David Goldman, CNN Business, Author at newswatchplus.ph

The stock market is demanding the Fed take historic action on inflation

David Goldman, CNN Business — Wed, 15 Jun 2022 09:55:13 +0000

(CNN) ⁠— The stock market won’t be satisfied unless the Federal Reserve takes drastic action on inflation. Investors now overwhelmingly predict the Fed will raise rates by a remarkable three-quarters of a percentage point at the conclusion of its policy meeting Wednesday. That hasn’t happened since 1994, when Alan Greenspan ran the Fed. After raising

The post The stock market is demanding the Fed take historic action on inflation appeared first on newswatchplus.ph.

Russian TV journalist who protested Ukraine war on-air turns up in court

David Goldman, CNN Business — Wed, 16 Mar 2022 14:02:52 +0000

(CNN) — A Russian state television journalist who protested the invasion of Ukraine during a live news broadcast was found guilty Tuesday of organizing an “unauthorized public event.” A district court in Moscow said in a statement that Marina Ovsyannikova, an editor at Channel One, had been found guilty of the “administrative offense” and had

The post Russian TV journalist who protested Ukraine war on-air turns up in court appeared first on newswatchplus.ph.

Why your Wordle answers may be different than your friends’ starting today

David Goldman, CNN Business — Wed, 16 Feb 2022 06:25:17 +0000

(CNN) — Among the many appeals of the massively successful Wordle game is that it has just one solution per day. Every player in the world is trying to guess the same five-letter word. Well, it had only one until Tuesday. The New York Times, which bought Wordle two weeks ago, eliminated some of the

The post Why your Wordle answers may be different than your friends’ starting today appeared first on newswatchplus.ph.

Microsoft Office is getting a major redesign

David Goldman, CNN Business — Wed, 30 Jun 2021 17:40:20 +0000

(CNN) — Microsoft is redesigning Office to look more like Windows 11. Gone are the flat, bold colors atop the Office app command ribbons — forest green for Excel, deep blue for Word, burnt orange for PowerPoint, etc. They’ll be replaced with a neutral gray color, Microsoft announced in a blog post. Eliminating the toolbar colors

The post Microsoft Office is getting a major redesign appeared first on newswatchplus.ph.

The Fed will start winding down a program that saved the US economy

David Goldman, CNN Business — Thu, 03 Jun 2021 20:31:45 +0000

(CNN) — The Federal Reserve announced Wednesday that it will begin winding down a program that purchased tens of billions of dollars of corporate assets to shore up the economy during the pandemic. In a statement, the central bank said the facility was crucial to businesses during the depth of the recession. But as the economy

The post The Fed will start winding down a program that saved the US economy appeared first on newswatchplus.ph.

AP explains why it fired Emily Wilder for pro-Palestinian tweets

David Goldman, CNN Business — Mon, 31 May 2021 10:53:10 +0000

(CNN) — The Associated Press’ managing editor is speaking out after a firestorm that followed the ousting of former AP journalist Emily Wilder. Wilder was fired last week after serving just two weeks on the job. The AP said a series of Wilder’s pro-Palestinian tweets violated its social media policy, although the AP has not said

The post AP explains why it fired Emily Wilder for pro-Palestinian tweets appeared first on newswatchplus.ph.

Microsoft is finally getting rid of its most-hated product

David Goldman, CNN Business — Fri, 21 May 2021 06:31:33 +0000

(CNN) — The end is finally near for Internet Explorer, one of Microsoft’s most-reviled products that refused to die. Microsoft announced this week that it will end support for Internet Explorer 11 on June 15, 2022. That final nail in the coffin came after years of flirting with IE’s demise. For example, in August 2020,

The post Microsoft is finally getting rid of its most-hated product appeared first on newswatchplus.ph.

What is Dogecoin? How a joke became hotter than bitcoin

David Goldman, CNN Business — Sun, 18 Apr 2021 11:42:11 +0000

(CNN) — Dogecoin is the hottest, quirkiest cryptocurrency on the planet. The total value of the dogecoins in circulation is nearly $50 billion — not bad for a digital currency that started as a joke. It is the No. 5 most-valuable cryptocurrency on the market, according to CoinMarketCap, having increased more than 6,000% this year. The

The post What is Dogecoin? How a joke became hotter than bitcoin appeared first on newswatchplus.ph.

Elon Musk lost $27 billion last week

David Goldman, CNN Business — Mon, 08 Mar 2021 11:05:07 +0000

(CNN) — Elon Musk’s net worth plunged last week as tech stocks got hammered and Tesla shares’ stunning rise quickly unraveled. Wall Street is growing increasingly nervous about rising bond yields, which could make borrowing more expensive. That could eat into corporate profits, which is why investors have begun to reverse some of the positions they

The post Elon Musk lost $27 billion last week appeared first on newswatchplus.ph.

Bitcoin soars, nearing $50,000 for the first time

David Goldman, CNN Business — Mon, 15 Feb 2021 18:26:29 +0000

(CNN) — Bitcoin is this close to $50,000, continuing a stunning rise that has sent it soaring nearly $20,000 this year. The digital currency hit a record $49,714.66 Sunday before pulling back somewhat. Bitcoin is still up about 4% over the past 24 hours. Investors have sent the price of bitcoin skyrocketing during the pandemic as

The post Bitcoin soars, nearing $50,000 for the first time appeared first on newswatchplus.ph.