UK Opens Investigation of Facebook's Purchase of Giphy

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UK Opens Investigation of Facebook's Purchase of Giphy

The Competition and Markets Authority set a deadline of March 25 for its initial decision, setting a timeline on a review that has already been marked by a court clash. Facebook had previously argued that the CMA imposed unreasonable and disproportionate …
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The Federal Reserve doesn't see risks to market stability, even as concern about bubbles grows

Fed Chairman Jerome Powell was asked his views on the potential for asset bubbles in the stock and housing markets due to easy Fed policy at the Fed’s post meeting briefing Wednesday. The Fed chairman indicated the Fed’s monitoring of asset prices and …
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County's unemployment stands at 3.5%

Jackson County’s unemployment rate stood at 3.5% in December, according to the Indiana Department of Workforce Development. Overall, 21,296 county residents were on the job in December, which is 1,147 fewer than in December 2019 when 22,443 …
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Outside the GameStop Bubble, Stocks Have Concerns

The Bloomberg Factors To Watch service (FTW [GO] on the terminal) reveals that the market is in turmoil. It isolates the impact of various factors on
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IndiGo narrow down its losses in Q3 — passenger capacity and airfare capping continues to hamper its business

The company reported a loss worth ₹620 crore against the profit of ₹496 crore in the same period last year. A troika of festive travel, low air turbine fuel prices, and strong rupee helped the airline narrow down its losses. The total revenue took a massive hit at …
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