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5 Dec 2022

DR Congo: Miner Glencore pays $180m in latest corruption case

The Swiss-based mining firm strikes a deal with DR Congo to settle corruption claims.

Source: BBC News

5 Dec 2022

Sam Bankman-Fried could face years in prison over FTX's $32 billion meltdown — if the U.S. ever gets around to arresting him

FTX founder Sam Bankman-Fried remains in the Bahamas, even as regulators are rumored to be building a case against him. Why isn't he in jail yet?

Source: CNBC

5 Dec 2022

Circle and Concord Acquisition Corp Mutually Agree to Terminate Proposed Business Combination

/PRNewswire/ -- Circle Internet Financial (Circle) and Concord Acquisition Corp (NYSE:CND), a publicly traded special purpose acquisition company, today...

Source: PRNewswire

5 Dec 2022

Bitcoin could plunge 70% to $5,000, Standard Chartered predicts, in possible 2023 'surprise'

The potential crash in bitcoin prices makes Standard Chartered's list of scenarios that its analysts feel are "under-priced by the markets."

Source: CNBC

5 Dec 2022

Jay Powell's dream of the 90s is dead

The US economy gained 263,000 jobs in November, 63,000 above the consensus estimate. The larger surprise was that average hourly earnings rose by 0.55%, the fastest pace since January.

Source: CNN

5 Dec 2022

Delta, pilots reach labor deal with 34% pay hike

Delta Air Lines has offered a 34% cumulative pay increase to its pilots over three years in a new contract, demonstrating the bargaining power aviators are enjoying in a short-staffed industry with booming travel demand.

Source: CNN

5 Dec 2022

Are salads healthy? Here's what you should add and avoid.

To build a better salad, you want ingredients that add fiber, nutrients and antioxidants, protein and healthy fats.

Source: The Washington Post

5 Dec 2022

Stocks making the biggest moves premarket: Silvergate Capital, MGM Resorts, Bilibili, Murphy Oil & more

These are the stocks posting the largest moves in premarket trading.

Source: CNBC

5 Dec 2022

BIS warns of $80 trillion of hidden FX swap debt

The Bank for International Settlements (BIS) has warned that pension funds and other 'non-bank' financial firms now have more than $80 trillion of hidden, off-balance sheet dollar debt in the form of FX swaps.

Source: Reuters

5 Dec 2022

China reopening, OPEC+ rollover, Foxconn revenue shock - what's moving markets By Investing.com

China reopening, OPEC+ rollover, Foxconn revenue shock - what's moving markets

Source: Investing.com

5 Dec 2022

Tesla, Chinese Rivals NIO, XPeng and Li Auto Dealt a Major Blow

Elon Musk's group and its Chinese rivals are often among the choices of investors betting on electric vehicles.

Source: TheStreet

5 Dec 2022

Morgan Stanley’s Michael Wilson Is a Seller of Stocks Again

(Bloomberg) -- Morgan Stanley strategist Michael Wilson is returning to the bear camp.Most Read from BloombergChina’s Covid Pivot Accelerates as Cities Ease ...

Source: Yahoo Entertainment

5 Dec 2022

European markets muted as investors gauge China's Covid relaxation, oil moves

European markets were muted on Monday, bucking a positive trend in Asia-Pacific markets overnight.

Source: CNBC

5 Dec 2022

Dogecoin Co-Founder Says Twitter Suspending Meme Accounts Spreading 'Positivity:' Elon Musk Responds - Do

Dogecoin (CRYPTO: DOGE) co-creator Billy Markus, who goes by the username Shibetoshi Nakamoto on Twitter, pointed out that many meme accounts had been suspended.

Source: Benzinga

5 Dec 2022

Tesla (TSLA) achieves record deliveries in China, but reportedly slows down output

Tesla (TSLA) achieved record deliveries and exports in China in November with over 100,000 China-made vehicles in a single month.

Source: Electrek

5 Dec 2022

How the gates closed on Blackstone's runaway real estate vehicle

News, analysis and comment from the Financial Times, the worldʼs leading global business publication

Source: Financial Times

5 Dec 2022

UK recession could turn into a 'lost decade'

The United Kingdom faces a "lost decade" of growth if action isn't taken to address slumping business investment and worker shortages, a leading business lobby group has warned.

Source: CNN

5 Dec 2022

Fed Could Pencil in Higher Interest Rates Next Year While Slowing Hikes in December

Brisk wage growth could lead officials to consider raising their policy rate above 5% in 2023 to fight inflation

Source: The Wall Street Journal

5 Dec 2022

Covid chaos at Foxconn iPhone plant causes 29% revenue fall

World’s biggest contract electronics manufacturer says Zhengzhou outbreak is now under control

Source: Financial Times

5 Dec 2022

Another OPEC? Indonesia hopes for a cartel for battery metals

Indonesia produces more nickel than any other country. As demand soars for batteries to power the energy transition, that presents a huge opportunity, and the archipelago nation of 276 million people intends to take advantage of it.

Source: CNN

5 Dec 2022

DHL is buying 2,000 electric Ford E-Transits as delivery vans

The electrified version of Ford's best-selling van is finding new friends.

Source: Ars Technica

5 Dec 2022

Treasury yields climb as investors digest jobs data, await ISM Services report

Treasury yields rose on Monday as investors awaited the latest ISM non-manufacturing purchasing managers’ index report and digested a slew of jobs data.

Source: CNBC

5 Dec 2022

Tim Draper predicts bitcoin will reach $250,000 next year despite FTX collapse: 'The dam is about to break'

Venture capitalist Tim Draper thinks bitcoin will hit $250,000 a coin by the middle of 2023.

Source: CNBC

5 Dec 2022

Tesla cuts Dec Model Y output at Shanghai plant by more than 20% versus Nov - sources

Tesla <a href="https://www.reuters.com/companies/TSLA.O" target="_blank">(TSLA.O)</a> plans to cut December output of the Model Y at its Shanghai plant by more than 20% from the previous month, two people with knowledge of electric vehicle (EV) giant's produc…

Source: Reuters

5 Dec 2022

‘How could you have an unemployment-less recession?’ Bank of America CEO Brian Moynihan says the latest jobs report supports his prediction of a ‘mild’ downturn

“The belief was when the Fed started raising rates that there would be an immediate snap to the economy,” Brian Moynihan said. “That didn't happen.”

Source: Yahoo Entertainment

5 Dec 2022

Aircraft concepts of the future from Airbus, Embraer

Airlines like United and Delta have invested millions into futuristic aircraft as the industry battles rising fuel prices and sustainability concerns

Source: Business Insider

5 Dec 2022

Foxconn sees COVID-hit China plant back at full output in late Dec-early Jan -source

Apple supplier Foxconn <a href="https://www.reuters.com/companies/2317.TW" target="_blank">(2317.TW)</a> expects its COVID-hit Zhengzhou plant in China to resume full production around late December to early January, a Foxconn source said on Monday, after wor…

Source: Reuters

5 Dec 2022

Stock Market Today: Dow, S&P Live Updates for Dec 5

Source: Bloomberg

5 Dec 2022

Finding the market tough right now? Here's how young investors can be smart with their money

Investing was hot earlier in the pandemic, but not anymore. Analysts share with CNBC Make It their top investing tips for a volatile market.

Source: CNBC

5 Dec 2022

Amazon to lay off 20,000 employees, including top executives

Amazon is reportedly expected to lay off twice the number of employees it previously confirmed.

Source: Greatandhra.com

5 Dec 2022

Ukraine war: Oil prices steady as cap on Russian crude looms

The G7 and its allies have agreed to limit the price of Russian oil to $60 a barrel.

Source: BBC News

5 Dec 2022

Bitcoin Sinks Further 70% in Standard Chartered List of Possible 2023 Upsets

(Bloomberg) -- Speculators cleaving to the view that the crypto rout is mostly over are at risk of a rude awakening in 2023, according to Standard...

Source: Yahoo Entertainment

5 Dec 2022

Asia shares bank on eventual China opening; oil gains

European stock indexes opened slightly lower on Monday, finding little support from an easing of China's domestic pandemic restrictions, after market sentiment was dampened by U.S. jobs data on Friday that raised fears of persistent inflation.

Source: Reuters

5 Dec 2022

BP doubles down on hydrogen as fuel of the future

BP chief executive Bernard Looney is betting on hydrogen to power future low-carbon businesses as the governments of major economies stump up cash to develop the fuel to decarbonise.

Source: Reuters

5 Dec 2022

UK economy to shrink in 2023, risks 'lost decade': CBI

Britain's economy is on course to shrink 0.4% next year as inflation remains high and companies put investment on hold, with gloomy implications for longer-term growth, the Confederation of Business Industry forecast on Monday.

