Author: Admin
Amazon has a new name for its free streaming TV service
Smith Collection/Gado | Archive Photos | Getty Images Amazon jumped into the ad-supported video streaming market three years ago with IMDb TV. Later this month, that product will have a new name. On April 27, IMDb TV will become Amazon Freevee, a name the company said better reflects the free nature of the service. The […]
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What big companies are saying about consumer spending and inflation as earning season begins
At what point do consumers say enough is enough when it comes to paying more for goods and services? The question is top of mind for C-suite executives, regardless of industry, as inflation surges to levels not seen in decades. And as earnings season begins, so are the concerns about balancing the rising costs and […]
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Crypto firm Tether to further reduce holdings of commercial debt in stablecoin reserves
PARIS — Crypto firm Tether is planning to reduce its holdings of commercial debt in its reserves, as the issuer of the world’s most-used “stablecoin” continues to face questions about what its digital currency is actually backed by. Last year, Tether revealed that it held some cash but also bought a large amount of commercial […]
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Producer prices rose 11.2% from a year ago in March, the biggest gain on record
The prices that goods and services producers receive rose in March at the fastest pace since records have been kept, the Bureau of Labor Statistics reported Wednesday. The producer price index, which measures the prices paid by wholesalers, increased 11.2% from a year ago, the most in a data series going back to November 2010. […]
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Twitter, Reddit and 8 other companies offering permanent remote or hybrid work—and hiring right now
Working from home continues to be the popular choice among employees, even as companies are trying to woo people back to the office. Recent research from Microsoft, which surveyed 31,102 workers around the world between January and February, found that 52% of people are thinking of switching to a full-time remote or hybrid job this […]
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Covid outbreaks in New York and D.C. infect senior officials as omicron BA.2 variant sweeps the U.S.
A man is given a coronavirus disease (COVID-19) test at pop-up testing site in New York, April 11, 2022. Brendan McDermid | Reuters Covid infections are rising again in the U.S. with outbreaks in New York City and Washington, D.C. resulting in senior government officials coming down with the virus as the more contagious omicron […]
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Winnebago is a buy after selling off to start the year, DA Davidson says
Winnebago Industries started off the year a little rocky, but its shares are due for a comeback, DA Davidson says. Source
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5 things to know before the stock market opens Wednesday
Here are the most important news, trends and analysis that investors need to start their trading day: 1. Stock futures flat after Tuesday’s intraday reversal Traders work on the floor of the New York Stock Exchange (NYSE) on October 25, 2021 in New York City. Spencer Platt | Getty Images U.S. stock futures were essentially […]
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JPMorgan downgrades CarMax, saying ‘sticker shock’ will continue to hurt sales
Skyrocketing vehicle prices have hard-hit consumers and the situation will only get worse in the near term for car retailers like CarMax. Source
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‘Everything changed when Russia invaded’: Finland and Sweden inch closer to seeking NATO membership
The leaders of Finland and Sweden have both said a decision on whether to apply for NATO membership can be expected sooner rather than later. Paul Wennerholm | Afp | Getty Images LONDON — Finland and Sweden could both seek to join NATO in the coming weeks, warning Europe’s security landscape has “completely changed” in […]
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