Meta shares surge after Facebook ekes out user growth

Meta CEO Mark Zuckerberg says the company would scale back costs and invest in artificial intelligence tools to improve recommendations and ads Facebook rebounded from a drop in users early this year and its parent Meta posted a profit ahead of Wall Street targets, defying low investor expectations with a quarterly report that sent shares … Read more

Wall Street tumbles, as European shares again retreat

US shares tumbled on Tuesday, April 26, with the Nasdaq posting its steepest one-day rout since September 2020, while European stocks extended losses for a third session as investors warily awaited US tech earnings and fretted over global growth. China’s COVID-19 curbs and fears of aggressive US Federal Reserve tightening continued to damp risk appetite … Read more

Andrea Brillantes shares her ‘side of the truth’

MANILA, Philippines – Andrea Brillantes took to social media on Monday, April 11, to address several controversies she’s been involved in recent months, saying that it’s now time for “people to move on.” In a 10-minute Instagram Live, the actress spoke in detail about her relationship with love team partner Seth Fedelin, a TikTok video … Read more

Shares bounce, US yield curve inverts after strong jobs data

NEW YORK, USA – Government bond yields resumed their upward climb on Friday, April 1, as a key part of the US Treasury yield curve inverted once more on signs of persistent inflation, while falling oil prices ended the week with their sharpest weekly drop in two years. US data released on Friday showed employers … Read more

Knicks’ Tom Thibodeau shares blame for Julius Randle’s failures

Baseball’s Opening Day is fast approaching, and the Knicks are going to be free pretty soon to take in as many Yankees and Mets games as they care to watch. So let us put Tom Thibodeau’s two seasons in New York in a balls-and-strikes context. Last year, Thibs was a league MVP who hit .325 … Read more

Shares rally, oil drops after ‘encouraging’ Russia-Ukraine talks

NEW YORK, USA – Stock markets tore higher across the world on Tuesday, March 29, and oil prices shed $2 a barrel, as investors celebrated signs of progress in negotiations between Russia and Ukraine that they hoped would lead to a settlement in a five- week conflict. Even though the US government warned that Russia’s … Read more

Global shares fall on inflation, central bank moves

Oil also falls in volatile trading on Thursday, March 10, with international benchmark Brent settling at $109.33 NEW YORK, USA – Global share markets slid on Thursday, March 10, as US inflation hits almost 8%, making it almost certain the US Federal Reserve will raise interest rates next week, and the European Central Bank (ECB) … Read more

Oil, commodities surge amid sell-off in global shares

Wall Street’s main indexes fall sharply on Monday, March 7, with the Nasdaq Composite confirming it is in a bear market NEW YORK, USA – Oil and other commodities prices soared while global shares tanked on Monday, March 7, as the United States said it was willing to ban Russian oil imports, stoking investor fears … Read more