Kevin Rose, the co-founder of Moonbirds non-fungible tokens (NFTs) and the CEO of Proof Collective, has fallen victim to a phishing attack due to which he lost about $1.1 million worth of tokens.Some of the stolen NFTs include The Currency artwork by popular British artist…

The U.S. economy finished 2022 in solid shape even as questions persist over whether growth will turn negative in the year ahead.Fourth-quarter gross domestic product, the sum of all goods and services produced for the October-to-December period, rose at a 2.9% annualized pace, the Commerce…

Thomas Barwick | DigitalVision | Getty ImagesBig-name tech firms like Amazon, Google, Meta and Microsoft are undergoing mass layoffs, but job prospects for applicants in the broader tech ecosystem are poised to be among the best of any industry in 2023, according to a new…

Royal Mail has taken a £200mn hit from strikes as it races to restore customers’ faith in its services amid an ongoing dispute with postal workers and a damaging cyber attack.The UK delivery group’s parent company, International Distribution Services, said on Thursday that 18 days…

A Southwest Airlines Co. Boeing 737 passenger jet pushes back from a gate at Midway International Airport (MDW) in Chicago, Illinois.Luke Sharrett | Bloomberg | Getty ImagesCheck out the companies making the biggest moves premarket:Southwest — The airline dropped 2.1% after reporting a $220 million…

Capital Group has tapped Mike Gitlin, its head of fixed income, to become its next chief executive, as the world’s largest active asset manager continues expanding beyond its roots in US equity funds.Gitlin, who joined Capital in 2014 from T Rowe Price, takes over the…