The company pulls its outlook amid higher costs and other problems, and says its turnaround will take longer than expectedWSJ.com: US Business Read More
Hillstone Networks Expands Its Security Portfolio With CloudArmour
Analyst Matt Kimble takes a look at Hillstone Networks’ new CloudArmour security offering.Forbes – Innovation Read More
Fed Raises Interest Rate Half a Percentage Point, Largest Increase Since 2000
The Federal Reserve is combating the fastest price increases in four decades and is trying to cool the economy before high inflation becomes embedded.NYT > Business Read More
Robinhood Launches Stock-Lending Program
The brokerage has struggled to boost revenue and retain customers.WSJ.com: Markets Read More
Crypto Price Alert: Fed Triggers Stark $10,000 Bitcoin Crash Warning
A veteran trader has warned the bitcoin price could fall as low as $28,000, down $10,000 per bitcoin from its current price…Forbes – Money Read More
Biden Hints At $125,000 Income Limit For Student Loan Forgiveness, Here’s Why
Here’s why President Biden’s administration has hinted at $125,000 income limit for student loan forgivenessForbes – Money Read More
Job Openings in U.S. Rose to Record in March
New government data suggests that the economy remains far from normal as employers struggle to fill jobs and workers seek better positions.NYT > Business Read More
Airbnb Revenue Climbs on Record Nightly Bookings, Higher Prices
The home-sharing giant said it expects to post its first full-year net profit this year after its revenue climbed 70% last quarter as people continued to book rentals despite hosts raising prices.WSJ.com: US Business Read More
Stocks, Bonds Fall in Lockstep at Pace Unseen in Decades
Bonds have long been advertised as offering strong returns and hedging against the expected swings in stocks. That hedge has evaporated this year.WSJ.com: Markets Read More
How to Invest When Both the Stock Market and Bonds Are Falling
The best protection from this volatility is to have a long-term financial plan and stick with it, advisers say.WSJ.com: Markets Read More