Author: News Room

I started my side hustle in 2020 and grew it to $500,000 in revenue by keeping passion out of my professional life. I’ve heard entrepreneurs and celebrities say, “Follow your passion! The money will follow!” When I was desperate to get out of my corporate job, I consumed all the entrepreneurial advice that I could about a strong devotion to your business as a guarantee for success. So, in 2016, I followed my passion for my first business, and founded a company to rent out special occasion attire to women. I thought I hit the jackpot because it combined so…

Netflix NFLX is slated to report its Q1 2023 results on April 18th. We estimate that Netflix’s revenue will come in at about $8.2 billion for the quarter, marginally ahead of the consensus estimate of about $8.17 billion. This would mark year-over-year growth of roughly 4%, although it would be down from a growth rate of close to 10% in the same quarter last year. We estimate that earnings will stand at about $2.90 per share, compared to a consensus of $2.86 per share. So what are some of the trends that are likely to drive Netflix results? See our…

By Andrea Shalal WASHINGTON (Reuters) – The U.S. banking system remains strong and resilient, but American officials will continue working with foreign counterparts to bolster financial resilience after recent bank failures, U.S. Treasury Undersecretary Jay Shambaugh said on Monday. Shambaugh said recent bank failures and developments were very different from those of the 2008 global financial crisis, which centered on credit risk, but regulators were working hard to shore up confidence in liquidity both at home and abroad. Shambaugh, speaking at the Brookings Institution think tank ahead of this week’s meetings of the International Monetary Fund and World Bank, said…

By Alun John and Kevin Buckland LONDON (Reuters) – The dollar gave back the previous day’s advances against the euro and pound but held some gains against the yen on Tuesday as traders’ attention turned to U.S. inflation data due on Wednesday for signs of how close U.S. rates are to peaking. The euro was up 0.4% at $1.0903 and the pound was up 0.5% at $1.2439 as most European markets returned from the long Easter weekend. Both currencies over the break had slipped from their early April peaks after resilient U.S. labour market released Friday bolstered the case for…

© Reuters. FILE PHOTO: People walk past a screen displaying the Hang Seng stock index outside Hong Kong Exchanges, in Hong Kong, China July 19, 2022. REUTERS/Lam Yik/File Photo By Herbert Lash NEW YORK (Reuters) -U.S. stocks closed mostly flat and the dollar rose on Monday after strong jobs data last week pointed to the Federal Reserve hiking interest rates in May, while the yen eased after Japan’s new central bank governor vowed to maintain ultra-loose policy. Gold prices slipped below the key $2,000 level due to a resurgent dollar, while Treasury yields edged higher on growing market expectations that…

China’s consumer inflation eased to its lowest level in more than a year in March, as prices for both food and non-food products retreated. The consumer-price index rose 0.7% on year in March compared with February’s 1.0% increase, the National Bureau of Statistics said Tuesday. That marked the lowest reading since September 2021 and undershot the 0.9% increase anticipated by economists polled by The Wall Street Journal. Food prices rose 2.4% on year in March, compared with February’s 2.6% rise. Pork prices accelerated to a 9.6% year-on-year increase, up from the 3.9% growth recorded in February. Vegetable prices fell 11.1%…

Holding a life insurance policy is a key step toward improving your financial health and building generational wealth. It’s something everyone should have, but men still outpace women in terms of purchasing life insurance. Life Insurance Marketing and Research Association (LIMRA) data indicates that while 78% of women consider personal finances very important, only 31% have plans to purchase life insurance coverage. This disconnect between priorities and action might be the result of deeply ingrained stereotypes regarding women and finances, women’s lack of access to financial advisers and information, as well as the ongoing gender pay gap. Haven Life’s Gender…

Most of the largest cryptocurrencies were down during morning trading on Monday, with Polkadot DOTUSD, +3.51% seeing the biggest move, sinking 0.81% to $6.13. Six additional currencies posted reductions Monday. Cardano ADAUSD, +5.18% inched down 0.80% to 39 cents, and Dogecoin DOGEUSD, +1.67% inched down 0.67% to 8 cents. Uniswap UNIUSD, +0.89% inched down 0.67% to $5.85, while Bitcoin Cash BCHUSD, +2.33% slipped 0.49% to $124.64. Ethereum ETHUSD, +1.82% sank 0.41% to $1,849.35. Ripple XRPUSD, +2.01%, which posted the smallest decrease, slid 0.31% to 50 cents On the other hand, two cryptos posted increases, with Bitcoin BTCUSD, +3.34% seeing the…

Shares of Tesla Inc. TSLA, -0.30% shed 0.30% to $184.51 Monday, on what proved to be an all-around mixed trading session for the stock market, with the Dow Jones Industrial Average DJIA, +0.30% rising 0.30% to 33,586.52 and the NASDAQ Composite Index COMP, -0.03% falling 0.03% to 12,084.36. This was the stock’s fifth consecutive day of losses. Tesla Inc. closed $179.56 below its 52-week high ($364.07), which the company reached on April 21st. Trading volume (141.5 M) remained 27.7 million below its 50-day average volume of 169.2 M. Editor’s Note: This story was auto-generated by Automated Insights, an automation technology…

Days after the Pentagon announced it was investigating the leak of more than 50 classified documents that turned up on social media sites, dozens of them remain viewable on Twitter. Photos of the leaked documents first appeared on a social media platform called Discord weeks earlier and sat largely unnoticed before making their way to more mainstream sites like Twitter and other platforms like Telegram. The fact that these documents sat undetected for so long and in some cases continue to circulate online underscores the limited authority the US government has to force social media companies to remove content, even…