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The Port of Baltimore was humming along as it handled a record level of cargo in 2023. The collapse of the Key Bridge changed everything.

Maryland Gov. Wes Moore told Business Insider that as long as the Port of Baltimore isn't fully functional, the impact "will be felt a.....»»

Category: topSource: businessinsiderApr 16th, 2024

JPMorgan says the recent cryptocurrency plunge and shift into riskier altcoin bets looks a lot like the 2017 collapse

Josh Younger noted that like the end of the previous crypto bull cycle, investors are beginning to diversify out of bitcoin and ether and into riskier altcoins. Bitcoin replica coins are se.....»»

Category: dealsSource: nytMay 25th, 2021

With AirTags, Apple launches a new product — and invites antitrust scrutiny

Apple's long anticipated AirTags, a small gadget that that will help iPhone users find their lost items, launched Tuesday. But Apple'.....»»

Category: topSource: washpostApr 20th, 2021

The Wall Street Journal: TuSumple IPO filing shows autonomous trucks are still a money-loser

Self-driving company TuSimple Inc. unveiled paperwork for its initial public offering Tuesday showing it has lost more than $300 million over the past three years in the race to be the first to launch fully autonomous long-haul trucks......»»

Category: topSource: marketwatchMar 24th, 2021

Elon Musk made a jab at Facebook, linking the rampage at the Capitol to the social network. It"s the latest insult in a years-long feud between Musk and Mark Zuckerberg.

The billionaire tech CEOs - who helm Tesla and SpaceX, and Facebook, respectively - have been feuding since at least 2016. Susan Walsh/AP; Erin Scott/Reuters There's no love lost between Elon Musk and Mark Zuckerberg.  The .....»»

Category: topSource: businessinsiderJan 10th, 2021

Market Extra: How a weaker dollar could help fuel a commodities boom in 2021

Long-suffering commodity markets may have turned a corner after a pandemic-induced collapse in 2020. What happens next may depend on the fate of the U.S. dollar......»»

Category: topSource: marketwatchDec 17th, 2020

Fed chair warns of long, painful downturn if Congress does not provide more economic relief

Powell said that the United States is in the midst of the 'biggest shock our economy has felt in modern times' and 40 percent of American households earning less than $40,000 had lost jobs in March......»»

Category: topSource: washpostMay 13th, 2020

Fed Chair warns of long, painful downturn if Congress does not provide more economic relief

Powell said that the United States is in the midst of the 'biggest shock our economy has felt in modern times' and 40 percent of American households earning less than $40,000 had lost jobs in March......»»

Category: topSource: washpostMay 13th, 2020

Snyder: It"s Much Worse Than You Are Being Told

Snyder: It's Much Worse Than You Are Being Told Authored by Michael Snyder via The Economic Collapse blog, For a long time I warned that our economic bubble .....»»

Category: blogSource: zerohedgeMay 11th, 2020

Unemployment hits 14.7% in April. How long before 20.5 million lost jobs come back?

Analysts say steep jump in unemployment and layoffs caused by the pandemic will be hard to reverse quickly. Analysts say steep jump in unemployment and layoffs caused by the pandemic will be hard to reverse quickly......»»

Category: topSource: latimesMay 9th, 2020

Unemployment hits record 14.7% in April. How long before 20.5 million lost jobs come back?

Analysts say steep jump in unemployment and layoffs caused by the pandemic will be hard to reverse quickly. Analysts say steep jump in unemployment and layoffs caused by the pandemic will be hard to reverse quickly......»»

Category: topSource: latimesMay 8th, 2020

4 reasons not to freak out about 20.5 million lost jobs

Even with the economy freezing up and layoffs surging, there are hopeful signs for recovery after this sudden collapse in American commerce caused by COVID-19......»»

Category: topSource: moneycentralMay 8th, 2020

4 reasons not to freak out about 20.5 million lost jobs

Even with the economy freezing up and layoffs surging, there are hopeful signs for recovery after this sudden collapse in American commerce caused by COVID-19......»»

Category: topSource: moneycentralMay 8th, 2020

U.S. and Europe spar over next stage of aircraft subsidy dispute

The United States said there was "no valid basis" for the European Union to retaliate against U.S. goods in a long-running subsidy row after Boeing lost state tax breaks, but the EU said it was pressing ahead with its demand for tariffs......»»

Category: topSource: reutersMay 7th, 2020

Payroll collapse: US lost more than 20 million jobs in April

U.S. businesses cut an unprecedented 20.2 million jobs in April, an epic collapse as the coronavirus outbreak closed offices, factories, schools, construc.....»»

Category: topSource: chicagotribuneMay 6th, 2020

Ignore COVID-19 and Take the Long View of Apple Stock

Since disclosing that it would not meet its revenue projections for the quarter ended in March, Apple stock has dropped but didn't collapse and has risen again, but not soared. Yet, the long-term........»»

Category: blogSource: 247wallstApr 22nd, 2020

Oil Producers Will Pay You $54/Barrel To Take South Texas Sour Off Their Hands

Oil Producers Will Pay You $54/Barrel To Take South Texas Sour Off Their Hands All day long we have been told, "ignore the price collapse in the May WTI futures contract," look over here instead at how well stocks have rebounded... Excuses.....»»

Category: blogSource: zerohedgeApr 20th, 2020

Demand for Luckin app surges as Chinese rush to drink up after admission of fraud

Luckin Coffee's app has rocketed to become the second most popular in China as consumers rushed to claim a free drink that it has long offered for downloading, worried the chain might collapse after it said much of its sales last year were fabricated......»»

Category: topSource: reutersApr 7th, 2020

Apple Accidentally Confirms Unreleased Product That Helps Users Find Lost Items

Apple Inc. (NASDAQ: AMZN) long-rumored productaccidentally confirmed called "AirTags"the existence of a long-rumored product called "AirTags" on Thursday. read more.....»»

Category: blogSource: benzingaApr 3rd, 2020

Energy Collapse, Earnings Ennui, & Consumer Credit Cracks

Energy Collapse, Earnings Ennui, & Consumer Credit Cracks Submitted by Peter Garnry, Head of Equity Strategy, Saxo Bank Summary: The energy sector has lost extraordinarily $1.15trn in market value this year as oil prices have plunged to a.....»»

Category: blogSource: zerohedgeMar 30th, 2020