Alphabet
Wall Street ends down as US retail sales data crimps rate cut bets
Stocks finished lower after upbeat December U.S. retail sales data eroded expectations the Federal Reserve will kick off its rate-cut campaign as early as March.
$1 billion revenue
Generative AI’s wild 2023
ChatGPT was well on its way to becoming a household name even before 2023 kicked off.
economist
U.S. Economist Predicts That 2024 Will Prompt ‘Biggest Crash Of Our Lifetime’
American economist Harry Dent made an unfortunate prediction about the markets in the new year, claiming that 2024 will bring forth the “biggest crash of our lifetime.”
ECONOMY
JPMorgan CEO Jamie Dimon: Wall Street Should Prepare For A Recession
JPMorgan CEO Jamie Dimon says Wall Street should be prepared for a recession.
dow jones
New Report Shows 336K New Jobs Added To U.S. Economy, Defying Expectations
The U.S. economy witnessed a hefty increase of 336,000 new jobs last month, marking the strongest job growth since January, according to the latest report by the Bureau of Labor Statistics.
20th Century Fox
Disney Sued By Financing Partner For Allegedly Scamming Them Out Of Millions
Hollywood film financier TSG is now suing the Disney company for allegedly cheating them out of millions of dollars.
California
Senator Feinstein Sues Trustees In Husband’s Estate, Citing Financial Elder Abuse
California Senator Dianne Feinstein is suing the trustees of her late husband’s estate, alleging elder financial abuse.
Blackrock
James O’Keefe exposes BlackRock recruiter: ‘war is good for business’
Independent journalist James O’Keefe released a shocking video speaking to an employee from BlackRock Inc., a large and influential investment management and financial services firm, demonstrating the extent of the company’s influence.
app
Almost 10,000 American bank branches shut down since 2019, pushing towards automation
Almost 10,000 bank branches have closed in the United States in the last few years, hastening the country’s shift to computerized, automated banking and less need for bank employees.
China
China ramps up investments in Mexico to have greater influence over U.S. neighbor
Over the last decade, China has excessively raised its foreign investment in Mexico which has prompted experts to express concerns over the financial and political gains that Beijing is receiving.