By Eric Jhonsa Real Money’s Eric Jhonsa live blogs Meta’s earnings report and conference call with management. With Meta Platforms’ stock down more than 60% on the year and fellow digital ad giant Alphabet having missed estimates yesterday, it’s safe t…
Largest EU Country Takes Key Step Towards Legalizing Cannabis
By Tony Owusu Marijuana could become legal in major European market as soon as 2023. Legal use of cannabis in a key European market has just come a little closer. Germany just took the first step in a journey of a million miles to overturn decades of p…
McDonald’s Trolls Its Best Customers (Blame Elton John)
By Daniel Kline The fast-food giant has welcomed a fan favorite back to its menu, but that’s not the whole story. Very few fast-food items achieve iconic status. Aside from McDonald’s (MCD) – Get McDonald’s Corporation Report Big Mac and Restaurant Bra…
Elon Musk Joins Backlash Against Apple
By Luc Olinga The iPhone maker just made a controversial decision that is being heavily criticized on social media. Elon Musk has never been a fan of Apple (AAPL) – Get Apple Inc. Report even though he uses the California giant’s flagship product – his…
Alaska Airlines is Betting Big on the 737 Max
By Veronika Bondarenko Airline plans to fly only one kind of plane in the future. There are many reasons an airline may want to operate a single type of plane — pilot training and route swaps are easier and you can save on not having too many differen…
Elon Musk Suggests He Owns Twitter
By Luc Olinga Tesla CEO has just two days left to complete the social media acquisition. Does Twitter now belong to Elon Musk? The billionaire CEO of Tesla (TSLA) – Get Tesla Inc. Report suggests he became the owner of the microblogging website. Indeed…
GMC Hummer EV Recalled Over Battery Problem
By Rob Lenihan The automaker is issuing recalls for the Hummer and the BrightDrop EV600 due to water leaking into the battery packs. General Motors (GM) – Get General Motors Company Report is issuing recalls for its 2022 Hummer EVs and its BrightDrop E…
Getting Rich Will Get Harder After Baby Boomers
By Jeffrey Quiggle Study shows a widening wealth gap between young and old, but very recent data hold out hope for Millennials and Generation Z. Since 1980, the gap between rich and poor grew, but a new study suggests the real news is the wealth dispar…
GM Stock Shifts Into High Gear. Can It Speed Past Resistance?
By Bret Kenwell Shares of General Motors are racing higher after an earnings beat. Can it drive through resistance? Here’s the level to know now. Shares of General Motors (GM) – Get General Motors Company Report traded higher on Tuesday, up 3.6% after …
What Was the Great Depression? Definition, Causes & Lessons Learned
By TheStreet What Was the Great Depression? When Did It Happen?The longestrecession in American history took place between 1929 and 1939. Known as the Great Depression, this economic crisis was noteworthy in terms of both its length and its severity. T…