News
Treasury yield hits 15-year high
On Thursday, U.S. Treasury yields hit their highest level in 15 years following the Wednesday release of the Federal Reserve’s...
Cisco to acquire Splunk for $28 billion
Digital communications company Cisco is acquiring cybersecurity firm Splunk in a cash deal valued at approximately $28 billion, Cisco announced...
Rupert Murdoch resigns as head of Fox News and News Corp.
Billionaire news magnate Rupert Murdoch stepped down from his role as chairman of Fox News and News Corp., Murdoch announced...
US brings back free at-home Covid tests
The U.S. government will reportedly offer Americans free at-home Covid-19 testing kits beginning Monday, reopening the free tests for the...
Instacart loses IPO gains during second trading day
On just its second day listed on the NASDAQ, online grocery service Instacart lost almost all of the gains it...
Fed puts off interest rate hike
The U.S. Federal Reserve elected to not hike interest rates at the moment, it revealed in a statement Wednesday. However,...
US automakers layoff workers amid UAW strike
On Wednesday, U.S. automaking giants General Motors and Stellantis announced the respective layoffs of 2,000 and 370 auto workers. In...
Warner Bros. Discovery adds live sports streaming to Max
Starting Oct. 5, mass media conglomerate Warner Bros. Discovery is set to begin offering live sports streaming on its proprietary...
Retailers’ holiday hiring plans sink to lowest levels since 2008
According to outplacement services firm Challenger, Gray & Christmas, U.S. retailers are only expected to add 410,000 new roles during...
Disney to double resources toward entertainment parks
Media giant Disney is set to significantly expand its investment into its cruises and theme parks, Disney announced Tuesday. In...
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