: Musk says Twitter is cash flow negative as advertising falls and competition from Threads grows
Twitter owner Elon Musk said Saturday that advertising revenue has dropped 50% just as competition between the micro-blogging platform and Meta's competitor Threads intensifies.
: Misinformation and hate speech already rampant on Threads: research
Threads is overflowing with misinformation about the 2020 election, COVID-19 and vaccines, and gender-affirming care, according to research from Media Matters.
Market Extra: U.S. stocks typically rally during earnings season. Here’s why this summer might be different.
Earnings season is typically a happy time for the U.S. stock market. But this summer might be different, analysts said.
: Once-mighty Canopy Growth loses billions as dream of pot riches runs into reality of oversupply and overspending
Led by Cannabis Growth's roughly $19 billion drop in market value, Canadian cannabis companies have lost more than $62 billion since their peak.
: Cathie Wood’s ARK ETFs sold $50 million in Coinbase stock
Cathie Wood's ARK ETFs sold nearly half-a-million Coinbase shares, but the cryptocurrency exchange remained among the top holdings of some the ETFs.
: Social Security’s COLA could be just 3% in 2024 — after an 8.7% increase in 2023
The smaller increase comes as inflation cools.
: Here’s why people might not be holding up as well as banks like JPMorgan, Wells Fargo and Citi say they are
Despite everything, Americans’ finances are still sturdy. At least that’s the view of people’s wallets from some of the country’s biggest banks as corporate reporting...
Insurance may not cover birth control drug Opill without prescription
Women could face barriers to obtain Opill because health insurance is not currently required to cover birth control without a prescription.
Economic Outlook: Recession worries dissipate, pushing down MarketWatch’s weekly gauge
Worries about a recession dropped sharply this week as better inflation news raised the chance the Fed won't have to slam on the brakes.