The NFT craze appears to be fading fast, with sales collapsing by nearly 90 percent over the past month, according to new data.  The market for so-called “non-fungible tokens” — one-of-a-kind, verifiable digital assets that grabbed headlines when Sotheby’s sold an NFT by the artist Beeple for $69 million — peaked on May 3 with...Read More

Private-sector hiring picked up at its fastest pace in almost a year last month as companies hired almost 980,000 workers, according to a report published Thursday by payroll processing firm ADP. That’s a leap from the 654,000 workers added on private payrolls in April and marks the country’s largest gain since June. ADP’s private payroll...Read More

Cinema chain AMC Entertainment announced Thursday that it plans to sell 11.5 million new shares amid a roller-coaster rally that’s sent its stock soaring — but the company also warned investors that they could lose all their money. “Under the circumstances, we caution you against investing in our Class A common stock, unless you are...Read More

The number of Americans seeking new unemployment benefits dropped below 400,000 for the first time since March of last year — marking a new pandemic low, the feds said Thursday. Initial worker filings for jobless claims, seen as a signal of layoffs, reached 385,000 last week, down from 406,000 reported the prior week, according to data...Read More

Google is removing its head of diversity strategy from his post — but keeping him in the company — after a 2007 blog post surfaced in which he wrote that Jews have “an insatiable appetite for war and killing,” and an “insensitivity” to people’s suffering. Kamau Bobb, whose bio still reads “Global Lead for Diversity...Read More

Sifting through this week’s explosive lawsuit against Leon Black by an ex-Russian model, there may be a bright spot for Black: The case isn’t likely to dig up any dirt about the billionaire’s alleged ties with Jeffrey Epstein. That’s because the defamation suit filed Tuesday by Guzel Ganieva — a single mother who denies Black’s...Read More

Manhattan politicos have squashed Gov. Cuomo’s plan to fast track a Las Vegas-style casino in the Big Apple, The Post has learned. As The Post exclusively reported in March, three big name casinos — Wynn Resorts, Bally’s Corp. and Las Vegas Sands — have been gearing up for a rare opportunity to compete for a...Read More

ExxonMobil shareholders elected a third director nominated by hedge fund Engine No. 1 to the oil company’s board, the company said on Wednesday, extending the new firm’s upset victory at one of America’s most iconic corporations. The election was a shock to an energy industry struggling to address growing investor concerns about global warming and...Read More

Shares of AMC Entertainment nearly doubled on Wednesday — but Mudrick Capital, which liquidated a $230 million position in the movie exhibitor a day earlier, isn’t eating its heart out, sources told The Post. Even as the stock doubled to $62.55 — up 95 percent from the previous day’s close of $32.04 — people close...Read More

Music exec Scooter Braun, best known for his ugly public spat with Taylor Swift, lured a high-flying financier into a dead-end job by name-dropping stars like Kanye West, according to a new lawsuit.  Former Goldman Sachs partner Peter Comisar says Braun duped him into leaving his lucrative gig at Guggenheim Securities by promising him a...Read More