Source: Reuters

5 Dec 2022

OPEC+ Pauses as Russia Sanctions and China Covid Rules Roil Crude Markets

Source: Bloomberg

5 Dec 2022

Meet Yahoo Finance's 2022 Company of the Year: Costco

Costco wins Yahoo Finance's coveted 'Company of the Year' award. Here are the biggest reasons why.

Source: Yahoo Entertainment

5 Dec 2022

You Found Out Your Co-Worker Makes More. Can You Ask for a Raise?

Harness the conversation about pay transparency to boost your own earnings

Source: The Wall Street Journal

5 Dec 2022

Rackspace customers rage as email outage continues and migrations create migraines

Hosting company has nothing to say on data loss, restore times, or root cause

Source: Theregister.com

5 Dec 2022

Hong Kong stocks jump 3% as China relaxes some virus rules

Shares in the Asia-Pacific rose on Monday as China relaxed virus testing rules in some cities.

Source: CNBC

5 Dec 2022

Drop in 10-Year Treasury Yield & Mortgage Rates Is Just Another Bear-Market Rally. Longer Uptrend in Yields Is Intact, with Higher Highs and Higher Lows

“Nothing goes to heck in a straight line.” That’s how functional markets adjust to a new reality: Higher inflation, higher rates.

Source: WOLF STREET

5 Dec 2022

Ukraine war: Oil prices rise as cap on Russian crude looms

The G7 and its allies have agreed to limit the price of Russian oil to $60 a barrel.

Source: BBC News

5 Dec 2022

New Hampshire native to become a historic hiker

One of the best hikers in the world is from New Hampshire and got back from a 4,800-mile hike a couple weeks ago.

Source: WMUR Manchester

5 Dec 2022

Dogelon Mars (ELON) Rallies 28%, Leaving Dogecoin, Shiba Inu In The Dust - SHIBA INU (SHIB/USD), Dogecoi

Dogelon Mars (CRYPTO: ELON), a meme coin, is rallying more than 28% in the past 24 hours, even as Dogecoin (CRYPTO: DOGE) and Shiba Inu (CRYPTO: SHIB) were

Source: Benzinga

5 Dec 2022

Live news: China stocks gain as easing of Covid curbs buoys markets

Source: Financial Times

5 Dec 2022

US Dollar Erases More Than Half of This Year's Gains on Fed Bets

Source: Bloomberg

5 Dec 2022

'A roar of applause': Dancing Grannies stage comeback after tragedy

Milwaukee, Wisconsin's Dancing Grannies practiced for an emotional comeback and danced in the 2022 Waukesha Christmas parade. The Grannies honored lost group members who died from a vehicular attack in 2021.

Source: CNN

5 Dec 2022

Nifty News: Reddit NFT mints reach all-time high, EU’s $400K Metaverse party flops and more

Minting of Reddit’s NFTs has hit an all-time high record, the EU’s $400,000 metaverse threw a party and November NFT sales jumped 16% from October.

Source: Cointelegraph

5 Dec 2022

Miracle Of Science: Scotch Tape Improves Generator

We were always amused that one of the biggest scientific discoveries of the recent past — graphene — was started with pencil lead and Scotch tape. Now, researchers at the University of …

Source: Hackaday

5 Dec 2022

Alameda ex-CEO Caroline Ellison spotted in New York, Twitter users claim

Accompanying what seems to be Caroline Ellison in the photos, there is also a pooch that looks eerily similar to the Golden Doodle collectively owned by FTX and Alameda execs.

Source: Cointelegraph

5 Dec 2022

Sam Bankman-Fried says he will testify before House when he's 'finished learning and reviewing what happened'

Former FTX CEO Sam Bankman-Fried said on Sunday that he will testify before Congress when he's "finished learning and reviewing what happened."

Source: Fox Business

5 Dec 2022

Offshore Yuan Climbs Past Key Level on China Reopening Shift

Source: Bloomberg

5 Dec 2022

Star power! Jay-Z joins Times Square team bidding for prized NYC casino

SL Green and Caesars Entertainment have a glam new partner in their hoped-for Times Square casino  — Brooklyn-born billionaire rapper and entertainment impresario Jay-Z and his Roc Nation, Re…

Source: New York Post

5 Dec 2022

Cramer talks about some hot industrial stocks, and how we're playing Wall Street's pivot from tech

Let's take a serious break from the software companies that were claimed to be the best bets and start discussing the real market winners.

Source: CNBC

5 Dec 2022

First Mover Asia: Bitcoin Hovers Near $17.3K, but Does It Have Staying Power?

ALSO: Sam Reynolds writes that DeFi total value has been rallying recently after tumbling in mid-November, a sign that investors believe in DeFi's potential.

Source: CoinDesk

5 Dec 2022

Apple Gives Big Blow To China | Apple Plans To Shift Production Out Of China | China News Live - CNN

Source: YouTube

5 Dec 2022

Oil prices climbs after OPEC+ keeps output cut targets, China eases COVID curbs

Oil prices jumped 2% on Monday after OPEC+ nations held their output targets steady ahead of a European Union ban and a price cap kicking in on Russian crude.

Source: Reuters

5 Dec 2022

Weed Gardens: More illicit cannabis shops sprout up in NYC's Kew Gardens

Kew Gardens is turning into Weed Gardens, with another unlicensed cannabis shop opening up in the tidy Queens neighborhood.

Source: New York Post

5 Dec 2022

Bitcoin, Ethereum, Dogecoin Rise: Analyst Says Some Altcoins Showing Strength, DeFi 'Waking Up' Ahead Of

Major coins were trading higher on Sunday evening as the global cryptocurrency market cap rose 1.4% to $859.2 billion at 7:18 p.m. EST.

Source: Benzinga

5 Dec 2022

Larry Summers: Interest Rates Likely To Go Up More Than Expected

Source: Google News

5 Dec 2022

Switzerland could ban electric vehicle use during energy crisis: reports

Swiss officials said this week they could limit electric vehicle use during potential energy crisis this winter, along with sporting events, concerts, and cryptocurrency mining.

Source: Fox Business

5 Dec 2022

Bankman-Fried says he will testify before U.S. House committee

Source: Reuters

5 Dec 2022

Stock futures are little changed as traders look ahead to more economic data

Investors are anticipating more economic reports ahead of the Federal Reserve's December policy meeting.

Source: CNBC

4 Dec 2022

Buy Frasers Group and Next plc stock, fund manager says, ahead of recession

Veteran Schroders fund manager says both retailers have made a series of cheap acquisitions to grow market share ahead of a recession.

Source: CNBC

4 Dec 2022

China Stocks Climb, Yuan Jumps Past Key Level on Reopening Shift

Source: Bloomberg

4 Dec 2022

FDA change ushers in cheaper, easier-to-get hearing aids

Over-the-counter hearing aids started hitting the market in October at prices that can be thousands of dollars lower than prescription hearing aids.

Source: Thenationaldesk.com

4 Dec 2022

Metaverse will revolutionize music industry

5G wireless speeds and developing wearable hardwire will transform the metaverse experience in the metaverse.

Source: Fox Business

4 Dec 2022

Saudi Crown Prince to Invest in Credit Suisse Unit, WSJ Reports

Source: Bloomberg

4 Dec 2022

Credit Suisse's Investment Bank Spinoff Attracts Saudi Crown Prince - WSJ

Mohammed bin Salman could invest $500 million to back CS First Boston and CEO-designate Michael Klein

Source: The Wall Street Journal

4 Dec 2022

Tesla's Chinese Rivals Set New Records

Tesla's Chinese EV rivals are putting pressure on the market leader with monthly records.

Source: TheStreet

4 Dec 2022

Alameda Research CEO Caroline Ellison Reportedly Spotted at a Coffee Shop in Manhattan With FTX Dog 'Gopher' – Bitcoin News

Autism Capital shared two pictures of a woman that closely resembles the Alameda Research CEO, Caroline Ellison.

Source: Bitcoin.com

4 Dec 2022

Apple and Amazon resume advertising on Twitter, reports say

Amazon.com Inc <a href="https://www.reuters.com/companies/AMZN.O" target="_blank">(AMZN.O)</a> and Apple Inc <a href="https://www.reuters.com/companies/AAPL.O" target="_blank">(AAPL.O)</a> are planning to resume advertising on Twitter, according to media repo…

Source: Reuters

4 Dec 2022

Apple's Warning About China Business - WSJ

Shareholders are going to want to know how companies are diversifying risk from the People’s Republic.

Source: The Wall Street Journal

4 Dec 2022

US manufacturing orders in China drop 40% amid COVID-19 lockdowns: report

U.S. manufacturing orders are reportedly down 40% in China as the country grapples with the latest round of stringent COVID-19 lockdowns.

