US Inflation Eased Again To 6.5% As Inflation Loosens Grip
WASHINGTON (AP) — Rising U.S. consumer prices moderated again last month, bolstering hopes that inflation’s grip on the economy will continue to ease this year and possibly require...
Report Says Israeli Tech Investments Nearly Halved In 2022
TEL AVIV, Israel (AP) — Investments in Israel’s tech sector dropped by nearly half in 2022, reflecting a global economic slowdown, a nonprofit group reported Tuesday.
Startup Na...
Another Round Of Coinbase Job Cuts, 20% Of Workforce Let Go
NEW YORK (AP) — Cryptocurrency trading platform Coinbase is cutting approximately 20% of its workforce, or about 950 jobs, in a second round of layoffs in less than a year.
The ...
Bed Bath & Beyond Warns About Bankruptcy As Sales Slump
NEW YORK (AP) — Struggling Bed Bath & Beyond warned on Thursday that the home goods retailer may need to file for bankruptcy as sales continue to drop and it struggles to attra...
Tesla Shares Tumble After Company Misses Delivery Target
DETROIT (AP) — Shares of Tesla tumbled Tuesday on the first full day of trading since the company announced 2022 delivery numbers that fell short of targets.
The electric vehicl...
Bank Of Israel Hikes Interest Rate To Highest Level Since 2008
JERUSALEM (JNS) - The Bank of Israel Monetary Committee has increased the country’s interest rate to 3.75%—representing a 0.5% rise, the central bank’s largest since 2008.
“Infl...
Tesla Says It Sold A Record 1.3 Million Vehicles Last Year
AUSTIN, Texas (AP) — Tesla said Monday that sold a record 1.3 million vehicles last year, but the number fell short of CEO Elon Musk's pledge to grow the company's sales by 50% nea...
NYC Nurses, Hospitals Resume Contract Talks; Some Reach Pact
NEW YORK (AP) — A strike by thousands of New York City nurses loomed Monday even as nurses at one hospital reached a tentative agreement hours before their contract was set to expi...
May a Camp Take a Counselor’s Tips?
by Rabbi Yair Hoffman for 5tjt.com
L'chvod Rabbi Hoffman,
My daughter was a counselor in camp this past summer. The camp collected her tips from the campers as they do from ...
Netflix Slammed for Portraying Jewish Criminal With Horns
NEW YORK (VINnews) — Critics are accusing Netflix of employing antisemitic imagery to promote a new film about Bernie Madoff.
The streaming service depicted Madoff in an ad with...
Rocky Ride: Tesla Stock On Pace For Worst Year Ever
NEW YORK (AP) — Owning Tesla stock this year has been anything but a smooth ride for investors.
Shares in the electric vehicle maker are down nearly 70% since the start of the y...
The Cost Of Hate: Adidas Stuck With $530 Million Of Ye Merch
NEW YORK (JNS) - Hip-hop mogul Ye, formerly known as Kanye West, is not the only one taking a huge financial hit from the fallout of his series of antisemitic remarks.
Followin...
Elon Musk Tells Investors He’ll Pause On Tesla Stock Sales
NEW YORK (AP) - CEO Elon Musk says he won't sell any more shares in Tesla for 18 months or more, likely an attempt to comfort shareholders of the electric vehicle company who have ...
Tesla Offers Rare Year-End Discounts On 2 Top-Selling Models
DETROIT (AP) — Tesla Inc. is offering rare discounts through year's end on its two top-selling models, an indication that demand is slowing for its electric vehicles.
The Austin...
Associates Of FTX Founder Plead Guilty To Criminal Charges
NEW YORK (AP) — Two of Sam Bankman-Fried's top associates secretly pleaded guilty to criminal charges in the collapse of the cryptocurrency exchange FTX and are cooperating with in...
Consumer Confidence Bounces Back, Ending Year On High Note
WASHINGTON (AP) — The confidence of American consumers rebounded this month to end the year on a high note despite high inflation, rising interest rates that have made credit cards...
US Home Sales Fell In November, The 10th Consecutive Month
LOS ANGELES (AP) — Sales of previously occupied U.S. homes slowed for the tenth consecutive in November, constrained by a tight inventory of properties on the market and mortgage r...
Musk Says Twitter In Precarious Position, Defends Cost Cuts
SAN FRANCISCO (AP) — Elon Musk is defending his massive cost-cutting at Twitter as necessary for the social media platform to survive next year, due in part to debt payments tied t...
Wells Fargo To Pay $3.7B Over Consumer Law Violations
WASHINGTON (AP) — Consumer banking giant Wells Fargo agreed to pay $3.7 billion to settle a laundry list of charges that it harmed consumers by charging illegal fees and interest o...
US Recession A Growing Fear As Fed Plans To Keep Rates High
WASHINGTON (AP) — After scaling 40-year highs, inflation in the United States has been slowly easing since summer. Yet the Federal Reserve seems decidedly unimpressed — and unconvi...