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Real-time News
On February 8, Roblox (RBLX.N) was under investigation by the U.S. Securities and Exchange Commission. In a response letter on Friday, the commission said that it could not share information related to the relationship between its staff and Roblox, saying that it might affect the ongoing law enforcement process. The commission said that it had confirmed with law enforcement staff that there were email exchanges between law enforcement officers and Roblox, and that these emails were part of the ongoing investigation.On February 8, an internal memo showed that Facebook owner Meta Platforms (META.O) plans to carry out expected layoffs across the company next week while accelerating the recruitment of machine learning engineers. The memo shows that layoff notices in most countries (including the United States) will be issued starting at 5 a.m. local time on Monday. Employees in Germany, France, Italy and the Netherlands will not be affected by layoffs "due to local regulations", while employees in more than a dozen other countries in Europe, Asia and Africa will receive notices between February 11 and February 18.On February 8, Ukrainian President Zelensky recently proposed that Ukraine should "return" its nuclear weapons. In response, Kellogg, the special envoy appointed by US President Trump on the Russia-Ukraine conflict, said that it is "impossible" for Ukraine to regain its nuclear weapons.The Dow Jones Industrial Average closed at 444.23 points, or 0.99%, at 44,303.40 on Friday, February 7. The S&P 500 closed at 6,025.99 on Friday, February 7, down 57.58 points, or 0.95%. The Nasdaq Composite closed at 19,523.40 on Friday, February 7, down 268.59 points, or 1.36%.On February 8, the balance of outstanding consumer debt in the United States unexpectedly hit a record high in December, reflecting the rise in credit card balances and non-revolving credit. According to data released by the Federal Reserve on Friday, total consumer credit increased by $40.8 billion in December, and the November data was revised to a decrease of $5.4 billion. The figure exceeded the estimates of all economists surveyed by Bloomberg. The data is not adjusted for inflation. The balance of outstanding credit cards and other revolving debt increased by $22.9 billion, greatly reversing the decline in the previous month.