Source: Fox Business

4 Dec 2022

Genesis Creditor Groups' Loans Amount to $1.8B and Counting: Sources

In addition to the previously reported group of Gemini customers owed $900 million, there are two other groups of Genesis creditors being represented by lawyers, CoinDesk has learned.

Source: CoinDesk

4 Dec 2022

Migration from Twitter shows no signs of slowing following Musk's takeover: report

Since Elon Musk's takeover, Mastodon account names have been added to the Twitter bios of more than 90,000 users, according to a report.

Source: Business Insider

4 Dec 2022

Morning bid: China Politburo smoke signals

A look at the day ahead in Asian markets from Jamie McGeever.

Source: Reuters

4 Dec 2022

Stock Market Today: Dow, S&P Live Updates for Dec 5

Source: Bloomberg

4 Dec 2022

Elon Musk says he faces 'quite significant' risk of being assassinated

Elon Musk said in a Twitter Spaces discussion on Saturday evening that his "risk of something bad happening or literally even being shot is quite significant."

Source: Fox Business

4 Dec 2022

Tesla’s smaller, two-door Cybertruck design was hiding in plain sight

The two-door Cybertruck design showcased in the sketch at the Petersen Automotive Museum positive reactions from the Tesla community.

Source: Teslarati

4 Dec 2022

FDA approves fecal transplant therapy | KSL.com

The FDA on Wednesday approved Switzerland-based Ferring Pharmaceuticals' fecal transplant-based therapy to reduce the recurrence of a bacterial infection, the first therapy of its kind to be cleared in the U.S.

Source: KSL.com

4 Dec 2022

Tipflation becomes more widespread, may hurt industry in the long run

Professor Biswas has studied tipping for a decade. He says this new tipping trend started with the boom of digital kiosks, then the pandemic "added flow to that fire," plus inflation and more businesses allowing tips to make jobs more lucrative at your expens…

Source: CBS News

4 Dec 2022

Coinbase CEO Rejects FTX ‘Accounting Error,’ Says Funds Were Obviously ‘Stolen’

Brian Armstrong says only the “most gullible person” would believe an $8 billion hole was due to lackluster accounting.

Source: Decrypt

4 Dec 2022

Elon Musk claims risk of his assassination is ‘quite significant’

In a wide-ranging, two-hour Q&A audio chat on Twitter Spaces, the social media platform’s CEO told listeners he “definitely” would not “be doing any open-air car parades, let me put it that way…

Source: New York Post

4 Dec 2022

Elon Musk responds to Joe Biden’s plan to electrify the great American road trip

Tesla CEO Elon Musk recently responded to a post from Joe Biden, which called for the electrification of the "Great American Road Trip."

Source: Teslarati

4 Dec 2022

AI bot ChatGPT stuns academics with essay-writing skills and usability

Latest chatbot from Elon Musk-founded OpenAI can identify incorrect premises and refuse to answer inappropriate requests

Source: The Guardian

4 Dec 2022

Valerie Bertinelli Uses This Under-$20 Kitchen Tool With Over 36,000 5-Star Reviews ‘Every Day’

Let’s just say, when something is Valerie Bertinelli-approved, we’re ready to buy multiple. Back in June 2020, the Hot in Cleveland alum shared a video with ...

Source: SheKnows

4 Dec 2022

Elon Musk says Apple has ‘fully resumed’ advertising on Twitter

During a Twitter Spaces conversation on Saturday, Elon Musk told listeners Apple had "fully resumed" advertising on Twitter..

Source: Engadget

4 Dec 2022

The Week in Charts (12/4/22)

Notes: -I have a new channel on YouTube where I share my latest thoughts on markets and investing. You can view the most recent video here. __ This week’s post is sponsored by YCharts. YCharts is giving 100 of our readers free access to their Professional pla…

Source: Compoundadvisors.com

4 Dec 2022

Amazon will return to advertising on Twitter, will pay $100 million: report

Amazon reportedly plans to resume its ad spending on Twitter to the tune of $100 million per year.

Source: Fox News

4 Dec 2022

Vegan recipe for 'Bolognese' uses mushrooms for depth of flavor

Plant-based 'Bolognese' gets its depth of flavor from two types of mushrooms, tomatoes and soy sauce. It's decidedly not traditional.

Source: The Washington Post

4 Dec 2022

Stock Faithful Hope for a Wild Rally Before Merciful End to 2022

Source: Bloomberg

4 Dec 2022

Police: Robber maces employee at Omaha McDonald's, takes cash drawer

An Omaha McDonald’s was robbed Saturday night.

Source: WOWT

4 Dec 2022

Emerging Markets Face Risk of Policy Error Amid Conflicting Priorities

(Bloomberg) -- Emerging-market central banks face a Catch-22 where plunging economic growth means they can’t keep monetary conditions tight, but elevated...

Source: Yahoo Entertainment

4 Dec 2022

Meta faces record EU privacy fines

EU is finalizing imminent decisions on the legality of the US tech giant’s data-hungry business model.

Source: POLITICO.eu

4 Dec 2022

Wall Street's 2023 outlook for stocks

It’s that time of year when Wall Street’s top strategists tell clients where they see the stock market heading in the year ahead.

Source: Yahoo Entertainment

4 Dec 2022

The U.S. job market is strong, but layoffs are on the rise. Is this a good — or bad — time to ask for a raise? Experts weigh in.

On Friday, the Labor Department reported 263,000 new jobs in November, while the U.S. unemployment rate held steady at 3.7%

Source: MarketWatch

4 Dec 2022

Countdown begins to Fed's last meeting of 2022: What to know this week

A parcel of economic data awaits Wall Street this week as investors inch closer to the Federal Reserve’s final rate-setting meeting this year.

Source: Yahoo Entertainment

4 Dec 2022

I asked ChatGPT to write about itself in my style, so I didn't have to

Am I out of a job?

Source: TechRadar

4 Dec 2022

As oil prices fall, OPEC Plus opts against cutting production further

The decision by the group led by Saudi Arabia and Russia comes after it agreed in October to cut output by 2 million barrels a day, unleashing a diplomatic firestorm.

Source: The Washington Post

4 Dec 2022

This tax strategy may offset losses – but investors need to act now or be in for a 'nasty surprise'

BNY Mellon’s Ben Slavin believes it’s a key time to sell losing investments in order to cut down on capital gains. And, he says ETFs can help.

Source: CNBC

4 Dec 2022

Is the worst over for bitcoin and the rest of crypto?

The meltdown of FTX has sent the price of bitcoin and other cryptocurrencies tumbling more than 60% this year...and the carnage has spread to publicly traded companies with exposure to digital assets.

Source: CNN

4 Dec 2022

Tesla Launches 1,000-Volt Powertrain: Semi Is First But Not The Last

The launch of the Tesla Semi Class 8 electric semi brings multiple new solutions to the market. One such thing is the high-voltage powertrain system.

Source: InsideEVs

4 Dec 2022

Starwood REIT, Like BREIT, Limits Investor Redemptions From Real Estate Fund

The action by the $15 billion Starwood Real Estate Income Trust came after elevated withdrawal requests and follows a similar move by a Blackstone REIT

Source: Barron's

4 Dec 2022

The Gemini crypto exchange run by the Winklevoss twins is owed $900 million following FTX's collapse, report says

Tyler and Cameron Winklevoss's Gemini is trying to get its customers' funds back from Genesis and DCG, the Financial Times reported.

Source: Business Insider

4 Dec 2022

Hearing aids are now cheaper and easier to buy for hard-of-hearing Americans

Formerly, hearing aids required a prescription and came with a high price tag — now, Americans over age 18 who have mild-to-moderate hearing loss can buy hearing aids over the counter in drugstores.

Source: Fox News

4 Dec 2022

Who are the eager beaver holiday shoppers unhindered by inflation? Gen Z

There's at least one group of shoppers excitedly hitting malls this holiday season — and they don't seem to be too bothered about pesky inflation eating into their discretionary dollars.

Source: CNN

4 Dec 2022

Smartphone Tips to Avoid Tipsy Texting and Posting Over the Holidays

Avoid messaging and social-media regrets by adjusting your phone and app settings

Source: The Wall Street Journal

4 Dec 2022

Two Pythagoras Crypto Hedge Funds See 8% Performance Gains in 2022

Source: Bloomberg

4 Dec 2022

13 Best Bear Market Stocks To Buy Now

In this article, we discuss the 13 best bear market stocks to buy now. If you want to see more stocks in this selection, go directly to the 5 Best Bear...

Source: Yahoo Entertainment

4 Dec 2022

Raccoons Get a Reputation Makeover - WSJ

Researchers once considered the critters too rowdy to study. Technology is changing that: ‘Little Einstein raccoons’

Source: The Wall Street Journal

4 Dec 2022

Remembering Bay Area suburbs' fanciest buffet: Fresh Choice

If you grew up in the Bay Area suburbs in the 1990s, you probably remember going to one.

