Toyota overtakes Volkswagen as world’s biggest automaker
Toyota is back on top. The Japanese company has reclaimed its place as the world’s best-selling automaker, with its latest results showing an…
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Steamy period drama ‘Bridgerton’ is Netflix’s ‘biggest series ever’
Netflix has just claimed its biggest hit ever with “Bridgerton,” a drama set in Britain in the early 1800s. Some 82 million households…
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Donald Trump’s final economic report card could be very underwhelming
Economists are grading on a curve. That’s not a good thing if you’re former President Donald Trump. US gross domestic product, the…
Continue Reading Analysis: After building a radicalization engine, Mark Zuckerberg aims to ‘turn down the temperature’
A version of this article first appeared in the “Reliable Sources” newsletter. You can sign up for free right here. Mark Zuckerberg built…
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Elon Musk tweet fuels frenzied GameStop surge
Amateur investors continued a frenzied runup of GameStop for the fourth session in a row, with the stock ending Tuesday up more than 92%, or about…
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How Trumpism explains the GameStop stock surge
At the core of Donald Trump’s angry populist appeal was — and is — this sentiment: The elites think they know better than you. They…
Continue Reading Everything you need to know about how a Reddit group blew up GameStop’s stock
The GameStop frenzy on Wall Street has investors, and much of the internet, enraptured — not unlike a good horror movie. Everyone knows doom is…
Continue Reading Tesla disappoints Wall Street despite strong profits
Tesla capped its breakout year with a record profit that still fell short of analysts forecasts, sending its shares lower in after-hours trading. The…
Continue Reading AMC is today’s GameStop. A Reddit mob sent its stock more than 200% higher
Welcome to the Reddit market. A group on Reddit’s Wall Street Bets board have been promoting a number of stocks, hoping to squeeze short…
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Fed dismisses worries about inflation and pledges to keep rates low
The Federal Reserve left interest rates unchanged Wednesday and assured investors that there are no near-term plans to raise them. Interest rates are…
Continue Reading Fed warns of a slowing recovery, leaves rates unchanged
The Federal Reserve left interest rates unchanged Wednesday and again stressed it would use its “full range of tools” to support the US…
Continue Reading No, Joe Biden didn’t just ban fracking
President Joe Biden is cracking down on the oil-and-gas industry, but he is not taking the extreme steps the Trump campaign claimed he would last…
Continue Reading Ben & Jerry’s co-founders want to make it easier to sue cops who abuse their authority
Ben & Jerry’s two co-founders want to make it easier for Americans to sue police officers who abuse their authority, a move that reform…
Continue Reading Facing back-to-back crises, Boeing posts a record loss
Boeing closed the books on its worst year ever, posting record losses and plunging sales on the backs of combined crises: the Covid-19 pandemic and…
Continue Reading Ben & Jerry’s wants to make it easier to sue cops who abuse their authority
Ben & Jerry’s two co-founders want to make it easier for Americans to sue police officers who abuse their authority, a move that reform…
Continue Reading Jerome Powell and Janet Yellen aren’t worried about inflation. Maybe they should be
Federal Reserve chair Jerome Powell and his predecessor Janet Yellen, now the first woman to serve as Treasury secretary, are both known for their…
Continue Reading EU and AstraZeneca fight over vaccine delays while death toll mounts
A war of words between the European Union and AstraZeneca escalated on Wednesday as the two sides argued in public over coronavirus vaccine delays…
Continue Reading Walgreens taps Starbucks executive Rosalind Brewer to be its CEO
Rosalind Brewer will be the next CEO of Walgreens — making her the only Black woman currently slated to take the helm of a Fortune 500 company.…
Continue Reading Tech earnings could supercharge a greedy stock market
Earnings from some of the biggest US technology companies could push the market to new highs as talk of a stock bubble continues to ripple through…
Continue Reading No, Joe Biden still isn’t banning fracking
President Joe Biden is cracking down on the oil-and-gas industry, but he is not taking the extreme steps the Trump campaign claimed he would last…
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