By Luc Olinga The cryptocurrency trading platform has been affected by a decline in interest in bitcoin and other tokens. It’s not good to be a crypto investor or a cryptocurrency exchange in 2022. The digital asset industry is going through one of its…
Buffett’s Berkshire Hathaway’s Earnings Jump 20%
By Ellen Chang Warren Buffett’s Berkshire Hathaway limited buybacks to $1.1 billion during the third quarter. Billionaire Warren Bufffett’s Berkshire Hathaway (BRK.A) – Get Berkshire Hathaway Inc. Report reported its operating profit increased by 20% d…
The Unstoppable Fall of Carvana, the “Amazon of Car Dealers”
By Luc Olinga The online used car retailer fell almost 39% in one session on Wall Street, after disastrous quarterly results. Online car dealer Carvana is just a shadow of itself. Gone is the dream of a future where buying a vehicle online would become…
Don’t Let a Turkey Fryer Ruin Your Thanksgiving
By Brian O’Connell The holiday season comes with increased household hazard risks that can lead to injuries and property damage. With Thanksgiving and Christmas on the horizon, families and friends are already making plans to gather and celebrate the h…
Fed Rate Hikes Spawn 5% Yields for Safe Bonds
By Dan Weil Bonds are now attractive for those looking to strengthen the fixed-income portion of their portfolios. While the Federal Reserve’s interest-rate increases have sent stock prices reeling, they have sent bond yields soaring. And that has made…
Amazon Kicked Out of $1 Trillion Club; Alphabet Near the Exit Door
By Luc Olinga The e-commerce giant is weakened by the economic slowdown. 2022 is a year to forget very quickly for Amazon (AMZN) – Get Amazon.com Inc. Report. The e-commerce giant symbolizes the return to earth of the pandemic economy which has enormou…
Elon Musk Gets a Reality Check
By Luc Olinga The billionaire is the new boss of the Twitter he’s trying to revive. Elon Musk seems to be waking up from a bad dream. Tesla’s billionaire CEO is discovering a new reality linked to his acquisition of Twitter (TWTR) – Get Twitter Inc. Re…
Twitter Employees Laid Off Via Email, Slack
By Ellen Chang Twitter laid off employees by sending emails or locking them out of their laptops. Employees were laid off from Twitter (TWTR) – Get Twitter Inc. Report globally starting on Nov. 3 and abruptly learned their individual fates by email or …
Oprah Puts Business Empire at Risk With Bold Political Move
By Jeffrey Quiggle In a virtual conversation with political leaders, the “Queen of all media” surprised some with an intriguing choice. Oprah Winfrey’s meteoric rise to fame and fortune is well documented and celebrated. She was born in Mississippi. Sh…
REITs Attractive After Sliding on Soaring Interest Rates
By Dan Weil The FTSE Nareit index of total returns for REITs has descended 28% year to date. Real estate investment trusts have hit the skids in 2022, with the FTSE Nareit index of total returns for the sector dropping 28% year to date. Soaring interes…