Source: SFGate

4 Dec 2022

Michigan couple makes $9,000 a month teaching people to launch lucrative side hustles: Our No. 1 rule is 'anyone can do it'

Jamie and Sarah McCauley started their YouTube channel, which teaches people how to start side hustles, in 2019. Now, it brings them up to $9,000 per month.

Source: CNBC

4 Dec 2022

FDA change ushers in cheaper, easier-to-get hearing aids - The Associated Press

It's now a lot easier — and cheaper — for many hard-of-hearing Americans to get help. Hearing aids can now be sold without a prescription from a specialist. Over-the-counter, or OTC, hearing aids started hitting the market in October at prices that can be tho…

Source: Associated Press

4 Dec 2022

Canada's deep yield curve inversion adds to BoC rate hike dilemma

As the Bank of Canada considers ditching oversized interest rate hikes, it is dealing with an economy likely more overheated than previously thought but also the bond market's clearest signal yet that recession and lower inflation lie ahead.

Source: Reuters

4 Dec 2022

Startup backed by Tesla investor promises $300,000 flying car by 2025: 'This is not more complicated than a Toyota Corolla'

Alef Aeronautics unveiled a prototype in October of its electric concept car that can take off vertically and fly like a helicopter at a range of 110 miles.

Source: CNBC

4 Dec 2022

Companies need to increase salary transparency or workers will quit

Salary transparency laws are requiring companies to list salary ranges on job applications. It's also forcing them to pay existing employees fairly.

Source: CNBC

4 Dec 2022

Homeowners looking to move are eyeing cities in this state

Source: Google News

4 Dec 2022

Employers Try to Hold Line on Wages, With Mixed Success

Hourly-earnings growth in November shows workers still have leverage

Source: The Wall Street Journal

4 Dec 2022

Twitter, Tesla, Neuralink, SpaceX: The Week That Ran on Elon Musk Time

Propensity for ambitious, fuzzy deadlines is now on display at the social-media platform

Source: The Wall Street Journal

4 Dec 2022

Manufacturing orders from China down 40% in unrelenting demand collapse

Manufacturing orders from China and trade bound for the U.S. have plunged as a demand collapse is expected to continue into 2023, according to global shippers.

Source: CNBC

4 Dec 2022

US aviation experts reconsider airplane mode after EU deems it unnecessary for 5G devices - KABC

Have you ever wondered whether putting your phone on airplane mode really makes a difference during a flight? Well, American aviation experts are wondering the same.

Source: KABC-TV

4 Dec 2022

OPEC+ keeps steady policy amid weakening economy, Russian oil cap

OPEC+ agreed to stick to its oil output targets at a meeting on Sunday as the oil markets struggle to assess the impact of a slowing Chinese economy on demand and a G7 price cap on Russian oil on supply.

Source: Reuters

4 Dec 2022

There's Some Bad News About 2023's Big Social Security Raise

Social Security retirees are getting a big raise in 2023, but there's some bad news about this huge benefits increase.

Source: Motley Fool

4 Dec 2022

Rackspace Hosted Exchange Outage Due to Security Incident

Details emerge on a massive Rackspace outage that indicates a serious security incident

Source: Search Engine Journal

4 Dec 2022

Death of the internal combustion engine — Cowen's best stocks to play the trend

The future of mobility is about electric cars and there are certain sectors and stocks that should benefit from the trend, Cowen said in a recent report.

Source: CNBC

4 Dec 2022

Who will be Disney's next CEO? Here are the top contenders to succeed Bob Iger

There are several internal and external candidates who could take over as Disney CEO after Bob Iger ends his tenure there.

Source: CNBC

4 Dec 2022

Air Travel Begins to Return to Normal: A Q&A With a Flight Attendant

Kimberly Burckhalter of United Airlines reflects on the turmoil of the past few years, and signs that things are getting back to how they were pre-Covid

Source: The Wall Street Journal

4 Dec 2022

Bay Area's transit systems BART, Muni, Caltrain face likely cuts

The planning scenarios for each of the Bay Area’s 27 transit agencies carry suggestions...

Source: San Francisco Chronicle

4 Dec 2022

Poor Countries Feel Sting of Local-Currency Debt

Some economies were unprepared when the foreign investors who flocked to their local-currency markets suddenly wanted out

Source: The Wall Street Journal

4 Dec 2022

$5 trillion fund favorites: 12 stocks mutual and hedge funds love

Hedge funds and mutual funds are exposed to stocks that will outpeform if inflation and rates fall. Here are their best picks.

Source: Seeking Alpha

4 Dec 2022

Rates And The Dollar Are Sending Warning Signs To Markets

Jay Powell's appearance last week was not only jaw-dropping but raised a lot of questions. Read more to see what investors need to know.

Source: Seeking Alpha

4 Dec 2022

Elon Musk hits back at Joe Biden: Or you can just buy a Tesla

Elon Musk doesn&apos;t miss an opportunity to take a pop at the President of the United States, Joe Biden, doing so every time he alludes to the electrification of the American aut

Source: Marca

4 Dec 2022

Bill Gates is using these dividend stocks right now to generate a large inflation-fighting income stream ⁠— you might want to do the same

Bill Gates looks for income, too. This is how he gets it.

Source: Yahoo Entertainment

4 Dec 2022

CVS Tries Out Remote System to Help Fill Prescriptions - WSJ

Some pharmacists check pill counts and handle other tasks from miles away

Source: The Wall Street Journal

4 Dec 2022

Economists Think They Can See Recession Coming—for a Change

They might be wrong again, but investors need a lot to go right

Source: The Wall Street Journal

4 Dec 2022

Elon Musk alleges SBF donated over $1B to Democrats: "Where did it go?"

SBF made the “highest ROI trade of all time” by donating $40 million to the right people for getting away with stealing over $10 billion, said Will Manidis, the CEO of ScienceIO.

Source: Cointelegraph

4 Dec 2022

Dow Shines as Higher Rates Squeeze Nasdaq's Tech Stocks

The blue-chip average is outpacing the S&P 500 this year by the widest margin since 1933

Source: The Wall Street Journal

4 Dec 2022

Clashes Over FTX Bankruptcy Go Global - WSJ

Squabbles are erupting around the world over who controls insolvent company’s cash and crypto assets

Source: The Wall Street Journal

4 Dec 2022

Business-Software Companies Say Customers Are Pulling Back Amid Economic Concerns

Salesforce, Okta and CrowdStrike describe how clients are delaying certain purchases and becoming more cautious

Source: The Wall Street Journal

4 Dec 2022

US, Japan bases of Taiwan chip giant TSMC spark fears for island’s No 1 status

TSMC’s US$12 billion Arizona plant and US$7 billion Sony joint venture in Kyushu have triggered talk of hollowing out Taiwan’s semiconductors industry.

Source: Post Magazine

4 Dec 2022

I was laid off from DoorDash and was depending on it for my H1B visa. I'm mentally struggling to process the shock of looking for a new job.

Insider spoke to a laid-off DoorDash worker who says they now risk losing their work visa if they can't find a new employer quickly.

Source: Business Insider

4 Dec 2022

Most crypto companies will 'crash' after years of industry Ponzi schemes: Palantir co-founder

Crypto and Web3 have unrealized potential, but the lack of regulation over the years has led to speculative bubbles and Ponzi schemes, Joe Lonsdale says.

Source: Yahoo Entertainment

4 Dec 2022

Laughing baggage handlers caught slamming bags at airport

CEO Brad Moore warned staff of “serious disciplinary action” in the wake of Saturday morning’s revelation.

Source: New York Post

4 Dec 2022

Elon Musk Reaffirms Support for Dogecoin, DOGE Price Rallies

Tesla CEO Elon Musk says that Twitter wants to make it easier to transact with cryptocurrencies

Source: U.Today

4 Dec 2022

Anna Sorokin: Sam Bankman-Fried media apology tour is scam

Convicted scammer Anna Sorokin — AKA Anna Delvey — thinks the FTX founder is just trying to lay the groundwork for a legal defense.

Source: Business Insider

4 Dec 2022

What The Air India-Vistara Merger Means For Indian Cities

Source: Google News

4 Dec 2022

Most crypto companies will 'crash' after years of industry Ponzi schemes: Palantir co-founder

Crypto and Web3 have unrealized potential, but the lack of regulation over the years has led to speculative bubbles and Ponzi schemes, Joe Lonsdale says.

Source: Fox News

4 Dec 2022

This company plans to keep a 4-day work week because staff are happier

Employees in a trial of a short working week got more sleep and felt less stressed, but Barry Prost of Rent a Recruiter said it also boosted profits.

