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Crypto derivatives trading became bigger than ever in March, but its share in the total market activity declined for the sixth consecutive month, according to London-based digital assets data provider CCData. Trading volume in futures and options tied to cryptocurrencies on centralized exchanges rose 86.5% to a record high of $6.18 trillion, translating to three
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Amazoninvestors drove shares down sharply on Thursday due to weakness in the retailer’s cloud computing unit and lower-than-expected forecasts for first-quarter revenue and profit. Amazon’s shares fell as much as 5% in extended trade after the fourth-quarter earnings report, erasing about $90 billion worth of stock market value, and were last down about 4.2%. AmazonChief
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close video Terrifying audio captures moment American Airlines plane, military helicopter crash near DC Aviation expert Captain Mike Coffield breaks down the response process and investigation following a midair collision between a regional airline jet and an Army Black Hawk helicopter. President Donald Trump said Thursday that the White House, in coordination with American Airlines,
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Google quietly tweaked its latest Super Bowl ad campaign after its artificial-intelligence chatbot made a bizarre claim about the popularity of Gouda cheese. The search giant’s ad, which profiled small US businesses that are using Gemini AI, falsely claimed that Gouda — a lower-profile variety versus household staples like cheddar, mozzarella and parmesan — accounts
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close video FOX Business Flash top headlines for February 12 Check out what’s clicking on FoxBusiness.com. JPMorgan Chase reportedly has several rounds of layoffs coming this year, and some workers at the company have apparently started being told they will lose their jobs.  Barron’s reported Wednesday that some JPMorgan Chase employees learned from supervisors last week
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Corporate treasurers are ramping up efforts to guard company earnings against more dollar strength, a move that some analysts said points to increased conviction that President Donald Trump’s tariff plans will help keep the US currency higher for longer. The US dollar index is about 7% above its September lows, hovering close to a two-year high reached in
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close video Economist forecasts ‘turn up’ in inflation expectations over next few months Piper Sandler managing director and senior economist Jake Oubina breaks down Fed Chairman Powell’s testimony before lawmakers, the Federal Reserve’s handling of inflation and government spending. Inflation ticked higher in January as stubbornly high prices continued to strain Americans' household finances as
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close video Terrifying audio captures moment American Airlines plane, military helicopter crash near DC Aviation expert Captain Mike Coffield breaks down the response process and investigation following a midair collision between a regional airline jet and an Army Black Hawk helicopter. President Donald Trump said Thursday that the White House, in coordination with American Airlines,
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