 14m -
Tesla’s stock gets its lowest price target from a bull. It still implies 39% upside.
RBC Capital Markets cut Tesla’s expected price mark to $320 from $440 on lower projections for robotaxi and self-driving software.MarketWatch - 26m -
Trump’s reciprocal tariffs could bring stagflation — and deflate his support
Trump campaigned on bringing prices down. If tariffs spike inflation and slow U.S. growth, his popularity could suffer.MarketWatch - 27m -
Intel’s stock is on a 5-day hot streak — but it’s still below last month’s highs
Despite excitement over Intel’s new CEO, shares are still below the company’s year-to-date highs — in February, when investors were expecting an imminent breakup.MarketWatch - 29m -
Citi cuts top bankers’ bonuses tied to turnaround drive
Payouts for 250 senior staff reduced as lender strains to boost returns and improve compliance functionFinancial Times - 31m