Customers didn’t stop spending. Companies stopped serving.
61
votes
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Mortgage companies could intensify the next recession, US officials warn
24 votes -
Bank failure: Kansas Heartland Tri-State Bank closed by US Federal Deposit Insurance Corporation
29 votes -
99-year-old US trucking company Yellow shuts down, putting 30,000 out of work
30 votes -
Tax prep companies shared private taxpayer data with Google and Meta for years, congressional probe finds
45 votes -
Warren Buffett’s Berkshire Hathaway sells entire stake in TSMC
13 votes -
Spotify said Monday that it will cut 6% of its workforce to reduce costs – CEO Daniel Ek took full responsibility for the job cuts, which he called “difficult but necessary”
8 votes -
At least $1 billion of client funds missing at failed crypto firm FTX, sources say
23 votes -
Robinhood gets $1 billion infusion, signaling cash crunch
14 votes -
Major shakeup for the Dow Jones Industrial Average index in the US: three new stocks join
11 votes -
Apparent suicide by twenty-year-old Robinhood trader who saw a negative $730,000 balance prompts app to make changes
27 votes -
Crisis Text Line CEO fired amid staff revolt
6 votes -
Landlords across America are bracing for a wave of rent defaults
20 votes -
The stimulus bill includes a tax break for the 1%
13 votes -
SSAB has teamed up with Vattenfall and LKAB to build a pilot plant for the world's first fossil fuel free steel-making process
5 votes -
Sears, the store that changed America, declares bankruptcy
23 votes -
De Beers "admits defeat" over man-made diamonds
18 votes