The Latest Breaking News from Block

The previous owner of X says the mass job losses are not for financial reasons or because of greater use of AI

Block co-founder denies that the cuts were for financial reasons or to replace workers with AI

March S&P 500 E-Mini futures (ESH25) are down -0.15%, and March Nasdaq 100 E-Mini futures (NQH25) are down -0.17% this morning as investors assess tariff and geopolitical risks, while also awaiting a raft of U.S. economic data, remarks from Federal Reserve officials, and an earnings report from retail giant Walmart.

CFOs at top companies explain how the role continues to evolve.

Block created a new open-source team and launched Goose, an open-source AI agent.

Block will trade under the ticker XYZ starting on Jan. 21.

The Consumer Financial Protection Bureau announced the order on Thursday in the waning days of the Biden administration.

The U.S. Consumer Financial Protection Bureau found that Block, which is owned by Twitter founder, Jack Dorsey, failed to give adequate customer service–including the absence of live telephone agents–for customers to get assistance.

The Fortune 500 company aspires to offer economic empowerment.