Business News
Microsoft Slows Some Hiring Amid Economic Uncertainty
Wall Street Journal - 27 May 2022 02:29Is the Stock Market a Shy Bear, or Will It Become a Monster?
The New York Times - 27 May 2022 16:55
The decline has been unnerving, but readers want to know how nasty this year's downturn may become. Our columnist turns to history for answers.
JPMorgan Foresees Increased Blockchain Use in Finance -- Prepares to Offer Related Services
Bitcoin.com - 27 May 2022 06:30
JPMorgan expects blockchain use in finance to increase as the crypto sector grows. The global investment bank says, “We want to make sure that we are able to not only support that but also be ready to provide related s...
Wells Fargo exec responds to reports that it denied mortgages to Black applicants and held sham job interviews
Business Insider - 27 May 2022 21:37How to Weather This Stock Market Storm
Wall Street Journal - 27 May 2022 19:00
For some Main Street investors, this year's decline doesn't feel like a calamity. It feels like an opportunity.
The Fed will raise interest rates again soon. Make these money moves now
CNBC - 27 May 2022 18:14
"If your New Year's resolution was to build a household budget, it may need a refresh and a review," said certified financial planner Cathy Schaeffer.
The Hot Ride This Memorial Day Weekend Is a Minivan. Good Luck Finding One.
Wall Street Journal - 27 May 2022 18:02Two key takeaways from Nansen's UST stablecoin depeg report
Coin Telegraph - 27 May 2022 15:04
Blockchain analysis firm Nansen identifies two major takeaways following Terra's UST algorithmic stablecoin collapse.
Bitcoin and Ethereum at Risk of More Losses, Altcoins May Extend Declines
Crypto News - 27 May 2022 16:17
Bitcoin price recovered above the USD 28,500 zone. BTC attempted an upside break but struggled above USD 29,000. It is currently (11:50 UTC) struggling and might continue to move down towards the USD 27,500 level. Beside...
TerraUSD Crash Led to Vanished Savings, Shattered Dreams
Wall Street Journal - 27 May 2022 15:00
A surgeon in Massachusetts can't stop thinking about how he lost his family's nest egg. People who put their money in TerraUSD thought it would be safe.
MarketWatch First Take: Broadcom will let VMware shop for another buyer, but is any other software company interested?
Market Watch - 27 May 2022 04:03
Virtualization-software maker VMware Inc. agreed to be acquired by Broadcom Inc. on Thursday in an roughly $61 billion deal that will triple the chip maker's software business, and has an usual provision that lets VMware...
Exelon Corp. CEO Christopher M. Crane sells Trump Tower condo for $1.32M
Chicago Tribune - 28 May 2022 00:17
Christopher M. Crane, CEO of Exelon Corp., sold his two-bedroom condo in Trump International Hotel & Tower for $1.32 million.
206 people sent Insider letters addressed to the President about student loan forgiveness. Here are 9 of our favorite.
Business Insider - 27 May 2022 19:04
Buying a home, saving for retirement, living a debt-free life. Readers wrote letters to President Biden arguing their case for student loan relief.
Is CSX Stock A Good Buy At $31?
Forbes - 27 May 2022 16:00British luxury yacht-builder Princess sets sail to find new owners
Sky News - 27 May 2022 15:24
Britain’s biggest luxury yacht-builder is being put up for sale even as a string of the world’s most valuable private vessels are being seized by governments clamping down on their sanctioned Russian owners.
Microsoft is slowing hiring in its Windows, Office, and Teams divisions
Business Insider - 27 May 2022 14:55Elon Musk dares Alexandria Ocasio-Cortez to poll her Twitter followers on whether they're more wary of politicians or billionaires
Business Insider - 27 May 2022 08:00
His taunt comes after AOC said that she would ditch her Tesla for another electric car that's made by unionized workers.
Dow Jones Newswires: Alibaba shares soar in Hong Kong as optimism persists over earnings beat
Market Watch - 27 May 2022 06:51
Alibaba Group Holding Ltd. shares soared in Hong Kong trading on Friday, extending the positive momentum from U.S. trading overnight as investors welcomed the company's better-than-expected earnings.
SEC Drops the Ball on Crypto Regulation and There Are Long-Term Consequences, Says Commissioner
Bitcoin.com - 27 May 2022 04:30
A commissioner with the U.S. Securities and Exchange Commission (SEC) has warned that the securities market regulator has dropped the ball on crypto regulation. “We’re not allowing innovation to develop and experimen...
Earnings Results: Workday stock drops after earnings miss, slightly higher outlook
Market Watch - 27 May 2022 04:26
Workday shares fell after hours Thursday after the human resources cloud-software company's raised forecast remained mostly below the Street consensus.
Business confidence is falling, says Natwest boss
BBC - 27 May 2022 03:03
Firms face problems with supply chains, energy bills and skill shortages, says Alison Rose.