NEW YORK (AP) — Interested in Bitcoin but don’t want to open a crypto trading account? Wall Street has something for you. ProShares said Monday it plans to launch the country’s first exchange-traded fund linked to Bitcoin. The ETF with the ticker symbol “BITO” is expected to begin trading Tuesday, barring any opposition from regulators. […]

WASHINGTON (AP) — U.S. House lawmakers are threatening to seek a criminal investigation of Amazon, saying the tech giant has one “final chance” to correct previous testimony by executives on its competition practices. They sent a letter Monday to Amazon President and CEO Andy Jassy, marking an escalation in a bipartisan battle against Amazon by […]

DES MOINES, Iowa (AP) — Like other ranchers across the country, Rusty Kemp for years grumbled about rock-bottom prices paid for the cattle he raised in central Nebraska, even as the cost of beef at grocery stores kept climbing. He and his neighbors blamed it on consolidation in the beef industry stretching back to the […]

WASHINGTON (AP) — Federal regulators say they are cracking down on “an explosion” of businesses’ use of fake reviews and other misleading messages to promote their products and services on social media. The Federal Trade Commission said it has warned hundreds of major corporations and smaller businesses that they could face fines if they use […]

NEW YORK (AP) — It’s good to be a bank right now. Four of the largest U.S. banks said their profits grew by double-digits last quarter, as a healthier U.S. economy has helped reduce the number of loans in default or that the bank won’t likely recoup. The results for Citigroup, Bank of America, Wells […]

WASHINGTON (AP) — Inflation at the wholesale level rose 8.6% in September compared to a year ago, the largest advance since the 12-month change was first calculated in 2010. The Labor Department reported Thursday that the monthly increase in its producer price index, which measures inflationary pressures before they reach consumers, was 0.5% for September […]

JERUSALEM (VINnews) — A new Israeli tech initiative called “SaveMe” is designed to protect pedestrians from being hit by cars on crosswalks. The new system identifies pedestrians who want to cross on the crosswalk and flashing lights placed along the whole crosswalk immediately light up. The lights attract the attention of drivers who can see […]

WASHINGTON (AP) — The number of Americans applying for unemployment benefits fell to its lowest level since the pandemic began, a sign the job market is still improving even as hiring has slowed in the past two months. Unemployment claims dropped 36,000 to 293,000 last week, the second straight drop, the Labor Department said Thursday. […]

NEW YORK (AP) — New York City’s COVID-19 vaccination mandate for restaurants, gyms and entertainment venues is going so well that only 15 businesses have been fined for not enforcing the policy, Mayor Bill de Blasio said Wednesday. De Blasio said the high rate of compliance with the vaccine mandate that was announced last summer […]

WASHINGTON (AP) – The White House said Wednesday it has helped broker an agreement for the Port of Los Angeles to become a 24-hour, seven-days-a-week operation, part of an effort to relieve supply chain bottlenecks and move stranded container ships that are driving prices higher for U.S. consumers. President Joe Biden planned to discuss the […]