Holiday Retail Sales Rise 8.3% Defying The Pandemic

U.S. holiday retail sales in 2020 were unexpectedly high compared to last year and came in significantly higher than the previous forecast, according to the National Retail Federation or NRF. Retail sales for the November-December 2020 holiday season grew 8.3 percent from the prior-year period to $789.4 billion. The figures exclude automobile dealers, gasoline stations and restaurants. The strong increase […]

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This Is the Worst Movie Sequel Ever Made

Movie sequels and prequels are more common than ever. At their best, sequels are a win for both the studios that produce them and the audiences who get to enjoy yet another installment of a familiar story. Not all movies are created equal, however. Some sequels leave moviegoers wishing they had never been made. Major movie studios are almost certain […]

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Cryptocurrency market value tops $1 trillion as Bitcoin surges

More On: cryptocurrency Bitcoin hits new record above $35,000 following massive drop Jack Dorsey rails against feds’ proposed cryptocurrency rules Bitcoin as ‘alternative’ currency for investors? It could happen Bitcoin price plunges after reaching all-time high The value of the cryptocurrency market topped $1 trillion for the first time Thursday as Bitcoin surged to yet another record high. The world’s […]

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President Joe Biden plans to sign executive orders boosting workers' rights and pushing for a $15 minimum wage for federal staff

President Joe Biden plans to sign two executive orders Friday focused on workers' rights. One will ensure people can still claim employment benefits if they turn down a job that poses a risk to their health. The other paves the way to further legislation on Biden's promise of a $15 hourly minimum wage. Visit Business Insider's homepage for more stories. […]

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Snapchat Permanently Bans Trump

Image-centric social media network Snapchat has permanently banned President Donald Trump from its platform over his “attempts to spread misinformation, hate speech, and incite violence.” The American multimedia messaging app developed by Snap Inc. last week had announced an indefinite suspension of Trump’s Snapchat (SNAP) account. In a statement Wednesday, a Snapchat spokesperson said the company has been assessing what […]

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Biden Names Democrat Hanson as Chair of Nuclear Regulator

President Joe Biden designated Christopher Hanson, currently a commissioner on the Nuclear Regulatory Commission, as the agency’s new chairman, effective immediately. Hanson is a former staff member of the Senate Appropriations Committee and adviser in the Energy Department’s Office of Nuclear Energy. He’s been a Democratic commissioner of the NRC since June 2020, filling the remainder of a term ending […]

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Exxon SEC Probe Highlights Concerns Over Inflated Shale Reserves

The Securities and Exchange Commission has been largely silent on the financial wreckage of the U.S. shale industry in recent years, but that may be about to change. The top U.S. financial regulator’s reported investigation into how Exxon Mobil Corp. values shale assets follows years of concerns about the industry’s rosy projections, which have left hundreds of billions of dollars […]

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Conservatives flee to Parler following Twitter's permanent suspension of Trump

Google Play Store pulls Parler as Silicon Valley cracks down on speech Parler chief policy officer Amy Peikoff responds to restriction on ‘Tucker Carlson Tonight’ Conservative personalities and politicians are flocking to the social media app Parler after Twitter permanently banned President Trump's account Friday. "It appears @parler_app servers are overwhelmed by people leaving @Twitter.  Good luck guys, keep up your […]

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