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Finance
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Crypto scam victims lose more than $1 billion since 2021, says FTC
According to a report by the Federal Trade Commission (FTC), more than 46,000 people have reported losing over…
U.S. sets $1.74 billion deal with Moderna for updated COVID vaccine
The U.S. government said on Friday it agreed to a $1.74 billion deal for 66 million doses of…
Gilead quarterly profit decreased as COVID antiviral sales decrease
Gilead Sciences Inc said that because of higher research and royalty costs as well as a downturn in…
Drop in revenue is being faced by Facebook for the first time
Facebook reported the first-ever decline in its yearly revenue for the second quarter, announcing a 1 percent drop…
OpenSea the NFT marketplace lays off about 20 percent of its employees
Giant NFT marketplace, OpenSea has decided to 20 percent of its employees. The announcement was made by OpenSea…
U.S. bank profits to tumble
Big U.S. bank second quarter profits are expected to fall from the previous year on increased loan loss…
How does Intel plan to Raise Funding through the CHIPS Act?
Intel is postponing the groundbreaking ceremony for its planned chip-making facilities in Ohio because the US government hasn’t…
US banks raise prime rates following the steps of Federal Reserve Board
The condition of Wallstreet seems to be changed as the banks of US are increasing their lending rates.…
What do Latest Reports of Canadian Banks Reveal?
Recently, Canadian banks wrapped up second-quarter earnings season last week, with most reporting better-than-expected profits. They wrapped in…
Twitter’s Deceptive Use of User Data Has Earned it Fine
In a piece of recent news, Twitter has paid a $150 million fine to the FTC over its”deceptive”…