Elon Musk says Twitter's ad revenue is down 50% and cash flow is negative
Elon Musk disclosed on Twitter Saturday that, due to a 50% drop in advertising revenue and a "heavy debt load," the platform still has a negative cash flow.
2023-07-16 04:50
US Rep. George Santos repays himself $85K raised from lackluster reelection fundraising
Recently released congressional campaign records reveal the potential challenges embattled U.S. Rep. George Santos faces in his bid for reelection
2023-07-16 04:29
China’s Murky Debt Corner Faces Funding Squeeze
The $9 trillion of Chinese local government bonds that helped drag the rest of the world out of
2023-07-16 04:20
China’s Economy Is Struggling to Gain Traction: Eco Week Ahead
China is likely to report rapid economic expansion for the second quarter, although underlying figures will reveal a
2023-07-16 04:18
History Says It’s Time to Buy Long-Term Bonds as Peak Rates Near
Investors loading up on long-term bonds have history at their back. For decades, Treasuries maturing in 10 or
2023-07-16 04:15
Protests swell in Tel Aviv for 28th week as anti-government movement vows more 'days of disruption'
Tens of thousands of protesters have spilled into the streets of Tel Aviv, marking the 28th straight week of demonstrations against Prime Minister Benjamin Netanyahu’s plan to overhaul the country’s judiciary
2023-07-16 03:52
2,000 evacuated in La Palma wildfire in Spain's Canary Islands; official says blaze 'out of control'
Authorities say that more than 2,000 people have been evacuated as a wildfire rages “out of control” on La Palma in Spain’s Canary Islands, destroying around a dozen homes
2023-07-16 03:22
Barcelona & Real Madrid dealt major Financial Fair Play blow by UEFA
UEFA have deemed that Barcelona and Real Madrid must count sales of future revenue streams as debt in their financial records.
2023-07-16 03:21
UK’s Ben Wallace to Resign as Defense Secretary, Times Says
UK Defense Secretary Ben Wallace said he will step down during the next reshuffling of Prime Minister Rishi
2023-07-16 02:54
Who’s Winning the Money Race for President as Campaigns Heat Up
The race for presidential hopefuls to lure donors and build up their bank accounts is in full swing
2023-07-16 02:23
Tesla's 1st electric pickup has rolled off the assembly line, company says
Tesla says its first electric pickup has rolled off the assembly line
2023-07-16 01:53
Tesla builds its first Cybertruck four years after unveiling prototype
Tesla finally built its first Cybertruck, the company tweeted Saturday, two years behind schedule.
2023-07-16 01:30