The Nasdaq composite, heavily weighted with technology stocks, bore the brunt of the damage this month, ending April with a 13.3% loss, its biggest monthly decline since the 2008 financial crisis. Federal Reserve Chair Jerome Powell has indicated the central bank may hike short-term interest rates at double the usual pace at upcoming meetings, starting in less […]
A Dollar Tree manager is no longer with the company after posting a sign at a Bremen, Indiana, store warning that it wouldn’t hire Generation Z workers. “Of course, we do NOT have a policy against hiring Gen Z workers. Members of Gen Z are people born between 1997 and 2012, or those who are […]
In March 2022, Facebook had 1.96 billion daily active users on average, an increase of 4% year-over-year. Meta cut a sharp contrast with Google parent Alphabet, which on Monday reported disappointing earnings, with profit below Wall Street’s expectations. Recent privacy changes by Apple have made it harder for companies like Meta to track people for […]
“I have to say that I’m not necessarily a fan of having all this cash around and putting it in different envelopes,” he said. Now, those sorting wallets aren’t readily available. During his years at KDKA, he has anchored the morning and weekend news and is currently a featured General Assignment Reporter on the station’s […]
Dave Gray, head of workplace retirement offerings at Fidelity, said Tuesday that the company expects blockchain technology — the foundation for cryptocurrency — to play an important role in financial services. Although it’s considered highly unstable by most financial experts, bitcoin reached its highest price last year in part because more companies began accepting it as a form of […]
The tech-heavy Nasdaq is down 11% so far in April and is on track for its worst calendar month since the financial crisis in 2008. The slide for major indexes follows a mostly weak day on Monday that turned into a late rally, partially led by technology stocks after Twitter agreed to sell itself to […]
“I won’t use the full expression, but Harry is whipped like no person I think I’ve ever seen,” Trump continued. “I do, I’ve been a very good predictor, as you know, I’ve predicted almost everything, it’ll end, and it’ll end bad,” the former president replied. During a White House briefing, a reporter asked him about […]
Shares were losing ground even before the start of trade after Federal Reserve Chair Jerome Powell indicated that aggressive increases in interest rates were needed to fight inflation. Other central banks have also moved to raise interest rates to try and temper the impact of rising prices on businesses and consumers. But policy makers think the […]
According to the Labor Department, unemployment claims fell by 2,000 to a total of 184,000 last week. Those are great jobs, but there are so many jobs in finance, in legal services. …Read the full story
The trend involves people between the ages of 15 and 21 using pellet guns to shoot each other with gel, plastic, or metal beads. If they have a serious injury, you’re looking at an aggravated assault charge, which is a felony,” Reeves said. “If your child is living with you, you definitely need to be […]
“It’s a huge event. New Jersey is among 18 states, plus the District of Columbia, with legalized recreational marijuana markets. Some cities, including Philadelphia and Pittsburgh, passed ordinances to decriminalize marijuana or make it a low law enforcement priority. State regulators say dispensaries in New Jersey are allowed to sell up to the equivalent of […]
“The vibe is more like a bar, where the bartender, budtender, has experience with who’s in the room and who has experience and does not,” Ben Kovler of Green Thumb Industries said. …Read the full story
Volkswagen is neck and neck with Toyota as the world’s largest carmaker. Still, it can feel more like an obstacle course than victory tour for Herbert Diess, who’s been running Volkswagen for the last four years. Herbert Diess: It is quite a hard decision for us because we have about 7,000 people — loyal people […]
But a friend does, and out of her sight for a mere six minutes, they found themselves at a new neighbor’s door. We aren’t identifying the parents, because although they’ve publicly taken responsibility and apologized directly to the homeowner, the trolls have come for the family online. “Those big global conversations, remembering to keep yourself […]
Just three weeks ago, the commission rejected applications from the same medical dispensaries, worried patients would be hit with exorbitant prices if supply could not meet recreational demand. The delays have drawn tremendous criticism from businesses and Senate President Nick Scutari, but Gov. …Read the full story
This is another reason why bitcoin may not strike you as a regular currency. “I think it’s, like, probably the biggest bubble of our lifetime,” said Ryan Payne, the president of Payne Capital Management, a wealth-management firm. “I think there is no intrinsic value,” Payne replied. Long said, “The good we use as money is […]
Last month, in an attempt to skirt harsh financial sanctions, a top Russian lawmaker said Russia may start accepting bitcoin for oil and gas. Black volcanic sand gives way to warm water and an exceptional point break that draws surfers from around the world. We met Andreas Kohl, visiting from Liechtenstein. To understand how this […]
This week on 60 Minutes, correspondent Sharyn Alfonsi traveled to “Bitcoin Beach,” a small coastal town in El Salvador called El Zonte that has created a bitcoin economy. American Mike Peterson, a former financial planner who moved to El Salvador, is the man behind the initiative. That someone was Chris Hunter, a tech entrepreneur who […]
The judge ruled Sheeran had not heard “Oh Why” before writing his song, as the defense claimed. …Read the full story
