Business News
Boring Was King of Healthcare in 2022
Wall Street Journal - 28 Dec 2022 17:28
This was the year when investors rewarded companies for minting cash and keeping it simple.
Why So Many Accountants Are Quitting
Wall Street Journal - 28 Dec 2022 16:00Pending home sales plummet to 'second-lowest history' of key index
New York Post - 28 Dec 2022 19:08
The National Association of Realtors' Pending Home Sales Index fell 4% to 73.9 last month -- the lowest since NAR launched the index in 2001.
Growth in home prices tumbles to lowest levels in two years
New York Post - 28 Dec 2022 04:21
The S&P CoreLogic Case Shiller national home price index increased by 9.2% in October, down from 10.7% in September and notching the first single-digit gain since November 2020.
The Tell: 'The days that killed the year': These 5 trading sessions accounted for 95% of the S&P 500's losses in 2022
Market Watch - 28 Dec 2022 20:46
Just five trading sessions accounted for more than 95% of the S&P 500 index losses in 2022 as the U.S. stock market headed for its worst year since 2008.
Gretchen Whitmer Kidnapping Co-Conspirator Sentenced To Nearly 20 Years In Prison
Forbes - 28 Dec 2022 19:59
The sentence was the longest of any imposed on the 14 men arrested in the case.
Tata Power Renewable to set up 255 MW hybrid project in Karnataka
livemint.com - 28 Dec 2022 16:31
The project will be commissioned within 24 months from the PPA execution date
Canaan expects minor revenue drop in 2022 despite crypto mining crisis
Coin Telegraph - 28 Dec 2022 14:30
Crypto mining firm Canaan expects its annual RMB-denominated revenue to drop less than 15% despite the crypto market cap plummeting 70% in 2022.
Market Extra: Tesla stock is the most oversold it has ever been
Market Watch - 28 Dec 2022 14:30
Tesla stock's RSI indicator sinks to a record low, but oversold doesn't necessarily mean the selloff is over.
China Resumes Approving Foreign Videogames
Wall Street Journal - 28 Dec 2022 14:02Ethereum Price Prediction as $4,500,000,000 Trading Volume Comes In - Where is the ETH Bottom?
Crypto News - 28 Dec 2022 13:45
Ethereum has a bearish outlook, which could lead to further price drops. It recently fell below the $1,200 level despite last week's positive price movements. There is a risk of it falling below the support level of a tr...
China's EV Market Will Slow in 2023. That Still Leaves It Ahead.
Wall Street Journal - 28 Dec 2022 13:30
Expiring subsidies will weigh on electric-vehicle sales, but China's strength in EVs will prove durable.
Elon Musk, Jeff Bezos, and the 6 other richest Americans have suffered a nearly $400 billion wealth wipeout this year
Business Insider - 28 Dec 2022 13:27Dogs poop less if they eat human-grade food, but it may not be better for their health, say experts
Business Insider - 28 Dec 2022 10:34Philippine Regulator Warns Against Using Unlicensed Cryptocurrency Exchanges Following FTX Collapse
Bitcoin.com - 28 Dec 2022 05:30
The Philippine Securities and Exchange Commission (SEC) has advised investors against transacting with unlicensed cryptocurrency exchanges. The warning followed the collapse of crypto exchange FTX which “left hundreds ...
Former WH aide says Trump allies helped deliver a 'dolly of boxes' full of what may have been classified intelligence documents to the Situation Room in the final days of Trump's presidency
Business Insider - 28 Dec 2022 05:23
Former aide Cassidy Hutchinson had previously testified that she witnessed Trump chief of staff Mark Meadows burning documents in a fireplace.
100%: Public Bitcoin miners sold almost everything they mined in 2022
Coin Telegraph - 28 Dec 2022 04:38
Publicly listed Bitcoin miners sold off nearly everything they mined in 2022 but appear to have started accumulating reserves once again.
Robert Kiyosaki Warns Last Chance to Buy Gold and Silver at Low Prices -- Says Stock Market Crash Will Send Them Higher
Bitcoin.com - 28 Dec 2022 03:30
The famous author of the best-selling book Rich Dad Poor Dad, Robert Kiyosaki, says now may be the last chance to buy gold and silver at low prices. “Inflation moving up. Interest rates moving up. Stock market to crash...
AMC CEO Adam Aron, who earns $19M, asks for salary freeze in 2023 as shares plunge
New York Post - 28 Dec 2022 02:08
AMC Entertainment Chief Executive Officer Adam Aron on Tuesday asked the theater chain operator’s board to freeze his compensation next year because of a sharp drop in the company’s shares. “I do not want ‘more�...
Publicly-Listed Bitcoin Miner Argo Blockchain Suspends Nasdaq Trading
Bitcoin.com - 28 Dec 2022 01:30
Bitcoin miner Argo Blockchain announced that it requested the suspension of trading its company shares on Dec. 27, as the company expects to make an announcement on Wednesday, Dec. 28, 2022. The company's stock has lost ...
Russian Ban On Oil And Oil Product Sales Will Bite The Paper Tiger
Forbes - 28 Dec 2022 01:25
What's significant about Putin's ban is that it essentially puts an end to the paper tiger nature of the price cap sanctions
Treasury Department Outlines Rules for New Corporate Taxes
The New York Times - 28 Dec 2022 00:58
The preliminary guidance applies to an alternative minimum tax for large corporations and a tax on stock buybacks, which helped fund President Biden's climate and health bill.