McKinsey & Co. will eliminate up to 2,000 jobs within the next couple of months, reports say. The job cuts follow a trend of layoffs across industries like tech and media. The consulting firm is looking to get rid of…
Small businesses and resellers are using livestream shows to personally connect with customers. Live shopping in the US is expected to become a $25 billion market in 2023. Our guide breaks down the top livestream platforms, how to get started,…
Iran will limit the purchase of euros to 500 a year for air passengers. Previously, Iranians were able to buy up to 5,000 euros per year from authorized sellers. LoadingSomething is loading. Thanks for signing up! Access your favorite topics…
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Jeremy Siegel thinks the odds of Wall Street hitting earnings estimates have greatly improved. That’s because events that increase the likelihood of higher rates also lower the odds of a recession. He added that he thinks Jerome Powell favors a…
The combined market value of Adani Group’s companies fell below $100 billion on Tuesday, per Bloomberg. The 10 listed companies have wiped out over $136 billion in market cap since a short-seller’s bombshell report. Adani is struggling to calm nerves…
US stocks have surged too high and are now in a “death zone”, Morgan Stanley’s Mike Wilson said. “Investors have followed stock prices to dizzying heights once again,” he warned in a recent note. Wilson has predicted the S&P 500…
Beijing is planning to give nearly $6 a month in subsidies to the city’s low-income residents. The subsidy is meant to help defray rising inflation in the capital city. The $6 a month subsidy triggered many Chinese social media users…
At least 14 people were injured Monday in an explosion at a metal factory outside of Cleveland. The blast sent a shower of molten metal debris over the surrounding area. The explosion site is 70 miles from East Palestine, where…
President Joe Biden said he was “honored” to return to Kyiv on his surprise visit Monday. “Kyiv has captured a part of my heart,” Biden said in a tweet Monday morning. “I knew I would be back.” Biden had visited…
