US stocks close mixed after the S&P 500 slides into a bear market amid recession fears The S&P 500 and the Dow Jones Industrial Average extended weekly losing streaks. READ MORE Premium An obscure law could jeopardize profits for startups racing to get in on the first legal magic-mushroom market in the US A law that effectively raises taxes for companies that handle illegal drugs is expected to create challenges for startups eyeing Oregon. READ MORE One billionaire was minted every 30 hours during the pandemic. Now, a million people may fall into extreme poverty every 33 hours, Oxfam estimates. In 2021, China minted 62 new billionaires, including Chris Xu, the founder of online fashion giant Shein. The US produced 50 pandemic billionaires. READ MORE Premium As Amazon's winds down its Whole Foods gig worker strategy it's leaving the grocery chain low on employees to fill online orders, workers say Amazon hired workers to fill Prime grocery orders at Whole Foods. Now, they're trying to get them to take jobs at Whole Foods, but many aren't biting. READ MORE Amazon is reportedly testing a program that involves Flex drivers making deliveries from mall retailers The pilot involves Amazon Flex drivers making deliveries from retail stores in Las Vegas; Chandler, Arizona; and Tysons Corner, Virginia, per reports. READ MORE Premium 'The pain isn't over yet'. The investing chief of a $1 billion digital asset manager expects stocks to fall another 30% - and says the sell-off could cause bitcoin to plummet below $22,000 There's more pain ahead for both stocks and cryptocurrencies, according to Valkyrie Investments CIO Steven McClurg. READ MORE Teens are 'flocking' to summer jobs as businesses desperate to fight the Great Resignation offer higher pay and require less experience Wages for jobs that typically attract teenagers are rising, and some businesses are willing to hire a younger worker in a more senior role right now. READ MORE Premium 10 million US buildings face a 'major' to 'extreme' risk of wildfire. See how your home stacks up and why ownership will get more expensive. More than half of US properties face at least some threat of wildfire damage, according to a new study by the nonprofit First Street Foundation. READ MORE Premium The CEO of Kevin Hart's production company, which makes projects like his Netflix film 'Fatherhood,' led its $100 million fundraise while running her mom podcast side hustle Thai Randolph, who started working with Kevin Hart five years ago on his Laugh Out Loud comedy brand, is now CEO of his company, HartBeat, which just raised $100 million from private equity firm Abry. READ MORE Premium Your faraway Facebook friends who bought a house may be tempting you to do the same, in an irrational way, say researchers who analyzed social-media data Harvard and NYU researchers used Facebook and property data to show how rising home prices in faraway places can make you pay more for your own home. READ MORE