New data indicates that the housing market is seeing its most severe drop in almost two decades as home sales hit their lowest level in seven years. Existing Home Sales data showed a drop of 5.9% f… [+3110 chars]
Some market gurus are starting to worry the summer rally on Wall Street may be starting to fizzle, after stocks quickly lurched from oversold to overbought. Gene Goldman, chief investment officer of … [+5871 chars]
WASHINGTON, Aug 19 (Reuters) - Transportation Secretary Pete Buttigieg has urged the 10 largest U.S. airlines to do more to help stranded and delayed passengers, calling the level of disruption trave… [+3595 chars]
COVID-19 lockdowns in China threw a wrench into global supply chains earlier this year, causing shipping and production delays worldwide, and hindering economic growth.Now, the country is facing anot… [+6305 chars]
Meta CEO Mark Zuckerberg has changed and updated his new 'metaverse' avatar after the original version took heat from the internet over its poor graphics. The reaction was spurred by the premiere o… [+6604 chars]
New York City rent is notoriously unreasonable, and this year it hit an all-time high. In June, citywide median asking rent reached $3,500, a 35% increase from last year, according to a report by Str… [+3995 chars]
Meta CEO Mark Zuckerberg unveiled a new, boyish metaverse avatar on Friday after a creepy, dead-eyed version he posted Monday was roundly mocked. Zuckerberg also on Friday promised a major graphics … [+1648 chars]
More than $600 million was liquidated from crypto markets on Friday as Bitcoin BTC/USD, Ethereum ETH/USD and Dogecoin DOGE/USD shed over 10% of their value in a single day. What Happened: Around 132… [+1087 chars]
Of all the pandemic-inspired business adoptions, perhaps none is as reviled as the QR-code menus. And yet, it persists. Early in the pandemic, restaurants ditched physical menus and instead revived… [+5364 chars]
In most cases, an industry without enough workers to meet customer demand would simply hire more, or at least raise wages to attract them. Yet, according to the Bureau of Labor Statistics, neither o… [+1773 chars]