JPMorgan Says Netflix Has Entered the Bear Market
Business

JPMorgan Says Netflix Has Entered the Bear Market

The streaming service is facing increased competition in the on-demand video space and is likely to face major headwinds.
Lumber Prices Have Fallen 22% as Mortgage Rates Increase
Money

Lumber Prices Have Fallen 22% as Mortgage Rates Increase

The plunge has largely been caused by slowing demand in the housing market as high mortgage rates put a cloud of doubt on future financing.
What to Take from President Biden's First State of the Union Address
Politics

What to Take from President Biden's First State of the Union Address

Biden reiterated the US support for Ukraine and their effort to fight the Russian invasion, arguing that the world is united against the war.
The Latest Crypto Market Crash Could Kill 80% of Defi Apps
Money

The Latest Crypto Market Crash Could Kill 80% of Defi Apps

Although the market has experienced crashes in the past, this time around it seems that it may take longer for a rebound than expected.
Inflation in 2021 Was Highest in 40 Years
Money

Inflation in 2021 Was Highest in 40 Years

Inflation in the United States soared by 7% in 2021, while core inflation, which does not include volatile goods like food and gas, jumped by 5.5% compared to 2020.
The US Economy Grows 3.2% in First Quarter, Exceeding Expectations
Business

The US Economy Grows 3.2% in First Quarter, Exceeding Expectations

It is also the best growth rate posted in the first quarter over the last four years.

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