June was a tough month, triggering market volatility and concern among investors. Inflation scored a 5.4% jump YoY – the highest since 2008 R…
Author archives: Cristian Bustos
Dogecoin Founder Blasts Crypto, Coinbase CEO Hits Back
Controversy is served between Dogecoin founder Jackson Palmer and Coinbase Global Inc (NASDAQ:COIN) CEO Brian Armstrong. While the former said last we…
Zoom Buys Cloud Company Five9 For $14.7 Billion
Zoom Video Communications Inc (NASDAQ:ZM) has announced a $14.7 billion deal to buy cloud call center service provider Five9 Inc (NASDAQ:FIVN) in an a…
Jeff Bezos’ Space Trip Will Cost $2.54 Million Per Minute
With a total of $28 million for the only available seat, and 11 minutes outside planet earth, Blue Origin’s trip with Jeff Bezos onboard will cost $2….
FAA Warning: Boeing 737 Switches Could Pose Safety Risk
The Federal Aviation Administration of the U.S. warned airlines on Thursday over a pair of cabin air pressure switches on Boeing (NYSE:BA)’s 737 plane…
China’s Bitcoin Mining Plunges: Is Its Crypto Industry Dead?
According to a recent study by the Cambridge Centre for Alternative Finance, China’s bitcoin mining power plunged 75.65% between September 2019 and Ap…
Unemployment Benefit Claims Hit New Pandemic Low
According to the Labor Department on Thursday, initial unemployment benefit claims decreased to their lowest last week, ever since the pandemic starte…
Mastercard Banned From Issuing New Cards in India
The Reserve Bank of India (RBI) has banned Mastercard Inc (NYSE:MA) to issue new debit, credit, and prepaid cards to customers, over allegations of br…
China Recovery Losing Momentum in Second Quarter
Between January and March 2021, China grew 18.3%, while the market was anticipating an 8% expansion between April and June. However, according to the…
J&J Recalls Sunscreens After Finding Carcinogen in Samples
Johnson & Johnson (NYSE:JNJ) has announced the recall of five of the Neutrogena and Aveeno spray sunscreens after finding low traces of benzene in…