News
BP is eyeing a $1bn buyout of Tesla charging facilities
Oil giant BP is investigating the Supercharger facilities and staff that are in limbo after Tesla’s mass cuts. Tesla, the electric vehicle manufacturer founded by billionaire Elon Musk, recently decided...
Trump Media Insider Trading Case Sees Investor Convicted
A federal jury in Manhattan has found the investor involved in the recent, highly significant Trump Media merger guilty. Bruce Garelick was convicted of five counts of securities fraud and...
Six of the largest US banks take part in a Federal Reserve exercise
The Federal Reserve has released a statement detailing that some of the largest American banks participated in a new exercise. The Climate Scenario Analysis Exercise (CSA) involved some of the...
Balancing Retirement Planning and the Cost of Education
Saving for retirement and funding your children’s education can be a real challenge for many families. On one hand, you want to ensure you have enough money for a comfortable...
90% of American homes see a price rise according to Q1 report
A first-quarter report from the National Association of Realtors (NAR) found that more than 90% of homes across the U.S. saw their prices rise. The report, which comprehensively analyzed home...
Biggest covid companies record $1.5tn market value loss
According to a recent report by the Financial Times, the biggest corporate earners of the COVID-19 era are now facing losses of $1.5tn. Companies like Peloton and Ring Central, which...
Equinox to launch exclusive $40,000 gym membership to beat Father Time
Equinox, the fitness chain known throughout the United States, is set to launch an expensive personal fitness membership for $40,000. The program "Optimize by Equinox" is being developed in connection...
Leading U.S. companies are having their best patch in two years, says data provider
According to data reported FactSet, the U.S. companies in the S&P 500 are performing well above projected targets. The report, published this week by FactSet, provides a comprehensive overview of...
Massive fraud charges laid at the door of Audit Firm BF Borgers
The Securities and Exchange Committee (SEC) has laid charges at the door ofAudit Firm BF Borgers CPA PC (BF Borgers) for massive rules violations affecting thousands of filings. The regulatory...
Jobs Report shows positive signs for the U.S. economy and Fed
The U.S. Department of Labor has released its long-awaited Jobs Report. The Federal Reserve had investors on high alert for much of an unknown April as indicators pointed toward a...
President Biden Just Vetoed a Franchise-Saving Resolution — Here's What You Can Do to Protect Your Business
President Biden's veto of the repeal of the expanded Joint Employer Rule leaves many uncertainties for the franchise industry. Here's how to protect your business.
Google layoffs hit hundreds as company outsources work to other countries
Google’s decision to lay off hundreds of U.S. employees in favor of cheaper international alternatives and AI is likely to spark further headcount reductions. The company, owned by Alphabet, made...
Stock market banishes Fed rate hike worries
The stock market’s display today banished worries that the Federal Reserve would hit Wall St with a rate hike. The governmental body released the FOMC statement and the following implementation...
Interest rates remain unchanged due to a ‘lack of progress’ on 2% inflation according to Fed
The Federal Reserve, as the authoritative body, has announced that interest rates will remain unchanged due to a “lack of progress” in bringing inflation down. The government body published a...
Binance founder jailed for four months
A Seattle federal judge has held the founder of Binance accountable for his part in an elaborate money laundering scheme. Changpeng Zhao pleaded guilty to the charges held against him...