In a first for the financial world, Morgan Stanley will be offering Exchange Traded Funds (ETFs) consisting of cryptocurrency. This will ETFs are similar to Mutual Funds, offering a basket of securities to mitigate risk. Rather than directly owning stocks, commodities, and now cryptocurrency,
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CNN is announcing a restructuring effort, where 100 staff members will be laid off. CEO Mark Thompson also announced a variety of new products and subscriptions as a way to increase revenue. CNN previously massively failed when it released a “CNN +” service, which only lasted for 30 days. Only 10,000 people had subscribed, due
McDonald’s has taken steps to revitalize its image as an affordable place
Biden is unleashing a series of new tariffs against China. They will
The American people are finding new ways to counter inflation. Although slowing down from its high in 2022, inflation is still making
Capital One, one of the major banks in America, just acquired the Discover financial brand. Unique among competitors, Discover is both a
The stock market dropped by 700 points, causing great turmoil in the American markets. It had recently reached the symbolic 50,000 mark,
Editor’s note: This is not investment advice The stock market is reaching new heights, with the S&P closing at 5,000 points for
The West Coast is losing people for the first time in decades, with most of the exodus coming from big cities. Long
The Federal Reserve has announced that it will soon hike rates, but likely not in March. As a rule of thumb, the
The Biden economy is taking another hit as Levi Strauss is set to cut 10% of its workforce. Despite having decent sales
Sports Illustrated is shutting down, firing its entire staff. The newspaper failed to generate enough revenue to pay its fees, and will
Macy’s, one of the nation’s largest department stores chain, is set to cut back on locations, workforce, and corporate overhead. The move
As frigid weather hits the middle of the country, energy consumption in America is set to rise in order to heat homes.