Business

Energy cost down, food prices remain stubbornly high

Investors trusted them and lost staggering amounts of money

It’s not the first time that Netflix’s Ted Sarandos is asked about the absence of live sports on the streaming service. His answer remains the same: never say never, but it’s not in the works anytime soon—and probably never. “We’ve...

The gist of most 2023 outlooks is for a year of contracting activity at some point, disinflation and peaking interest rates. The investment upshot is a bias for bonds, a snubbing of the overvalued dollar and a volatile year for...

On Wednesday, Eurostat, the statistical office of the European Union, released an estimate on Euro inflation levels for the month of November. The information it shows seems promising as it predicts that inflation in the Eurozone will reach 10%, a...

In a continent, Europe, where no country has so far reached gender equality, Italy has taken a crucial step forward in the fight against women’s discrimination in the workplace. This is the law 162/2021 and it has given hope to...

Italy is now celebrating “Black Friday”-- but without the turkey. In fact, while  it has nothing to do with Thanksgiving, it is nevertheless a relatively new fad in Italy that has become almost as widespread as the customary day-after-Thanksgiving consumer...

The goal is to reproduce even in New Jersey what is normally done in Italy

Tesla is already on its fourth recall of the month and there’s still a week left in November. On Nov. 19, Elon Musk’s electric car company recalled 321,000 vehicles in the US over tail light issues. The day before it had recalled 30,000...

High-profile celebrities who endorsed the purchase of now-bankrupt FTX cryptocurrencies  find themselves embroiled in a class-action lawsuit that could cost them their their reputations and their money. On Wednesday, Oklahoma man Edwin Garrison filed a class-action lawsuit on behalf of...

  The collapse of crypto currency stock, FTX, has it the investors hard, but none so hard as the Gen Z'ers who seem to love it. And Ken Griffin, founder and CEO of the Citadel hedge fund, says he’s worried the...

Netflix stock (NFLX) is at a 7-month high after three straight sessions of gains, buoyed by bullish investor sentiment surrounding the streaming platform's newly launched ad-supported tier. Shares of the media giant, down roughly 50% since the start of the year,...