Finance

Microsoft shares are down Wednesday despite an earnings report that showed a 2% spike in quarterly revenue.

Outspoken economist Peter Schiff of Euro Pacific Capital shares his warnings with FOX Business on the debt ceiling and addresses why inflation is not really easing.

3M, the maker of Scotch Tape and Post It Notes, will reduce 2,500 jobs at locations around the world due to macroeconomic uncertainty.

Treasury Secretary Janet Yellen dismissed the idea of minting a $1 trillion platinum coin to raise the debt limit without Congress as a "gimmick" that the Fed may not agree with.

Microsoft and OpenAI will grow their partnership now that Microsoft has confirmed the company will invest $10 billion into the artificial intelligence company.

Precious metals expert predicts gold and silver will rise in 2023 as government spending results in increased inflation and U.S. hits debt ceiling.

Two men have been charged with protecting the ownership of a $90 million owned by a Russian oligarch Viktor Vekselberg, authorities said.

Bed Bath & Beyond is facing another critical challenge: staying listed on the Nasdaq Stock Market.

The Securities and Exchange Commission is not a fan of ETFs that hold just a single stock, but they may have benefits for certain investors.

Elon Musk on Wednesday, ripped the World Economic Forum, saying it is increasingly becoming an "unelected world government" that no one asked for or wanted.

Twitter Inc has announced a new yearly plan to its subscription Blue Checkmark service as a discount to the existing monthly rate, as CEO Elon Musk looks to increase revenue.

Coinbase will stop its operations in Japan due to market conditions after announcing the company would layoff 950 employees to reduce operating expenses.

FTX met with debtors on Tuesday and reported that approximately $415 million in customer funds had been stolen shortly after the company filed for bankruptcy last November.

Investors are selling shares of Goldman Sachs after the bank reported a drop in quarterly profits.

Disney is taking off the gloves in its battle with activist Nelson Peltz, who says the media giant needs to restore its magic.

Financial woes are plaguing Vegas Golden Knights goalie Robin Lehner. He filed for Chapter 7 bankruptcy because he owes $50 million to dozens of creditors.

Central-bank digital currencies could lead to big changes in the most basic activity of any banking system: making and distributing money.

Su Zhu, co-founder of Three Arrows Capital, now bankrupt hopes to raise $25 million in seed money for an exchange to handle FTX's and others' distressed crypto assets.

The New York Times has reported that Bed Bath & Beyond is the in the process of selling chief assets like Buy Buy baby to Sycamore Partners in New York.

Five states, including California, Oregon and Illinois, started requiring many businesses to offer retirement plans or enroll workers in a state-run savings program, according to AARP.