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Business, Personal Finance

“Gen Z embraces side hustles because ‘loyalty is dead’”

“…A growing number of young workers like Fischer are taking on side hustles to make extra cash, develop their skills, build their relationships and release creative energy by selling online tutorials, products and services and influencing on social media. Gen… Continue Reading…

Economy

“68% of Americans feel stressed about cost when planning a date—here’s who they think should pay”

“…Nearly everyone, regardless of gender, who’s dating is stressed about the associated costs. Roughly 69% of U.S. adults admitted to feeling uncomfortable on a date because of how much it will cost, and 68% say they stress about money when… Continue Reading…

Stocks

“Dow closes 300 points lower Friday, but notches best week since December…”

“UPDATED FRI, MAR 22 2024 4:34 PM EDT… All three major averages notched healthy gains this week, with the S&P 500 rising about 2.3%. The Dow was up just shy of 2% for its best week since December. The Nasdaq is the outperformer… Continue Reading…

Stocks

“2 Stocks Down 73% and 83% to Buy Right Now” [Article Claims]

“…SoFi stock: Down 26% this year and 73% from its high… SoFi’s revenue increased 35% year over year to $615 million in the fourth quarter, and adjusted earnings before interest, taxes, depreciation, and amortization (EBITDA) increased 159% to $181 million.… Continue Reading…

Stocks

“Shares of Micron pop 14% on earnings beat driven by AI boom”

“… Here’s how the company did: Micron said revenue rose to $5.82 billion from $3.69 billion in the year ago quarter. The company reported a net income of $793 million, up from a net loss of $2.3 billion in the… Continue Reading…

Stocks

“Amazon gets boost from 72% [increase] in AI company Astera Labs’ IPO”

“…Shares of Astera Labs, which sells data center connectivity chips to cloud and AI infrastructure companies, soared 72% in their Nasdaq debut, closing at $62.03. That gives Astera a market cap of close to $9.5 billion…” https://www.cnbc.com/2024/03/20/amazon-gets-boost-from-72percent-pop-in-ai-company-astera-labs-ipo.html The AI sector is… Continue Reading…

Banking, Economy

“Turkey’s central bank raises interest rate to 50% despite previous hints of end to hike cycle”

“Turkey’s central bank on Thursday raised its key interest rate, the one-week repurchase rate, from 45% to 50%, citing the continuing need to counter climbing inflation in the country… Turkish annual consumer price inflation soared to 67% in February, fueling concerns that… Continue Reading…

Business, Economy

“…Arizona, an $8.5 billion CHIPS grant spells ‘jobs’ more than geopolitics”

“CHANDLER, Ariz. — In the booming Phoenix metro area, Washington policymakers’ rare bipartisan push to bolster national security in their high-tech arms race with China brings major enthusiasm for something more basic: jobs. A fresh influx of $8.5 billion in CHIPS… Continue Reading…

Business

“Airline CEOs Seek Meeting With Boeing Directors to Address Production Problems”

“Boeing’s BA -0.05%decrease; red down pointing triangle biggest U.S. customers are taking their frustrations directly to its board of directors. A group of airline chiefs recently requested a meeting with Boeing’s board to express concern over the Alaska Airlines accident and production problems… Continue Reading…

Stocks

“Reddit prices IPO at $34 per share in first major social media offering since 2019”

“Reddit, the 19-year-old website that hosts millions of online forums, priced its IPO on Wednesday at $34 a share, the top of the expected range. The offering brought in $519 million, according to a press release, and values the company at… Continue Reading…