Coupang, the Amazon of South Korea, sees its shares pop in mega US IPO
Coupang, South Korea’s biggest e-commerce company, has pulled off the largest US initial public offering so far this year. Shares of the…
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Netflix may crack down on password sharing
If you’re using your sister’s boyfriend’s dad’s Netflix account — listen up. The streaming giant is testing a new feature…
Continue ReadingThe Weeknd is boycotting future Grammys
The Weeknd is officially boycotting the Grammys, the singer told The New York Times. The pop star said he will no longer submit songs for the music…
Continue ReadingSherrod Brown: ‘Of course’ we should roll back Trump’s tax cuts, even if CEOs whine
Democratic Senator Sherrod Brown is strongly in favor of rolling back the Trump tax cuts for corporations — despite warnings from the business…
Continue ReadingThe Dow and S&P 500 soar to record highs as tech stocks rally again
Wall Street was on a tear again Thursday, with tech stocks surging and both the Dow and the S&P 500 notching fresh record highs. The Dow finished…
Continue ReadingSuspense builds on Wall Street over expiring Covid relief for big banks
With the economy crashing and markets in chaos last spring, the Federal Reserve handed out get out of jail free cards to America’s big banks.…
Continue ReadingPatio chairs at center of Oprah’s Meghan and Harry interview — made by a ‘Brady Bunch’ actor — sell out online
An unlikely TV character’s name is at the center of Oprah’s sit-down interview with Meghan, Duchess of Sussex, and Prince Harry:…
Continue ReadingHow to invest in America’s nearly $2 trillion shot in the arm
President Joe Biden signed the $1.9 trillion stimulus package Congress passed this week into law Thursday. That’s welcome news for Americans in…
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Tech stocks surge again as market takes aim at record highs
Wall Street is on a tear again Thursday, with tech stocks surging and both the Dow and the S&P 500 on track for new record highs. The tech-heavy…
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Senior members of military call out Tucker Carlson for mocking women serving in armed forces: His words ‘don’t reflect our values’
Senior members of the US military took to Twitter late Wednesday and Thursday to call out Fox News host Tucker Carlson for a sexist segment in which…
Continue ReadingKids interrupting your DIY home improvements? Ace Hardware will help get you a sitter
Ace Hardware wants you to stop blaming your kids for not giving you time to paint over the ugly mustard yellow bathroom walls. So the hardware and…
Continue ReadingIncoming Teen Vogue editor Alexi McCammond apologizes again for anti-Asian tweets
Teen Vogue’s newly appointed editor in chief isn’t slated to start until March 24, but she has already issued two apologies this week and…
Continue ReadingECB will buy bonds at a faster pace to keep the recovery on track
The European Central Bank plans to pick up the pace of its bond buying in the coming months to bolster the region’s lackluster recovery from…
Continue ReadingCVS expands Covid-19 vaccine to 12 more states
CVS has added 12 new states to its Covid-19 vaccine rollout as more supply becomes available. In the last week, CVS has started administering the…
Continue ReadingThe Ikea catalog is now a podcast
Everyone has a podcast — even Ikea. The Swedish retailer has transformed its annual bible-sized catalog into an audio version as a “handy and…
Continue ReadingThe spotlight is on 3 people at a delicate moment for markets
Investors are starting to push away anxiety about a spike in prices later this year. But continued calm may hinge on what three people have to say in…
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These 5 charts show the pandemic’s brutal impact on American workers
A year ago, the Covid-19 pandemic prompted a swift, sweeping lockdown on the United States. It left more than half a million Americans dead and…
Continue ReadingCoupang, the Amazon of South Korea, raises $4.6 billion in US IPO
Coupang, South Korea’s biggest e-commerce company, has pulled off the largest US initial public offering so far this year. The SoftBank-backed…
Continue ReadingWarren Buffett is now worth $100 billion
Warren Buffett has just joined the world’s most exclusive club of the mega rich. The legendary American investor was worth $100 billion on…
Continue ReadingKroger will close 3 grocery stores following Los Angeles hazard pay mandate
Kroger announced it will close three Los Angeles grocery stores in May amid concerns about the city’s new hazard pay mandate, which requires…
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