The kids are alright after all
When the pandemic hits, I think young people entering the job market will be in for a shock that will continue throughout their careers for years. I’ve never been more happy to be proven wrong. There is good reason to…
Category Business
Apple (AAPL) and Alphabet (GOOGL) earnings: Tech fund manager preview
Apple and Alphabet, among others, are due to post fourth-quarter results this week and all face “their own challenges,” according to technology fund manager Jeremy Gleeson. It comes after Microsoft issued a disappointing revenue forecast last week, but the stock…
The world’s economy will grow faster this year than initially expected, IMF says. You can thank slowing inflation and the easing of China’s strict COVID rules
The global economic outlook has brightened slightly as China eases its zero-COVID policy and the world shows remarkable resilience in the face of high inflation, high interest rates and Russia’s ongoing war against Ukraine. That is the opinion of the…
Joe Biden rules out sending F-16 fighter jets to Ukraine
US President Joe Biden has not sent F-16 fighter jets to Ukraine, dealing a blow to Kyiv’s push to secure the fighter jets just a week after Washington and Berlin agreed to provide them with tanks. Asked by reporters on…
Investors dangerously ignoring bear market impact on earnings
Renowned short seller Jim Chanos sees an alarming trend in the market. “I’ve been on the Road [since] 1980 [and] no bear market has ever traded above 9x to 14x its previous peak earnings,” the founder of Chanos and Company…
Just days after Lisa Marie Presley’s burial, the legal maneuvering for her estate has already begun
Priscilla Presley has filed a legal dispute over the estate of her late daughter Lisa Marie Presley. A filing in Los Angeles Superior Court last week challenged the validity of a 2016 amendment to Lisa Marie Presley’s living trust that…
UK review of EU laws expanded after 1,000 pieces of legislation added
The British government’s plan to review or repeal all EU laws left on the UK statute book by the end of 2023 became more difficult on Monday after it announced that another 1,000 laws had been added to the pile…
Meta earnings report will provide hint at how online ads are doing
Meta Platforms CEO Mark Zuckerberg spoke at Georgetown University in Washington on October 17, 2019. Andrew Caballero-Reynolds | AFP Getty Images Wall Street’s worst year since 2008 has wreaked havoc on tech companies, especially those that rely on digital advertising.…
Drake broke his curse by betting on Kansas City Chiefs winning AFC Championship
Last night, a field goal kick with three seconds left in the AFC Championship Game broke the “Drake Curse.” Besides putting the Kansas City Chiefs into the Super Bowl, the team’s victory also represents success for the rapper who seems…
US stocks lose ground ahead of interest rate decisions
US stocks fell on Monday, with investors chasing down expectations the Federal Reserve will raise interest rates to the highest level since the 2008 financial crisis when it concludes its policy meeting on Wednesday. Wall Street’s benchmark S&P 500 was…