Business News
Longtime Alsip banquet hall Chateau Bu-Sche' has new owner, to reopen with new name
Chicago Tribune - 1 May 2023 23:48The Air Has Come Out of the Dollar
Wall Street Journal - 1 May 2023 11:30
The U.S. economy no longer looks so exceptional. That is bad news for the dollar.
U.S. Bank Failures Are Fueling Crypto Adoption
Forbes - 1 May 2023 23:02
Cryptocurrency adoption in the U.S. increased amid fears of a full-blown banking crisis, a new poll finds. According to Morning Consult, 22% of Americans, over one in five, said they owned at least one form of crypto in ...
Robert Kiyosaki Says Regional Banks Are Being Wiped Out -- Calls Fed 'Criminal'
Bitcoin.com - 1 May 2023 02:00
Rich Dad Poor Dad author Robert Kiyosaki says the Fed is wiping out regional banks by supporting only big banks, like JPMorgan Chase. Stating that the Fed "is criminal," he warned that its actions "will bring down" the U...
Exxon And Chevron Notch Earnings Beats As Big Oil Continues To Fire
Forbes - 1 May 2023 02:00
Chevron and Exxon Mobil have announced big earnings beats, as big oil continues to perform exceptionally well in the face of economic uncertainty.
Mark Hulbert: Are we in the beginning of a new bull market? The odds are against it.
Market Watch - 1 May 2023 18:36
My monthly contrarian update of market timer sentiment
With First Republic, JPMorgan's Dimon Gets Over Financial Crisis Laments
Wall Street Journal - 1 May 2023 14:24
Jamie Dimon has often expressed regret at his bank's past role as savior, but there is opportunity in latest rescue
Israeli Startups Struggle to Raise Money Amid Political Turmoil, Global Downturn
Wall Street Journal - 1 May 2023 14:16JPMorgan Stock Up 5% After Buying First Republic From FDIC
Forbes - 1 May 2023 14:12
Has JPMorgan learned the right lessons of its Bear Stearns and WaMU takeovers?
Hailed for Pristine Luggage, Rimowa Is Trying Something Different: Used, Dented Luggage
AdWeek - 1 May 2023 12:00
Since 2015, Charles Skuba, professor emeritus at Georgetown University's McDonough School of Business, has taught an elective course on luxury marketing. And to each class, he gives the same assignment. A wealthy relativ...
2 reasons why Bitcoin Ordinals are 'positive' for the BTC: Grayscale
Coin Telegraph - 1 May 2023 03:27
Ordinals have been a controversial topic within the Bitcoin community but crypto investment firm Grayscale says there's two main reasons to be optimistic.
Dow Jones Newswires: South Korea's exports fall for seventh straight month as chip sales plunge
Market Watch - 1 May 2023 02:12
South Korea's exports fell, on an on-year basis, for a seventh consecutive month in April on weak global demand, their longest losing streak in more than three years.
These sub-$40 upgrades make working from home even better
Fast Company - 1 May 2023 02:05
Wheel around in your comfy-armed chair to grab a cold drink that won’t leave rings on your desk thanks to your giant mousepad. And more! I’ve been working from home for a long, long time. And I’ve tried every trick...
Russian Official Expects Agreement on BRICS Currency This Year
Bitcoin.com - 1 May 2023 00:00
The chairman of the State Duma Committee on the Financial Market says that an agreement on the BRICS currency can be reached in 2023 as BRICS nations ramp up their de-dollarization efforts to shift away from U.S. dollar ...
Trump agrees to appear on CNN for NH town hall, Kaitlan Collins to moderate
New York Post - 1 May 2023 23:50
"CNN This Morning" anchor Kaitlan Collins will serve as the town hall's moderator.
First 113,000 letters about Medicaid health coverage renewals going out in Illinois this week
Chicago Tribune - 1 May 2023 23:46
The state is sending out an initial 113,600 letters that will tell people what actions they need to take to stay on Medicaid.
: U.S. could default on debt as soon as June 1 if Congress doesn't increase borrowing limit, says Treasury Secretary Yellen
Market Watch - 1 May 2023 23:46
Treasury Secretary Yellen warns that the U.S. could breach its debt ceiling as soon as June 1 if Congress doesn't raise the nation's borrowing limit.
Hunter Biden Paternity Case: Arkansas Judge Orders President's Son To Answer Questions About Finances
Forbes - 1 May 2023 23:43
Hunter Biden must answer questions about his finances, including his art sales and investments, as part of a child support dispute with the mother of his 4-year-old daughter, an Arkansas judge ruled Monday.
White House Considers Two Key Nominations at the Fed
The New York Times - 1 May 2023 23:43
Administration officials are considering Adriana Kugler, an official at the World Bank, for a Fed governor job, while elevating a sitting governor to the role of vice chair.
Key Words: Tech companies ramping up AI efforts while cutting ethics teams 'might not be a good look,' feds warn
Market Watch - 1 May 2023 23:40
The Federal Trade Commission is continuing its crusade against deceptive uses of artificial intelligence.
Bitcoin Drops Below $28K; JPMorgan Takes Over Embattled First Republic Bank
Coin Desk - 1 May 2023 23:39
BTC's price had dropped from well above $29,000 since Sunday evening. Investors await Wednesday's FOMC decision.
In Charlotte's Biggest Labor Protest In Two Decades, 500 American Pilots Decry Slow Pace Of Contract Talks
Forbes - 1 May 2023 23:35
In Charlotte's largest labor demonstration in two decades, about 450 American Airlines pilots protested the slow pace of contract talks near an entrance to Charlotte Douglas International Airport on Monday.