Surging Producer Prices in China Cuts into Business Profits
In May, China’s Producer Price Index increased by 9%, raising the cost of production while hurting business profits, according to data released by the National Bureau of...
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How America’s Rich Sidestep Income Taxes
Multibillionaires Jeff Bezos, Carl Icahn , Elon Musk, Michael Bloomberg, George Soros had at least a year in history, when their federal income tax payment was equal...
Justice Departments Leads Agencies in Recovering $2.3M Paid to Colonial Hackers
U.S Justice Department and other federal agencies on Monday recovered 64 bitcoin valued at about $2.3 million paid to ransom attackers, according to Yahoo! Finance. The seized...
USD/JPY Retreats 2-Month Highs After Upbeat Japan’s Q1 GDP Data
The Japanese yen is strengthening across the board following impressive Q1 GDP data and disappointing U.S. jobs data.U.S. indices are struggling for direction due to ongoing rejection...
Major Websites Resume after 1 hour Outage of Fastly CDN System
Most Major websites, including government and news websites resumed normal operations after disruption of services for almost an hour as Fastly’s CDN system experienced an outage, according...
Apple’s New Privacy Feature a Boost to its Business
Apple’s new privacy infrastructure is now part of its products giving it a competitive advantage over other industry players, according to CNBC. Privacy features in the upcoming...
