Business News
Japanese yen touches 32-year low against US dollar
BBC - 14 Oct 2022 06:39
US currency jumped in value against major world currencies after higher-than-expected inflation data.
Meta has burned $15 billion trying to build the metaverse — and nobody's saying exactly where the money went
Business Insider - 14 Oct 2022 03:29Bitcoin Prices Climb To Roughly $19,500 After Recovering From Today's Drop
Forbes - 14 Oct 2022 03:18
Bitcoin prices managed to recover today, erasing all the losses they incurred after a U.S. inflation report pushed risk assets lower. Analysts weigh in on the key variables that drove the decline and subsequent bounce ba...
Banks Feast on Higher Rates, for Now
Wall Street Journal - 14 Oct 2022 20:15
Banks are building up capital thanks to the benefit of higher interest income, but whether it is enough will be strongly tested in the quarters ahead.
Amazon One Technology Growing At Seattle's Climate Pledge Arena
Forbes - 14 Oct 2022 19:00
The Amazon-named Climate Pledge Arena in Seattle was the first sports venue to feature a combination of Amazon One technology with Just Walk Out technology in 2021.
Candy prices soar 13% to record levels ahead of Halloween season
New York Post - 14 Oct 2022 16:52
Trick-or-treating this Halloween may not yield the same amount of sweets as previous years as record levels of inflation have made candy more expensive. The latest inflation figures released by the federal government sho...
Is Agenda Theater Ruining Your Meetings?
Harvard Business Review - 14 Oct 2022 16:40
Research shows that agendas often create the appearance of effective meetings — without actually improving how they’re run.
Kroger seeks to create grocery giant with $20 billion bid for Albertsons
Chicago Tribune - 14 Oct 2022 16:37
The deal will likely get heavy scrutiny from U.S. antitrust regulators, especially at a time of high food price inflation. If approved, the deal is expected to close in early 2024.
Morgan Stanley Profit Falls for Third Consecutive Quarter
Wall Street Journal - 14 Oct 2022 16:30
A deal-making drought dinged the bank's third-quarter results, sending profit down 29% from a year ago
JPMorgan Profit Falls On Investment Loss, Recession Planning
Wall Street Journal - 14 Oct 2022 16:10
Profit at the nation's biggest bank dropped 17% as it built up its defenses for a potential recession and took a nearly $1 billion loss on securities it held.
JPMorgan Chase tops analysts' estimates for third-quarter profit on gains from interest income
CNBC - 14 Oct 2022 16:04
Investors have dumped bank shares lately, pushing JPMorgan and others to fresh 52-week lows this week, on concern that the Fed will trigger a recession.
Will Johnson & Johnson Stock See Higher Levels Post Q3?
Forbes - 14 Oct 2022 16:00
Johnson & Johnson stock (NYSE: JNJ) is scheduled to report its Q3 2022 results on Tuesday, October 18.
Citigroup is set to report third-quarter earnings - here's what the Street expects
CNBC - 14 Oct 2022 15:44
CEO Jane Fraser is trying to turn around the massive bank during a volatile period for markets and the global economy.
Binance Burns Over $500 Million of BNB Tokens - Pump Incoming?
Crypto News - 14 Oct 2022 14:40
The major crypto exchange Binance on Thursday completed its last BNB token burn for the third quarter, with more than 2 million BNB tokens burned at a value of well over $500 million. The total amount of tokens burned du...
How to Reap Tax Breaks from Your HSA
Wall Street Journal - 14 Oct 2022 13:30
Health-savings accounts offer terrific tax advantages, but the rules for them can raise lots of questions. Here are the answers.
What will AI do to branding?
Fast Company - 14 Oct 2022 10:30
AI imaging tools like DALL-E 2 are already creating new opportunities—and thorny issues—for brands. Branded is a weekly column devoted to the intersection of marketing, business, design, and culture. Read Full Story
China EV Leader BYD Enters India's Passenger Car Market As Part Of Global Push
Forbes - 14 Oct 2022 04:48
Aims to more than double India distributorships by end of 2023
A watchdog found colleges are weaseling students into forking over more money to use certain banks for financial aid. Some are fasting, giving up textbooks, and lighting candles to save on bills.
Business Insider - 14 Oct 2022 22:38
Your college could be pushing you to work with partner banks that charge higher fees, a consumer watchdog found.
Equitas Small Finance Bank revises interest rates on FD, RD and savings accounts
livemint.com - 14 Oct 2022 15:33
Equitas Small Finance Bank has announced interest rate revision on savings accounts, fixed deposits (FDs) and recurring deposits (RDs).
Rising prices set to gobble up Americans' Thanksgiving budgets
L.A. Times - 14 Oct 2022 02:45Stablecoin Issuer Tether Fulfills Promise by Reducing Commercial Paper Holdings Down to Zero
Bitcoin.com - 14 Oct 2022 02:30
On October 13, 2022, Tether Holdings Limited announced that the stablecoin issuer has reduced the company’s commercial paper holdings down to zero. The company has said it would reach this goal for a while now, and Tet...