BREAKING NEWS: Amazon.com Joins Dow Jones Industrial Average Newest Addition to the Dow Jones Industrial Average (Bloomberg) — Amazon.com Inc. is finally joining the famous Dow Jones Industrial Average. Replacing Walgreens Boots Alliance Inc. Amazon will replace Walgreens Boots Alliance Inc. in the 30-stock gauge, according to a press release from S&P Dow Jones Indices. … Read more
Major Companies Implement Job Cuts and Cost Reduction Measures Amid Volatile Economic Climate In response to ongoing economic challenges and evolving consumer behavior, several major companies have initiated cost-cutting and workforce reduction measures. As businesses seek to adapt to changing market demands, pressing economic concerns have put pressure on companies to optimize their budgets and … Read more
8 Mins Ago January’s strong CPI data sends stock futures down Stock futures slid on Tuesday morning, following a stronger-than-expected read on the latest consumer price index, a key measure of inflation. Consumer prices increased 0.3% in January, higher than the 0.2% rise expected by economists polled by Dow Jones. The annualized change of 3.1% … Read more
Airbnb Arbitrage Scam Exposes Vulnerabilities in Marketplace Hundreds of investors duped by fraudulent Hands-Free Automation Agyeman claimed in marketing materials that his business, Hands-Free Automation, had “5-year exclusivity contracts” with thousands of property owners that gave it permission to relist their properties at a higher price. Getting involved with Hands-Free Automation, or HFA, required a … Read more
Controversial Super Bowl Advertisement Faced with Roadblocks Published on November 12, 2023 Background Plans for an advertisement during the upcoming Super Bowl have sparked intense controversy for Chinese e-commerce giant, Temu. In the previous year, Temu gained significant attention after positioning itself as an “everything store” with low prices. The company, aided by a substantial … Read more
Stocks finish higher as S&P 500 closes in on 5,000 Stocks finish higher as S&P 500 closes in on 5,000 Nasdaq Composite and Dow Jones Industrial Average also see gains Stocks finished higher on Wednesday, with the S&P 500 adding 0.82% to finish at 4,995.06. The Nasdaq Composite jumped 0.95% to settle at 15,756.64, while … Read more
Super Bowl Ads Take Center Stage Ahead of the Big Game Super Bowl Ads Take Center Stage Ahead of the Big Game New York, NY – If you watch the Super Bowl for the commercials, you no longer have to wait until the big game to see what advertisers have in store for viewers. Many … Read more
Blockbuster Job Growth Coincides with Layoff Announcements by Big Companies January 7, 2023 Washington, D.C. – In a surprising turn of events, blockbuster job growth over the past several months has been accompanied by high-profile layoff announcements from prominent companies across various sectors. While this may initially seem contradictory, a closer look reveals a more … Read more
Top News: Vietnam’s Economy, Japan’s Jobless Rate, Stock Market’s Rally, Fed Meeting, and Rates Top News Vietnam’s economy is in a ‘pretty good position’ this year, VinaCapital says Vietnam’s economic growth expected to reach 6-7% Vietnam’s economy is in a “pretty good position” this year, according to VinaCapital chief investment officer Andy Ho. He anticipates … Read more
U.S. Stocks Rise as Big Tech Releases Earnings and Wall Street Awaits Federal Reserve Decision Monday on Wall Street NEW YORK (AP) — U.S. stocks rose Monday to kick off a week where Wall Street’s most influential stocks may show whether the huge expectations built up for them are justified. The S&P 500 gained 36.96 … Read more