Social media stocks slip amid Musk, Snap news
Shares of social media companies tumbled Friday after a slew of news in the sector that concerned investors, including a…
October 21, 2022
Verizon Profit Drops 23% As Pricier Plans Result In Subscriber Loss
By Eva Mathews (Reuters) – Verizon Communications Inc posted a 23% slide in third-quarter profit and missed market estimates for…
German parliament clears way for huge energy relief package
BERLIN (AP) — The German parliament on Friday cleared the way for the government to provide up to 200 billion…
New UK leader to face highest government debt in 60 years
LONDON (AP) — British government debt rose to the highest level in almost 60 years last month and retail sales…
Oil Steadies As Rate Hike Talk Offsets China Demand Hopes
By Alex Lawler LONDON (Reuters) -Oil steadied on Friday as investors weighed the impact of sharp interest rate rises on…
Report: TikTok bad at culling US election misinformation ads
TikTok’s algorithms are very good at finding videos to keep people glued to their phone screens for hours on end….
Yuan Falls To Lowest Since 2008 Global Crisis, Despite State Bank Support
SHANGHAI (Reuters) – China’s yuan fell on Friday to its weakest level against the dollar since the global financial crisis…
Oil Falls As Rate Hike Talk Offsets Fading China Demand Hopes
By Alex Lawler LONDON (Reuters) -Oil slipped on Friday and was heading for a second weekly decline as investors weighed…
Deutsche Bank Investment Bank Job Cuts To Include Staff In Britain – Source
FRANKFURT (Reuters) – The dozens of staff to be cut at Deutsche Bank’s investment bank include staff based in Britain,…
Stocks end higher on Wall Street, notching weekly gains
Wall Street capped a volatile run for stocks with a broad rally Friday, contributing to sizable weekly gains for major…