New developments this week show Americans, unlike Europeans, trust the consumer more than the government on tech regulation. Read More
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‘Help is on the way’—America gets out its checkbook, and global investors cheer
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Following Wednesday’s record close for the Dow, U.S. futures take off on Thursday. Read More
Holiday retail sales rose 3%, driven by online shoppers
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U.S. holiday season sales beat low expectations for the pandemic year as online shopping surged. Total retail sales grew 3% over the extended 75-day holiday period, versus a forecast of 2.4%, according to Mastercard SpendingPulse, which tracks online and in-store retail sales across all payment methods. The number is far better than the 3.5% drop […]
Ozy Media puts the worst of Silicon Valley deception on display
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The ongoing implosion of Ozy Media carries a similar theme to those of Theranos, Nikola, and WeWork. Read More