Rising US consumer prices moderated again last month, bolstering hopes that inflation’s grip on the economy will continue to ease this year
Tag: Financial Markets
FTX recovers $5bn but extent of losses still unknown | Business and Economy News
Crypto exchange FTX has recovered more than $5bn in liquid assets but the extent of customer losses in the collapse of the
US SEC charges McDonald’s ex-CEO for misrepresentations | Business and Economy News
The SEC hit former CEO Stephen Easterbrook with a five-year officer and director bar and a $400,000 civil penalty. The US Securities
Tesla cuts prices for second time in China as demand drops | Business and Economy News
Tesla has cut prices in China for the second time in less than three months, fuelling forecasts of a wider price war
Apple’s market value drops below $2 trillion | Business and Economy News
The sharp fall is on the back of concerns that high inflation and a slowing global economy will hurt demand. Apple Inc’s
Tesla shares plunge 13 percent on growth concerns | Business and Economy News
Tesla Inc shares started 2023 where they left off last year, plunging more than 13 percent on Tuesday on growing worries about
Brazil’s third-time president Lula has new economic problems | Business and Economy News
In early October, Jair Bolsonaro’s poll-defying performance in Brazil’s first-round presidential election revitalised his stuttering campaign. Ultimately, though, it was Luis Inácio
Dollar dominance: What’s next for the greenback? | Financial Markets
From: Counting the Cost The US dollar has been on the up in 2022. What’s next for the greenback, gold and the
Bankman-Fried, FTX execs received billions in hidden loans | Crypto News
Caroline Ellison, Bankman-Fried’s colleague, said she agreed with him to hide the loans from FTX investors. Sam Bankman-Fried and other FTX executives
Media mogul Mike Bloomberg looks to buy WSJ or WaPo: Report | Media News
A merger would create a financial data and news giant, further firming up the world’s 12th-richest man’s stronghold. Billionaire Michael Bloomberg, the
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