Sarah Wynn-Williams, a former Facebook director, has released a new book titled “Careless People: A Cautionary Tale of Power, Greed, and Lost Idealism,” which sharply criticizes Facebook leadership, […]
S&P 500 Enters Correction Territory Amid Trade War Tensions
The S&P 500 entered correction territory on Thursday due to the volatility caused by ongoing trade wars initiated by the US administration. The index closed more than 10% […]
Intel’s New CEO Sparks Optimism on Wall Street
Intel’s (INTC) shares surged nearly 15% after appointing Lip-Bu Tan as its new CEO, signaling potential for a turnaround. Despite this rise, Intel’s stock has lost nearly half […]
USPS Plans to Cut 10,000 Jobs Through Voluntary Early Retirement
Postmaster General Louis DeJoy informed Congress that the U.S. Postal Service (USPS) intends to cut 10,000 jobs via a voluntary early retirement program over the next 30 days […]
Meta Successfully Restricts Ex-Employee’s Memoir Sales
An arbitrator has ruled in favor of Meta, preventing former employee Sarah Wynn-Williams from further promoting her memoir that criticizes the company. Meta sought this legal action to […]
Stocks Decline Sharply Amid Escalating Trade War
Investor sentiment has soured significantly as the trade war intensifies, leading to a sharp decline in stocks. The Dow experienced a notable slide, and the S&P 500 closed […]
Average US rate on a 30-year mortgage edges higher, ending a seven-week slide
The average rate on a 30-year mortgage in the U.S. increased slightly this week, bringing an end to a seven-week decline that had helped reduce borrowing costs for […]
Ulta Beauty Forecasts Challenging 2025 Amid Slowing Beauty Industry
Ulta Beauty has projected a challenging 2025, indicating a slowdown even in the typically resilient beauty sector. Despite beating analyst forecasts for the holiday quarter, Ulta issued weaker-than-expected […]
Meta Secures Emergency Ruling to Halt Promotion of Tell-All Memoir
Meta has successfully obtained an emergency ruling at an arbitration hearing in Los Angeles to temporarily stop the promotion of a controversial memoir, “Careless People,” penned by its […]
FBI Warns Against Smishing Scams Impersonating Road Toll Agencies
The FBI has issued a warning to Americans about a smishing scam involving road toll collection texts. Over 2,000 complaints have been received this month regarding these fraudulent […]