WASHINGTON (AP) — Federal Reserve Chair Jerome Powell said new forms of digital money such as cryptocurrencies and stablecoins present risks to the U.S. financial system and will require new rules to protect consumers. Powell, speaking Wednesday on a panel organized by the Bank for International Settlements, a global organization of central bankers, also said […]

Apple co-founder Steve Wozniak has remained immersed in technology while also pursuing divergent interests since his 1985 departure from the revolutionary company he started with the late Steve Jobs. Wozniak’s side projects have included competing on “Dancing With The Stars” in 2009 and a guest appearance on “Big Bang Theory” during its fourth season. Now […]

SAN JOSE, Calif. (AP) — A former Apple employee has been charged with defrauding the tech giant out of more than $10 million by taking kickbacks, stealing equipment and laundering money, federal prosecutors said. Dhirendra Prasad, 52, worked for 10 years as a buyer in Apple’s Global Service Supply Chain department. A federal criminal case […]

SEATTLE (AP) — Amazon said Tuesday it will spend more than $120 million to build affordable-housing units close to transit stations near Seattle and Washington, D.C, the latest example of a tech company trying to address the affordable housing crisis critics say the industry has exacerbated. Amazon said it is working with Sound Transit and […]

BEIJING (AP) — Chinese authorities on Tuesday tightened anti-virus controls at ports, raising the risk of trade disruptions after some auto and electronics factories shut down as the government fights coronavirus outbreaks. Stock prices in China and Hong Kong sank for a second day following the shutdown on Monday of Shenzhen, a tech and finance […]

CAMARILLO, Calif. (AP) — The average U.S. price of regular-grade gasoline shot up a whopping 79 cents over the past two weeks to a record-setting $4.43 per gallon (3.8 liters). Industry analyst Trilby Lundberg of the Lundberg Survey said Sunday the new price exceeds by 32 cents the prior all-time high of $4.11 set in […]

BRUSSELS (AP) — British and European regulators threatened to crack down on Google and Facebook parent Meta over an agreement for online display advertising services, saying Friday that the deal may breach rules on fair competition. The fresh scrutiny in Europe, which has pioneering efforts to rein in big technology companies, strikes at the heart […]

CHICAGO (AP) — United Airlines will bring back employees who were placed on unpaid leave last year because they refused to get vaccinated against COVID-19. The airline told employees in a memo Thursday that workers who avoided vaccination by claiming a medical or religious exemption will be allowed back starting March 28. The company’s vice […]

WASHINGTON (AP) — Some social media users suggest that soaring fuel prices in the U.S. aren’t the result of Russia’s invasion of Ukraine, increased consumption or supply chain issues as daily life resumes after two years of stagnation brought on by the coronavirus pandemic. Instead, the flurry of Facebook and Twitter posts offer, without evidence, […]

ALBANY, N.Y. (AP) — The first licenses to sell recreational marijuana in New York will go to people who were casualties of the war on drugs, state officials said Wednesday. People with marijuana-related convictions will get dibs on the first 100 to 200 retail cannabis licenses awarded by the state in an effort to redress […]