Dec 03, 2023 Last Updated 02:26 AM EST
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Erika Dickinson

SILICON VALLEY ECONOMY BOOMS

News

No Silicon Valley Exodus After All? But 'Carnage' of the Poor is Expected

It appears that record-breaking investment in startups and booming market caps for Big Tech are being witnessed as the region's poor residents massively suffers from the relentless economic effects of the COVID-19 pandemic.
Texas WInter Storm

News

$10,000 Electricity Bills Occured in Texas Over Unprecedented Freezing Winter Storm

Some customer tweets showed just how much they are suffering right now, worried how to pay for the ballooning bills.
Work From Home

News

Remote Work Setups Cause Higher Tax Fees, Experts Show

Majority had no choice but to transform their living room or bedroom into an office when the pandemic hit in 2020. Now, it comes with a price.
Streaming Preferred Activity in 2020

News

Roku Ends 2020 with 58% Jump-- And You're the Reason Why

The company's total revenue rose by a whopping 58% to $649.9 million in the fourth quarter ended Dec. 31.
Tesla Model S

News

You Can Buy Tesla Model 3 at $1000 Cheaper Now

The Model 3 Standard Range Plus is now down to $36,990, while a Model Y Standard Range is now priced at $39,990
Robinhood CEO

News

Robinhood CEO Apologizes Yet Justifies 'Nothing Fishy' Happened in Trading

Wall Street, Silicon Valley, rogue internet chatrooms and Congress collided and on the said hearing and in the end, Robinhood CEO, which is at the middle of the whole drama, apologized.
Filing Taxes Last Day is April 15

News

Report: Why Filing 2020 Tax Return Should be Delayed?

Taxes are due by April 15. At present, lawmakers are considering legislation that would possibly releaste an additional round of direct payments to American households.
Bigelow Aerospace

News

LA Real Estate Mogul Gives you Half a Million, if You Answer this Correctly

The question requires a lot of thinking, but then the money in exchange is not that small either. Find out what Robert Bigelow, a Las Vegas real estate mogul and the founder of Bigelow Aerospace, wants to know.
Facebook blocks sharing of news in Australia

News

Facebook Drags Health Non-Profits and Government Pages into Spat with Australia

Even wildlife-preservation group WWF Australia was dragged to the sudden and sweeping action by Facebook. "Government Pages should not be impacted by today's announcement," a Facebook spokesperson said. "However, we will reverse any Pages that are inadvertently impacted."
Beware of Online Scams

News

New Online Scam Starts When You Answer Surveys on the Internet

Mind Over Money, from the podcasters behind No Really, I'm Fine, is a one of the newest podcast out there focused on the issue of financial wellbeing.
Inflation

News

Interest Rates May See Dramatic Rises, But Not Because of Inflation

Yields move the opposite of price, and the 10-year has risen from about 1.15% the previous week to levels already near the rate when the pandemic was starting to bulldoze the economy.
Female Entrepreneur

Personal Finance

4 Tips for Aspiring Female Entrepreneurs in Time of COVID-19

If you are a woman suddenly confronted with the desire to start a business even at the comfort of your home, do it!
Jeff Bezos

News

Jeff Bezos: Amazon CEO Reclaims World's Richest Man Title From Elon Musk

Jeff Bezos allegedly leapfrogged Tesla CEO Elon Musk and is now on top of the list once more.
Amazon to build $1.5 billion hub

News

Amazon Faces Charges for Disregarding Workers' Safety Amid Pandemic

This appears to be the culmination of all the complaints that the company has faced last year and the investigation started by the attorney's general office.
Bill Gates Speaks On Ebola Crisis

News

Bill Gates Net Worth 2021: Billionare Shuns How Elon Musk, Jeff Bezos Spend their Money on 'Rockets'

Gates bravely revealed that he does not "think rockets are the solution," on Kara Swisher's "Sway" podcast, something few people now would say.
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Latest Stories

Unwanted Goods? Retailers Turn to "Keep-It" Policies to Curb Rising Return Costs

A number of companies are advising customers not to bother returning items for a refund due to the high expense of processing, repackaging, and trying to resell stuff. Rather, they are stating that you may retain it and still receive a refund.

Saudi Fund Urged to Withdraw from Altman-Backed AI Chip Venture in US

On Thursday, the Biden administration has compelled a venture capital firm supported by Saudi Aramco to sell its stake in a Silicon Valley AI chip business that is supported by Sam Altman, the co-founder of OpenAI.

Biden Administration's Push to Reduce China Reliance May Hinder EV Tax Credits

President Joe Biden's aim of having half of all new passenger vehicles sold in the United States run on electricity by 2030 may be hampered by new restrictions that were announced on Friday.

UK Government Intervenes to Investigate Potential Abu Dhabi Takeover of The Telegraph

The culture and media secretary has stepped in to investigate the Daily Telegraph's sale to a business supported by the royal family of Abu Dhabi.

Nvidia's Secret Weapon? Tiny Singapore Packs a Powerful Chip Punch

When the American chip company Nvidia released its impressive third-quarter earnings last week, industry watchers noted that a sizable portion of its income originated from a single little country.

Must Read

Soccer Star Cristiano Ronaldo Faces $1 Billion Lawsuit for Promoting Binance NFTs

Cristiano Ronaldo, a Portuguese soccer player, is being sued in a class-action lawsuit for his part in pushing to millions of his followers cryptocurrency-related "non-fungible tokens," or NFTs, released by the struggling cryptocurrency exchange Binance.

Tesla's Cybertruck: High Price Could Dampen Enthusiasm for Electric Pickup

The starting price for Tesla's long-delayed Cybertruck is $60,990, which is more than 50% more than what CEO Elon Musk had advertised in 2019 and a price that experts predict would appeal to a privileged few.

Oil Markets Brace for Impact as OPEC+ Announces Production Cuts

The OPEC oil cartel, led by Saudi Arabia and allied producers like Russia, took another huge go at supporting lagging crude prices on Thursday, extending some supply restrictions into next year and pulling in up-and-coming oil provider Brazil.

JPMorgan Acquires Significant Stake in Spanish Defense Contractor Indra

JPMorgan purchased a 10.6% stake in Spanish defense systems producer Indra (IDR.MC), according to the stock exchange regulator on Thursday.

GM Boosts Shareholder Returns Amidst Labor Challenges

On Wednesday, General Motors unveiled a major stock buyback program, doubled its dividend, and informed investors that it can withstand additional labor costs from a six-week autoworkers strike.

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