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Economy of the United States
Don’t Buy a Car on Black Friday
Photo: Axelle/Bauer-Griffin (Getty Images)In a recent interview, billionaire Amazon founder Jeff Bezos cautioned Americans against making large purchases during the usual Black Friday shopping bonanza that happens after Thanksgiving.!-->!-->!-->!-->!-->…
Google Investor Thinks Google Should Be More Like Twitter
Photo: ORSTEN SILZ/DDP/AFP (Getty Images)Google’s parent company, Alphabet Inc, was told it needed to make aggressive cost-cutting moves after receiving a letter from activist hedge fund TCI Fund Management.The London-based hedge fund,!-->!-->!-->!-->!-->…
Jeff Bezos Tweets About Eating McDonalds
Jeff Bezos can eat a McDonald’s hamburger with nostalgia, though the rest of us have a hard time stomaching him.Photo: Matt Winkelmeyer (Getty Images)Amazon CEO Jeff Bezos is the McDonald’s hamburger of humanity—an obscenely dry, flat!-->!-->!-->!-->!-->…
Robinhood Crypto Fined $30 Million by New York Regulator
Photo: Oliver Douliery (Getty Images)Robinhood, the self-proclaimed ‘Democratized Finance’ app accused of misleading and ripping off retail investors will have to cough up another $30 million to appease regulators. That raises the!-->!-->!-->!-->!-->…
Apple Is Reportedly Giving Retail Workers a Raise to Keep Them
Photo: Mario Tama (Getty Images)In the era of the Great Resignation and a tighter labor market, it’s common sense to have companies review and increase the benefits they offer their workers, especially when that company is the most!-->!-->!-->!-->!-->…
Pinterest Is Being Sued by Woman Who Says She Co-Created Site
Photo: Roger Kisby (Getty Images)Christine Martinez, a designer who says she helped Pinterest founders conceive the concept for the site, is suing two of the platform’s three male cofounders for neither crediting nor compensating her for!-->!-->!-->!-->!-->…
Enough with the GDP — it’s time to measure genuine progress
GDP growth is up. Time to celebrate! Then GDP growth is down again. Time to panic?These gyrations aren’t uncommon, and we have just been through one. A few weeks ago, President BidenJoe BidenPoll: Voters split on whether they believe…
Elizabeth Holmes Will Accuse Ex Sunny Balwani of Abuse in Trial
Photo: Justin Sullivan (Getty Images)Elizabeth Holmes, founder of the failed blood testing startup Theranos, will reportedly accuse her ex-boyfriend and business partner of abuse during her upcoming criminal trial.According to unsealed!-->!-->!-->!-->!-->…