Net neutrality rules will officially end on April 23

Net neutrality rules will officially end on April 23

What is net neutrality? The end of net neutrality is officially set to come this spring. The Federal Communications Commission’s repeal of net neutrality is scheduled to take effect on April 23, according to a copy of the order was published with the Federal Register on Thursday. The Republican-led FCC voted along party lines in → Read More

Hedge fund billionaire: 70% chance of recession before 2020 election

Hedge fund billionaire: 70% chance of recession before 2020 election

Goldman Sachs CEO Lloyd Blankfein: ‘I haven’t felt this good since 2006’ The roaring American economy will probably sink into a recession before President Trump stands for re-election in 2020. At least that’s the view of Ray Dalio, the billionaire investor who predicted the 2008 financial crisis. Read More

Subway has a new loyalty program to turn around its slumping sales

Subway has a new loyalty program to turn around its slumping sales

5 stunning stats about the fast food industry Subway is launching a new rewards program to win back customers. Starting next month, customers will be able to sign up for a loyalty program that offers, among other things, $2 off any menu item for every $50 customers spend. Read More

S&P frets over Gibson Guitars' debt problem

S&P frets over Gibson Guitars' debt problem

Iconic American guitar manufacturer Gibson is facing some financial blues. Standard & Poor’s downgraded Gibson Brands on Wednesday over concerns that it might default on more than $500 million in corporate debt this summer. Read More

Cryptojackers are hacking websites to mine cryptocurrencies

Cryptojackers are hacking websites to mine cryptocurrencies

Forget bitcoin, these are the 8 craziest cryptocurrencies Hackers have a new trick up their sleeves: hijacking computers to generate digital coins. As bitcoin and other cryptocurrency prices soar, “cryptojacking” attackers surreptitiously take over web browsers, phones and servers to make some serious profit. “Every avenue out there is being exploited on any kind of → Read More

Ex-Google engineer: I was fired for pushing back on discrimination

Ex-Google engineer: I was fired for pushing back on discrimination

Google CEO condemns anti-diversity memo A former Google engineer is accusing the company of firing him after he spoke out about incidents of racism, sexism and harassment. Tim Chevalier is suing Google (GOOGL) for retaliation, wrongful termination and failure to prevent discrimination and harassment, according to a lawsuit filed in San Francisco on Wednesday. Silicon → Read More

SpaceX notches another launch

SpaceX notches another launch

Watch the launch of SpaceX’s Falcon Heavy Elon Musk sent another rocket into space on Thursday. SpaceX launched a rocket from Vandenberg Air Force Base in California carrying three satellites. The company confirmed that one satellite, Spain’s PAZ, successfully made it into orbit. Also aboard the Falcon 9 were two satellites designed to test the → Read More

He can afford to pay off his student debt faster. But should he?

He can afford to pay off his student debt faster. But should he?

How to talk to your kid about paying for college I have a student loan with a balance of $95,000 that has an interest rate of 2.4% over 20 years. I save at least 18% of each paycheck for retirement and only pay the minimum on my student loan balance. If I have money left → Read More

3M and H&M probe claim they used Chinese prison labor

3M and H&M probe claim they used Chinese prison labor

Three big Western companies are investigating allegations that prisoners in China made packaging bearing their brand names. Household products group 3M, and fashion retailers H&M and C&A are responding to an article published by the Financial Times last week in which a British corporate investigator who was imprisoned in China said he witnessed fellow inmates → Read More

Amazon hits $1,500 for the first time ever

Amazon hits $1,500 for the first time ever

5 stunning stats on Amazon Amazon is unstoppable right now. Jeff Bezos’ machine touched $1,500 a share Wednesday for the first time ever. Amazon’s (AMZN) stock is up 27% in 2018 even though the broader market is about flat on the year. Read More

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