Laid off by Block, reunited on Slack: Inside the 3,800-person ‘Square Mafia’ – Business Insider

General Motors will be hit with charges of about $6 billion as sales of electric vehicles sputter after the U.S. cut tax incentives to buy them and also eased auto emissions standards. Shares slid almost 3% Friday. The charges that will be recorded in the fourth quarter follow an announcement in October that the Detroit…

Revenues from trading precious metals have soared this year © Reuters Banks and traders are expanding their precious metals desks and logistics capabilities as they race to capitalise on gold’s historic rally this year — which has suddenly made the sleepy world of bullion trading and vaulting one of the most profitable areas in finance. …

The Federal Reserve is set to announce its rate decision, and almost no one expects it to cut rates. However, traders will be paying very close attention to Chairman Jerome Powell’s post-meeting press conference, which could hold the real intrigue. STORY CONTINUES BELOW His take on what to expect in the coming months and on…

Traders work on the floor of the New York Stock Exchange (NYSE) on Dec. 30, 2025 in New York City. Spencer Platt | Getty Images The U.S. 10-year Treasury yield moved higher on Wednesday, yet ended 2025 lower amid Federal Reserve rate cuts and sticky-but-trending-lower inflation. The yield on the 10-year Treasury rose more than…

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