Business News
America Faces a Housing Bust
Wall Street Journal - 21 Jun 2022 19:45
All the ingredients seemed to be in place at the start of 2022 for a continued housing boom, but now the market has priced itself for a sharp reversal.
Mondelez to Acquire Clif Bar for $2.9 Billion
Wall Street Journal - 21 Jun 2022 02:05
The deal adds the brands Clif Bar, Luna and Clif Kid to the global snack maker's food business.
SEC Chair Warns of 'Too Good to Be True' Crypto Products -- US Treasury Calls for Urgent Regulation
Bitcoin.com - 21 Jun 2022 02:30
The chairman of the U.S. Securities and Exchange Commission (SEC), Gary Gensler, has warned the public about crypto investments that seem “too good to be true.” Meanwhile, the U.S. Treasury Department says that the r...
Bitcoin's Price Bounces Above $21,000, Reversing Weekend Slide
Wall Street Journal - 21 Jun 2022 22:14
The price of the most widely used cryptocurrency remains down 69% from last November's high.
Comedian Jenny Yang Invites the 'Goop Goddess' to an MSG Feast to Help Redefine Clean Eating
AdWeek - 21 Jun 2022 22:08
Though keeping an eye on nutrition can be beneficial, "clean eating" trends have long been criticized for a tendency to cast food from non-white cultures as being disproportionately unhealthy. Perhaps nowhere has that mi...
President Biden Insists US Recession Is Not Inevitable -- Treasury Secretary Yellen Concurs
Bitcoin.com - 21 Jun 2022 04:30
President Joe Biden and Treasury Secretary Janet Yellen say that a U.S. recession is not inevitable, dismissing the concerns of many economists who have predicted an upcoming recession. In addition, Biden insisted that t...
JetBlue Lifts Offer for Spirit Airlines, Commits to Selling Assets
Wall Street Journal - 21 Jun 2022 02:43
Spirit had postponed a shareholders' vote on merger with Frontier as it weighs competing offer from JetBlue.
Why A Gas Tax Holiday Probably Won't Work
Forbes - 22 Jun 2022 01:13Stock Market Could Crash Another 20% If U.S. Plunges Into Recession--These Industries Are Most At Risk
Forbes - 21 Jun 2022 23:31Actress Yaya DaCosta, who was on NBC's 'Chicago Med,' lists Near West Side condo for $1.3M
Chicago Tribune - 21 Jun 2022 21:12
Actress Yaya DaCosta on Monday placed her three-bedroom, 2,200-square-foot condo on the Near West Side on the market for $1.3 million
Need to Know: Elon Musk joins the growing chorus fearing a U.S. recession. But there are stocks for that.
Market Watch - 21 Jun 2022 17:50
A whole bunch of Wall Street banks and Tesla's Elon Musk are saying a recession is coming.
How the cost of living crisis is hammering UK households - in charts
The Guardian - 21 Jun 2022 15:59
Highest inflation rates since the 1980s and wage stagnation have squeezed household budgets Britain is facing the highest rates of inflation since the early 1980s, with households suffering the biggest hit to their incom...
Polestar Says It Expects to Complete SPAC Merger
Wall Street Journal - 21 Jun 2022 15:35US ban on imports from China's Xinjiang to take effect on Tuesday
BBC - 21 Jun 2022 03:38
Officials believe many Uyghurs have been forced to work at factories in the landlocked territory.
The Human Cost: Purdue graduate slams alternative student loan, suspended by the university: 'It was extremely difficult, before I got my monthly payments down, to be able to pay rent, buy food'
Market Watch - 22 Jun 2022 00:28
Alternative student loans are an attractive option to avoid taking on traditional student loans. But be aware of the risks.
Energy Stocks Jump As Oil Surges Again--Prices Will Remain Elevated Through Summer
Forbes - 22 Jun 2022 00:18: 'People are still spending money. Most people who want a job, have a job': Small-business owners worry about a recession, but many feel confident they will survive one. Here's why
Market Watch - 21 Jun 2022 23:39
Interest rate hikes, persistent inflation, a labor shortage and supply-chain disruptions are all adding to the challenges faced by small businesses.
Tax on your gold and real estate investments
livemint.com - 21 Jun 2022 22:53Linus Torvalds: After 30 years, Linux is not a dead project
Venture Beat - 21 Jun 2022 21:20
At the Open Source Summit event today, Torvalds discussed the state of Linux, open-source security and new technology and the impact of the pandemic on Linux development.
Why startup Cinchy wants to kill data integration
Venture Beat - 21 Jun 2022 17:46
Cinchy claims to provide data management that disconnects data from enterprise apps and reconnects it together in a universal data network.
CloudFeather Games lands $1.25M in seed funds for game dev tools
Venture Beat - 21 Jun 2022 17:30
CloudFeather Games gained $1.25M in seed funding to further develop its game dev tools focused on implementing real money bounties.