Chinese recovery from the pandemic is slowing down, prompting the global economies to question how durable their comebacks will be. Still People’s Ban…
Author archives: Cristian Bustos
U.S. Job Vacancies Hit a Record 9.2 Million, Yet Americans Not Filling Them
The Labor Department’s Vacancy and Job Rotation Survey showed that Job offers in the U.S. posted their biggest increase in 10 months to a new re…
Elon Musk Blasts Bitcoin and Ethereum Over Scalability Issues
Elon Musk took to Twitter to slam bitcoin and ethereum over their high transaction rates and fees, while underlining the “merit” of using dogecoin as…
Biden to Sign Order Against Big Tech, Blowing Competition Wide Open
U.S. President Joe Biden has announced the signing of an executive order targeting the monopoly practices of Amazon (NASDAQ:AMZN), Apple (NASDAQ:AAPL)…
Top 10 Popular Stocks That Hedge Funds Are Buying
As the U.S. gradually recovers from COVID-19, a flock of investors are singling the hottest stocks to buy and weighing on when is the right time to se…
37 U.S. Attorneys Lodge Antitrust Suit Against Google Over App Store
New York State Attorney General Letitia James announced a bipartisan offensive by 37 district and attorney generals against Google – Alphabet Inc (NAS…
COVID-19 Has Destroyed 22 Million Jobs in OECD Countries
Around 22 million people in advanced countries have lost their jobs in 2020 due to the pandemic’s impact, according to the report “Employment Outlook…
The Fed, Closer to Tapering Asset Purchase Ahead of Schedule
The rebound in inflation and the steady economic upturn in the U.S. are leading investors to speculate on an early withdrawal of stimulus. Since tight…
Robinhood Fined a Record $70 Million Over “Serious” Violations
U.S. financial regulation authority (FINRA) has fined trading platform Robinhood an unprecedented $70 million for damages caused to millions of custom…
Ford to Halt Production at U.S. Plants Over Chip Shortage
Ford Motor Company (NYSE:F) announced the closure of several plants in the U.S. for a few weeks in July and August, due to the global semiconductor sh…