Stock market sinks as AI and interest rate worries grip investors
What began as a banner day for stocks turned into a major rout, as investors signaled ongoing skepticism about the longevity of the artificial intelligence boom and trimmed hopes of support from the Federal Reserve. The tech-heavy Nasdaq fell 2%,
Bitcoin and other crypto assets sink in flight from risk
Bitcoin and ether slumped to multi-month lows on Friday, with cryptocurrencies swept up in a broader flight from riskier assets as investors worried about lofty tech valuations and bets on near-term U.S. interest rate cuts faded. Bitcoin, the world’s largest cryptocurrency,
“Got Stuck with a Bummer Gift? See What Happens When It Lands at a Warehouse Auction!
Shopping for presents can be a stressful experience and returning them can sometimes be just as overwhelming. For those who receive an item that may not fit their needs or isn't of the right quality, returning an item can be
‘How High are the Stakes?’ Alaska Airlines Flight Inquiry Revealed by NTSB Chair
The investigation into the recent Alaska Airlines flight has been met with high stakes, according to Robert Sumwalt, the chair of the National Transportation Safety Board (NTSB). The plane, operating as Flight 261, crashed in the Pacific Ocean on January
“Is the Stanley Cup Frenzy at Its Peak?
It’s no secret that hockey fans across the world have been eagerly awaiting the NHL Stanley Cup Finals. After a thrilling regular season and an even more exciting playoff run, the Stanley Cup is finally set to start. The hockey
“A Wave of Change: Mandatory Full Minimum Wages for Tip Earners Across America!
As many cities in the US have been taking steps to raise minimum wage this year, more states are now considering requiring full minimum wages be paid to tip earners. These efforts come on the heels of an ongoing conversation
“Lululemon Founder Confronts Company on Diversity and Inclusion
Chip Wilson, the founder and CEO of popular fitness-apparel company Lululemon, recently had some harsh words when it came to his company's stance on diversity and inclusion. Wilson's scathing remarks were made during an interview with the Vancouver-based magazine, Georgia Straight.
“Say Goodbye! TGI Fridays Closing 36 Locations Across the US
TGI Friday's, the famous American restaurant chain, recently announced that it is closing 36 of its underperforming location across the United States. According to the company, the affected locations have been reported to have lower than expected sales and profits. The
“Red Sea Shipping Stops: Maersk Cuts Off Supply After Houthi Strike
In a major development, the world's largest container shipping company, Maersk, has announced that they have temporarily halted shipping in the Red Sea until further notice. This follows a recent attack on one of their container ships by Houthi militants,
Job Openings Nosedive in November — Only 1.4 Jobs for Every Worker!
Job Openings Nudged Lower in November The number of job openings on the market in the United States edged slightly lower in November, according to the latest figures released by the Bureau of Labor Statistics (BLS). The job openings rate