BRIC
Trump Threatens 100% Tariff on the BRIC Bloc of Nations if They Act to Undermine U.S. Dollar
President-elect Donald Trump on Saturday threatened 100% tariffs against a bloc of nine nations if they act to undermine the U.S. dollar. […]
Business
Business
Amazon Earned More Than $1 Billion Through Secret Price-Raising Algorithm: FTC
TheEpochTimes.com: The e-commerce giant allegedly deployed a secret algorithm, internally known as “Project Nessie,” that raised the prices on its online store. Amazon created a secret algorithm that helped the e-commerce giant generate an extra […]
Big Tech
‘Monumental’ Antitrust Case Between Google, Justice Department Begins In Washington, DC
FoxBusiness.com: Justice Department filed civil antitrust lawsuit against Google in October 2020. An antitrust challenge against Google that the Justice Department is describing as a “monumental case” is kicking off Tuesday in Washington, D.C. The Justice Department […]
Business
Former Home Depot CEO Says US Businesses Have ‘More Uncertainty Now’ In More Than 50 Years
FoxBusiness.com: With economic pressure at the forefront of voters’ minds, one American business leader warned President Biden about being “overconfident” on U.S. fiscal health. “I’ve been at this for 52 years, and I think that […]
Business
11 Predictions For 2023—From Yahoo Finance Readers
YahooFinance.com: How good is your intuition? We’ll know in 12 months or so, when we assess the accuracy of predictions that more than 6,000 Yahoo Finance readers made for 2023. We asked for those forecasts […]
Business
BofA Predicts Tesla EV Market Share In US Will Collapse From 69% To Just 19% By 2024
ZeroHedge.com: One of the big investment banks is offering a “reality check” about Tesla’s market share that one might not expect from a firm likely trying to win investment banking business from the company. That’s […]
Business
Microsoft’s Massive Deal to Acquire Activision Sparks Rally in EA, Ubisoft, and Other Gaming Stocks
BusinessInsider.com: Microsoft has agreed to acquire Activision Blizzard in a reported all-cash deal worth $69 billion. Following the news, video-game stocks EA, Ubisoft, and Take-Two all rallied in Tuesday trading. Broadly, the video game sector […]
Business
Microsoft to Buy Activision in $68.7 Billion All-Cash Deal
CNBC.com: Microsoft will buy video game giant Activision Blizzard in a $68.7 billion all-cash deal. Activision makes popular game franchises such as Call of Duty. Activision has been mired in controversy in recent months due […]
Business
Wall Street Dealmaking Tops $5.8 Trillion In Record Year As Fed Floods World With Money
ZeroHedge.com: Ask any junior banker, and they will likely tell you that staffing levels are criminally low considering the intensity of deal flow over the past year. So it shouldn’t come as a surprise that […]