Business News

Musk's Neuralink Hopes to Implant Computer in Human Brain in Six Months
Thu, Dec 1st 2022 at 3:50 am
Elon Musks Neuralink Corp. aims to start putting its coin-sized computing brain implant into human patients within six months, the ...
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Bankman-Fried Denies Trying to Commit Fraud at Fallen FTX Empire
Thu, Dec 1st 2022 at 2:04 am
Mystery continues to shroud the missing billions at bankrupt crypto exchange FTX after its disgraced founder Sam Bankman-Fried denied trying ...
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Sam Bankman-Fried on prospect of prison: This isn't the time and place to think about that
Thu, Dec 1st 2022 at 1:13 am
The disgraced founder of crypto exchange FTX, which went broke after raiding customer funds, says he isn't particularly focused on ...
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'I've had a bad month': Sam Bankman-Fried defends FTX collapse, deflects blame in bizarre interview he says went against advice of lawyers
Thu, Dec 1st 2022 at 12:18 am
In a nearly 90-minute interview at the New York Times Dealbook Summit on Wednesday, disgraced FTX Co-Founder and former CEO ...
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Here's what history says about stock market performance in December
Wed, Nov 30th 2022 at 8:44 pm
THE TELL U.S. stocks are wrapping up a good November that saw equities to bounce off their 2022 lows set ...
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Federal Reserve Chair Jerome Powell hints at smaller rate hike next month in speech
Wed, Nov 30th 2022 at 7:39 pm
Fed Chair Powell signaled rate hikes will likely slow next month but rates will likely rise further than thought to ...
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U.S. gas prices plunge toward $3 a gallon as demand drops worldwide
Wed, Nov 30th 2022 at 6:52 pm
The price of gas is back to where it was before Russia invaded Ukraine and is heading toward $3 a gallon. ...
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Powell signals 0.50% rate hike in December, citing need to 'moderate' pace
Wed, Nov 30th 2022 at 6:30 pm
It makes sense to moderate the pace of our rate increases as we approach the level of restraint that will ...
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Sam Bankman-Fried's Red Flags Were Seen in All Corners of His Empire
Wed, Nov 30th 2022 at 5:50 pm
On paper, the nonprofit Our World in Data is neatly aligned with Sam Bankman-Frieds worldview. It focuses on terrifying problems, ...
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Suze Orman says, 'We're heading downhill very fast,' unless employers start providing this lucrative benefit to their workers
Wed, Nov 30th 2022 at 5:41 pm
KEY WORDS Americans trying to save some cash for unforeseen expenses are up against a lot months of red-hot inflation, ...
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Shopping small this holiday can boost local businesses and find you unique gifts
Wed, Nov 30th 2022 at 4:49 pm
Small businesses offer some of the most original, highest quality and delicious gifts. You can support your fellow entrepreneurs at ...
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Pending Homes Fall 4.6% in October, Fifth Month of Decline
Wed, Nov 30th 2022 at 4:12 pm
Pending home sales fell for the fifth consecutive month in October, as high mortgage rates dampened demand, the National Association ...
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US job openings fell in October to still-high level
Wed, Nov 30th 2022 at 3:15 pm
U.S. job openings dropped in October but remained high, a sign that businesses became slightly less needy for workers ...
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The US economy's growth was stronger than expected in the third quarter
Wed, Nov 30th 2022 at 2:58 pm
The US economy grew much faster than expected in the third quarter, according to the latest gross domestic product report, ...
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Citi warns 'rolling recessions' will shake global economy in 2023
Wed, Nov 30th 2022 at 1:21 pm
The global economic outlook for 2023 is murky at best, economists at Citi warn. "As we survey the prospects for the ...
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Elon Musk says the Fed must cut rates 'immediately' to stop a severe recession
Wed, Nov 30th 2022 at 12:35 pm
In a tweet early Thursday, Musk called on the Fed "to cut interest rates immediately" or risk "amplifying the probability ...
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'Big Short' investor Michael Burry sounds the recession alarm, warning the US economy faces a multiyear downturn
Wed, Nov 30th 2022 at 12:18 pm
Burry has predicted a slump in consumer spending, a blow to company profits, and economic pain as households move closer ...
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'Big Short' investor Michael Burry sounds the recession alarm, warning the US economy faces a multi-year downturn
Wed, Nov 30th 2022 at 12:18 pm
Burry has predicted a slump in consumer spending, a blow to company profits, and economic pain as households move closer ...
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3 energy companies vying to build new Czech nuke reactor
Wed, Nov 30th 2022 at 12:01 pm
Three energy companies including U.S. Westinghouse, Frances EdF and Koreas KHNP will by vying to build the Czech Republics ...
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Amazon stock: Here's how bad one analyst thinks it could get
Wed, Nov 30th 2022 at 11:59 am
The slide in Amazon stock may be just getting going as concerns mount on the outlook for the tech giant's ...
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