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Category: Economy

Dow futures slump on sudden jump in jobless claims;  GME stock crashes 22%
Economy

Dow futures slump on sudden jump in jobless claims; GME stock crashes 22%

Pamela LoweJune 8, 2023

Dow futures fell early Thursday after a surprise jump in weekly jobless claims for the Labor Department. It came in…

Economy

Google and Salesforce are trying bribes and penalties to get workers back to offices

Pamela LoweJune 8, 2023

Comment on this storycomment American corporate executives are stepping up efforts to get workers back to their offices, using a…

Tesla stock boom as questions revolve around Form 3 tax credit eligibility
Economy

Tesla stock boom as questions revolve around Form 3 tax credit eligibility

Pamela LoweJune 7, 2023

all of the Tesla (TSLA) Model 3 auto models are now eligible for the full tax credit under the Inflation…

China’s exports fell 7.5% in May, much more than expected
Economy

China’s exports fell 7.5% in May, much more than expected

Pamela LoweJune 7, 2023

Exports fell 7.5 percent in May compared to a year ago, much worse than the 0.4 percent decline predicted by…

The SEC is suing Coinbase, accusing the crypto platform of breaking market rules
Economy

The SEC is suing Coinbase, accusing the crypto platform of breaking market rules

Pamela LoweJune 6, 2023

In an intensified effort to end what authorities see as an era of chaos in the cryptocurrency market, the Securities…

MBLY, EPAM, MKC, and more
Economy

MBLY, EPAM, MKC, and more

Pamela LoweJune 6, 2023

Amnon Shashua, President and CEO of Mobileye Global, and Patrick Gelsinger, CEO of Intel Corp., outside Nasdaq MarketSite during the…

Australia’s central bank raised interest rates by 25 basis points, defying expectations
Economy

Australia’s central bank raised interest rates by 25 basis points, defying expectations

Pamela LoweJune 6, 2023

Reserve Bank of Australia Governor Philip Lowe said that while inflation in the country may have “passed its peak”, there…

Are stocks in a new bull market?  It depends.
Economy

Are stocks in a new bull market? It depends.

Pamela LoweJune 5, 2023

Obsessed with investors, CEOs and government officials, the Standard & Poor’s 500 Index on Monday came close to finishing 20…

Elon Musk: Twitter is wooing NBCUniversal’s top executives
Economy

Elon Musk: Twitter is wooing NBCUniversal’s top executives

Pamela LoweJune 5, 2023

by Annabelle Liang Business reporter June 5, 2023, 4:39 PM GMT Updated 35 minutes ago photo caption, Joe Benarroch will…

,580,000,000 Entered US Banking System In One Week With Deposit Journey Reversal
Economy

$86,580,000,000 Entered US Banking System In One Week With Deposit Journey Reversal

Pamela LoweJune 4, 2023

New weekly US deposit figures come out, which show Americans are now increasing the amount of cash they hold in…

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