Facebook made a major change after years of PR disasters, and news sites are paying the price
Meta has been de-emphasizing news across Facebook’s feed, upending many publishers that had come to rely on referral traffic.
U.S. oil giant Exxon Mobil sues activist investors to prevent climate proposals
It is thought a court victory for Exxon Mobil could have a chilling impact on future shareholder petitions.
Treasury yields retreat ahead of key economic data
U.S. Treasury yields pulled back on Monday as investors geared up for another big week of economic data.
Two important events this week could determine the future of Fed rate policy
Markets have become less convinced that the Federal Reserve is ready to press the button on interest rate cuts.
‘A total failure to launch’: Why Ron DeSantis was doomed from the start
Muddled messages, hiring too many staffers and even a puzzle — how it all went wrong for DeSantis’ presidential bid.
Why there is a new global race to the moon
Globally, more than 100 lunar missions are expected to take place by 2030, according to the European Space Agency.
The IPO market should pick up in 2024. Here are the hottest companies set to make their debut
Investors are hopeful that Fed rate cuts anticipated later this year will mean an uptick in traditional IPOs, and eventually pave the way for a recovery in the market.
Stellantis CEO says automaker won’t sell EVs at a loss like other carmakers
Stellantis currently has 25 EVs available globally and expects to launch another 23 by the end of this year.
Consumer sentiment surges while inflation outlook dips, University of Michigan survey shows
The University of Michigan’s Survey of Consumers showed a reading of 78.8 for the month, its highest level since July 2021.
ECB’s Lagarde calls for a strong Europe to prepare for possible Trump return
European Central Bank President Christine Lagarde said that Europe must go on the offensive, if it is to compete with other major markets, including the U.S.
