Economist Nouriel Roubini, who correctly predicted the 2008 financial crisis, believes the US is heading towards a deep recession and said those claiming the downturn will be mild are delusional. Th… [+1213 chars]
When you eat a sugar cone, you generally eat the nuts, chocolate, and ice cream on the top, and then when you get to the cone, youre [only] eating ice cream and cone, Mr. Drazen told Eater. With the … [+900 chars]
Team, I’m sitting down to write this email not far from where I once sat down to write the first few lines of code for Shopify itself. Those lines of code started a company and sent it on a fascina… [+5068 chars]
Shares of United Parcel Service fell Tuesday morning after the company said higher rates offset lower-than-expected delivery volumes in the second quarter. The Atlanta-based company said volumes dec… [+1246 chars]
Prominent U.S. senators are trying to free Americans from tracking taxes every time cryptocurrencies change hands, introducing a bill that would exempt them from reporting any transactions up to $50 … [+2083 chars]
US home prices are already falling and are about to drop even more sharply as demand for new houses "craters", according to an economist at the consultancy Pantheon Macroeconomics. "Single-family ho… [+2867 chars]
Enphase Energy (ENPH) easily beat second-quarter estimates with Tuesday afternoon with earnings more than doubling and the solar power firm guiding higher for the current quarter. ENPH stock jumped … [+4662 chars]
Shopify CEO Tobi Lütke made the announcement in a memo to employees. Shopify is laying off 10 percent of its workforce, a move that affects about 1,000 of its employees, as first reported by The Wal… [+1922 chars]
Gas prices fell in Oregon for the sixth consecutive week, in part because people across the nation are driving less. The Oregon average for a gallon of regular has dropped to $5.15, down 12 cents fr… [+1398 chars]
The International Monetary Fund on Tuesday cut its global growth projections for 2022 and 2023, dubbing the world's economic outlook "gloomy and more uncertain." The IMF now expects the world econom… [+4609 chars]
Shopify stock plunged after the e-commerce firm said it will cut roughly 1,000 workers, or 10% of its global workforce, as its chief executive took responsibility for a faulty growth strategy. Includ… [+4424 chars]
New York (CNN Business)Twitter has set a date for its shareholders to vote to approve its $44 billion acquisition deal by Elon Musk, despite the company's ongoing legal battle with the billionaire Te… [+1458 chars]
