Recession Watch: Fears Return As Fed Warns Americans Of ‘Some Pain’ As Economy Braces For More Job Cuts
Fears of an impending recession once again escalated Friday after Federal Reserve Chair Jerome Powell warned economic growth will suffer as the central bank wor... Read more.
Tesla’s ‘Brutal Selloff’ Worsens, Market Value Losses Hit $300 Billion As Investors Move Away From Big Tech
Shares of electric carmaker Tesla–last year’s best-performing S&P 500 stock—plunged to their lowest level in three months Monday as the broader market ral... Read more.
What’s Your Data Really Worth?
How mature data strategies dramatically improve bottom-line outcomes.... Read more.
Senate Democrats Cut Deal With Manchin For Lower Unemployment Benefits After 9-Hour Pause
Sen. Joe Manchin (D-W.Va.) on Friday announced a deal with the Senate’s Democratic leadership on an unemployment insurance amendment to the coronavirus relief... Read more.
The U.S. Added 379,000 Jobs In February—Significantly More Than Economists Were Expecting
The United States added 379,000 jobs in February, according to data released Thursday by the Labor Department—far surpassing the 198,000 new jobs economists w... Read more.
Elon Musk Wants To Set Up A City Named Starbase Around His Texas Rocket Launch Site
Billionaire Elon Musk has approached officials of a Texas county where SpaceX has a private launch site and rocket production facility about incorporating a new... Read more.
These Billionaire Donors Spent The Most Money On The 2020 Election
They collectively shelled out $2.3 billion, more than twice as much as Joe Biden’s entire campaign.... Read more.
Is There Wasteful Spending In The New $1.9 Trillion Coronavirus Stimulus Bill? (Forbes)
Over the weekend, the U.S. House posted a first draft version of the “American Rescue Plan Act of 2021” – a $1.9 trillion emergency aid package to help Am... Read more.
Citi Can’t Get Back $500 Million It Accidentally Wired To Revlon Lenders, Federal Judge Rules (Forbes)
Forbes reports: Citigroup has lost out on an attempt to retrieve the more than $500 million it mistakenly wired last year to a group of companies that loaned mo... Read more.