Business

Elon Musk jokes Twitter would have censored Paul Revere, criticizes for ‘squashing dissenting opinions’

NEWYou can now listen to Fox News articles! World-famous industrialist billionaire and possible future owner of Twitter Elon Musk slammed the platform’s current leadership with a humorous tweet on July 4 then agreed with another user bemoaning Jordan Peterson’s suspension by saying the company’s “going way too far in squashing dissenting opinions.” Musk appeared to …

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David Zaslav talks CNN, Netflix and ‘Opportunity’ at Sun Valley

SUN VALLEY, Idaho — David Zaslav was upbeat as he arrived in Sun Valley, Idaho on Tuesday for Allen & Co.’s gathering of business media and tech moguls. The Warner Bros. Discovery CEO had kind words for Netflix and “Stranger Things,” and he told reporters that he expects the annual summit to be “a great …

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Hang Seng, Shanghai Composite, Covid, oil

SINGAPORE — Greater China stock indexes led losses as Covid concerns resurge, while Asia-Pacific markets traded lower on Wednesday. Oil futures rose after plunging overnight. Hong Kong’s Hang Seng index slipped 1.37%, with heavyweights HSBC and CNOOC falling 3.93% and 5.58%, respectively. mainland China markets also declined. The Shanghai Composite shed 1.34%, and the Shenzhen …

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Politico reports ‘recession talk surges’ from Washington to Wall Street despite Biden’s reassurances

NEWYou can now listen to Fox News articles! Politico published an article Monday which warned that despite President Joe Biden’s attempts to re-reassure the public and investors that a recession is not inevitable, “He is an lonely voice.” “From Wall Street to Washington, whispers about an upcoming economic slump have risen to nearly a roar …

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Explainer: US yield curve inverts again: What is it telling us?

US dollar banknote in front of stock graph is seen in this illustration taken, June 12, 2022. REUTERS/Dado Ruvic/Illustration Register now for FREE unlimited access to Reuters.com Register NEW YORK, July 5 (Reuters) – A closely watched part of the US Treasury yield curve inverted again on Tuesday, as investors continue to price in the …

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A sharp decline in gold results in major technical chart damage

As a direct result of an exceedingly strong US dollar gold prices plummeted today resulting in major technical chart damage. The dollar has gained significant value over the last two weeks, however, longer term studies reveal that the dollar has been on an upward trajectory since the beginning of 2021 when the dollar index …

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Ben & Jerry’s sues parent company Unilever over sale of Israeli business

A tub of Ben and Jerry’s Ice Cream, manufactured by Unilever Plc. Chris Ratcliffe | Bloomberg | Getty Images Ben & Jerry’s is suing parent company Unilever to stop the sale of its Israeli business to a local licensee, a move the consumer products giant said would keep the ice cream products available in Israel …

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