Business

Bill Gross is shorting US Treasurys and says inflation will be as high as 4% in coming months

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Reuters PIMCO co-founder Bill Gross told Bloomberg he’s short US Treasurys and expects inflation to rise to up to 4%. ...

Treasury: $242 billion in new relief payments already sent

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WASHINGTON (AP) – The Treasury Department says it has sent out 90 million economic impact payments totaling $242 billion since ...

Buy Now Pay Later Report: Market trends in the ecommerce financing, consumer credit, and BNPL industry

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Buy now, pay later solutions are continuing to grow in popularity as people seek alternative methods of financing. The BNPL ...

The future of BMW interiors is this massive touchscreen that can tell who’s speaking to it – see more

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The all-new BMW iDrive. BMW BMW’s iDrive infotainment and interface system just went through a major overhaul. It prioritizes voice ...

Apple received a boost in its legal tussle with French advertisers who had hoped to delay upcoming app-privacy changes – but it still faces an investigation into the proposed move

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Apple CEO Tim Cook. Karl Mondon/Digital First Media/The Mercury News via Getty Images France’s antitrust authority, the ADLC, is investigating ...

AT&T halting some free data services in response to California law

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By David Shepardson WASHINGTON (Reuters) – AT&T Inc said Wednesday it will halt some free data services in response to ...

Investor Chris Sacca highlights the key risks of betting on startups – and offers 3 tips for amateurs

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Chris Sacca. YouTube/Kevin Rose Chris Sacca highlighted the risks to amateur investors of backing startups. The billionaire venture capitalist pointed ...

AI IN BANKING: How forward-looking banks are using maturing AI solutions to design both customer- and employee-facing innovations

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Insider Intelligence publishes thousands of research reports, charts, and forecasts on the Banking industry. You can learn more about becoming ...

Elon Musk turns down $1 million offer for an NFT of his tweet, saying it ‘doesn’t feel quite right’

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Elon Musk has been a key driver of the craze for all things crypto Odd Andersen/Getty Images Elon Musk said ...

US sanctions 24 Hong Kong and Chinese officials ahead of a high-level meeting with Chinese diplomats

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Thousands take part in a pro-democracy march in Hong Kong on June 4, 2020. Ivan Abreu/SOPA Images/LightRocket via Getty Washington ...

France’s Sarkozy faces new trial over 2012 campaign finance

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PARIS (AP) – French former President Nicolas Sarkozy is scheduled to go on trial Wednesday on charges that his unsuccessful ...

Some UK financial firms blame COVID for missing target of women in senior roles

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By Huw Jones LONDON (Reuters) – Most financial firms and institutions signed up to a UK finance ministry backed charter ...

Volkswagen sees 2021 sales, earnings to rise, plans more electric car deliveries

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(Reuters) – Volkswagen said on Wednesday it expects its 2021 deliveries, sales and earnings to come in above the previous ...

Top US officials weigh North Korea options in talks in Seoul

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SEOUL, South Korea (AP) – Fresh off a stop in Tokyo, President Joe Biden’s top diplomat and defense chief traveled ...

Trump assures supporters that COVID-19 vaccination is safe

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WASHINGTON (AP) – Former President Donald Trump again urged people to be vaccinated against the novel coronavirus, saying he would ...

Cyber insurance startup Coalition raises $175 million at $1.75 billion valuation

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By Jane Lanhee Lee OAKLAND, Calif. (Reuters) – Cyber insurance startup Coalition Inc on Wednesday said it raised $175 million ...

US sanctions 24 Chinese and Hong Kong officials

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HONG KONG (AP) – The U.S. sanctioned an additional 24 Chinese and Hong Kong officials over Beijing’s ongoing crackdown on ...

21 GOP Attorneys General are pressing Biden’s administration for clarity on stimulus element

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President Joe Biden speaks about the COVID-19 relief package in the State Dining Room of the White House, Monday, March ...

Oil dips on demand worries despite surprise drop in U.S. crude stocks

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By Sonali Paul MELBOURNE (Reuters) – Oil prices slipped for a fourth day on Wednesday on worries about rocky demand ...

Sen. Sheldon Whitehouse asks AG Merrick Garland to probe 2018 FBI background check into Brett Kavanaugh, suggests it was ‘fake’

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Sen. Sheldon Whitehouse, a Democrat from Rhode Island, is among members of Congress who want to investigate President Donald Trump’s ...

Japan households amass record financial assets as COVID-19 crimps spending

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TOKYO (Reuters) – Japanese households’ financial assets hit a fresh record near 2 quadrillion yen last year, half of which ...

Munching maggots help Singapore startup secure lucrative biomaterial

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By Lee Ying Shan SINGAPORE (Reuters) – In a quiet, mainly residential district of Singapore, trays of writhing black soldier ...

Judge who said QAnon Shaman ‘blatantly lied’ during ’60 Minutes’ interview released 2 new videos disproving shaman’s claims

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Jacob Chansley on the Capitol grounds during the July 6 pro-Trump insurrection. Screenshot The court released two new videos Tuesday ...

As endangered birds lose their songs, they can’t find mates

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WASHINGTON (AP) – Male songbirds usually learn their tunes from adult mentors. But when aspiring crooners lack proper role models, ...

At least four GOP senators haven’t been vaccinated, and it’s by their own choice

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Getty/David Greedy Four Republican senators revealed that they have yet to receive a COVID-19 vaccine. Sens. Mike Braun, Ron Johnson, ...

Uber to give UK drivers minimum wage, pension, holiday pay

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LONDON (AP) – Uber is giving its U.K. drivers the minimum wage, pensions and holiday pay, following a recent court ...

The mysterious interstellar object ‘Oumuamua was a chunk of planet from another solar system, a new study says

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An artist’s impression shows interstellar object `Oumuamua as it passed through the solar system in October 2017. M. Kornmesser/European Southern ...

Army under fire from Congress over Fort Hood response

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WASHINGTON (AP) – Lawmakers expressed frustration Tuesday with how slowly improvements are being made to criminal investigation at Fort Hood, ...

The Triangle’s biotech scene is churning out jobs. It wants laid-off workers to fill them.

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The Triangle’s biotech industry had a record year in 2020. Now it wants more people to consider a career change.  ...

The Triangle’s biotech scene is churning out jobs. It wants laid-off workers to fill them.

OSTN Staff

The Triangle’s biotech industry had a record year in 2020. Now it wants more people to consider a career change.  ...