Fed Is Cutting Interest Rates and Here’s Why

Fed Is Cutting Interest Rates and Here’s Why

The US economy might currently seem to be in the best position because of the high growth rate and low unemployment rates, which trump government has managed to achieve, but deep down lies the trouble. Feds have decided on Oct 30 to cut interest rates for the third time in a row, which is making many financial advisors worried about the current economic situation. The US government is doing its job by expanding to various sectors and taking the whole economy upwards. There are even some reports which show that…

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Pure Storage blames the pricing environment for missing revenue

Pure Storage blames the pricing environment for missing revenue

Pure Storage Inc. joined a group of hardware companies that thwarted hopes of a rebound in the second half of the year, attributed its harsh pricing environment and economic slowdown to its third-quarter revenue shortfall and weaker fourth-quarter outlook. On Thursday, after the organization’s disappointing results, Pure Storage PSTG shares fell by -1.05% in after-hours trading, a drop of nearly 24%. The company’s stock has risen 24% so far this year, tracking the S&P 500’s SPX gains this year, -0.16% SPX and -0.16%, although the company has now lowered its…

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Entirely New Type of Superconductor Having A New Property Of Matter

Entirely New Type of Superconductor Having A New Property Of Matter

For long years’ scientist follow the principal copper couples, the electron pair that enable that allows superconductors to conduct electricity without the struggle to the flow. The electron pair either move freely inside the matter, creating a superconductor state or they jammed up inside the matter & they don’t allow electrons to flow, creating an insulating type of the matter. But new research published on 14 November in the journal of science stated that copper pairs conduct the electricity with some resistance. And this will require new theoretical explanations. Mr….

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Facebook Announces ‘Military And Veterans Hub’

Facebook Announces ‘Military And Veterans Hub’

In a bid to help active military members as well as veteran and their families, social media giant Facebook has launched a new resource called the ‘Military and Veterans Hub.’ The new resource will help them to improve their digital literacy and find better employment opportunities. The new resource will use the internet’s greatest strength which is its ability to connect people with one another across great distances. This strength has helped reducing the harrowing time of family members of active military members when they get posted in faraway lands…

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Bill Gates claims that if not for the Microsoft antitrust case, people would use Windows Mobile

Bill Gates claims that if not for the Microsoft antitrust case, people would use Windows Mobile

Bill Gates said on Wednesday that Windows might have been the dominant computer operating system in the world had it not been for the U.S. case of antitrust. The Department of Justice filed against Microsoft. “There’s no question that the antitrust lawsuit was terrible for Microsoft, and we’d have focused more on building the mobile operating system, so in its place of consuming Android now, you’d like to know. Would use Windows Mobile had it not been for the antitrust case, “Gates, Microsoft’s co-founder, and board member, told DealBook at…

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Federal Investigation being faced by Under Armour for their Accounting Practices

Federal Investigation being faced by Under Armour for their Accounting Practices

Under Armour Inc. is an American Multinational Company, manufactures casual apparel, footwear, and sports. Under Armour has been facing federal investigation which is led by the Justice Department and also the Securities and Exchange Commission on their accounting practices, which were carried out in their company. From July 2017, Under Armour has been responding to the investigations and are submitting their documents related to accounting practices since then. Company personnel said that the company is cooperating with both SEC and Federal Dept. and firmly believes that the company was doing…

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