Life

Citigroup CEO Shares How Inflation Affects Consumer Behavior; Jane Fraser Says Low-Income Americans Now More Cautious With Spending

Citigroup CEO Jane Fraser said she's seeing a "K-shaped consumer" as the U.S. inflation continues. Here's what she meant by that.


Hong Kong Investors Win $2.5 Million Case Against Company That Promised to Repurchase Luxury Watches

WatchFund, led by Dominic Khoo, has been ordered by a Hong Kong court to repurchase luxury watches worth $2.5 million following breaches of contract with five investors...

Chinese Scammer Jailed After Earning $415,000 From Faking Live-Stream Views and Traffic Using 4,600 Phones

A man in China ran a modus operandi using 4,600 phones to fake live-stream viewer counts, earning $415,000 in less than four months...

Biden Administration's Pending Marijuana Reclassification Could Lead to Huge Tax Cut for Cannabis Companies

Led by the US Drug Enforcement Administration (DEA), this proposed change acknowledges cannabis's medical benefits and lower abuse potential than other controlled substances...


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