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Economy

Netflix to Crack Down on Password-Sharing with ‘Add a Home’ Fee

July 20, 2022 - 11:37 amJuly 20, 2022 - 10:10 am by Nick R. Hamilton

Netflix has announced that it will expand its crackdown on subscribers sharing their passwords with friends and family members from different households.

Categories Economy Tags Business, Get woke go broke, Netflix, News Leave a comment

Morgan Stanley Warns Bear Market ‘Not Over,’ Even If We Avoid Recession

July 19, 2022 - 10:48 amJuly 19, 2022 - 10:10 am by Nick R. Hamilton

American multinational investment bank Morgan Stanley has warned that the current bear market is “not over” amid recent positive signals.

Categories Economy Tags Bear Market, Business, Economy, Inflation, Morgan Stanley, News, Recession Leave a comment

Sri Lanka Placed under Emergency Declaration Ahead of Vote for New President

July 18, 2022 - 11:58 amJuly 18, 2022 - 10:10 am by Nick R. Hamilton

Crisis-hit Sri Lanka’s acting president has declared a state of emergency across the island nation ahead of the parliamentary vote for the country’s new leader.

Categories Economy Tags Business, News 2 Comments

Retail Sales Rose in June but Down When Inflation Taken into Account

July 17, 2022 - 1:04 pmJuly 17, 2022 - 10:10 am by Nick R. Hamilton

Retail sales in the United States saw a 1 percent rise in June but were down when the impact of inflation is taken into account.

Categories Economy Tags Business, Economy, Inflation, News, Retail 1 Comment

Recession Barometer Copper Plummets in Ominous Sign for World Economy

July 16, 2022 - 1:03 pmJuly 16, 2022 - 10:10 am by Nick R. Hamilton

The price of copper, widely considered a barometer to predict a global recession, has plummeted in an ominous sign for the world economy.

Categories Economy Tags Business, News Leave a comment

Defaults to Soar amid ‘Extremely High’ Recession Risk and Rising Borrowing Costs

July 15, 2022 - 10:57 amJuly 15, 2022 - 10:10 am by Nick R. Hamilton

Credit defaults in the United States are expected to soar as borrowing costs continue to rise amid an “extremely high” risk of recession, a group of finance industry leaders is warning.

Categories Economy Tags Business, Credit, Federal Reserve, Inflation, Jerome Powell, News Leave a comment

Twitter Back Online for Many Users after Suffering Global Outage

July 14, 2022 - 12:16 pmJuly 14, 2022 - 7:10 am by Nick R. Hamilton

Twitter was coming back online on Thursday after an hour-long outage kept thousands of users across the globe from accessing the social media website.

Categories Economy Tags Business, News 1 Comment

Elon Musk Increasing Childcare Benefits at His Companies to Tackle ‘Underpopulation Crisis’

July 13, 2022 - 10:10 am by Nick R. Hamilton

Tech entrepreneur Elon Musk has announced that he is significantly increasing childcare benefits at his companies as part of his plan to help tackle the “underpopulation crisis.”

Categories Economy Tags Birth Rate, Business, Elon Musk, News Leave a comment

Truth Social CEO Devin Nunes: Musk Figured Out Twitter Is ‘Just a Global PR Wire’

July 12, 2022 - 1:11 pmJuly 12, 2022 - 10:10 am by Nick R. Hamilton

Truth Social CEO Devin Nunes has weighed in on the Twitter buyout deal falling through, noting that Elon Musk realized that the social media giant is “just a global PR wire.”

Categories Economy Tags Business, Devin Numes, Elon Musk, News, Truth Social, Twitter Leave a comment

Air Transport Association Chief Warns Flights to Get More Expensive: ‘Without a Doubt’

July 11, 2022 - 11:39 amJuly 11, 2022 - 10:10 am by Nick R. Hamilton

The cost is air travel is going to continue increasing with flight prices expected to soar, the International Air Transport Association (IATA) chief has warned.

Categories Economy Tags Air Travel, Business, Fuel, News, Oil, Oil Prices Leave a comment
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