Japan economy avoids recession as quarterly growth data is revised up
Japan’s Economy Beats Expectations, Avoids Recession Japan’s economy surprised economists by expanding at an annualized rate of 0.4% in the final quarter of 2019, according to revised GDP figures. This growth exceeded the initial estimate of a 0.4%…
Insider Wales Sport: Stock futures dip after Dows worst week since October
U.S. Stock Futures Decline Amid Concerns Over Valuations and Potential Pullback U.S. stock futures took a hit on Monday following a lackluster performance by the Dow Jones Industrial Average last week. Dow Jones, S&P 500, and Nasdaq 100…
Welsh Sports Insider: Stocks Surge Following Jobs Report; Salesforce Leads Dow Jones While Nvidia Approaches $1000
The stock market saw a positive turn as the Dow Jones Industrial Average and other major indexes rose following a stronger-than-expected February jobs report for the second consecutive month. Nvidia stock saw a significant boost after Mizuho raised…
Rivian postpones $5B EV plant in Georgia to prioritize R2 launch, saving $2.25B
Rivian Shifts Production of R2 Electric SUV to Illinois Facility Rivian, the electric vehicle manufacturer, has announced plans to begin building its new R2 electric SUV at its Normal, Illinois facility in order to accelerate the vehicle’s launch….
More issues arise at New York Community Bancorp, but big bank trade remains unaffected
The Homestretch Update: Wall Street Sees Volatility as Markets Rally and Pull Back The CNBC Investing Club with Jim Cramer recently released the Homestretch, an afternoon update for the last hour of trading on Wall Street. As the…
Wales Sport Insider: Apple Spent More Than $10 Billion on Apple Car Before Canceling Project
Apple has reportedly spent over $10 billion on its Apple Car project over the last decade, but the project has now been called off. The project, which started in 2014, was aimed at developing a self-driving electric car….
Ransomware gang claims they stole 6TB of Change Healthcare data
The BlackCat/ALPHV ransomware gang has struck again, this time targeting Optum, a subsidiary of UnitedHealth Group, in a cyberattack that has caused a widespread outage on the Change Healthcare platform. This platform is crucial for over 70,000 pharmacies…
Warren Buffett: Stock Markets Casino-Like Nature and Key Financial Life Lesson for Young Investors
Warren Buffett and Charlie Munger, two of the most respected figures in the world of investing, have raised concerns about the current state of the stock market in their recent statements. In Buffett’s annual shareholder letter, he paid…
FTC Sues to Block Kroger-Albertsons Grocery Store Deal
The Federal Trade Commission (F.T.C.) and several state attorneys general are taking action to block Kroger’s proposed $24.6 billion acquisition of Albertsons, the largest supermarket merger in U.S. history. The F.T.C. believes that this merger would lead to…
Ryanair warns of higher summer fares due to plane shortage
Ryanair CEO Michael O’Leary has issued a warning of a potential 10% fare increase this summer, citing delayed delivery of new Boeing planes as the reason. O’Leary announced that only 40-45 out of the 57 Boeing 737 Max…