Source: Business Insider

4 Dec 2022

Investors bet on interest rate cuts in 2023 despite Fed signals

Bond traders expect US central bank will reverse course in fourth quarter as economy slows

Source: Financial Times

4 Dec 2022

The 4-day week: does it actually work?

A trial to gauge whether it is possible to do the same work in fewer hours is finally drawing to a close. Here’s what four companies discovered

Source: Financial Times

4 Dec 2022

Crypto ‘smart’ money? Big traders fell for Sam Bankman-Fried

I was shocked when I first learned how a hot mess like Sam Bankman-Fried got away with convincing so many seemingly smart people that he was such a boy genius of investing.

Source: New York Post

4 Dec 2022

Elon Musk Says Apple Has 'Fully Resumed' Advertising on Twitter

Apple has "fully resumed" advertising on the Twitter social network, Twitter CEO Elon Musk said today during a two-hour Twitter Spaces chat...

Source: MacRumors

4 Dec 2022

What is ChatGPT, the AI Chatbot That's Taking The Internet By Storm

A reader submits a report: Artificial Intelligence (AI) research company OpenAI on Wednesday announced ChatGPT, a prototype dialogue-based AI chatbot capable of understanding natural language and responding in natural language. It has since taken the interne…

Source: Slashdot.org

4 Dec 2022

4-day work week experiment deemed a success, with higher productivity and lower stress levels - KABC

The results of a six-month experiment involving dozens of companies indicate a four-day work week may be better for businesses and workers.

Source: KABC-TV

4 Dec 2022

Tesla Semi looks incredible as an electric motorhome

Tesla Semi could make an awesome electric motorhome based on the specs released by Tesla this week and these incredible renders.

Source: Electrek

4 Dec 2022

Elon Musk Suspects Former FTX CEO Sam Bankman-Fried Donated Over $1 Billion to Support Democrats – Bitcoin News

Elon Musk says that former FTX CEO Sam Bankman-Fried (SBF) probably donated over $1 billion to support the Democratic Party.

Source: Bitcoin.com

3 Dec 2022

Amgen says experimental obesity drug has promising durability

Amgen Inc's <a href="https://www.reuters.com/companies/AMGN.O" target="_blank">(AMGN.O)</a> experimental obesity drug demonstrated promising durability trends in an early trial, paving the way for a larger mid-stage study early next year, company officials sa…

Source: Reuters

3 Dec 2022

Coinbase CEO Brian Armstrong says it’s ‘baffling’ FTX’s Sam Bankman-Fried isn’t ‘in custody already’

“There’s a very open and shut case for fraud,” said Armstrong, adding it’s “bizarrre” the media isn’t calling Bankman-Fried a “criminal.”

Source: Yahoo Entertainment

3 Dec 2022

Coinbase CEO Brian Armstrong says it’s ‘baffling’ FTX’s Sam Bankman-Fried isn’t ‘in custody already’

“There’s a very open and shut case for fraud,” said Armstrong, adding it’s “bizarrre” the media isn’t calling Bankman-Fried a “criminal.”

Source: Fortune

3 Dec 2022

Meta Materials Inc (OTCMKTS: MMTLP) Enormous Short Position in Trouble as Next Bridge Hydrocarbons Set to Stop Trading (George Palikaras & John Brda on Corporate Action)

Meta Materials Inc (OTCMKTS: MMTLP) has an enormous week ahead as the short squeeze enters its final trading days and the massive estimated 80 to 100 million short position must now cover. The excitement on MMTLP is palpable with numbers like $60 per share or…

Source: Microcapdaily.com

3 Dec 2022

Ford Unveils Big Electric Vehicle Surprise in November

Ford's electric vehicle sales jumped in November, but retail sales take a big dive.

Source: TheStreet

3 Dec 2022

BofA Warns of Looming Unemployment Shock, Recommends Selling Stock Rallies

Bank of America (BofA) analysts are warning of a collapsing U.S. labor market and a potential rise in unemployment next year. They also recommended selling a stock market rally ahead of the likely surge in job losses. “Bears (like us) worry unemployment in 20…

Source: Theepochtimes.com

3 Dec 2022

Redwood Materials approved for over $100m in tax incentives

Redwood Materials was approved for $105.6 million in tax incentives by the Nevada Governor's Office of Economic Development.

Source: Teslarati

3 Dec 2022

A US Senate hearing will discuss FTX, New York bans proof-of-work and FTX evaluates its assets: Hodler's Digest, Nov. 20-26

FTX will be the subject of a U.S. Senate hearing, authorities take HashFlare founders into custody and New York finalizes its PoW ban.

Source: Cointelegraph

3 Dec 2022

Ackman Says Recent Comments on Bankman-Fried Were Misinterpreted

Source: Bloomberg

3 Dec 2022

LastPass hacked, OpenAI opens access to ChatGPT, and Kanye gets suspended from Twitter (again)

This week's top stories include a breach at LastPass, OpenAI opening up its chat-based AI interface, layoffs at DoorDash, and more.

Source: TechCrunch

3 Dec 2022

Will Grayscale be the next FTX?

Grayscale is fighting the good fight on behalf of everyone in cryptocurrency.

Source: Cointelegraph

3 Dec 2022

Delta Airline pilots to receive a hefty 34% raise amid fears of ticket price surge

Delta Airline pilots can expect a hefty pay rise of 34 percent over the next three years, amid fears that the push for better pay and benefits will be felt among customers through higher priced tickets.

Source: Daily Mail

3 Dec 2022

Stock Strategist Is Bracing for 5% Inflation for the Next Decade

Source: Bloomberg

3 Dec 2022

Dec. 3: How gas prices have changed in the last week

GREENVILLE, N.C. (Stacker.com) — It’s been pretty easy to see that gas prices have been dropping around North Carolina over the past week. The big question is how far and for how long. Demand for gasoline is falling somewhat, according to Energy Information A…

Source: WNCT

3 Dec 2022

How Tim Cook placated Elon Musk, according to three former Apple executives

Apple CEO Tim Cook is known for being an excellent communicator, and that was on full display this week as he navigated Elon Musk’s flurry of accusations against Apple. A new report from the Financial Times this weekend offers a deeper look at how former Appl…

Source: 9to5Mac

3 Dec 2022

Starbucks fans furious over new 'awkward' tipping system

Starbucks recently added a tipping option leaving some baristas and customers frustrated with the new step for customers paying without cash.

Source: Fox Business

3 Dec 2022

These 49 housing markets to see home prices fall over 15%—this interactive map shows Moody’s updated forecast for 322 markets

"Affordability will be restored. The [housing] market won't be overvalued after this process is over," says Moody's Analytics chief economist Mark Zandi.

Source: Yahoo Entertainment

3 Dec 2022

Philadelphia is taking the city back to the past by reinstalling pay phones

​No quarters required!

Source: Upworthy

3 Dec 2022

Norway BEVs Hit Record Volume in November — Tesla Model Y Leads

Plugin electric vehicles took 89.3% share of the auto market in Norway in November, down from 91.2% year on year.

Source: CleanTechnica

3 Dec 2022

Apple looking to move iPhone production out of China in wake of violent worker protests: report

Apple is accelerating a plan to move its business outside of China following the violent protests at its iPhone City plant in recent weeks.

Source: Fox Business

3 Dec 2022

Senate testimony highlights Minnesota customer's 'banking while Black' experience at US Bank

A 5 INVESTIGATES report on Peter Wogbah's experience with the Minnesota based company was highlighted during a committee hearing at the U.S. Senate on Thursday.

Source: Kstp.com

3 Dec 2022

Lauren Sanchez puts on VERY leggy display as she steps out with Jeff Bezos for dinner

Lauren Sanchez put on a very leggy display while pictured stepping out with the world's fourth richest man and boyfriend, Jeff Bezos, in Los Angeles , as the couple attended an Italian dinner.

Source: Daily Mail

3 Dec 2022

Genesis Owes Gemini Earn Users $900M: Report

Gemini has yet to reopen withdrawals for users of its Earn service due to crypto market contagion from FTX.

Source: Decrypt

3 Dec 2022

Tesla didn't say a word about Tesla Semi being equipped with Autopilot/Self-Driving

Tesla chose to not say a word about Tesla Semi being equipped with Autopilot/Self-Driving despite the truck being equipped with the hardware.

Source: Electrek

3 Dec 2022

Apple Makes Plans to Move Production Out of China

The iPhone maker is looking to further diversify the supply chain that has powered its growth

Source: The Wall Street Journal

3 Dec 2022

Apple Is Looking to Move Production Out of China, Report Says

Apple has hastened plans to move part of its production out of China, home to the world’s largest iPhone factory, according to a The Wall Street Journal report citing anonymous sources.

