The Dow Jones Industrial Average sold off on Thursday after a key inflation read, threatening to extend this week’s already sharp losses. were important profit drivers Acuity Brands (AYI), constellation marks (STZ) and Dow Jones shares Walgreen’s Boots Alliance (WBA). In the meantime, Micron technology (MU) earnings are due after the close of trading. X … Read more
The direct-to-consumer brand has long used a network of online influencers to promote its products. Now, several influencers who say they’ve been ill say the company’s lackluster handling of the crisis is placing new responsibilities on the influencer community, to warn the public. It also highlights the rapid impact that can result when you weigh … Read more
photo: Associated Press Tesla appears to be the leader when it comes to American-made cars, Senator Joe Manchin dashed their hopes of an extra tax credit for electric vehicles made with domestic union labor. and General Motors hits the pause button Lobster EV factory…but it’s a good thing. Plus: My cat is still missing. All … Read more
ATLANTIC CITY, NJ (AP) — For decades, the casino industry accepted the wisdom that eliminating smoking would automatically result in reduced revenue and lost customers. But a new report investigate how the coronavirus pandemic has changed players’ habits, says that may not be the case anymore. The report, issued Friday by Las Vegas-based C3 Gaming, … Read more
ATLANTIC CITY, NJ (AP) — For decades, the casino industry accepted the wisdom that eliminating smoking would automatically result in reduced revenue and lost customers. But a new report investigate how the coronavirus pandemic has changed players’ habits, says that may not be the case anymore. The report, issued Friday by Las Vegas-based C3 Gaming, … Read more
The central theses A new report suggests the wallet believed to be the main culprit behind May’s collapse of Terra could belong to Terraform Labs or the Luna Foundation Guard. The report links the wallet to multiple Binance accounts and wallets allegedly owned by the Luna Foundation Guard and LUNC DAO, a Terra 2.0 validator … Read more
The Dow Jones Industrial Average rose Tuesday morning as the market tipped for a modest recovery after Monday’s stock market crash. More inflation data was released with the Labor Department’s Producer Price Index early Tuesday, while the much-anticipated two-day Federal Reserve meeting is also set to begin. X oracle (ORCL) reported gains after the close … Read more
That would signal to investors that the Federal Reserve could continue to raise interest rates aggressively through the end of the year to keep inflation under control. “The upcoming inflation data will be most important in determining the pace of increases beyond July,” Citi economists said in a note to clients this week. The big … Read more