Gig companies are now obsessed with profits—not just revenue growth, says analyst.
For years, gig economy companies grew at a breakneck pace, wracking up losses in hopes the profits would someday pour in.But now, those companies are emphasizing profitability over growth says Michael Morton, senior research analyst for internet…
Stocks and bonds rally as investors bet rates are close to…
Investors piled into stocks and bonds on Thursday as they seized on signs that interest rates are close…
Joe Biden, Bill Clinton mark 3 decades of family leave act
WASHINGTON (AP) — President Joe Biden is playing host to former President Bill Clintonto mark the 30th…
Adani’s market losses top $100 billion as shelved…
NEW DELHI/MUMBAI, Feb 2 (Reuters) - Adani Group's market losses swelled to more than $100 billion and sparking…
The next step in simplifying the sales tax | OPINION
Paul Archer
As is the norm, January is characterized by long nights, gray skies and chilly…
Mixed bag for travel and tourism sectors
A mixed bag for the tourism and aviation industry in the Union Budget 2023, according to industry experts and…
Stocks and bonds rally as investors bet rates are close to peak levels
Investors piled into stocks and bonds on Thursday as they seized on signs that interest rates are close to peaking on both sides of the Atlantic.Stocks on Wall Street shot to their highest level since August, while government…
Adani’s market losses top $100 billion as shelved share sale spooks investors
NEW DELHI/MUMBAI, Feb 2 (Reuters) - Adani Group's market losses swelled to more than $100 billion and sparking worries about their potential systemic impact on Thursday a day after its flagship company abandoned a $2.5 billion stock…
Asia-Pacific markets trade mixed as investors digest Fed’s smaller quarter-point hike
Bitcoin rises about 4%, nears $24,000Bitcoin rose 3.72% in the past 24 hours, prices on Coin Metrics showed, as investors continued to cheer the U.S. Federal Reserve's smaller rate hike of 25 basis points.The cryptocurrency briefly…
Oil fall by 2% after EIA data shows crude oil, fuel inventory builds
Feb 1 (Reuters) - Oil prices fell by 2% on Wednesday after the U.S. government data showed crude oil, gasoline and distillate inventory builds and OPEC and its allies stuck to their output policy.Brent crude futures were down $1.87, or…
Challenge The National Market System
swissmediavision/E+ via Getty Images Introduction To evaluate the National Market System (NMS), I compare the NMS with futures markets, seeking to use the most retail-investor-friendly components of both, thus creating a third…
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Joe Biden, Bill Clinton mark 3 decades of family leave…
WASHINGTON (AP) — President Joe Biden is playing host to former President Bill Clintonto mark the 30th…
The next step in simplifying the sales tax | OPINION
Paul Archer
As is the norm, January is characterized by long nights, gray skies and chilly…
Tornado-relief payments come under scrutiny in Kentucky
FRANKFORT, Ky. (AP) — Some people unaffected by tornadoes that ravaged Kentucky in late 2021 were mistakenly…
Cohen says he handed over phones to Manhattan DA | CNN…
Washington
CNN
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Michael Cohen, former…