Q2 GDP Growth Falls Short of Expectations, Labor Market Cools
The GDP growth for the second quarter (Q2) of 2023 underwent a downward revision on Wednesday, reflecting a dip in business investment that outweighed positive
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Mark Thompson Takes Helm at CNN Under Warner Bros Discovery
In a strategic move aimed at revitalizing a struggling news network, Warner Bros Discovery has announced the appointment of Mark Thompson, former head of The
Stalled Double Strike in Hollywood Raises Economic Alarms
The ongoing double strike in Hollywood has reached a standstill, as the Writers Guild of America (WGA) rebuffed the studios’ counterproposal, citing a failure to
US Economy – Strong Q2 Growth Amidst Rising Borrowing Costs
The US economy demonstrated its tenacity in the face of escalating borrowing costs for consumers and businesses, expanding at an annual rate of 2.1% from
Dow Jones Rises Despite Lower GDP Expansion
In a display of resilience, the Dow Jones Industrial Average (^DJI) managed to secure a modest gain on Wednesday, brushing off the impact of revised
Nio Dives into Smartphone Market to Enhance Driver Experience
In a strategic move aimed at enhancing the driver experience, prominent Chinese electric-vehicle manufacturer Nio has unveiled plans to introduce its inaugural self-developed mobile phone
Stock Rally Pauses: Wall Street Eyes Jobs and GDP
The upward momentum in Wall Street stocks seems poised to hit a roadblock on Wednesday as market participants hold their breath for fresh insights from
Stocks Surge as Labor Market Shows Signs of Cooling
The stock market experienced a significant surge in stocks on Tuesday, driven by a wave of optimism as freshly released data indicated a slowdown in
Gas Price Surge Causes Decline in Consumer Confidence Index
In a disconcerting turn of events, American consumers faced the double whammy of escalating gas prices and a sluggish reduction in inflation throughout the month
OnStar Upgrade: GM Collaborates with Google AI Tech
In a recent announcement, General Motors (GM) has unveiled a groundbreaking collaboration with tech giant Google, harnessing the power of generative AI technology to revolutionize
