Business News
What should be your savings plan for the new year 2023 apart from 50/30/20 rule?
livemint.com - 30 Dec 2022 19:13
A basic savings strategy adheres to the 50/30/20 Rule of Budgeting. If you are new to the realm of finance, let me introduce you to the 50/30/20 Rule, which states that out of your total in hand income after tax, 50% sho...
China's Covid Easing and Policy Pivots Brighten Outlook for Stocks
Wall Street Journal - 30 Dec 2022 12:30
Investors expect a bumpy ride as China rapidly unwinds pandemic restrictions and refocuses on economic growth.
Warren Buffett slams a $300 million streetcar that would run right past Berkshire Hathaway HQ in Omaha. Here's why he wants buses instead.
Business Insider - 30 Dec 2022 00:20$8K dive or $22K rebound? Bitcoin traders anticipate Q1 BTC price action
Coin Telegraph - 30 Dec 2022 15:20
Anything could happen in the coming weeks and months when Bitcoin attempts to break out of its post-FTX trading range.
Economic Report: U.K. house prices see longest losing streak since global financial crisis, lender says
Market Watch - 30 Dec 2022 11:23
U.K. house price falls are on its worst run since the 2008 financial crisis as average house price growth slows down for the fourth consecutive month, Nationwide reports on Friday.
The Wall Street Journal: U.S. tweaks EV tax-credit program in move to appease allies
Market Watch - 30 Dec 2022 05:00
The Biden administration on Thursday signaled its willingness to address some of the concerns expressed by European and Asian allies over a new U.S. tax credit program for electric vehicles.
: Donald Trump paid $0 in taxes in 2020. He's not alone: 60% of households paid no federal income tax that year, but for very different reasons.
Market Watch - 30 Dec 2022 03:39
Donald and Melania Trump paid no taxes for 2020, reporting a loss of $4.8 million that year.
JP Morgan 'pulled the levers' of Jeffrey Epstein's sex-trafficking operation, US Virgin Islands says in new lawsuit
Business Insider - 30 Dec 2022 00:22Report: Cloud revenue growth far outpaces on-premises
Venture Beat - 30 Dec 2022 00:14
Battery Ventures predicts we will see a step-change increase in cloud adoption across every industry and economy.
India's $10 Billion Economy Dream Risks Turning Into Nightmare
Forbes - 30 Dec 2022 14:50
India's economy will leapfrog to the top three globally if it grows about 6.5% annually over the next decade, although political factors and demographics may complicate things.
Futures Movers: Oil on track for annual gain in volatile trading year
Market Watch - 30 Dec 2022 14:36
Oil futures trade near unchanged Friday, set to end 2022 with gains.
UK ministers pledged to match EU spending after Brexit. How's that going?
The Guardian - 30 Dec 2022 14:30
Delays have ended support programmes for the most vulnerable, 'throwing the baby out with the bathwater' Bad boys of Brexit: where are they now? Over the past seven years, two flagship EU programmes have been a lifeline ...
: Tesla is not alone: 18 (and a half) other big stocks are headed for their worst year on record
Market Watch - 30 Dec 2022 14:19
In the worst year for stocks since the Great Recession, several big names are headed for their worst year on record with just one trading day left in 2022.
What To Expect From Credit Suisse Stock?
Forbes - 30 Dec 2022 14:00
Credit Suisse's stock (NYSE: CS) has lost approximately 69% YTD, as compared to the 21% drop in the S&P500 over the same period.
Cannabis Stocks Are Stuck With Their Toxic Ingredients
Wall Street Journal - 30 Dec 2022 14:00
A last political effort to help U.S. marijuana companies access normal banking services has failed while the industry's already sky-high cost of debt is creeping up again.
A new Twitter recruit had to contact a former employee on LinkedIn after onboarding training got cut to just 90 minutes, report says
Business Insider - 30 Dec 2022 13:45
The former employee told The New York Times he was contacted by a new hire asking how services worked at Twitter.
Venezuelan Banking Watchdog to Oversee Crypto Transactions to Preserve Currency Stability
Bitcoin.com - 30 Dec 2022 13:30
Sudeban, the Venezuelan banking watchdog, is currently working on a mechanism to review crypto-related transactions in real-time to control the influence these have on the stability of the exchange market. Analysts have ...
Twitter employees have been bringing their own toilet paper to the office after janitorial services were cut, report says
Business Insider - 30 Dec 2022 13:03FTX customer assets worth more than $3.5 billion have been seized by Bahamian regulators until they can be returned
Business Insider - 30 Dec 2022 12:54
Bahamian regulators have taken control of FTX customer assets worth more than $3.5 billion in an effort to safeguard the funds.
The Year the Long Stock Market Rally Ended
The New York Times - 30 Dec 2022 12:00
How fast inflation and high interest rates upended markets across the globe.
2022 Standouts: Insomniac Music Festivals
Forbes - 30 Dec 2022 06:20
As this year winds down it's time again to look at the people and companies who stood out.