News
Saudi Aramco Overtakes Apple as World’s Most Valuable Firm
Saudi Aramco surpassed Apple as the world’s most valuable firm for the first time in almost two years. The Saudi...
“Unprecedented” Costs Hit Toyota; Profit Can Slip 20%
Rising energy costs and a doubling in raw material prices and logistics could force Toyota to cut its full-year profit...
Apple Discontinues the iPod After Changing the Music Industry
The iPod, one of Steve Job’s most remarkable developments, is over. Apple confirmed it is discontinuing its iconic music player,...
U.S. Inflation Eased in April to 8.3% Annual Rate
The consumer price index CPI rose 0.3% on April, the smallest monthly gain since last August, the Labor Department reported....
Baby Formula Shortage Intensifies as CVS, Walgreens are Limiting Sales
Major U.S. pharmacies like CVS and Walgreens have restricted sales of baby formula in response to a worsening shortage of...
Sony Announces $1.5 bn Share Buyback After Profit Falls
Sony said it would buy back as much as 200 billion yen ($1.5 billion) of its own shares after reporting...
Biden Reaches Deal to Cut Internet Bills for Low-Income Families
Twenty internet providers have committed to cutting prices or increasing internet speeds for millions of lower-income U.S. families, President Joe...
Bitcoin Losses Half its Value Since November; Drops Below $33,000
The value of Bitcoin has dropped below $33,000, less than half its value after peaking last November, according to the...
Nation’s Mover Rate at New Historical Low Since 1948
The covid pandemic did not stop a decline in the nation’s mover rate which in 2021 was at a new...
G7 Leaders Pledge Further Economic Isolation of Russia
The Group of Seven G7 will reinforce Russia's economic sanctions and elevate a campaign against billionaires and people who support...
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