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JPMorgan CEO Jamie Dimon Praises Crypto’s Benefits
JPMorgan CEO Jamie Dimon defended investors’ rights to invest in cryptocurrencies praising their benefits over traditional banks. “Not all of...
Stock Market Ends April in Red Dragged by Tech Companies
US markets ended April in red as investors turned their backs on technology companies amid concerns about the economy. The...
Berkshire Hathaway Now Owns 9.5% of Activision Blizzard
Berkshire Hathaway now owns 9.5% of video game giant Activision Blizzard, Warren Buffett announced. “We now own something like 9.5%...
Musk Sells $8.4 bn in Tesla Stock After Deal to Buy Twitter
Elon Musk sold roughly $8.4 billion worth of Tesla shares this week, according to filings with the Securities and Exchange...
President Biden Asks Congress for $33bn to Support Ukraine
President Biden is asking Congress for $33bn in military, economic and humanitarian assistance to support Ukraine, a significant ramping up...
Amazon Reports Significant Loss in Quarterly Results
Amazon reported a significant loss in the first three months of the year sending the company's stock plunging. The net...
FDA Moves to Ban Sales of Menthol Cigarettes
The Food and Drug Administration proposed a new rule to ban menthol cigarettes and flavored cigars. “Through careful consideration of...
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....
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