Image credits: Business Wire Shopify revealed today It is laying off 20% of its workforce, affecting…
Category: Economy
Opposition to Powell’s speculation comes almost immediately
(Bloomberg) — Within hours of the Federal Reserve’s latest policy decision, traders and commentators alike began…
Qualcomm (QCOM) Earnings Report for the Second Quarter of 2023
Cristiano Amon, President and CEO of Qualcomm, speaks during the Milken Institute Global Conference on May…
Why one rate hike might be too much, according to CFOs
The Federal Reserve is expected to raise interest rates by a quarter of a percentage point…
Job openings declined in March as the job market continued to cool
Why it matters: Last major data release before the Fed rate decision. The report released on…
AMD earnings report for the first quarter of 2023
AMD’s report comes as the PC industry is in a deep recession, with shipments down 30%…
Samsung bans the use of AI such as ChatGPT to employees after chatbot abuse
Samsung restricts the use of so-called generative AI tools like ChatGPT to employees after the company…
Chinese electric vehicle brands are expanding into global markets
Yokohama, Japan (AP) — Osamu Furukawa has driven a lot of Japanese cars for his work…
FDIC proposes expansion of corporate bancassurance
WASHINGTON — The Federal Deposit Insurance Corporation recommended Monday that Congress consider expanding its regulatory powers…
The three-word “Hack” gives Twitter users blue ticks for free — but there’s a catch
For some time, Twitter CEO Elon Musk has enjoyed telling people who complain about changes to…