NextEra Energy (NEE) is the largest electric utility in the U.S. with a market value of $138 billion. It operates two businesses: Florida Power &...
Rising US Treasury yields weigh on Nasdaq and S&P 500 as big tech stocks slump
The Nasdaq and the S&P 500 closed lower on Friday, with both recording a second straight weekly decline, as hotter-than-expected U.S. producer prices data pushed...
How a bear steepener in the bond market could hurt the stock market
A bear steepener is a term used to describe a situation in the bond market where long-term interest rates rise faster than short-term interest rates,...
Nikola halts sales and recalls all electric trucks after fire incidents
Nikola, the electric and hydrogen semi truck maker, announced on Friday that it was recalling all the battery-powered electric trucks that it has delivered so...
WynnBET exits eight U.S. states amid online sports betting challenges
Wynn Resorts, the parent company of WynnBET, announced on Friday that it will close its online sports betting and iGaming platform in eight U.S. states,...
NYC Renters Face Rising Costs and Fierce Competition
The rental market in New York City is bouncing back from the pandemic slump, but not in favor of the renters. According to the latest...
A New Product Aims to Make Public Restrooms Cleaner and Safer
Public restrooms are a necessity for everyone, but they can also be a source of discomfort, disgust, and disease. The cleanliness of a public restroom...
Russia’s currency crisis and its digital ruble plan
Russia is facing a severe currency crisis, as the ruble has plunged to its lowest level against the dollar since the start of the war...
Boeing and GKN Aerospace in legal dispute over Hazelwood plant closure
Boeing, one of the world’s largest aerospace manufacturers, is suing GKN Aerospace, a supplier of aircraft parts, over its decision to close its Hazelwood plant...
Global trade slump hits export-dependent economies hard
Global trade has contracted sharply in the past year, as the COVID-19 pandemic and supply chain disruptions have dampened consumer demand and lowered commodity prices....
China’s deflationary pressure threatens low-end restaurants and consumers
China’s consumer prices fell for the first time in 11 years in July, as the COVID-19 pandemic dampened consumer demand and lowered food prices. The consumer...
How to find cheap labor for your business: tips and advice
Cheap labor is the term used to describe workers who are paid low wages for their work. Cheap labor can be beneficial for businesses that...
X CEO Linda Yaccarino defends Elon Musk’s chaotic takeover of Twitter
Linda Yaccarino, the CEO of X, the social media platform formerly known as Twitter, has defended the controversial rebranding and ownership of the company by...
How to Use a Trademark Checker to Protect Your Business Name
A trademark checker is a tool that allows you to search for existing trademarks that may be similar or identical to your desired business name....
Ford and GM Shares Plunge as Car Prices Fall in July
Car prices in the U.S. fell by 0.2% year-over-year in July, according to the latest data from the Bureau of Labor Statistics. This was the...
Singapore Cuts 2023 Growth Outlook Due to Weak Global Demand
Singapore’s economy grew by 0.5% year-on-year in the second quarter of 2023, according to the Ministry of Trade and Industry (MTI) on Friday. This was...