Dragged down by tech heavyweights Amazon and Apple, the S&P 500 slid into correction territory on Friday – for the second time in 2022. The capitalization-weighted index dropped 3.6 percent on the last trading day of April, as Amazon and Apple lost 14 …
A brutal Friday sell-off led by tech blue chips marked the fitting end to a terrible April for stock markets. The Nasdaq Composite Index dropped 4.2 percent on Friday, bringing its April losses to 13.3 percent – the worst monthly performance since Octo…
When people think of Apple, they think of hardware first. iPhone, iPad, MacBook and iMac – those are the products that made Apple what it is today: the most valuable company in the world. Despite having always emphasized the advantages of its hardware …
China’s tough new lockdown measures have led to a major backlog of cargo and container ships in front of Shanghai’s port. With employees unable to go to work, the world’s largest container port is having to manage with significantly fewer staff. Our ch…
Mexicans are among those struggling most with their work-life balance, according to the Organisation for Economic Co-operation and Development (OECD). Colombians’ and Costa Ricans’ lives aren’t really in balance either. The United States and the United…
People in Italy enjoy the best work-life balance, according to recent findings by the Organisation for Economic Co-operation and Development (OECD). Unsurprisingly, the most important aspect for a healthy work-life balance is the amount of time people …
Emmanuele Macron has won the second round of the French presidential election against Marine Le Pen. With 58.6 percent according to the preliminary final results, the incumbent is well ahead of his right-wing challenger. But the gap has narrowed compar…
House prices have skyrocketed in the EU over the past decade, far outpacing the rate of growth for rentals. A new Eurostat report, released on 8 April, found that between 2010 and Q4 of 2021, house prices went up by 42 percent across the bloc, while re…
After more than a decade of uninterrupted growth, Netflix suffered its first subscriber drop in the first three months of 2022. The world’s largest video streaming service ended the quarter with 221.64 million paid memberships, down 200,000 from the pr…
According to CB Insights, there were 1,068 unicorn companies in the world as of March 30, 2022. In 2021 alone, 519 of these privately held startups valued at $1 billion or more were “born”. The global unicorn herd passed the 1,000-mark at the beginning…