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New York (CNN Business) The Covid-ravaged American economy was on the verge of slipping into a doubl

For months, there has beena consistent trickle of newsabout mainstream businesses getting involved in cryptocurrencies. In the past week, it has turned into a flood, helping to push the price of Bitcoin to a record of $48,297 on Thursday.The most buzzworthy move came from Tesla , which disclosed on Monday that it hasbought $1.5 billion worth of Bitcointo hold on its balance sheet. The company plans to let consumers use the currency to pay for cars.Mastercard said on Wednesday that it will let m

If you’re caught up on the latestBitcoin news, you likely know thatfintech stocksare in the hot seat

Deal likely would have been Microsoft's largest-ever acquisition. Microsoft Corp. made overtures to buy Pinterest Inc. in recent months, the Financial Times reported Wednesday night.The acquisition talks are not currently active, the FT reported , adding that in the past Pinterest has signaled its preference to remain an independent company. The FT reported that Microsoft's acquisition strategy is targeting active online communities that it can pair with its cloud platform.Pinterest $$ has a cur

Oil extended its rally for a ninth day on Wednesday, supported by producer supply cuts and hopes tha

Summary Tesla's trillion dollar valuation reflects the irrational exuberance sweeping through finan