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Recent US Inflation Report Boosts Tech Stocks, With Semiconductor Shares Rebounding

Recent US Inflation Report Boosts Tech Stocks, With Semiconductor Shares Rebounding

Wall Street rebounded strongly on Friday, led by a 1.63% surge in the Dow Jones, after moderate inflation data boosted hopes for an early Federal Reserve interest rate cut.


G20 Reports Risks That Could Harm Global Economy, But Avoids Mentioning Ukraine and Gaza

G20 finance ministers and central bankers are optimistic about a "soft landing" for the global economy but warn of geopolitical risks, avoiding specific mentions of Ukraine and Gaza in their discussions.

30% of Global EV Owners Consider Switching Back to Gas Cars, Survey Says

A recent McKinsey survey reveals nearly 30% of global EV owners, with 46% in the U.S., are considering switching back to gasoline cars due to dissatisfaction with charging infrastructure and battery performance.

US Inflation Up Slightly in June as Consumer Spending Slows Down Amid Declining Income Growth

U.S. inflation in June ticked up slightly to 2.5% annually, while consumer spending cooled, prompting expectations that the Federal Reserve may cut interest rates in September.


Latest News

Media Mogul Rupert Murdoch, 92, Finds New Love, Gets Engaged to 67-Year-Old Girlfriend
Rupert Murdoch argues that his other children would likely neutralize his media empire's right-leaning views if they get control of the assets when he passes away.
Journalists of Australian Newspapers Begin Strike vs. Nine Network Hours Before Paris Olympics
Hundreds of newspaper journalists of Australian commercial media outlet Nine began its nationwide five-day strike to oppose a pay offer from company management while the media firm is set to broadcast the Paris Olympics.
SpaceX Reveals Cause of Recent Falcon 9 Flight Failure, Looks to Return to Flight by July 27
SpaceX said that it identified and fixed the problem that caused a failure in its Falcon 9 rocket in a launch earlier this month after announcing it has filed a mishap report to the FAA.
uber lyft
Under Prop 22, drivers for Uber and Lyft are not entitled to benefits such as overtime pay and paid sick leave.
Manhattan Gemstone Dealer Charged for Diamond Fraud
Manhattan-based diamond dealer Manashe Sezanayev has been charged for alleged fraudulent practices against fellow jewelry merchants.
Taco Bell
Taco Bell's Bajaversary celebration will kick off on July 29 with a free drink offer to all customers.
Maersk Agrees to Settlement with US Labor Department After Firing Whistleblower
Maersk Line agreed to a settlement offered by the US Labor Department in relation to an alleged retaliatory termination of a container ship seaman who revealed questionable practices and potential safety concerns onboard the company’s vessels.
US-vote-inflation-food-election-politics
The lawsuit argued that the merger would eliminate the existing competition between the supermarket chains and harm shoppers and workers in Colorado.
Doug Gibson, Managing Partner at Invictus Partners
Invictus Partners, an Australian-born, fast-growing global enterprise software advisory firm, is helping blue chip companies, businesses, and government agencies across all continents stand up to what they term the 'software mafia' (global software giants and their network of systems integrators and resellers).
South Africa's Return To Office Gets Middle Finger From Employees Office-Based Work Policies Increase in 2024
The study also found that the massive layoffs within the past year were because not enough employees quit in response to the RTO mandates.
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