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Business News

Location American Business News for 31 March 2024
Steven Mnuchin wants to buy TikTok without the one thing that makes it so valuable: the algorithm Steven Mnuchin has floated the idea to some investors of buying TikTok without the code that made the app so successful, WaPo reported
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Retail traders are piling into riskier, high-leverage bets as stocks break records Individual investors are leaning into triple-leveraged ETFs more aggressively in recent weeks, as indexes smash records and meme stocks make a comeback.
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The effects of the fatal bridge collapse in Baltimore will be felt for months The crash was a tragic accident. It's also what happens when 95,000 tons of modern cargo ship meets America's aging infrastructure.
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Alexandra Plakias, author of "Awkwardness: A Theory," says that people who are powerful enough don't need to worry about being charismatic.
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If you want a preview of China's economic collapse, just look at Japan China is facing the same kind of economic collapse that hit Japan in the 1990s. But it might get even uglier.
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Families Worth up to $100 Million Prefer Algorithmic Cryptocurrencies to Tokens -- Study Families with a net worth of up to $100 million exhibit a strong preference for algorithmic cryptocurrencies over tokens (4.32% versus 0.92%), a new study has found. The study cites statistics indicating that ownership c...
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How High-Yield CDs Turn Into 0.05% CDs While You're Not Looking

Wall Street Journal - 31 Mar 2024 03:00
Customers have sought out certificates of deposits for higher rates, but sometimes banks roll maturing CDs into new ones with lower rates.
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Robert Kiyosaki Urges Ditching US Dollar for Bitcoin -- Warns Boomers' Retirements Going Broke as Paper Assets Crash Rich Dad Poor Dad author Robert Kiyosaki has urged investors to ditch the U.S. dollar and buy bitcoin alongside gold and silver. He warned that “baby boomers’ retirements are going broke as paper assets crash.” The...
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Early look at key data: Strong job growth expected in March The most critical question facing the U.S. economy this week is how many jobs were created in March.
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Here's how Wall Street analysts' favorite stock picks performed over the past 5 years The results of a performance comparison of highly rated stocks and ones selected through analytics might surprise you.
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James Carville says RFK Jr. will harm Trump more than Biden, but he 'worries' about Cornel West and Jill Stein Robert F. Kennedy Jr. is averaging 12.3% support in national polling in a three-way race with Biden and Trump, according to RealClearPolling.
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This California lawmaker wants to help you ignore your boss when they call you after hours A Democratic lawmaker in California has drafted a bill that would codify a worker's right to ignore their bosses after work hours.
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'Godzilla x Kong' Tops Expectations With Year's No. 2 Opening Weekend The monster adventure's debut hauls in $80 million in ticket sales at the box office.
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James Carville says Biden's poll numbers have gotten 'a little bit better' but that the president won't 'replicate' 2020 Biden's 2020 win was fueled by robust support among young voters; Black, Asian, and Latino voters; suburban swing voters; and college-educated voters.
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Developers won't see a transformation like this again in their careers. Instead of raging against the AI machine, they should ride the wave.
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Lower Manhattan office space 'tours' on the rise despite Downtown's struggling properties The Downtown office market is in even worse shape than widely reported data indicate, according to several major dealmakers. One of them, an industry legend not given to doom-and-gloom scenarios, told us that huge amount...
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It's ethnic discrimination to force NYC pizzerias, matzah-makers to comply with 'green' edict: new bill "A cop just got killed. People are getting thrown in front of subway trains. We have people dying from overdoses and a migrant crisis we didn't ask for," said state Assemblyman Sam Pirozzolo (R-SI). "But we're going afte...
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Grayscale Study Pinpoints Bitcoin in Mid-Phase Bull Run, Eyes Future Growth Amidst a vibrant resurgence in bitcoin’s value, a comprehensive analysis by Grayscale and researcher Michael Zhao sheds light on the anatomy of the current bitcoin market cycle. The study explores whether we are entren...
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FOMO may be one of the things driving the super rich to invest tens of billions in AI Wealthy investors are jumping on the AI train in part because they simply don't want to miss out on the next big thing.
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Film industry had a muted Jan-March, as star vehicles play truant By contrast, in January-March of 2023, Shah Rukh Khan's Pathaan was a blockbuster success, becoming the first Hindi language film to cross the ₹500-crore mark at the domestic box office.Two Tamil films - Vijay's Varisu...
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Top Republicans are banking that many wavering GOP voters will eventually side with Trump this fall. But he may have an exurban problem on his hands.
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Calif. $20 wage increases for fast food workers to begin Monday -- here's how it will impact stores Democrats in the state Legislature passed the law last year in part as an acknowledgement that many of the more than 500,000 people who work in fast food restaurants are not teenagers earning some spending money, but adu...
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