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HomeThe Daily Financial Trends

The Daily Financial Trends

The Daily Financial Trends
Trends Make the Portfolio – David Greenberg
Finance

Elon Musk Says He Will Not Cut 75% Of Twitter Employees The Daily Financial Trends

October 28, 2022 Stu Turley

Elon Musk has refuted reports he intends to cut 75% of Twitter’s workforce, telling Twitter staff those are not his plans when he takes control of the company, according to a source with knowledge of […]

Finance

Mortgage Interest Rates Hit Highest Level Since 2001 The Daily Financial Trends

October 27, 2022 Stu Turley

As financial conditions tighten and weigh down the housing sector, the average interest rate on the most common home loan has hit the highest level seen since 2001, according to new data from the Mortgage […]

Coal

Germany Dismantles Wind Farm To Expand Coal Mine The Daily Financial Trends

October 27, 2022 Stu Turley

In Germany, an energy company is dismantling a wind farm in order to expand an open-pit lignite coal mine, in but just one example of the government’s transition from a green energy philosophy emphasizing clean […]

Google
Finance

Google Feels The Pinch From The Economic Slowdown The Daily Financial Trends

October 26, 2022 Mariel Alumit

Google parent Alphabet’s (GOOG, GOOGL) third quarter earnings report fell short of expectations in revenues and profits, in large part due to YouTube advertising revenue falling $400 million short of estimates. Revenue excluding traffic acquisition […]

Finance

Banks Are Holding Twitter Buyout Debt Until Twitter’s Path Is Clearer The Daily Financial Trends

October 25, 2022 Mariel Alumit

The banks financing Elon Musk’s acquisition of Twitter to the tune of $13 billion have abandoned plans to sell the debt to investors due to uncertainty around the social media giant’s future, as well as […]

UK
Finance

UK Economic Outlook Downgraded To Negative The Daily Financial Trends

October 25, 2022 Mariel Alumit

Moody’s ratings agency slashed the UK’s economic outlook from “stable” to “negative.” The agency issued a statement in which it referenced the “heightened unpredictability in policymaking amid a volatile domestic political landscape, which challenges the […]

Twitter
Finance

Twitter Employees Freak Out During National Emotional Wellness Month The Daily Financial Trends

October 25, 2022 Mariel Alumit

For national emotional wellness month, employees of Twitter have been finding their inboxes filled with tips on self-care and emotional balance. However the messages they are sending out are filled with panic and upset according […]

US
Finance

The Northeast US Is Already Rationing Home Heating Oil The Daily Financial Trends

October 25, 2022 Mariel Alumit

Winter has not even begun in the US Northeast, yet already home heating oil has begun to be rationed, offering the threat that in the deep of winter, there may not be enough to keep […]

China
Finance

China’s Stocks Slide And The Yuan Slips The Daily Financial Trends

October 25, 2022 Mariel Alumit

One day after Xi Jinping secured a third term as President, China’s yawn slid sharply as the country’s stocks underwent their worst day since the 2008 financial crisis. On the onshore market the Renminbi struck […]

Google
Finance

Google Sued By Republican National Committee The Daily Financial Trends

October 24, 2022 Mariel Alumit

Google is being sued by the Republican National Committee, over its email filtering practices. The lawsuit was filed with California’s Eastern District Court on Friday, and accuses the online search leviathan of sending RNC fundraising […]

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