CATEGORY

Business

Stocks slide as Amazon weighs down tech sector

Amazon Inc.'s revenue topped $100B for third straight quarter.

Amazon Hit with Nearly $1B Fine as Stock Drops 8.1%, Bezos Loses $13.5B

Amazon hit with $887 million fine by European privacy watchdog as it sees $148 billion in market value wiped out after missing sales forecast—Bezos still world's richest person.

Senate Advances Bipartisan Infrastructure Deal

The Senate passed a procedural vote to advance a $1.2 trillion infrastructure package. In a 67-to-32 vote Wednesday, the Senate reached bipartisan support to move forward on the bill after weeks of no progress.

U.S. economy grew at a 6.5% rate last quarter, missing expectations

The U.S. economy grew at an annualized 6.5% rate last quarter, the government said Thursday — slower than the 8.4% economists expected.

Thanks To Inflation, American Wages Drop By Nearly 2%

According to federal data, the average American’s wage is on the decline due to inflation.

Inflation fears surge 10%, double 2018 worries

jumped, doubling the fears of just three years ago, according to a groundbreaking “Inflation Index” survey provided to Secrets.

GOP Rep. Ted Budd pushes bill for White House staff to take a course on inflation

member of President Biden‘s staff to take a financial literacy course on inflation before the White House could receive further funding.

Dem-sponsored changes to death taxes could cost almost 1M US jobs, study finds

Republicans and Democrats are at odds over ending the stepped-up basis provision.

Corporate profit margins holding up despite cost inflation, rising wages

Net percentage of companies with rising profit margins.

World Investors Pouring Record $900 Billion into U.S. Funds

Global money managers funneled nearly $1 trillion into U.S. financial assets in the first half, signaling the American economy is primed to dominate post-COVID markets.

Latest news

- Advertisement -spot_img