The erstwhile flying technology sector has seen heavy selling this year amid concerns that the sector’s growth could be dampened by rising interest rates. The tech-heavy Nasdaq Composite fell more than 14%. Chris Hondros News | Getty Images A lot…
Although Pelé scored almost 1,300 goals in his professional football career, all biographers agree that the three-time World Cup winner wrote more than 100 songs and sold more than 100,000 copies of one of his albums. He is also in…
David and Victoria Beckham have paid £8.1 million off their business empire after increasing revenues and profits fueled by a series of commercial deals. Beckham Brand Holdings, which includes brands and fashion companies, reported a net profit of £19.1 million…
Gilnature | Istock | Getty Images The Covid Omicron XBB.1.5 variant quickly became dominant in the US because it is highly immunogenic and appears to be more effective at binding to cells than related subvariants, scientists say. XBB.1.5 now represents…
Southwest Airlines has had a terrible end to the year after a major winter storm forced more flight cancellations than industry rivals. Then, somehow, the PR nightmare got worse. At Nashville International Airport on Christmas night, police officers threatened to…
Global stocks and bonds will register losses of more than $30tn for 2022 after inflation, rising interest rates and the war in Ukraine caused the biggest losses in asset markets since the global financial crisis. MSCI’s broad All-World index of…
Income and returns, dividends and royalties. That’s why investors are clamoring to move to 2023. And who can blame them after a year when the S & P 500 slid 20% and when six months and one year Treasury bills…
Twitter CEO Elon Musk recently said he has been “cutting costs like crazy” since taking over the company. Employees are smelling the results. Speaking in a Spaces Twitter chat on December 20, Musk said, “This company is like, basically, you’re…
There is a festive tradition in Finland that everyone decamps to the sauna on Christmas Eve to sit and sweat in candlelight before the feasting begins. Some even believe that a fairytale sauna elf, the saunattontu, guards the peaceful atmosphere…
The Solana logo displayed on a phone screen and a cryptocurrency representation are seen in an illustrative photo taken in Krakow, Poland on August 21, 2021. Jakub Porzycki NurPhoto | Getty Images Solana is said to be a cryptocurrency that…