A report by the SEC released Monday that investigated the trading controversy surrounding GameStop earlier this year has challenged the role of “game-like” trading apps.
Author archives: The Epoch Times
Consumer Goods Giant to Raise Prices on More Staples, Blames Increase in Cost on Raw Materials
Procter & Gamble Co. said it would begin to charge more for oral care, beauty, and razors. Earlier this year, Procter & Gamble said it would charge more for toilet paper and diapers.
Billionaire Supermarket Owner Warns: Food Prices Will Go Up ‘Tremendously’
John Catsimatidis, the owner of a New York City supermarket chain, predicted the food prices will increase sharply in the coming months.
Toyota Announces Plans for $1.3 Billion US Battery Plant, Expects to Employ 1,750 Workers
Toyota announced it will invest $3.4 billion in automotive batteries in the United States.
US Retail Sales Reveal Surprise Increase in September Despite Ongoing Supply Shortages
The U.S Census Bureau announced Friday a 0.7 percent increase from August in American retail sales.
Walgreens Responds After Family Says Children Received COVID-19 Vaccine Instead of Flu Shot
Indiana family said their two young children got two full adult doses of the Pfizer COVID-19 vaccine instead of influenza shots.
Unemployment Claims Fall to Lowest Level Since Beginning of COVID-19 Pandemic Last Year
The claims decreased to 293,000 last week, as compared with 329,000 a week earlier, the agency said. The four-week moving average for unemployment claims fell to 334,250-the lowest since March 2020.
American Households’ Heating Bills Are Expected to Spike This Winter: Federal Agency
The average heating cost for a U.S. household is forecasted to see a double-digit increase this winter.
US Consumer Prices Surge Higher Than Expected, Hit 13-Year High
According to the latest Bureau of Labor Statistics (BLS) data, the annual inflation rate climbed to a 13-year high of 5.4 percent in September, coming in higher than the median estimate of 5.3 percent.
JP Morgan CEO Jamie Dimon Calls Bitcoin ‘Worthless,’ Says It Will Be Government Regulated
JP Morgan chairman and CEO Jamie Dimon said that governments will soon regulate cryptocurrencies.