Miragec | Moment | Getty ImagesA startup that uses technology to stop employees from abusing corporate expenses just raised 8 million euros ($8.6 million) of funding from investors, defying a slump in investment for the financial technology industry.CleverCards, a Dublin-based firm, uses a digital platform linked to configurable expense cards...
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Bank of Japan set to reduce JGB purchases, stands pat on interest rate
The Bank of Japan is largely expected to hold interest rates steady at the end of its 2-day meeting ending June 14, 2024. Seen here, the Japanese flag flying high at the BOJ headquarters in Tokyo.Kazuhiro Nogi | Afp | Getty ImagesThe Bank of Japan kept its benchmark interest rate...
Netflix hunts for a production partner for its Christmas NFL games
Brock Purdy #13 of the San Francisco 49ers prepares to take a snap in the first quarter against the Kansas City Chiefs0 during Super Bowl LVIII at Allegiant Stadium on February 11, 2024 in Las Vegas, Nevada. Michael Reaves | Getty ImagesNetflix is trying to get ready for some football.The streaming...
Roaring Kitty’s GameStop stake grows to 9 million shares after selling his big options position
Keith Gill, aka Roaring Kitty, hosting a YouTube livestream on June 7th, 2024.Source: Roaring Kitty | YouTubeMeme stock champion Keith Gill, known as "Roaring Kitty" online, seemed to increase his ownership in GameStop's common stock and appears to be holding more than 9 million shares.Gill posted a new screenshot of...
Wholesale prices unexpectedly fell 0.2% in May
A measure of wholesale prices unexpectedly decreased in May, adding another piece of evidence that inflation is pulling back.The producer price index, a gauge of prices that producers get for their goods and services in the open market, declined 0.2% for the month, the Labor Department's Bureau of Labor Statistics...