Economy

A million-dollar gold bear emerges ahead of the Fed decision

Someone sold upside call exposure in the SPDR Gold ETF (GLD) while simultaneously buying downside put exposure in a two-pronged trade.

Fed Holds Interest Rates Steady: Here's What That Means for Credit Cards, Mortgages, Car Loans and Savings Rates

From mortgage rates to auto loans and credit cards, here’s a look at how the Fed's April interest rate decision may affect your wallet.

Robinhood's revenue slump exposes crypto's core weakness

Crypto still struggles to generate stable, nonspeculative revenue despite years of growth, innovation and institutional acceptance.

Amazon stock dips even as earnings beat expectations with strong cloud growth

Revenue in Amazon's cloud computing segment expanded 28% year over year, topping analysts' estimates.

Paramount CEO David Ellison wants to release 30 films annually. History and Hollywood say it's unrealistic

While David Ellison has set a lofty goal for Paramount to release 30 films a year, there's no recent precedent for such a haul.

PayPal's new CEO makes Venmo a standalone business unit as potential buyers circle

PayPal is betting that a new corporate structure can reignite growth at a company that has lost ground to Apple, Google and Stripe in the e-commerce battle.