The stock market saw a pause after a recent bounce back as equity future fluctuated on expectations of strong rate hikes by the Federal Reserve to tackle the highest inflation in decades.
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Shareholders of Tesla Inc. approved stock split in a 3 -1 ratio as the EV maker seeks to attract retail investors. The stock that saw a furious rally since May will come down to the 300 range after the...
Robinhood Markets Inc. is closing its offices and laying off at least 25 percent of its workforce. The public company was punished after its Initial Public Offering in July last year.
The app-based broking firm eliminated 780 employees, roughly 23%...
Bloomberg News reports that water prices in California are at an all-time high. The main reason is the severe drought that has choked off the supplies to the farms and the cities across the so-called Golden State.
On the Nasdaq...
Bloomberg News reports that every individual working on issues related to energy and climate is on their toes in the US, working intensely on the Inflation Reduction Act, hunting for smoke signals as to whether it is suitable for...
According to Bloomberg news, Oracle Corp. is cutting jobs in the marketing and US customer experience department. This indicates that the company is pulling back on advertising services and customer analytics.
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Bloomberg News reports that many executives had taken pride in designing an investment portfolio of assets that promised predictable returns. Despite this scenario, these executives made a risky bet when digital tokens rallied to records last fall.
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The trial faced by the JPMorgan Chase and Co. precious metals head in the US court has revealed insights into its trading desk that dominates the global gold market.
Michael Nowak and his colleagues Jeffrey Ruffo and Gregg Smith ran...
Bloomberg News reports that the central banks globally failed to forecast as they failed to predict the magnitude and the duration for which this inflation would hit, which is the worst in several decades. It has been found that...
Bloomberg News reports that the chief economist of the International Monetary Fund has said that the central banks' efforts to clamp down inflation without a recession seem tough; however, it is not impossible.
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