Strong US jobs growth dampens talk of rate cuts

While it’s been evident for quite some that the future of cable TV rests on shaky ground, we are now seeing clear signs of the disruption the introduction of streaming and shifting viewing habits has had on the industry. The challenges that lie ahead were laid bare in the recent standoff between Disney and Charter…

Hey there, world travelers and global citizens! Today, we’re taking a fascinating journey across continents to explore the economic powerhouses that are shaping the global landscape in 2024. From bustling metropolises to scenic landscapes, these countries are not only leading the charge in economic growth but also setting the pace for innovation, entrepreneurship, and prosperity…

Facebook is suing two developers and a Spanish company it alleges sold software that delivered fake likes and comments on Instagram, and unlawfully scraped user data from Facebook. Facebook filed separate lawsuits in Spain and California today against Mohammad Zaghar, a Moroccan developer, and Marcos Gómez Platón, a Spanish developer, and his company MGP25 Cyberint…

The Employee Retention Credit was intended to be a financial lifeline to small businesses struggling to make ends meet during the pandemic. The government program, seemingly flush with cash, led to the emergence of an industry of its own, which focused on helping businesses claim the credits. Suddenly, a parade of ads encouraging businesses to…

Business & Finance 28 November 2023, 4:28 am 1 minute Reuters exclusively reported that The Beijing Stock Exchange has de facto implemented a new policy that prevents major shareholders of companies listed on its bourse from selling stock, worried that such sales could douse a long-desired rally.   Market Impact The Beijing bourse currently houses 232…

By encouraging everyday investors, also known as retail investors, to buy up GME stock and increase its price, hedge funds would have to sell out in order to cut their losses from having shorted the stock, which increases the stock price even further. “Hedge funds are getting their asses kicked by the retail investor,” Lindzon…