It's 'Going to Get Worse'

It’s ‘Going to Get Worse’

Match Group has a problem: The parent of Match.com, Tinder, Hinge, OkCupid, and other dating apps has abusive users it’s known about for years but has kept under wraps. That’s per the Guardian, which centers on Stephen Matthews, a doctor serving a 158-year prison sentence for sexually assaulting women he met through Hinge and…

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China's Nov industrial profits narrow decline but demand remains soft

China’s Nov industrial profits narrow decline but demand remains soft

BEIJING (Reuters) -China’s industrial profits fell at a slower clip in November, official data showed on Friday, offering some respite to an embattled sector even as persistently soft domestic demand delays a recovery. The world’s second-largest economy has been struggling to mount a strong post-pandemic revival, as business and household appetites for spending and investment…

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Microsoft and Meta profits are soaring but their stocks are sagging because both companies aren't building data centers fast enough

Microsoft and Meta profits are soaring but their stocks are sagging because both companies aren’t building data centers fast enough

NEW YORK (AP) — Wall Street is feeling the downside of high expectations on Thursday, as Microsoft and Meta Platforms drag U.S. stock indexes lower despite delivering strong profits for the summer. The S&P 500 was down 1.6% in midday trading and on track for its worst day in nearly eight weeks, falling further from its record set earlier this month….

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