Business News
NCAA picks GOP Gov. Charlie Baker to be its new president, saying it wants someone who can create 'bipartisan solutions'
Business Insider - 15 Dec 2022 18:38How Al Horford's Absence Proved His Value To The Boston Celtics
Forbes - 15 Dec 2022 16:00
After looking like world beaters at the start of the NBA season, the Boston Celtics narrowly avoided going 1-3 without Al Horford at the end of their recent West Coast road trip. The ugly results revealed why they recent...
Justin Roiland Talks Art, Creativity, And New Exhibition, 'Debut'
Forbes - 15 Dec 2022 21:09
Between video game design, 'Rick and Morty,' and an overall deal, Justin Roiland partnered with UTA Artists for his first stab at painting with new exhibition, 'Debut.'
Federal Reserve raises interest rate by 0.50 percentage points to curb inflation but sees steeper hikes ahead
USA Today - 15 Dec 2022 01:37
The FOMC interest-rate decision is expected to ripple through the economy, driving up rates for credit cards, HELOCs, mortgages and other loans.
SEC's $1.5 Billion Problem With Stock-Market Middlemen Has Complex Solution
Wall Street Journal - 15 Dec 2022 00:18
Securities and Exchange Commission Chair Gary Gensler has voiced concerns that the current system for executing individual investors' equity trades is rife with conflicts of interest.
Jobless Claims Fell by 20,000 Last Week
Wall Street Journal - 15 Dec 2022 15:59US Cracks Down on Chinese Companies for Security Concerns
The New York Times - 15 Dec 2022 15:45
The Biden administration placed severe restrictions on trade with dozens of Chinese entities, its latest step in a campaign to curtail Beijing's technology ambitions.
Hong Kong crypto futures ETFs raise over $70M ahead of debut
Coin Telegraph - 15 Dec 2022 15:35
The CSOP Bitcoin Futures ETF has raked in $53.8 million while the CSOP Ether Futures ETF has collected $19.7 million in initial investments.
How the Fed's Series of Rate Hikes Could Affect Your Finances
Time - 15 Dec 2022 15:17
As interest rates increase, many economists say they fear that a recession remains inevitable. Here's what to know
A Ukrainian Agency Reinvented This Classic Christmas Carol to Help Children in the War
AdWeek - 15 Dec 2022 14:49
"Carol of the Bells" is one of the most popular Christmas carols, even appearing in the classic holiday film Home Alone. But many people are unaware of its origins: It didn't start as a Christmas tune, and in fact, comes...
Time for Serious Global Crypto Regulation, Germany Says
Bitcoin.com - 15 Dec 2022 14:30
Germany's financial watchdog has issued a call for global regulation of the crypto industry in the aftermath of the FTX collapse. The hands-off approach was wrong, the head of the agency says, insisting it's time to prot...
What's Next For Boston Scientific Stock After An 11% Rise In A Month?
Forbes - 15 Dec 2022 14:00
This recent outperformance of Boston Scientific can partly be attributed to its announcement to acquire Apollo Endosurgery in a $615 million deal.
Need to Know: Tesla and four other laggards should be avoided next year, this technical analyst says
Market Watch - 15 Dec 2022 13:36
Warning on which companies to avoid comes as S&P 500 wobbles within 200-point trading range
Dissecting The Consumer Price Index, Pt 1: 'Inflation' Is Over
Forbes - 15 Dec 2022 03:10
The November CPI confirms that the post-pandemic inflation episode has actually come to an end - though it seems that the Fed and most of the media haven't realized it - a dangerous disconnect.
Tech Trade Group Sues California to Halt Children's Online Safety Law
The New York Times - 15 Dec 2022 01:47
NetChoice, whose members include Amazon, Google, Meta and TikTok, said the new law could cause online services to limit important content for minors.
WeWork's market cap is now smaller than its much more straight-laced rival as the market adjusts to reality
Business Insider - 15 Dec 2022 01:40
After years of chasing growth and scale, WeWork faces a cash crunch. Its more fundamentals-focused competitor Regus has a firmer footing.
'FinTwit' Influencers Face Charges in $100 Million Scheme
The New York Times - 15 Dec 2022 01:40
The conspirators used podcasts and social media to talk up stock prices to their large followings, then sold their shares, according to court filings by the S.E.C. and the Justice Department.
Amid Withdrawals, Binance CEO Warns of Bumpy Months Ahead
Bitcoin.com - 15 Dec 2022 01:00
Binance founder Changpeng Zhao (CZ) has reportedly told staff to expect some difficult months as the leading cryptocurrency exchange is seeing customer withdrawals. The warning comes while the crypto industry is facing c...
Market Extra: SEC votes to propose major overhaul of U.S. stock-trading rules
Market Watch - 15 Dec 2022 00:30
The Securities and Exchange Commission on Wednesday voted to propose a sweeping overhaul of stock-trading rules.
Trump Vows To Dismantle 'Censorship Cartel' If He's Re-Elected--An Apparent Nod To Musk's 'Twitter Files' Release
Forbes - 15 Dec 2022 23:54
After Elon Musk released internal Twitter files that showed how the company decided to remove a New York Post story about Hunter Biden's laptop, Trump said parts of the Constitution should be disbanded.
DeSantis Flip-Flops From Covid Vaccine Supporter To Most Powerful Critic: Here's What Happened
Forbes - 15 Dec 2022 23:53
DeSantis' adoption of full-on legal action against Covid vaccines could give him an angle to attack former President Donald Trump from the right if he challenges him for president in 2024.
Claudine Gay Named Harvard's First Black President -- Here's What To Know About Her
Forbes - 15 Dec 2022 23:52
Gay will also become the second woman in the role.