Source: Barron's

3 Dec 2022

The U.S. economy won't collapse under Fed's 'weight' based on the performance of these sectors despite inflation and oil risks

S&P 500 staged a ‘massive technical recovery,’ says Fundstrat’s Tom Lee. Can it last?

Source: MarketWatch

3 Dec 2022

The Machine Will Speak With You Now

DALL-E’s fun, impressive, and somewhat unsettling chatbot sibling is open to the public, and it does a surprisingly good impression of an actual person. Here are some examples of what it can do.

Source: New York Magazine

3 Dec 2022

Best Dividend Stocks According To Jim Cramer

In this article, we discuss the best dividend stocks according to Jim Cramer. You can skip our detailed analysis of Cramer’s market predictions, and go...

Source: Yahoo Entertainment

3 Dec 2022

Coach Outlet just released incredible deals on gifts for everyone on your list

Score a weekender for under $175, a crossbody for $60, and a tote for under $130.

Source: Yahoo Entertainment

3 Dec 2022

This Week in Coins: Twitter Speculation Sends Dogecoin Higher, Bitcoin and Ethereum See Green

ETH rose nicely even as the FTX drama continues. Brazilian lawmakers also took a significant step towards regulating cryptocurrencies.

Source: Decrypt

3 Dec 2022

Crypto lender Genesis allegedly owes $900M to Gemini’s clients: Report

Genesis Capital and its parent company Digital Currency Group allegedly owes $900 million to Gemini's clients.

Source: Cointelegraph

3 Dec 2022

FTX downfall threatens crypto existence

The crypto industry was already facing a trust deficit, and this has set it back far.

Source: Axios

3 Dec 2022

SpaceX rolls out new business line focused on military satellite services

SpaceX on Dec. 2 revealed a new business segment called Starshield aimed at U.S. national security government agencies.

Source: SpaceNews

3 Dec 2022

Amazon’s quest for the ‘Holy Grail’ of robotics | Mint

Automating some warehouse functions could let the giant do more with its existing workforce—or the retailer may not require all the humans it employs today

Source: Livemint

3 Dec 2022

OPEC+ will keep oil policy unchanged in review talks, sources say

OPEC+ will likely stick to its oil output targets when it meets on Sunday, five OPEC+ sources said on Saturday, a day after the Group of Seven (G7) nations agreed a price cap on Russian oil.

Source: Reuters

3 Dec 2022

Delta Air Lines Offers Pilots 34% Raises Over Four-Year Deal

Pay proposal, which still faces some hurdles, could set bar for rivals also hammering out contracts

Source: The Wall Street Journal

3 Dec 2022

How electric air taxis could shake up the airline industry in the next decade

Companies across the U.S., including several startups, are developing electric air taxis that aim to take cars off the road and put people in the sky.

Source: CNBC

3 Dec 2022

‘Optimism grows’ as mortgage rates post biggest three-week drop since 2008 — but despite this ‘silver lining,’ experts see dark clouds ahead

Buyers may soon be able to snatch an opportunity.

Source: Yahoo Entertainment

3 Dec 2022

Delta pilots would get more than 30% in pay raises under new contract deal

Delta pilots would get at least 18% pay bumps when the contract is signed.

Source: CNBC

3 Dec 2022

Stocks Rise on Cooling Inflation and Fed Moderation. That Doesn’t Mean the Bear Market Is Over.

Cooling inflation and Powell’s talk of moderation sent stocks soaring. But a hot jobs report means rate hikes are still in the cards, and it’s not time to celebrate yet.

Source: Barron's

3 Dec 2022

Evil or Stupid: How Did FTX Make $8 Billion Disappear?

Also: On the internet, it generally takes a long time for companies to die.

Source: The Bulwark

3 Dec 2022

The difference between this comeback and the market's last failed bear market bounce

Mike Santoli assesses the chances that this bounce is the turn in the market investors have been waiting for.

Source: CNBC

3 Dec 2022

Caterpillar, Deere, and More Industrial Stocks Ready to Break Out

When stocks reach new highs, it often indicates the start of a new uptrend, even if gains must moderate before reaccelerating.

Source: Barron's

3 Dec 2022

1,000+ NYT union members threaten to walk out

The two parties have been at odds over a new contract for more than a year and a half.

Source: Axios

3 Dec 2022

Crypto exchange Gemini trying to recover $900 million from crypto lender Genesis, Financial Times reports

Crypto broker Genesis and its parent company Digital Currency Group (DCG) owe customers of the Winklevoss twins' crypto exchange Gemini $900 million, the Financial Times <a href="https://www.ft.com/content/32977a99-c1c3-4f34-9ecc-4057217bf974" target="_blank"…

Source: Reuters

3 Dec 2022

Celsius clients with collateral stuck on failed crypto platform turn to bankruptcy process for relief

Months after crypto lender Celsius collapsed, customers with collateral on the platform are waiting for bankruptcy hearings to see what they can recoup.

Source: CNBC

3 Dec 2022

Dow Jones Stocks: Chevron Leads 5 Blue Chips Near Buy Points | Investor's Business Daily

Chevron is a blue-chip leader as the Dow leads the market rally.

Source: Investor's Business Daily

3 Dec 2022

IRS Warning Americans to Report $600 Transactions From Payment Processors or Risk Facing Audit

The Internal Revenue Service reminds taxpayers to report transactions of at least $600 made through payment networks like Venmo, Paypal, and Cash App as the agency seeks to obtain data regarding part-time employment and side gigs, a move that critics have ter…

Source: Theepochtimes.com

3 Dec 2022

Former FTX users say the failed crypto exchange was a ‘Ponzi scheme.’ Here’s how those work, and what we know about how Sam Bankman-Fried operated

SBF, as Bankman-Fried was often called, says he didn’t commit fraud. But bankruptcy specialists say the findings so far are ‘pretty devastating.’

Source: Yahoo Entertainment

3 Dec 2022

Job market is strong, but it means recession next year could hurt more

Hiring and wage growth were still booming in November, which is good news for workers — but might not be for the economy.

Source: Business Insider

3 Dec 2022

3 Dividend Stocks With Low Volatility and Above-Average Yields

3 Dividend Stocks With Low Volatility and Above-Average Yields...MCD

Source: TheStreet

3 Dec 2022

Sam Bankman-Fried's trading shop was given special treatment on FTX for years

Alameda Research was exempt from borrowing limits applied to exchange’s other clients, former billionaire tells FT

Source: Financial Times

3 Dec 2022

Crypto broker Genesis owes Winklevoss exchange's customers $900mn

New York-based Gemini is trying to recover funds after FTX failure plunged market into turmoil

Source: Financial Times

3 Dec 2022

Cyber Monday deals: Shop the 140+ best last-minute savings to find

The week is over but there's still a chance to save big before the holidays. Check out these amazing Cyber Monday discounts still available today.

Source: USA Today

3 Dec 2022

Elon Musk's Company Seeks Permission To Test Brain Implants In People

Neuralink should be able to put the implant in a human brain as part of a clinical trial in about six months, said Twitter's billionaire owner.

Source: HuffPost

3 Dec 2022

'GMA' Deals & Steals on holiday gifts

Source: GMA

3 Dec 2022

Stock market outlook: Why Wall Street agrees the S&P 500 will crash 20%

The S&P 500 will tank in 2023 as a US recession hits, companies lower their earnings outlooks and the Fed's tightening causes pain, the banks predict.

Source: Business Insider

3 Dec 2022

Delta Air Lines offers pilots a new contract as potential strike looms

Delta Air Lines is looking to avoid a potential strike by its pilots by offering them a new contract that includes a 34% pay increase over three years.

Source: Fox Business

3 Dec 2022

Billionaire Mike Novogratz Predicts Bitcoin Will Explode by Over 2,800% – But There’s a Catch

Galaxy Digital founder and CEO Mike Novogratz is predicting a meteoric ascent for Bitcoin (BTC) that could push the value of the king crypto to heights never seen before.

Source: The Daily Hodl

3 Dec 2022

Exclusive: Delta offers pilots hefty pay raises as unions flex bargaining power

Delta Air Lines <a href="https://www.reuters.com/companies/DAL.N" target="_blank">(DAL.N)</a> has offered a 34% cumulative pay increase to its pilots over three years in a new contract, demonstrating the bargaining power aviators are enjoying in a short-staff…

Source: Reuters

3 Dec 2022

Amazon's Quest for the 'Holy Grail' of Robotics

Automating some warehouse functions could let the giant do more with its existing workforce—or the retailer may not require all the humans it employs today

Source: The Wall Street Journal

3 Dec 2022

November jobs report: Strong labor market isn't cooperating with the Fed

The labor market is fantastic for workers. But that may eventually spell trouble for the economy.

