The Biden administration has used a carrot and stick approach to force the US auto industry to produce more zero-emission vehicles. Tax credits for EV purchases were the carrot. Now the stick is coming into...

China has fined Bitmain, one of the world's largest producers of cryptocurrency mining machines, almost 25 million yuan (US$3.6 million) for alleged tax violations, according to tax authorities in Beijing. The Beijing office of the...

Seychelles-based cryptocurrency exchange Bitget on Monday announced the launch of a Web3 fund with an initial investment of $100 million to support the development of cryptocurrency projects. The announcement comes ahead of the Hong Kong...

In the first quarter, Wachenheim-based Greenhaven Associates acquired millions of additional shares in General Motors GM -1.42% (ticker: GM) and initiated a large position in Ford F -0.80% Motor (F). Greenhaven also significantly increased its...

Artificial intelligence tool ChatGPT seems to have picked its side in the long-running dispute over whether gold and bitcoin are safe investments. "The AI is pretty smart after all," he said. "He didn't recommend investing...