The price of delivery
Delivery tariffs are rising faster than they have in nearly a decade, increasing pressure on merchants to raise prices or find other ways to offset higher costs.
FedEx Corp on Monday said delivery rates will rise by an average...
US GDP forecasts down
The US economy is set to decline sharply in the third quarter Goldman Sachs, Morgan Stanley, Oxford Economics and the Atlanta Fed have all cut their GDP growth forecasts sharply in recent weeks. The effects of the rapid spread ...
Shipping Integration
The consolidation of shipping over the past 5 years has exacerbated supply chain problems caused by the occurrence of Covid-19, further delaying the movement of cargo across the sea.
Cargo owners and forwarders say that a handf...
2-in-1 vaccine
Moderna's shares have increased dramatically after the announcement of the development of a comprehensive booster vaccine that simultaneously protects against new strains of the COVID-19 virus and seasona...
Producing medicines using artificial intelligence
The Bill & Melinda Gates Foundation is supporting UK start-ups that want to develop new drugs using artificial intelligence.
On Wednesday, the Oxford-based company Exscientia announced the signi...
Zoom's earnings
Zoom Video Communications on Monday reported revenues and profits above market analysts' forecasts, but investors were disappointed by the slowdown in growth.
Shares of Zoom Video Communications (ZM) fell 10% after Monday's close, d...
Fed buying cuts in 2021
In an online conference replacing the traditional one in Jackson Hole, Fed Chairman Jerome Powell announced the start of asset purchase rate cuts this year.
Major stock market indices, the Dow Jones, S&am...
Peloton forecasts and statement
Peloton (PTON) reported a worse quarterly loss than analysts expected and also gave a weaker outlook for the current quarter. Investors should not expect profitability from Peloton before 2023.
Pe...
Встреча не состоится
The Fed has cancelled the US economic policy conference in Jackson Hole and will instead be held online on 27 August. Here's why investors should pay attention.
On Friday, the Federal Reserve ...
Best time to buy Uber shares
Uber shares are trading at a lower price today than on the first day of trading. However, investors have four strong arguments for buying Uber stock right now to take advantage of the lower price.
Uber (UBER) shares are...
Revenue and share price
Airbnb reported a 300% increase in second-quarter revenues compared with the crisis period in 2020. The company's losses also fell more than Wall Street expected.
Shares in Airbnb (ABNB), a digital platform for booking accom...
Partnership between Google and Workday
Google (NASDAQ:GOOGL) Cloud and Workday (NASDAQ:WDAY), a leader in enterprise cloud applications for finance and human resources, have announced a strategic partnership that will enable many companies arou...
Progress in the economy
Two Fed officials noted progress in the US economy on Monday, predicting when the central bank will begin cutting bond purchases and raising the benchmark interest rate.
On Monday, US stock indices were affected by...
Share price rises
Moderna shares hit a new high on Monday, ending trading up 17% on news of Australia ordering 25 million Moderna vaccines from COVID-19 and recent research showing greater efficacy from the Delta strain of Moderna vaccine than Pfize...
Uber's business
Uber shares fell after the report, repeating the trajectory of its smaller rival Lyft. Despite the good quarterly results, investors saw warning signs for the profitability of Uber's business.
Uber Technologies (UBER) posted higher ...
Revenue growth
Lyft continues to recover from the pandemic, posting quarterly revenue growth of 125% and pre-tax profits. Despite a new increase in illness and concerns about the Delta strain "July was Lyft's best month since March 2020".
Shares in...
Alibaba shares fall
Chinese e-commerce giant Alibaba reported 1.18 billion active customers and increased its share buyback programme to a record $15 billion. However, the negative trends seen by investors outweighed and Alibaba ...
A pandemic in New York
New York State Governor Andrew Cuomo has called on private businesses, including restaurants and bars, to serve only people vaccinated against the coronavirus.
Such a principle is already in place in stadiums, music halls. No...
From New York to Florida
New Yorkers continue to move to Florida in droves amid a pandemic, according to recent statistics.
According to data from the Florida Department of Highway Safety and Motor Vehicles, 51,108 New Yorkers moved to the sunshine...
Vaccine for private companies
US authorities are studying the possibility of introducing compulsory vaccination at the federal level. The head of the US Centers for Disease Control and Prevention (CDC), Rochelle Walensky, told Fox News on Friday.
T...
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