Economy

Google and Facebook have dominated the internet for the past two decades, turning billions of eyeballs into trillions in advertising dollars over that stretch. But with the ChatGPT era altering how consumers engage online, the companies are diverging. In the third quarter, Meta's ad business grew more ...

Why AI is boosting Meta's ad business while hurting Google search

Google and Facebook have dominated the internet for the past two decades, turning billions of eyeballs into trillions in advertising dollars over that stretch. But with the ChatGPT era altering how consumers engage online, the companies are diverging. In the third quarter, Meta's ad business grew more ...

Yesterday • 1 min read

Binance says 90% of $6.3 billion hack losses are now covered, plans to resume withdrawals Sunday

Binance said Saturday that it has covered up to 90% of the roughly $6.3 billion in token assets stolen from its hot wallets in a record crypto theft announced Thursday. Binance said it will continue to buy the remaining relevant token assets through market and over-the-counter channels until the covered ...

October 31, 2026 • 1 min read

Binance said Saturday that it has covered up to 90% of the roughly $6.3 billion in token assets stolen from its hot wallets in a record crypto theft announced Thursday. Binance said it will continue to buy the remaining relevant token assets through market and over-the-counter channels until the covered ...

President Donald Trump promised voters angry about inflation that he would slash gas prices below $2 a gallon within his first year in office. "My plan will cut energy prices in half or more than that within 12 months of taking office," Trump said in a speech to the New York Economic Club in September ...

Trump promised to slash energy costs — but gasoline, diesel and jet fuel all soared instead

President Donald Trump promised voters angry about inflation that he would slash gas prices below $2 a gallon within his first year in office. "My plan will cut energy prices in half or more than that within 12 months of taking office," Trump said in a speech to the New York Economic Club in September ...

October 31, 2026 • 1 min read

Third-quarter U.S. GDP increases a better-than-expected 3.4% as September inflation accelerates

The pace of price increases stepped up in September, keeping inflation well above the Federal Reserve's target, while the economy grew faster than expected in the third quarter, according to Commerce Department reports Thursday. The personal consumption expenditures price index increased a seasonally ...

3 days • 1 min read

The pace of price increases stepped up in September, keeping inflation well above the Federal Reserve's target, while the economy grew faster than expected in the third quarter, according to Commerce Department reports Thursday. The personal consumption expenditures price index increased a seasonally ...