How the Big Tech Pandemic Bubble Burst

New York CNN – In January 2021, Microsoft CEO Satya Nadella spoke in lofty phrases about how the primary yr of the pandemic had ushered in an unimaginable shift towards on-line companies, benefiting his firm within the course of. “What we have now witnessed over the previous yr is the daybreak of a second wave … Read more

EXCLUSIVE: Rocket CEO: Housing is not a buyer’s or seller’s market. Now even

New York CNN Enterprise – Covid-19 has unleashed an epic housing increase that has left first-time homebuyers despondent amid relentless bidding wars and money presents. Jay Varner, who heads America’s largest mortgage lender, Rocket Mortgage, says: The times of sellers who’ve all the ability Greater than. “These moments… There are 20 upcoming exhibits gone now. … Read more

The US economy added 223,000 jobs in December

Minneapolis CNN – The US financial system added 223,000 jobs in December, in line with the Bureau of Labor Statistics’ month-to-month employment report, capping a yr of remarkable job development and marking the second-best yr for the labor market in information courting again to 1939. The unemployment price fell to a document low 3.5% from … Read more