Business News
Adani, Embattled Indian Company, Scraps $2.5 Billion Share Sale
The New York Times - 1 Feb 2023 21:49
The cancellation of the offering is a blow to the company and its billionaire owner, Gautam Adani.
Biden and McCarthy Are Set to Discuss Debt Limit as Both Sides Trade Barbs
The New York Times - 1 Feb 2023 12:00
The hours leading up to the meeting have highlighted the differences between the White House and the Republicans who now control the House.
Four-time NBA champion Steph Curry joins his rich neighbors in opposing much-needed new housing near their Bay Area backyards
Business Insider - 1 Feb 2023 22:1482% of Millionaires Ask About Putting Crypto in Their Portfolios, Survey Shows
Bitcoin.com - 1 Feb 2023 03:30
Asset management firm Devere Group says that 82% of millionaires surveyed have asked their financial advisors about adding cryptocurrencies, such as bitcoin, to their portfolios despite the crypto winter. “Wealthy inve...
Air Force Says Proposed Chinese-Owned Mill in North Dakota Is 'Significant Threat'
The New York Times - 1 Feb 2023 02:18
A proposal for a corn mill, which had been welcomed as an economic development success, reflects just how much things have changed with Chinese investment proposals in the U.S.
Disney's $13 Million Drone Extravaganza
Forbes - 1 Feb 2023 00:49
Disney has spent an estimated $13 million on a new drone show at its theme park complex in Paris.
Small Businesses Lost 75,000 Jobs in January
Small Business Trends - 1 Feb 2023 21:30
Small businesses lost 75,000 jobs during January. That's according to ADPs National Employment report January, 2023.
House GOP accidentally gives Democrats supermajority on new 'weaponization' subcommittee
Business Insider - 1 Feb 2023 17:59Megyn Kelly rips TJ Holmes, Amy Robach over 'GMA3' affair: 'It's sad'
New York Post - 1 Feb 2023 16:36
Kelly slammed the pair after photos emerged of Robach jumping into Holmes' arms in a PDA-filled embraced.
Ethereum Price Prediction as $7 Billion Trading Volume Rushes In - Are Whales Buying ETH?
Crypto News - 1 Feb 2023 14:35
The world's second-largest cryptocurrency, Ethereum barely holds above water amid a delicate situation in the market. Investors are patiently waiting for every word of the speech by the Federal Reserve chair, Jerome Powe...
Economic Report: Mortgage demand falls 9% despite rates falling for fourth week in a row
Market Watch - 1 Feb 2023 14:12
Mortgage applications fell 9% in the latest week, the Mortgage Bankers Association said. The average rate for a 30-year mortgage is 6.19%
Fed meeting today: Live updates as Federal Reserve expected to raise rates by quarter of a point
USA Today - 1 Feb 2023 14:01
The FOMC meeting is today. Follow along for live updates leading up to the interest rate decision and Fed Chairman Jerome Powell's news conference.
New US Marine units are taking position on 'key terrain' around Taiwan as tensions rise with China
Business Insider - 1 Feb 2023 14:00Bankrupt crypto lender Celsius used Quickbooks for its accounting just like FTX, report says
Business Insider - 1 Feb 2023 13:09
According to an examiner's report, Celsius' logged its finances in 15 QuickBooks files and failed to produce consolidated statements to the court.
: Can you cook in a wok without a gas stove? Asian Americans are having a heated debate.
Market Watch - 1 Feb 2023 13:03
How wok cooking -- the method behind dishes from kung pao chicken to pad see ew -- and Asian communities in the U.S. fit into the debate over gas stoves.
Intercontinental Exchange Stock To Edge Past The Expectations In Q4
Forbes - 1 Feb 2023 13:00
The exchange surpassed the street expectations in the last quarter, with net revenues (total revenues minus transaction-based expenses) increasing by 1% y-o-y to $1.81 billion.
Whispers of A.I.'s Modular Future
The New Yorker - 1 Feb 2023 13:00
ChatGPT is in the spotlight, but it's Whisper--OpenAI's open-source speech-transcription program--that shows us where machine learning is going.
Elon Musk's 'funding secured' tweet cost investors $12 billion over 10 days, jury reportedly told
Business Insider - 1 Feb 2023 12:33Investors Shrug Off Weak Earnings Reports as Stocks Rebound to Start Year
Wall Street Journal - 1 Feb 2023 12:30
Fewer companies than usual are beating Wall Street's fourth-quarter earnings expectations.
The Fed Is Poised To Hike Interest Rates Again. Is It Enough To Keep Away A Recession?
Forbes - 1 Feb 2023 12:08
The Fed now faces a delicate line between inflation and recession - and assessing the impact of its massive interest rate staircase from 2022.
Dow Jones Newswires: U.K. shop-price inflation hit record high in early January
Market Watch - 1 Feb 2023 09:26
Prices at U.K. stores for Jan. 1-7 were 8.0% higher than the same period a year earlier.
The Moneyist: My mother asked me to return my inheritance so she could give money to my brother, who is an addict. What should I have done?
Market Watch - 1 Feb 2023 07:06
'I've suffered with my own financial and family problems for a long, long time.'