Editor’s Picks
Evidence Mounts Against Bankman-Fried in Criminal Case
In a significant turn of events, close associates and former colleagues of Sam Bankman-Fried, the founder of the now-bankrupt cryptocurrency exchange FTX, have emerged as...
September Jobs Report Ignites Optimism in US Economy
In a surprising turn of events, the September monthly jobs report has surpassed economists’ predictions, underscoring the resilience of the US economy. According to the...
GM Battery Plant Unionization: UAW Triumphs
The United Auto Workers union (UAW) announced on Friday a pivotal decision to halt the expansion of strikes against Detroit’s three major automakers, following a...
Restaurant Employment Reaches Pre-Pandemic Levels
The United States restaurant industry has achieved a significant milestone, rebounding to pre-pandemic employment levels in September, as confirmed by a report released Friday by...
Labor Market: Job Growth in Sectors, Hospitality Slow
The United States labor market has displayed remarkable resilience, with the number of employed individuals surpassing pre-pandemic levels from February 2020. This milestone was officially...
CFPB Aims to Curb Excessive Financial Data Surveillance
In a bid to shield the American public from escalating levels of financial data surveillance, the US Consumer Financial Protection Bureau (CFPB) is actively considering...
MGM Resorts Faces $100M Loss in Cyberattack
Last month, MGM Resorts, a prominent casino conglomerate headquartered in Las Vegas, disclosed a significant data breach, deeming it a cyberattack, according to a regulatory...
Amgen Secures Horizon Therapeutics in $27.8B Acquisition
In a landmark move, biotechnology giant Amgen has finalized its acquisition of Horizon Therapeutics for a staggering $27.8 billion. The deal received the green light...
Brazilian Auto Exports Face Steep Decline in 2023,
Brazilian auto exports are poised to experience a substantial setback in 2023, with a projected double-digit drop compared to the previous year, cautions the automotive...
Bond Market Reacts to Rate Hike Concerns
The bond market experienced a renewed selloff in the wake of a significant surge in US hiring, heightening speculations that the Federal Reserve will opt...