Source: Axios

3 Dec 2022

Larry Summers predicts Fed will need to raise interest rates more than market anticipates

Source: Google News

3 Dec 2022

Macron says he had ‘clear and honest’ discussion with Musk on Twitter policy

The French president had flagged concerns over the platform’s content moderation just a day before

Source: The Guardian

3 Dec 2022

Larry Summers Says Fed Will Need to Boost Rates More Than Markets Expect

(Bloomberg) -- Former Treasury Secretary Lawrence Summers warned that the Federal Reserve will probably need to raise interest rates more than markets are...

Source: Yahoo Entertainment

3 Dec 2022

Downtown S.F.'s condo market is cratering, with units selling at reduced prices

The drop in demand is being driven by “a triple whammy of economic, demographic and...

Source: San Francisco Chronicle

3 Dec 2022

List of world's most expensive cities altered by war in Ukraine

Moscow and St. Petersburg, the most populous cities in Russia, saw the most drastic jumps in rank of any city included.

Source: The Washington Post

3 Dec 2022

The Laundress recalling 8M detergent, cleaning products over bacteria exposure risk

The Laundress on Thursday recalled millions of its laundry and cleaning products in response to a bacteria exposure risk, according to the Consumer Product Safety Commission.

Source: Fox Business

3 Dec 2022

Larry Summers Says Fed Will Need to Boost Rates More Than Markets Expect

Source: Bloomberg

3 Dec 2022

G-7 joins EU on $60-per-barrel price cap on Russian oil - The Associated Press

WASHINGTON (AP) — The Group of Seven nations and Australia joined the European Union on Friday in adopting a $60-per-barrel price cap on Russian oil, a key step as Western sanctions aim to reorder the global oil market to prevent price spikes and starve Pres…

Source: Associated Press

3 Dec 2022

L.A. to LV: Where Las Vegas ranks when it comes to top cities Angelenos are calling home - KLAS

LOS ANGELES (KTLA) — Las Vegas makes the list of top spots our neighbors to the west are calling “home sweet home” following the pandemic. As a record amount of Los Angeles residents continue moving out of the state, a new Redfin study shows they’re flocking …

Source: KLAS - 8 News Now

3 Dec 2022

Cramer's lightning round: Let Extreme Networks cool off a little before buying

"Mad Money" host Jim Cramer rings the lightning round bell, which means he's giving his answers to callers' stock questions at rapid speed.

Source: CNBC

3 Dec 2022

T. Rowe Price Has Had a Rough Time of Late. Negativity in the Money Manager’s Stock Could Be Overdone.

Mutual fund manager T. Rowe Price has had a rough time of late, hurt by the decline in growth stocks. The negativity among analysts could be overdone.

Source: Barron's

2 Dec 2022

Cramer’s week ahead: Markets need a strong job market, tame inflation to stay up

Stocks closed up for the week on Friday, marking the first time since October the three major indexes saw consecutive weekly gains.

Source: CNBC

2 Dec 2022

The Jobs Report in Light of what Powell Said: The Fed Cannot Create Supply of Labor, But it Can Slow the Demand for Labor

Higher interest rates, for longer.

Source: WOLF STREET

2 Dec 2022

The 'yes, but' economy. Yes, we're worried about recession — but the economy remains resilient

Each week brings head-scratching contradictory news about the economy. This past week was no different, with a batch of economic reports showing that — despite the recession talk — the US economy shows remarkable resilience.

Source: CNN

2 Dec 2022

GM venture to invest additional $275M at Tennessee plant

A joint venture between General Motors and South Korean battery company LG Energy Solution announced Friday that it will invest an additional $275 million to...

Source: Yahoo Entertainment

2 Dec 2022

Cyber Monday Amazon deals 2022: 145+ best Amazon deals still available

Amazon's Cyber Monday deals are almost gone, so shop today for amazing savings on tech, mattresses, kitchen appliances and style.

Source: USA Today

2 Dec 2022

S&P 500 ends slightly lower after jobs report

Source: Reuters

2 Dec 2022

Three signs from today’s jobs report that suggest inflation will stay high

Source: Google News

2 Dec 2022

This Top Law Firm Just Brightened Their Employees' Day With An Early Gift: Bonus Money!

Hard to have clear thoughts with all this money going around.

Source: Above the Law

2 Dec 2022

U.S. says Swiss engineering group ABB to pay over $315 million to resolve bribery case

WASHINGTON (Reuters) -Swiss engineering and technology group ABB Ltd agreed to pay more than $315 million to resolve an investigation into a bribery case at ...

Source: Yahoo Entertainment

2 Dec 2022

The Fed Can't Hike People Back Into the Labor Force

Interest-rate increases cannot alleviate the scarcity of people who are able and willing to work, Joe Sullivan writes.

Source: Barron's

2 Dec 2022

Intel, cutting costs, offers unpaid leave to factory workers worldwide

The chipmaker hopes to save $3 billion next year through layoffs and other cost cuts.

Source: OregonLive

2 Dec 2022

I did not regard today's jobs report as hot, hot, hot, says Wharton's Jeremy Siegel

Source: YouTube

2 Dec 2022

Bank of America, Citigroup, JPMorgan, Goldman Cut Banker Bonuses

Source: Bloomberg

2 Dec 2022

DXY bounces at major support, reducing Bitcoin’s chance at breaking the $17.2K resistance

The dollar index (DXY) found support at a key level, leading traders to question whether BTC will manage to flip $17,250 to support.

Source: Cointelegraph

2 Dec 2022

The IRS reminds Americans earning over $600 on PayPal, Venmo, or Cash App transactions to report their earnings

The new rule comes as a result of the American Rescue Plan Act and is aimed at those who run side gigs and small businesses and do part-time work.

Source: CNBC

2 Dec 2022

FTX collapse sends shockwaves through Coinbase's stocks and bonds

News, analysis and comment from the Financial Times, the worldʼs leading global business publication

Source: Financial Times

2 Dec 2022

A Look At Bitcoin, Ethereum, Dogecoin Heading Into The Weekend: Did The Cryptos Predict Friday's Stock Ma

Bitcoin (CRYPTO: BTC) and Ethereum (CRYPTO: ETH) were trading flat during Friday’s 24-hour trading session within tight ranges.

Source: Benzinga

2 Dec 2022

The US just made a big decision about Chinese solar – here's what it means

The DOC determined that four Chinese solar companies attempted to bypass US duties by processing in Southeast Asia before shipping to the US.

Source: Electrek

2 Dec 2022

Why stocks might not be doomed even with a key recession signal flashing warnings

After surprisingly strong jobs growth, the Nasdaq and S&P 500 finished lower.

Source: MarketWatch

2 Dec 2022

The former Head of Trust and Safety at Twitter on working for CEO Elon Musk

NPR's Ari Shapiro speaks with Yoel Roth, former Head of Trust and Safety at Twitter, about his experience working for CEO Elon Musk.

Source: Usf.edu

2 Dec 2022

SpaceX approved to deploy 7500 next-gen Starlink satellites

But Elon Musk's company had applied for permission to deploy nearly 30,000 of the broadband craft.

Source: Space.com

2 Dec 2022

Stock Market Gamblers Bet Big on Year End Rally After Tough Time for Dow

Source: Bloomberg

2 Dec 2022

Stock Market Gamblers Let It Ride Again in Brutal Year

(Bloomberg) -- Like stuck card players trying to win it all back in one hand, equity bulls are dialing up risk appetites at the tail-end of a brutal...

Source: Yahoo Entertainment

2 Dec 2022

Stock Market Gamblers Bet Big on Year End Rally After Tough Time for Dow

Source: Bloomberg

2 Dec 2022

Stock Market Gamblers Bet Big on Year End Rally After Tough Time for Dow

Source: Bloomberg

2 Dec 2022

Stock Market Gamblers Bet Big on Year End Rally After Tough Time for Dow

Source: Bloomberg

2 Dec 2022

BofA is selling U.S. equities rally on worries that unemployment will be ‘shocking’ in 2023

U.S. equity funds see largest weekly outflows since April: BofA Research

Source: MarketWatch

2 Dec 2022

McDonald's unveils a Texas test restaurant with drive-thru food conveyor belt

McDonald's on Thursday unveiled a test restaurant in Fort Worth, Texas, focused on on-the-go and delivery orders that includes a drive-thru food conveyor belt.

Source: Fox Business

2 Dec 2022

Bath and Body Works Candle Day: Big discounts you can get this weekend

Bath and Body Works' hugely popular Candle Day sale is back. And this year the annual sale has a gilded lining: a 30-cent price drop.

Source: USA Today

2 Dec 2022

AVXL Stock Catapults As CEO Clarifies Math Questions For Alzheimer's Treatment | Investor's Business Daily

Critics quickly noted a math question in the data. The CEO says stats work differently.

