Airbnb warns of weak demand, says travelers waiting until last minute to book
Airbnb on Tuesday forecast weaker-than-expected third-quarter revenue and warned of a shorter booking window, suggesting economic uncertainty is causing travelers to wait until the last minute to book, sending its shares down 15% after the close. Domestic travel in the U.S. has been under pressure since the start of the year as concerns about the […]
Uber tops second-quarter revenue, profit estimates on strong ride demand as employees return to in-office work
Uber beats Wall Street expectations for second quarter Sales and profit rose on Tuesday from the previous quarter as demand for rides increased as employees returned to working in offices at closer to pre-pandemic levels. Revenue rose 16 percent to $10.7 billion, beating LSEG’s analyst forecast of $10.57 billion. Total bookings rose 19 percent to […]
Watchdog claims victory over Pentagon animal testing as lawmakers demand accounting of taxpayer funds
After several lawmakers criticized the Pentagon for authorizing painful experiments on dogs, animal testing watchdogs said the agency was just the latest to be exposed. Now, one by one, agencies are being forced to halt their tests. A month after Fox News broke the story, Rep. Young Kim, Republican of California, and Rep. Donald Davis, […]
9/11 families, lawmakers praise Lloyd Austin and demand trial date after reversal of terrorist plea deals
Relatives of 9/11 victims and members of Congress praised Defense Secretary Lloyd Austin for “doing the right thing” Friday by revoking plea deals that would have spared the death penalty for the three masterminds of the terror attacks. They now hope that justice will be served and a trial date will be set “immediately.” “Thank […]
Panicked Democrats Demand Rate Cuts Now
Democrats on Friday called on the central bank to cut interest rates now as unemployment continues to soar. The unemployment rate jumped to 4.3% and payrolls added 114,000 jobs in July, well below the 180,000 that economists had expected. John Carney, economics editor at Breitbart News, noted that a significant increase in the unemployment rate […]
California fast food workers demand another minimum wage increase — four months after $4 raise
Wage war! Fast food workers in California are calling for another minimum wage increase, just months after the state raised its minimum wage from $16 to $20 an hour. of California Fast Food Workers Union The union, an affiliate of the State Service Employees International Union (SEIU), announced the new list of demands at the […]
Wayfair CEO says demand for home goods are at ‘great financial crisis’ levels
Wayfair shares are plummeting after its CEO said on an earnings conference call that demand for home goods is at “financial crisis” levels. The struggling online furniture giant reported second-quarter profits on Thursday that missed Wall Street expectations on both the top and bottom lines, sending its shares down more than 11%. Furniture giant Wayfair […]
Apple’s iPhone sales better than expected as demand picks up ahead of AI launch
Apple Inc. on Thursday forecast solid growth after third-quarter iPhone sales beat Wall Street expectations despite disappointing overall performance in China. The company’s shares rose 1% in after-hours trading. Apple said its fourth-quarter sales would grow at the same rate as the 4.9% increase in the April-June quarter. LSEG data showed sales of $85.78 billion […]
Gold Demand Trends Q2 2024 – World Gold Council
Copyright and Other Rights © 2024 World Gold Council. All rights reserved. World Gold Council and the Circle device are trademarks of World Gold Council or its affiliates. References to the LBMA Gold Price are used with permission from ICE Benchmark Administration Limited and are for informational purposes only. ICE Benchmark Administration Limited takes no […]
Georgia Democrats and Republicans Find Common Ground, Demand Switch to Paper Ballots
Democrats and Republicans in Georgia have found common ground, calling on the state elections board to phase out electronic voting machines and switch to paper ballots. The two political parties in the state It is called According to 11Alive News, the Georgia Board of Elections is calling for the state to switch from using Dominion […]