Hike

The Federal Reserve hiked interest rates by 25 basis points to a range of 5%-5.25%, as widely anticipated by the market, pushing borrowing costs to the highest level since September 2007. The U.S. central bank also hinted it might be done with the tightening cycle by eliminating a...

Amazon.com, Inc (NASDAQ: AMZN) founder Jeff Bezos has blasted President Joe Biden over his latest remarks asking gas companies to cut their prices amid rising inflation.  In a recent tweet, Biden urged gas stations to bring down the price and asked them to take immediate action.  My...

According to the latest AAA report, the average retail price for regular gasoline has hit $5 per gallon on Saturday for the first time.  Reports suggest that by the end of the week, prices reached $5 or more in nearly 20 states, with the highest prices on the West Coast. In California,...

Tesla Inc (NASDAQ: TSLA) on Saturday announced that it is going to increase the price of its Model Y Performance car in China by $1,552.  What Happened: According to the report announced on the Chinese microblogging website Weibo, the new price of Model Y will be RMB 387,...

The fares of Uber Technologies Inc (NYSE: UBER) and Lyft Inc (NASDAQ: LYFT) in the U.S. are at a record high, despite their drivers returning to work. The fares have risen month-to-month from February through July, WSJ reports quoting Rakuten Intelligence’s...

Apple (NASDAQ: AAPL) has updated its website, Apple.com, to announce that the 50 billionth app has finally been downloaded. The Cupertino, California-based tech giant unveiled its new app countdown -- and a $10,000 App Store giveaway -- on May 3. At the time, 49.2 billion apps had been downloaded....

Apple (NASDAQ: AAPL) is giving away $10,000 to the lucky man or woman who downloads the 50 billionth app within the App Store. Hike, an instant messaging app for iOS, Android, Windows Phone, BlackBerry (NASDAQ: BBRY) and an obscure Nokia (NYSE: NOK) format, has decided to raise the stakes a bit...