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Saturday, May 18, 2024

Tag: People


Rave Restaurant Group Stock increased 3.83% following new CFO

RAVE's stock price increased by 3.83% following the appointment of Jay Rooney as its new Chief Financial Officer. The company's shares rose in response to the announcement.

AI is already taking jobs, with companies likely to replace workers

The International Monetary Fund (IMF) predicts that nearly 40 percent of global employment is exposed to AI, with advanced economies facing greater risks and opportunities compared to emerging markets and developing economies.

El Salvador Eliminates Income Tax, Currently holds over 5,700 Bitcoin

El Salvador's Congress has approved a reform to remove income taxes on money entering the country from abroad. This decision comes as the nation's Bitcoin holdings, which currently amount to over $200 million USD according to Nayibtracker.com, have seen a significant increase in value due to the cryptocurrency's recent price surge.

U.S. Jobs Report shows resilient labor market

The latest U.S. jobs report has revealed an increasing labor market, with nonfarm payrolls increasing by 275,000 in February, significantly exceeding the consensus estimate of 200,000.

Fed Bowman: further inflation progress may be slower going forward

Governor Michelle Bowman of the Federal Reserve recently delivered a speech at the New Jersey Bankers Association, discussing the current state of the economy, monetary policy, and notable developments in bank regulation and supervision.

Taylor Swift could impact the 2024 Election

In the upcoming 2024 U.S. Presidential elections, Taylor Swift's influence could shape politics. Known for her massive global following and her increasingly vocal stance on political issues, Swift has demonstrated an ability to mobilize voters, particularly among the younger demographic.

Inside Berkshire Hathaway’s Record-Breaking Earnings

Berkshire Hathaway's earnings have broken record highs, showing the company's potential. For the fourth quarter and full year of 2023, Berkshire reported substantial net earnings. This shows a significant rebound and growth compared to the previous years.


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