LATEST ARTICLES

U.S home prices soar; experts say this is the reason

Rising home prices and increasing mortgage rates could force millions of Americans out of the market. The cost of buying houses in several major cities in America have surged over the past two years as COVID-19...

Amazon CEO Andy Jassy earned over 6,470 times the median Amazon employee’s salary

Andy Jassy who took over from Jeff Bezos last year as the new CEO of amazon.com, earned about $214 million in compensation in 2021, according to Amazon’s proxy statement filed with the Securities and Exchange Commission...

Why Tesla was booted from S&P 500′s ESG index

S&P 500 recently performed annual update to the list and kicked out Elon Musk’s electric vehicle company, Tesla, from its ESG Index, effective May 2, 2022. Apple, Microsoft, Amazon and even oil and gas multinational Exxon Mobil were included...

Mercedes-Benz sells a car for a record $142 million

German auto maker Mercedes-Benz confirmed on Thursday that it sold a 1955 Mercedes-Benz SLR coupe for a record €135 million, equivalent of $142 million. The sale, first reported by Hagerty Insider, happened on May 5 at...

Toyota overtakes General Motors first time in nearly a century to become the leader...

Japanese automaker Toyota Motor Corp outsold General Motors corp in the United States in 2021, breaking the dominance of General Motors in U.S auto sales in over 90 years. This comes after assembly lines were plagued by...

Robinhood shares halted after massive spike in second day of wild trading, investors speculate...

Shares of the Silicon Valley online broker, Robinhood soared on Wednesday, extending a wild rally in the newly public stock trading app’s stock. But trading was halted for volatility several times, with some investors...

New York City offers residents $100 incentive to get vaccinated

New York City Mayor Bill de Blasio has announced a $100 incentive to anyone who goes to a city-run vaccination site for their first dose of a COVID-19 vaccine, starting this Friday July 30. "It...

Billionaire investor Bill Ackman says the U.S economy will see a massive economic boom...

Bill Ackman, the billionaire owner of Pershing Square Capital Management is foreseeing a massive boom in the U.S economy. The billionaire investor who said last year that government should give every American cash at birth...

China’s first human infection case with Monkey B Virus dies of the virus –...

A Beijing-based veterinarian who was earlier confirmed as China’s first human infection case with Monkey B Virus (BV), has died from the virus, the State-run Global Times reported. The 53-year-old man who worked for an institution researching...

Social media is killing people with Covid misinformation – President Biden

U.S President Joe Biden has expressed disappointment on big social media platforms like Facebook for spreading misinformation about the coronavirus and vaccines. "They’re killing people," the president said when asked what his message was to social media platforms...