News
Facebook Recovers Lost Users, Meta’s Revenue Slows
The number of daily active Facebook users grew to 1.96 billion in the first three months of the year, ahead...
U.S. GDP Unexpectedly Shrank at a 1.4% Pace in Q1
The U.S. economy unexpectedly shrank in the first quarter of 2022, the Commerce Department reported. The nation’s GDP declined at...
U.S. Moves Toward More Efficient Lighting
The Biden administration is moving faster toward more efficient lighting that officials say will save billions of dollars a year....
Walmart Doubles Gas Discounts for Subscription Service Members
Walmart will offer deeper discounts on fuel trying to get more customers to join and renew Walmart+, the company announced....
Deutsche Bank Warns on Major Recession Coming in the U.S.
A major recession is coming in the U.S., the Deutsche Bank warned. According to a report sent to the banks’...
US Home Prices Rose by Nearly 20%, Slowdown May Be Coming
Home prices increased 19.8% in February year over year up from the 19.1% annual increase in January according to the...
COVID-19 Lockdowns Batter Chinese Stock Markets and the Yuan
The recent COVID-19 lockdowns are having a huge impact on the world's second biggest economy. Chinese stocks slumped deeper into...
Twitter Accepts Musk’s $44bn Buyout Deal
Twitter’s board has accepted an offer from Elon Musk to buy the social media company and take it private, the...
Amazon Warehouse on Staten Island Begins Voting on a Union
Amazon workers are casting their ballots in another union drive at a warehouse on New York’s Staten Island. Over 1,500...
GM Announces New Electrified Corvette Beginning in 2023
General Motors will produce an electrified Chevrolet Corvette next year, followed by an all-electric version of the iconic sports car,...
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