beaten a record set by open air chat app, signing up more than 100 million users in under five days. now, it was just last wednesday that threads went live on apple and android app stores in 100 countries. meta boss mark zuckerberg said he couldn t believe the milestone had been reached so fast, but it feels like lots of people are already on it. well, that s partly because it s connected to instagram. meta, remember isn t creating an app from scratch. it s benefiting from its two billion instagram followers, and that s giving it a massive shot in the arm. analysts are calling this the first serious threat to the elon musk owned twitter. according to similarweb, twitter s web traffic was down 11% from the year prior. that s in the days immediately after threads launch. it s worth remembering threads is not the first attempt to challenge the micro blogging app, but others such as mastodon, blue sky and truth social, well, they all remain still pretty small right now. as histor
quicklx the fed has tightened policy quickly. a increase in excellent bit over a year and that excellent bit over a year and that is excellent bit over a year and that is huge, historically it s a enormous increase and i think is a lot, a enormous increase and i think is a lot, there is one view that is a lot, there is one view that the is a lot, there is one view that the fed should wait to see the impact of what they have dona any break may be short lived. us inflation is still running well above the fed s 2% target. so the pain from higher borrowing costs to companies and to consumers is likely not over, according to diane swonk, chief economist at kpmg in the us, who believes the fed will raise rates again injuly. pauses not at an end. we have seen pauses not at an end. we have seen the pauses not at an end. we have seen the fed play overgrown with seen the fed play overgrown with words like skip they don t want with words like skip they don t want to
Global Market: Asia stocks gain, much riding on China stability efforts financialexpress.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from financialexpress.com Daily Mail and Mail on Sunday newspapers.
Asian stocks firmed on
Wednesday as investors waited to see if Beijing s increasingly
frantic efforts to prop up its sagging share markets would
actually work, while bonds enjoyed a reprieve from.
Asian stocks firmed on
Wednesday as investors waited to see if Beijing s increasingly
frantic efforts to prop up its sagging share markets would
actually work, while bonds enjoyed a reprieve from.