Business News

High Anxiety: China's Covid And U.S. Inflation
Thu, Nov 10th 2022 at 10:49 am
Some risk-off activity is being linked to new Covid restrictions in some of China's largest cities. The US reports CPI ...
seekingalpha.com

Oppenheimer says Coinbase can still surge 90% even after FTX's 'Lehman Brothers moment'
Thu, Nov 10th 2022 at 10:16 am
There's still lots of upside in Coinbase shares despite the recent volatility within the broader crypto market, according to Oppenheimer.
cnbc.com

EU proposes emission rules for last combustion engine cars
Thu, Nov 10th 2022 at 10:15 am
The European Unions executive arm has proposed pollution standards for new combustion engine vehicles that are expected to remain on ...
seattletimes.com

Prices probably stayed high in October despite Fed's inflation fight
Thu, Nov 10th 2022 at 10:01 am
The Federal Reserve is hiking interest rates at the most forceful pace in decades but has seen limited progress so ...
washingtonpost.com

From a $32 billion valuation to a fire sale in 11 months: How FTX nosedived in spectacular fashion
Thu, Nov 10th 2022 at 10:00 am
"And once more, it's the retail investors who may pay the biggest price," Invezz analyst Dan Ashmore said of FTX's ...
msn.com

Musk's First Email to Twitter Staff Ends Remote Work
Thu, Nov 10th 2022 at 9:49 am
New Twitter Inc. owner Elon Musk emailed his workers for the first time late Wednesday to prepare them for difficult ...
msn.com

Inflation numbers from October expected to remain high
Thu, Nov 10th 2022 at 8:31 am
The Labor Department is expected to report today that consumer prices jumped 8% from 12 months earlier and by a sharp 0.6% from ...
cleveland.com

G20 watchdog in step-by-step approach to funds sector 'vulnerabilities'
Thu, Nov 10th 2022 at 8:05 am
Systemic vulnerabilities in investment funds and other "non-banks" that make up almost half the world's financial system will be addressed ...
reuters.com

China Province Tests Novel Way of Pricing Local Government Debt
Thu, Nov 10th 2022 at 5:52 am
The biggest issuer in Chinas 34 trillion yuan ($4.7 trillion) local government bond market is testing a new approach to pricing debt, ...
bloomberg.com

Merrick auto biz owner convicted of hiding income from IRS
Thu, Nov 10th 2022 at 4:43 am
A federaljury in Central Islip found Lorraine Pilitz, 64, guilty after a two week trial of illegally structuring financial transactions, corruptly ...
newsday.com

The Dallas Morning News' Top 100 Places to Work: Leaders listened, and their companies won
Thu, Nov 10th 2022 at 2:59 am
These bar-setting employers flexed their muscles by being highly adaptable, investing in technology to make working from home a more ...
dallasnews.com

American National Bank of Texas
Thu, Nov 10th 2022 at 2:59 am
Nearing 150 years old, American National Bank of Texas was founded in Terrell and is one of the oldest and largest ...
dallasnews.com

Facebook's parent company, Meta, to lay off more than 11,000 employees
Thu, Nov 10th 2022 at 2:36 am
Mark Zuckerberg announced the news to Meta employees Wednesday morning, saying: I want to take accountability for these decisions and ...
nbcnews.com

How 2023's Social Security COLA May Raise Retiree Tax Bills
Wed, Nov 9th 2022 at 5:27 pm
Understand how Social Security payments are adjusted for inflation and recognize the impact it could have on your taxes.
msn.com

Credit card interest rates hit record high
Wed, Nov 9th 2022 at 5:08 pm
The cost of carrying a balance on your credit card is now the highest it's been in more than 30 years....
msn.com

S&P 500 will fall another 16% before bottoming out at 3,200 in the middle of next year, UBS economist says
Wed, Nov 9th 2022 at 4:56 pm
U.S. stocks won't bottom out until the middle of next year as the Federal Reserve pivots back to lowering ...
msn.com

Bitcoin tumbles as investors panic over FTX failure
Wed, Nov 9th 2022 at 4:52 pm
The fallout in cryptocurrencies deepened Wednesday as investors were shaken by the failure of one of the sector's most hyped ...
msn.com

Stocks could rally 20% before the end of the year on a Republican victory in Congress and a cooler October inflation report, Fundstrat's Tom Lee says
Wed, Nov 9th 2022 at 3:09 pm
A Republican victory in Congress and easing inflation could be a "game changer" for stocks, Fundstrat's Tom Lee said.
msn.com

Adidas gives update after Kanye West fallout
Wed, Nov 9th 2022 at 3:03 pm
Adidas on Wednesday lowered its profit projections for the full year, saying its break-up with Yeezy is expected to affect ...
msn.com

Mortgage applications hit the lowest level since 1997 as key rate climbs to 7.14%
Wed, Nov 9th 2022 at 2:22 pm
American housing continues to get less affordable, with mortgage rates trending higher amid the Federal Reserve's aggressive interest rate hikes.
msn.com