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Economy

US Experts Raise Concerns about China Cornering Market for Old-Gen Chip Technology

December 15, 2022 - 10:06 am by Nick R. Hamilton

Experts in the United States are raising concerns that firms in China are cornering the market on the production of older-generation chips.

Categories Economy Tags Business, China, Chip, News, SMIC, Technology 1 Comment

FTX CEO Sam Bankman-Fried Denied Bail after Arrest, Faces up to 115 Years in Jail

December 14, 2022 - 10:52 amDecember 14, 2022 - 10:06 am by Nick R. Hamilton

Bankrupt cryptocurrency exchange FTX co-founder Sam Bankman-Fried has been denied bail after his arrest in the Bahamas.

Categories Economy Tags Business, FTX, News, Sam Bankman-Fried, The Bahamas 2 Comments

Musk and Dorsey Argue over Claims Twitter Ignored Child Exploitation for Years

December 13, 2022 - 10:39 amDecember 13, 2022 - 10:06 am by Nick R. Hamilton

Twitter’s new boss Elon Musk and the company’s co-founder Jack Dorsey are publicly arguing about the platform’s handling of child exploitation.

Categories Economy, News Tags Business, Elon Musk, Jack Dorsey, News, Twitter 5 Comments

Sam Bankman-Fried Seeks to Launch New Business after FTX Collapse

December 13, 2022 - 6:36 amDecember 12, 2022 - 10:06 am by Nick R. Hamilton

FTX founder Sam Bankman-Fried has revealed his plans to launch a new business venture just weeks after the historic collapse of his cryptocurrency exchange.

Categories Economy Tags Business, Fraud, FTX, News, Sam Bankman-Fried 6 Comments

Stellantis Plant Prepares for 1,350 Layoffs Due to Rising Electric Vehicle Production Costs

December 11, 2022 - 10:47 amDecember 11, 2022 - 10:06 am by Nick R. Hamilton

Stellantis’s assembly plant in Illinois could see 1,350 layoffs as the company struggles with rising electric vehicle production costs.

Categories Economy Tags Business, Detroit, Electric Car, Electric Vehicles, Illinois, News, Stellantis 1 Comment

Newt Gingrich: Twitter Interfered with U.S Elections

December 10, 2022 - 10:06 am by Nick R. Hamilton

Social media company Twitter played a key role in interfering in America’s elections, according to former House Speaker Newt Gingrich.

Categories Economy, News Tags Business, Elections, Elon Musk, News, Newt Gingrich, Twitter, Twitter Files 5 Comments

New York Times Staff Go on Strike, Protest for Better Conditions, Higher Wages

December 9, 2022 - 3:10 pmDecember 9, 2022 - 10:06 am by Nick R. Hamilton

Staff members at the New York Times have called a strike and are protesting for better working conditions and higher wages.

Categories Economy Tags Business, Media, New York Times, News, Protest, Strike 2 Comments

Musk Says ‘Twitter Files’ Were Compromised as He Fires Ex-FBI Twitter Lawyer Behind ‘Vetting’ Data

December 8, 2022 - 11:21 amDecember 8, 2022 - 10:06 am by Nick R. Hamilton

Twitter boss Elon Musk has revealed that the “most important data” from the “Twitter Files” may have been compromised.

Categories Economy Tags Biden, Business, Elon Musk, Hunter Biden, James Baker, Laptop from Hell, News, Twitter, Twitter Files 1 Comment

Over 40 Percent of Americans Expect Housing Market to Crash Next Year, Survey Shows

December 7, 2022 - 10:52 amDecember 7, 2022 - 10:06 am by Nick R. Hamilton

Over 40 percent of Americans say they believe the U.S. housing market will crash next year, a new real estate industry survey has revealed.

Categories Economy Tags Business, Economy, Housing Market, News, Poll, Real Estate, Survey 2 Comments

Renowned Economist Nouriel Roubini Warns ‘The Mother of All Economic Crises Looms’

December 6, 2022 - 1:31 pm by Nick R. Hamilton

Renowned economist Nouriel Roubini has warned that “the mother of all economic crises” is now looming.

Categories Economy, News Tags Business, Economist, Economy, News, Nouriel Roubini, Recession 3 Comments
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