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Business News

Location American Business News for 13 February 2023

I'm a Cherub and I Look Nothing Like a Fat Little Baby

The New Yorker - 13 Feb 2023 21:00
And, for the record, Cupid didn't look like a baby, either--he was a wingèd youth. He had a wife and everything.
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Blockstream Founder: Bitcoin Market Cap Can Reach $200 Trillion by 2032 - Here's Why The market capitalization of Bitcoin (BTC) could reach as much as $200 trillion over the next nine years, if the legendary bitcoiner Adam Back is to be believed. "Early this year I was curious of the claim 'bitcoin 2x's ...
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Binance CEO Warns of 'Profound Impacts' on Crypto Industry if BUSD Is Ruled as a Security Binance CEO Changpeng Zhao (CZ) has warned of “profound impacts” on the crypto industry if stablecoin Binance USD (BUSD) is ruled as a security. His warning followed an alleged lawsuit by the U.S. Securities and Exch...
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6 Touchdown Marketing Campaigns That Didn't Need the Super Bowl It's a reasonable bet that most senior-level marketers would like--even if it's just once--to lead the creation of a Super Bowl ad. After all, who wouldn't want to work with a budget that lets them drop $7 million on the...
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Super Bowl LVII Ad Rankings From EDO

AdWeek - 13 Feb 2023 16:11
Super Bowl LVII Ad Rankings From EDO EDO scored the performance of every national Super Bowl LVII ad airing based on the measure of incremental online engagement for a brand or product immediately following the airing. Each airing is indexed to the median-p...
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Exxon Is an Exile on Wall Street and Loving It

Wall Street Journal - 13 Feb 2023 16:10
The Dow Jones Industrial Average's shake-up in the summer of 2020 dumped Exxon Mobil, Pfizer and Raytheon just as it was their turn to thrive.
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As Shiba Inu Price Explodes, These Hidden Gems Might 10x Shiba Inu (SHIB) is on a make-or-break collision course with the 200 Day MA. Will SHIB burst or bounce ahead of Shibarium launch? Last week analysis touched on the likelihood of a SHIB retracement from resistance at $0.0...
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Bridgewater CIO Warns of Deeper, Longer, and 'Much More Painful' Recession Than What We're Accustomed To Bridgewater Associates’ co-chief investment officer has warned about a recession that is “much more difficult” and “much more painful” than what we’ve been accustomed to. “The dam has been broken where fisc...
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Bitcoin could hit $10M in 9 years but more sidechains needed: Blockstream CEO If Back and Finney's $10 million price prediction becomes true, the BTC market cap will reach approximately $200 trillion.
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Your best indicator for where the stock market is going in 2023 is the 2-year Treasury yield, Mohamed El-Erian says "That's the market indicator that has the most information. And if it continues going up, I would be worried," Mohamed El-Erian told CNBC.
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Biden's new income-driven repayment proposals "can go farther" in helping student-loan borrowers afford payments, Rep. Bobby Scott said.
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All Eyes On CPI

Forbes - 13 Feb 2023 15:56
All Eyes On CPI U.S. equites were down last week in what has been a very strong start so far to 2023.
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How Bruce Jackson Went from the This week, Bruce Jackson's amazing journey from low-income housing in New York to an associate general counsel at Microsoft.
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Major US railroad merger could bring more tar sands to south-east Texas $27bn deal would create the first direct route from Canadian mines to Gulf coast, while another would ship controversial oil from Utah When Lindsay Williams moved into her home near the railroad tracks on Houston's east ...
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What is an Action Plan and How to Create One (+Example)

Small Business Trends - 13 Feb 2023 13:00
What is an Action Plan and How to Create One (+Example) An action plan is an organized list of steps that you can take to reach a desired goal. Here's how to create an action plan and tips to guide you during your strategic planning process.
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Income Tax Applies to Crypto Trading in Bosnia, Tax Administration Says Individuals are expected to pay income tax on gains from cryptocurrency trading, the tax authority of Bosnia has determined. In the absence of dedicated regulations, the federal government in Sarajevo has set up a workin...
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Amazon Stock Is Undervalued At The Current Levels Amazon's stock (NASDAQ: AMZN) has gained roughly 17% YTD as compared to a 6% increase in the S&P500 index over the same period.
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For Mining EV Metals, the Arctic Is Hot

Wall Street Journal - 13 Feb 2023 13:00
The scramble to secure green-energy metals is bringing new life to one of the world's oldest mining hubs.
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Coinbase CEO Brian Armstrong Ready to Defend Staking in Court if Necessary Coinbase CEO Brian Armstrong has said the exchange's crypto staking services are not securities, adding that he is willing to defend this in court. "Coinbase's staking services are not securities. We will happily defend ...
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Apple cofounder Steve Wozniak thinks ChatGPT is 'pretty impressive,' but warned it can make 'horrible mistakes': CNBC "The trouble is it does good things for us, but it can make horrible mistakes by not knowing what humanness is," Wozniak warned.
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'Correcting an injustice': How one company's lies killed thousands of Ohio rubber workers Following decades of deceit, justice is being served after a major rubber industry supplier lied about carcinogens in its product.      
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Jared Kushner did not disclose the $2.5 billion in funds from Saudi Crown Prince Mohammed bin Salman's Public Investment Fund in SEC filings, the Washington Post found.
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