Business

Musk Becomes World’s First Trillionaire As SpaceX Shares Jump

Musk Becomes World’s First Trillionaire As SpaceX Shares Jump

Shares in Elon Musk’s SpaceX jumped 11 percent to $150 on their first day of trading Friday after the biggest initial public offering in history, making the polarizing entrepreneur the ...

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The World’s 50 Largest Banks By Assets

Banks sit at the center of the global financial system, and the assets they hold help move credit, deposits, and…

Gamma And Momentum: A Recipe For Spikes And Tears

Intel (INTC) shares have risen 90% over the…

Which Countries Use The Most Electricity?

Electricity demand reveals how countries power their economies,…

Shake Shack Shares Crash Most On Record; McDonald’s CEO Warns Of Faltering Consumer

Shake Shack shares crashed the most on record after the burger chain reported weaker-than-expected first-quarter revenue and adjusted EBITDA, with…

Paramount Begs FCC For Green Light On Middle Eastern Sovereign Funds

Paramount isn’t just merging with a rival — it is exploding in size This article was written by J. Mitchell…

Charted: U.S. Consumer Debt Approaches $16 Trillion

Charted: U.S. Consumer Debt Approaches $16 Trillion According to the Federal Reserve (Fed), U.S. consumer debt is approaching a record-breaking $16 trillion….

A New Paradigm: Interest Grows Even When Total Debt Shrinks

The Treasury reduced the total debt by $27B in April. This is not atypical since Tax Day falls in April. In…

What Are The Most Produced Cash Crops In Africa?

  Agriculture makes up nearly 20% of Sub-Saharan Africa’s economy—a higher percentage than any other region worldwide. From Nigeria to the fertile land…

Retrofitting Empty American Offices In ‘Remote’ Times, Spatially And Structurally

The dawn of the ‘Remote Work Era’ has called into question the necessity of the American office, in all of its…

Nintendo ‘Mario Movie’ Leaks: DMCA Used To Suppress Spoiler Discussion

Nintendo’s highly anticipated ‘Mario Movie’ will be delayed until spring 2023, so in the meantime, fans are posting rumors and speculation…

The Trouble For Big Tech Stocks In Two Charts

This month (so far) has been the worst for the Nasdaq since the stock market was in the throes of the Great Financial…

Netflix: “It’s A B**ch” CEO Says After Shares Cratered 35%

“It’s a b**ch.” That’s how Netflix CEO Reed Hastings reportedly commented on the turn of faith for one of the growth darlings. We…

How Do The Big-Tech Giants Make Their Billions?

In 2021, the Big Five tech giants – Apple, Amazon, Google (Alphabet), Meta, and Microsoft – generated a combined $1.4 trillion in revenue….

Disney’s Corporate Welfare Is Modern Mercantilism

Florida’s government is poised to revoke the longstanding special favors that the state granted the Walt Disney Company nearly five decades ago. As of Thursday…

More Inflation Pain: Producer Prices Chart Biggest Increase Ever

The mainstream seemed to take the March CPI data as good news. With core CPI coming in below expectations, the narrative is that we’ve…

We May Be Entering The ‘Down Phase’ Of The Economic Cycle

On June 29, 1914, Emperor Franz Joseph of Austria-Hungary sat quietly while his ‘experts’ debated what to do next. The Emperor’s…

Housing Affordability Declines Nearly 23 Percent In Less Than A Year

Starting March of 2021, the National Association of Realtors (NAR) made Housing Affordability Data available to the St. Louis Fed. This article was…

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One of the primary subject matters that U Cast Studios and U Cast News covers is Business. Our business articles range from a variety of different opinions, beliefs, and perspectives. 

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U Cast Studios covers a variety of different topics including business, business news, employment numbers, and trends in the business world.