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Fox Business

Below please find daily updates pertaining to the latest in financial, business, and tax news:

Fox Business

Bitcoin's ETF opens the floodgates for more

Sat, Oct 23, 2021

Bitcoin ETFs, once considered a pipe dream, are now a reality giving investors more avenues to invest in cryptocurrency....

Dow books record high even as Powell warns on inflation

Fri, Oct 22, 2021

Technology shares lagged after disappointing results from Intel and Snap....

Chipotle could combat inflation with more menu price increases

Fri, Oct 22, 2021

Chipotle Mexican Grill Inc. says it could raise prices even further to combat any inflationary pressures that would squeeze margins....

Trump’s social media SPAC jumps for second day

Fri, Oct 22, 2021

The former president's upcoming social media platform, dubbed Truth Social, is expected to debut a beta version in November and roll out nationwide during the first quarter of 2022....

Stock futures pause after S&P 500 hits record

Fri, Oct 22, 2021

U.S. stock futures were little changed after the S&P 500 reached its 55th record close of the year....

China Evergrande wires funds for bond coupon, averting default

Fri, Oct 22, 2021

China Evergrande Group (3333.HK) wired funds to a trustee account on Thursday for a dollar bond interest payment due Sept. 23, a source told Reuters on Friday, days before a deadline that would have plunged the embattled developer into formal default....

Deutsche Bank whistleblower gets $200 million bounty for tip on Libor misconduct

Fri, Oct 22, 2021

A whistleblower whose information helped U.S. and U.K. regulators investigate manipulation of global interest-rate benchmarks by Deutsche Bank AG was awarded nearly $200 million for assisting the probe, according to people familiar with the matter....

Chipotle posts record sales after hiking prices

Thu, Oct 21, 2021

Chipotle hit a new quarterly sales record after raising menu prices due to higher costs....

Intel’s earnings dented by chip shortage

Thu, Oct 21, 2021

Intel Corp. disappointed investors even as it posted stronger third-quarter earnings and raised its full-year sales outlook, as global chip shortages eat into potential sales....

Trump's 'Truth Social' platform deal draws strong interest from investors

Thu, Oct 21, 2021

Former President Trump’s planned launch of a social media platform drew strong interest from investors on Thursday, causing shares of SPAC company Digital World Acquisition Corp. to surge 357% on news of a planned merger....