US Recession Is Very Likely, and The Fed Could Hike Rates Above 4.5%, Says...
The US economy will likely endure an extended slump, and the Federal Reserve may hike interest rates above 4.5%, Goldman Sachs CEO David Solomon...
Spotify To Raise The Price of Subscriptions for US Users, CEO Daniel Ek says
Spotify CEO Daniel Ek said on Tuesday he would like to hike the price of subscriptions for users in the US.
Ek's comments came after...
Alphabet Sheds 8%, Marking an Ominous Start to Big Tech Earnings Week
Shares of Alphabet dipped 8% Wednesday morning, a day after the search engine behemoth released third-quarter earnings that missed on the top and bottom...
Georgia’s High Court Says Geico Must Pay $2.7M for Failure to Settle
This is the case of Geico Indemnity Co. v. Whiteside, case number S21Q0227 in the Supreme Court of Georgia.
In April 2021, the Georgia Supreme...
Insurer Wants Release From $6M Payout to Home Improvement Chain
This is the case of North American Elite Insurance v. Menard Inc., case number 21-1813, in the U.S. Court of Appeals for the Seventh...
Apple Raises Its Monthly And Annual Subscription Prices In the U.S.
Apple on Monday hiked monthly and annual subscription prices in the U.S. for its streaming services Apple TV+ and Apple Music. It also raised...
Li Auto Auto and Other Chinese Stocks Plunge Dramatically Amid Sharp Sell-Off
U.S.-traded shares of Chinese electric vehicle makers were hit by a sharp sell-off Monday, as investors soured on non-state-run Chinese companies following a weekend...
The Fed Is Likely To Keep Interest Rates Increased for a Long Time, Says...
The Federal Reserve is likely to leave interest rates high for a considerable amount of time, a move that would keep weighing down on...
Stocks Making the Biggest Moves Midday: Tesla, We Work, Alibaba and More
Check out the companies making the biggest moves midday:
Tesla — Shares of the electric vehicle company shed 3.2% after Tesla cut the starting prices...
Kanye West Is Building His Own “Universe”, Rolling Stone Reports
Kanye West last month filed a batch of trademark applications under the names "Yecosystem" and "Yeezyverse," which sources told Rolling Stone are a step...
Must Read
Anglo American Rejects BHP’s Multibillion Takeover Proposal
Overview of the Rejected Bid
In a significant development on the global mining stage, Anglo American, the multinational mining giant, has firmly rejected a substantial...
