Business

Key Takeaways: - Former first lady, Michelle Obama, opts out of attending Trump's inauguration. - Scheduling conflicts reportedly prevented Mrs. Obama from attending President Jimmy Carter's funeral. - Michelle is known to prioritize her personal feelings over protocol and tradition. Absence at Jimmy Carter's Funeral: Reason Revealed Michelle Obama, the former First Lady of...

Key Takeaways: - A Florida jury found CNN liable for defaming US Navy veteran Zachary Young in a news segment in 2021. - The jury has awarded Zachary Young $5 million in damages. - Further punitive damages are yet to be decided by the court. CNN Found Guilty in Defamation Case CNN recently faced...

Key Takeaways: - TikTok's impending ban will not be facilitated by the Biden administration. - The Trump administration is set to handle the situation after the president-elect takes office. - TikTok needs to split from its parent company, ByteDance, or shut down in the U.S. - The ban will affect app stores and...

Key Takeaways: - Coca-Cola's CEO presents a unique Diet Coke bottle to Donald Trump during his inauguration. - The move signifies changing political times. - The gesture from Coca-Cola continues a longstanding tradition of connecting with leaders and people's hearts worldwide. Inaugurations: A Time for Celebration and Commemoration As Donald Trump took over the...

Key Takeaways: Bitcoin reaches an all-time high of $104,000, fueled by optimism over Donald Trump’s pro-crypto policies. Trump plans to establish the U.S. as the "crypto capital" of the world, promising a regulatory framework favorable to the industry. Key initiatives include a strategic Bitcoin reserve and a dedicated advisory...

Takeaways: Capital One customers are experiencing disruptions in accessing their funds due to a technical issue with a third-party vendor. The issue affects payment processing, deposits, and other banking services. The third-party vendor, FIS Global, attributes the problem to a power outage and is actively resolving the situation. Capital One...

Key Takeaways: - Parents can elevate their child's credit score by making them an authorized user of their credit card. - This strategy works best for teenagers or young adults in their early twenties. - The primary account holder's creditbehavior directly impacts the child's credit score. - Parents should have an end date...

Key Takeaways: - Slovakian opposition leader Michal Šimečka confirmed his country's ongoing support for Ukraine's freedom, security, and EU membership bid. - He commended Ukrainians for their bravery and self-sacrifice during a meeting with President Volodymyr Zelensky. - Acknowledging the significance of Ukraine's struggle not just for itself but for Europe in...

Google's Workspace: A New Shift Technology giant Google has taken an innovative step by incorporating artificial intelligence (AI) features into its prominent Workspace. This development is part of their effort to enhance the user experience for businesses. However, this upgrade comes with a slight increase in the base plan prices. A...

Key Takeaways: - Google and Oracle are caught in a landmark legal battle - The dispute is about Java API, which Google used for Android - Oracle alleges Google's use of Java is a direct violation of its copyrights - This legal tussle could reshape the tech industry's approach to software development Here's Your...

Key Takeaways: • Over 400 employees from Washington Post criticize owner Jeff Bezos in an open letter. • The staff members express their angst against the leadership’s decision, their fear about the integrity of the publication. • They indicate that some respected colleagues have already left, and more are planning to do...

Key Takeaways: - The White House is working to prevent TikTok's ban, which could cause the app to go unavailable as of Sunday. - President Biden's administration is finding ways to execute the ban in such a way that does not affect millions of American TikTok users. - Despite an impending ban,...

social mediaKey Takeaways: - British application, Freetrade, is bought by online investing platform, IG Group. - The deal values Freetrade at $195 million, a 29% discount compared to its previous valuation. - Freetrade, established in 2016, gained popularity as a zero-commission trading platform among young traders. - Despite significant drops in valuation due...

Key Takeaways: - Numerous Citibank customers experience warning alerts concerning fraud and difficulties accessing accounts. - The unanticipated issues may alarm customers and tighten scrutiny on digital banking's security measures. - Citibank's swift response and resolution of the matter crucial to retain customer trust. Complaints from Citibank Customers Surface The digital banking domain has...

A Quick Scoop Google recently made some tweaks to its business plans. Instead of offering standalone packages for $20 or $30, Google jazzed things up by adding a smidge extra to the cost and throwing in a big bonus – the Gemini generative Artificial Intelligence. Breaking Down the Change You know how...

Key Takeaways: - U.S. inflation witnessed a rise last month due to a sharp increase in gas prices. - The consumer price index saw a boost of 0.4% in December from November. - By the end of the year, the consumer price index swelled by 2.9%. - Other goods' price hikes were relatively...

Key Takeaways: - December's average prices saw a 2.9% increase compared to 2023's figures. - Energy costs accounted for over 40% of the inflation surge last month. - The bird flu outbreak affected eggs supply, causing their prices to jump over 36%. US Inflation on the Rise: What You Need to Know Do those...

Key Takeaways: - Core prices saw a monthly increase of 0.2% in December, a notch down from 0.3% reported in November. - Year-on-year, core prices rose 3.2% in December, showing a slight decline from November's figure of 3.3%. - The Consumer Price Index (CPI) witnessed a monthly rise of 0.4% and a...

Key Takeaways: - Recent data points to a stronger start of this year for mortgage demand compared to last year. - There is a 7% rise in the total mortgage application volume last week compared to the same period last year, as per Mortgage Bankers Association. - The average contract interest rate...

Key Takeaways: • Over 40 people hospitalized during third night of protests in Georgia's capital • Prime Minister dismisses rumors of halted European integration • U.S. State Department suspends its strategic partnership with Georgia • Widespread diplomatic resignations since protests began • European Union expresses concern over Georgia’s ongoing democratic backslide Tensions in Georgia Continue...