Source: Investor's Business Daily

2 Dec 2022

Russia assembles 'shadow fleet' of tankers to help blunt oil sanctions

Shipping brokers estimate more than 100 vessels have been acquired this year to transport crude for Moscow

Source: Financial Times

2 Dec 2022

UniCredit seeks pay increase for Andrea Orcel to keep CEO happy

News, analysis and comment from the Financial Times, the worldʼs leading global business publication

Source: Financial Times

2 Dec 2022

Home delistings hit record as mortgage rates, home prices remain elevated

A record number of homes in the country have been taken off the market amid high interest rates, inflation and growing fears of a recession, according to a new report from Redfin.

Source: Fox Business

2 Dec 2022

Merck could keep its patent edge by shifting Keytruda cancer drug to a simple shot

U.S. drugmaker Merck & Co <a href="https://www.reuters.com/companies/MRK.N" target="_blank">(MRK.N)</a> hopes to patent a new formulation of its $20 billion cancer immunotherapy Keytruda that can be injected under the skin, allowing it to protect its best-sel…

Source: Reuters

2 Dec 2022

NY Times union says over 1,000 journalists will walk out next week

The Times said its current wage proposal offered “significant increases.”

Source: New York Post

2 Dec 2022

Will $1800 bring the gold bulls back? Analysts look for follow-through buying next week

Kitco News' general-interest stories takes a look at what is making headlines in the marketplace and how that is impacting precious metals prices

Source: Kitco NEWS

2 Dec 2022

GM, LG investing $275 million to expand Tennessee EV battery plant

The new investment is expected to increase EV battery production by more than 40%.

Source: CNBC

2 Dec 2022

Big tech stocks are at historical lows. These names have potential, 'Halftime Report' traders say

It's been a brutal year for tech stocks, which means there may be opportunities for investors to scoop up some names at a good price.

Source: CNBC

2 Dec 2022

The Fed's path to a 'Goldilocks' economy just got a little more complicated

As far as jobs reports go, November's wasn't exactly what the Federal Reserve was looking for.

Source: CNBC

2 Dec 2022

IRS warns Americans about $600 threshold to report Venmo, Cash App payments

Beginning this year, taxpayers need to prepare to report transactions exceeding $600 that are received through Venmo, PayPal and other cash apps to the IRS.

Source: Fox Business

2 Dec 2022

Former Amazon exec paid $800k to run Bezos' preschool network: report

Jeff Bezos reportedly paid former Amazon execs a small fortune to run his nonprofit preschool, which only had 13 students for most of last year.

Source: Business Insider

2 Dec 2022

San Diego is among cities where people leaving Los Angeles are now flocking to

A record number of Los Angeles residents have made the move to San Diego, as well as out-of-state, according to a new Redfin study.

Source: fox5sandiego.com

2 Dec 2022

Gas Prices Are Dropping: Here's How Much Lower They Might Go

The average cost of fuel in the U.S. has fallen more than 30% from record highs, with seven states below $3 a gallon

Source: The Wall Street Journal

2 Dec 2022

'A lot of people are going to see less money in their pocket.' Here are must-know tax changes for 2022

There are significant changes for the 2022 tax season. Here's what taxpayers need to know.

Source: CNBC

2 Dec 2022

Here's how much US home prices will plunge in current market bubble

The housing market slowdown is likely at the beginning of a multi-year process, the expert said.

Source: New York Post

2 Dec 2022

LastPass security breach was worse than initially thought

The company is still working on determining what was accessed.

Source: Android Central

2 Dec 2022

Where Have House Prices Risen the Most?

Source: Bloomberg

2 Dec 2022

Where Have House Prices Risen the Most?

Source: Bloomberg

2 Dec 2022

Why wind energy isn't living up to its pollution-preventing potential

Even as renewable energy grows in the US, pollution disparities remain. Wind power, in particular, can be deployed more strategically to benefit communities of color and low-income neighborhoods in the US.

Source: The Verge

2 Dec 2022

Trump’s Influence on the Republican Party Is Waning, Senator Toomey Says

(Bloomberg) -- Retiring Republican Senator Pat Toomey said Donald Trump’s influence on the party is diminishing “rapidly” and the former president has little...

Source: Yahoo Entertainment

2 Dec 2022

Wall Street banks to slash bonuses up to 30% as slowdown looms

Premier banks on Wall Street — JPMorgan, Bank of America and Citi — are planning to cut bonus pools as much as 30% as the economy tightens and layoffs loom.

Source: New York Post

2 Dec 2022

'We want him here': Maxine Waters urges Bankman-Fried to testify

The former FTX CEO has signaled he would be open to testifying.

Source: Politico

2 Dec 2022

Europe agrees to cap the price of Russian oil at $60 a barrel

The European Union has reached a consensus on the price at which to cap Russian oil just days before its ban on most imports comes into force.

Source: CNN

2 Dec 2022

Tech layoffs may not be a bad omen for U.S. economy at large

Tech firms like Meta, Amazon and Twitter have announced thousands of job cuts. So far, the trend seems to be isolated.

Source: CNBC

2 Dec 2022

Sentiment shows gold price has the momentum to move solidly above $1800

Bulls or Bears? Wall Street vs. Main Street puts together leading analysts and regular metals investors to find out where they think gold is headed next week. Picked up and quoted by other leading news organizations, this feature has become a cornerstone for …

Source: Kitco NEWS

2 Dec 2022

DeSantis praised for pulling money from BlackRock over ESG concerns: ‘Illegal leftist scam’

Florida Governor Ron DeSantis was praised for pulling $2 billion in assets away from BlackRock out of concern for the investment firm's pro-ESG policies.

Source: Fox Business

2 Dec 2022

Blizzard Albany QA workers under Activision Blizzard win union vote

Quality assurance workers at Activision Blizzard’s Albany campus in upstate New York won a union election held Dec. 2 by the National Labor Relations Board. Activision Blizzard’s attempt to delay the vote was denied on Wednesday ahead of Friday’s election.

Source: Polygon

2 Dec 2022

Amazon media chief Jeff Blackburn retires from the company for the second time

Longtime Amazon employee Jeff Blackburn is retiring for the second time from the online retail and cloud computing giant.

Source: CNBC

2 Dec 2022

U.S. labor market shrugs off recession fears; keeps Fed on tightening path

U.S. employers hired more workers than expected in November and increased wages, shrugging off mounting worries of a recession, but that will probably not stop the Federal Reserve from slowing the pace of its interest rate hikes starting this month.

Source: Reuters

2 Dec 2022

Sam Bankman-Fried claims he 'misaccounted' $8B in FTX funds

Math doesn’t seem to be the MIT graduate’s strength.

Source: New York Post

2 Dec 2022

Former FTX US President Is Seeking Funds for Crypto Startup: Report

Brett Harrison is trying to raise $6 million at a $60 million company valuation, The Information reported.

Source: CoinDesk

2 Dec 2022

U.S. Oil, Gas Drilling Activity Goes Nowhere

Baker Hughes The number of total active drilling rigs in the United States stayed the same this week

Source: OilPrice.com

2 Dec 2022

McDonald's picks North Texas to test new restaurant concept

McDonald’s is trying out a new approach to their drive-through restaurant model, and the fast food chain picked North Texas as its testing grounds. The new...

Source: The Dallas Morning News

2 Dec 2022

Goldman Sachs warns traders of shrinking bonus pool as Wall Street hunkers down

Wall Street is grappling with sharp declines in revenue after parts of the industry involved in taking companies public and issuing stocks and bonds seized up.

Source: CNBC

2 Dec 2022

Multiple GM Accounts Have Gone Silent on Twitter in Wake of Musk Ownership

The move by General Motors is costing Tesla CEO Elon Musk millions of dollars in advertising.

Source: Jalopnik

2 Dec 2022

Tesla Delivers Electric Semi Truck 3 Years Behind Schedule

Tesla says the truck can travel 500 miles on a single charge, accelerate from 0-60 in about 20 seconds, and recharge around 70% of its battery in about an hour.

Source: Gizmodo.com

2 Dec 2022

Boeing Stock Surges On Report of 787 Dreamliner Order By United Airlines

Boeing shares lurched higher Friday following a report that suggested United Airlines is close to making a deal for dozens of the planemaker's trouble 787 Dreamliner.

Source: TheStreet

2 Dec 2022

Pour One Out For The Bosses: Activision Blizzard Loses Second Union Vote

Blizzard Albany QA form the second-ever union at a major U.S. gaming company

Source: Kotaku

2 Dec 2022

Hackers Exploit a DeFi Project to Mint 4 Quadrillion Crypto Tokens

Binance CEO Chengpeng Zhao said that a hacker exploited a smart contract on a DeFi project to mint unlimited crypto.

Source: Gizmodo.com