By Veronika Bondarenko Uber and Meta both recently announced hiring slowdowns. The whispers about a shrinking tech sector are getting stronger. In many cases, they are also now moving beyond the predictions of economists and toward concrete steps on th…
Bitcoin: Key Support Fails. How to Trade It?
By Bret Kenwell Bitcoin is trading lower on Monday, as the cryptocurrency works on its seventh consecutive weekly decline. Here’s how to trade it from here. Bitcoin has weathered the storm better than many growth stocks have, but it hasn’t been immune …
Crypto Market Rattled as Stablecoin UST Briefly Loses Peg
By Rob Lenihan Markets are shaken as the stablecoin TerraUSD briefly lost is dollar peg. The stablecoin TerraUSD briefly lost its dollar peg over the weekend, pulling down its sister token LUNA as well. Cryptocurrency prices were falling Monday alongwi…
KFC Has a New Artery-Clogging Treat
By Veronika Bondarenko This new KFC product taps into several fast food trends all at once. Nothing will up the calorie count on an already-indulgent dish quite like macaroni and cheese — the trend of adding it, fried, on top of everything from burgers…
Cannabis News Week: South Carolinians Will Have to Wait for Medical Cannabis
By Tony Owusu Also, voters in Austin approved a ballot measure that would decriminalize marijuana. South Carolinians will have to wait another year for medical cannabis after the state’s legislature declared the Compassionate Care Act “unconstitutional…
Health-Care Stocks: CVS, Humana Make Bank of America List of Large-Caps
By Dan Weil The health-care sector constitutes ‘our favorite overweight for today’s macro environment,’ Bank of America analysts said. Health-care stocks have outperformed the broader stock market this year. The Health Care Select Sector SPDR Fund (XLV…
Baskin-Robbins Goes Beyond Ice Cream With a Cultural Classic
By Veronika Bondarenko The global market for boba tea is expected to reach $4.3 billion by 2027. Adoption of a product by an international fast-food company can show that what was once limited to a particular culture has made its way into the mainstrea…
Will Coinbase’s Bet on NFTs Go Wrong?
By Luc Olinga The cryptocurrency exchange has entered the non-fungible tokens market at a delicate time. It is a bold bet in which Coinbase (COIN) has embarked. The crypto trading platform has just opened its non-fungible token trading platform to ever…
Las Vegas Strip Casino Shows Off an Iconic Image
By Daniel Kline Resorts World celebrates a first-of-its-kind event celebrating one of the most enduring images from the 1970s. Las Vegas has more than its fair share of iconic images. The city has countless spots where visitors feel the need to take a …
Robinhood Goes All Out to Stop Bleeding
By Luc Olinga The brokerage of Gen Z and millennials has been in dire straits for several months now. The past few months have looked like an endless ordeal for Robinhood (HOOD) – Get Robinhood Markets, Inc. Class A Report shareholders. Shares of the b…