BUSINESS

Bitcoin this week reached above $44,000 for the first time since April last year

Bitcoin Rally Shines Spotlight On Investor Risks

A much-anticipated US approval of wider bitcoin trading has helped the world's biggest cryptocurrency reach 20-month heights, risking however pain for new investors unaccustomed to its volatility.
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Hundreds of employees at The Washington Post are expected to go on strike on December 7, 2023

Washington Post Staff To Strike On Thursday

Hundreds of staff at The Washington Post, one of America's most storied newspapers, will walk off the job for 24 hours Thursday, their union announced, slamming the company for refusing to negotiate a contract "in good faith."
Ulta Cosmetics

Ulta Beauty's Big Comeback — Will It Last?

Wall Street was pleased with Ulta's financial results, sending its shares 11% higher Friday to $474 per share. Lila Margalit of Placer.ai thinks Ulta is in the right place at the right time with a suitable value proposition.
After last month's rally traders have turned sellers, and some observers warn the next few weeks could see some volatility

Asian Markets Drop As Traders Temper Rate Cut Bets

Stocks fell Tuesday, extending the sell-off seen on Wall Street, with analysts warning November's rally fuelled by bets on interest rate cuts may have gone too far, forcing traders to take a step back.
Ori Rosner, head of the Israel racing pigeons club, releases 140 birds to represent hostages still held by Hamas in Gaza

Israeli Troops Battle Hamas Militants In Southern Gaza

Israeli troops battled Hamas militants in the southern Gaza Strip on Tuesday after expanding their offensive deeper into the besieged territory, with warnings that an "even more hellish scenario" was unfolding for trapped civilians.
Rockstar Games has steered clear of 'loot boxes' in Grand Theft Auto online play, instead letting users spend money on digital content or personalization that they could earn through gameplay

Grand Theft Auto: Built For The Long Haul

In a video game industry known for cranking out sequels, Rockstar Games has cashed in big by making "Grand Theft Auto" fans painfully wait for their next fix of the shoot 'em up blockbuster.
Evergrande was once China's biggest real estate firm

What We Know About Evergrande's Financial Future

A Hong Kong court on Monday gave Chinese property giant Evergrande until the end of January to put together a restructuring plan, offering the embattled firm much-needed breathing room as it teeters on the brink of bankruptcy.

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