Diamond Sports Group, the owner of Bally Sports regional sports networks, has obtained an extension for its bankruptcy process as it faces the upcoming seasons...
Why a falling stock market is a reason to be optimistic
The stock market has been on a downward trend lately, as investors are worried about various factors such as inflation, interest rates, China’s slowdown, and...
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...
Reddit users ask finance-related questions in weekly thread
Reddit, a popular online platform for social news and discussion, hosts a weekly thread where users can ask questions related to finance. The thread is...
General Electric Stock Shows Signs of Recovery After Strong Earnings
General Electric (GE) reported better-than-expected earnings and revenue for the second quarter of 2023, driven by strong performance in its aviation, healthcare, and renewable energy...
California approves driverless taxi services by Cruise and Waymo
California has given the green light to two companies, Cruise and Waymo, to operate their driverless taxi services in San Francisco without human drivers and...
San Francisco approves robotaxi services by Alphabet and GM
San Francisco residents and visitors will soon be able to enjoy a new transportation option: robotaxis. The California Public Utilities Commission (CPUC) voted on Thursday...
Bitcoin may be poised for a rally, according to Matrixport’s index
Matrixport, a crypto services provider, has developed a proprietary index that measures investor sentiment and market trends for bitcoin (BTC). The index is called the...
Biden’s China tech curbs spark fears of retaliation among US investors
President Joe Biden has issued an executive order that prohibits some US investments in Chinese technology firms that pose a threat to national security and...
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...
Fed’s balance sheet reduction poses a bigger threat to stocks than rate hikes
The Federal Reserve may be nearing the end of its rate hiking cycle, as inflation cools down and economic growth slows down. However, the central...
US workers use ChatGPT to boost productivity, but face security and ethical risks
ChatGPT is an artificial intelligence (AI) chatbot that can generate text and answer questions based on any prompt given by the user. It uses a...
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...
SEC files appeal against court ruling in favor of Ripple and XRP
The U.S. Securities and Exchange Commission (SEC) has filed an appeal against the federal court ruling that declared XRP, the native token of Ripple, as...
How to invest in the financial sector without banks
Many investors who want to diversify their portfolios with exposure to the financial sector face a dilemma: they want to invest in companies that provide...