Business - LEVEL5
Why Stocks May Continue to Rise Despite Fading Hopes of Rate Cut
Investors are reconsidering predictions for when the Federal Reserve will reduce interest rates. However, Wall Street strategists think this won't halt the upward trend...
Business - LEVEL5
Morning Brief: The AI Industry Faces a Jamie Dimon Dilemma
In today's Morning Brief takeaway, let's dive into the significance of AI in the business world as expressed by JPMorgan CEO, Jamie Dimon. Commenting...
Business - LEVEL5
Elon Musk realized he created a badge of shame with blue checks on X.
In 2022, Elon Musk proposed to purchase Twitter, eventually taking over the company with a $44 billion leveraged buyout. Under Musk’s leadership, he promised...
Business - LEVEL5
Billionaire crook Joe Lewis, 87, dodges prison for insider trading
Octogenarian British billionaire Joe Lewis, adorned with an eye patch, evaded incarceration following his insider trading conviction, citing potential fatality due to his "fragile"...
Business - LEVEL5
Mark Cuban defends Trump after Dem Rep. Ted Lieu accused him of being too broke to pay $464 million judgment
In the deep recesses of urban life, local merchants, despite battling an increasingly competitive marketplace, continue to foster intimate relationships with their clientele, rendering...
Business - LEVEL5
Grayscale bitcoin ETF saw record daily outflows as bitcoin tumbled
Bitcoin's valuation continued its descent on Tuesday, amidst an unprecedented flight of capital from Grayscale’s Bitcoin Trust, leading to a marked depletion in the...
Business - LEVEL5
Reddit’s IPO as much as five times oversubscribed
Reddit is on the verge of a monumental event: its Initial Public Offering (IPO), with an aspirational valuation of $6.5 billion. This move has...
Business - LEVEL5
Cable TV companies required to give direct pricing totals, FCC rules
In a move to enhance transparency in billing practices, the Federal Communications Commission (FCC) has mandated cable and satellite-TV providers to disclose the total...
