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Business News

Location American Business News for 26 October 2023
Amanda Serrano and Danila Ramos Plan to Show They Can Box by Men's Rules When Amanda Serrano and Danila Ramos meet in the ring Friday night, they will spar for 12 three-minute rounds, following the format used for men's fights.
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Bread hit by card-spending slowdown, rising delinquencies

American Banker - 26 Oct 2023 22:40
Bread hit by card-spending slowdown, rising delinquencies Intensifying economic pressures caused Bread Financial's customers to cut their credit card spending by 13% during the third quarter as the rate of delinquent accounts rose.
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18 Dead In Lewiston Mass Shootings, Maine Officials Say--Suspect Still At Large Authorities are still looking for a person of interest related to Wednesday night's shooting.
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Shiba Inu Price Prediction as 10% 24-Hour Rise Sparks Optimism: Are Investors Eyeing New Highs? The Shiba Inu price has jumped by 8.5% today, with its rise to $0.00000803 coming as the cryptocurrency market as a whole gains by a less impressive 1%. This move means that SHIB has now risen by 19% in a week and by 10%...
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Here are the 14 highest-paying bachelor's degrees

Business Insider - 26 Oct 2023 12:03
Here are the 14 highest-paying bachelor's degrees People with a bachelor's in electrical engineering earned $106,600 a year, according to Census Bureau data.
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Crude-oil futures end at their lowest in two weeks Thursday following their first gain in four sessions.
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First Mover Americas: Deutsche Bank Trials a SWIFT Alternative for Stablecoins The latest price moves in bitcoin (BTC) and crypto markets in context for Oct. 25, 2023. First Mover is CoinDesk's daily newsletter that contextualizes the latest actions in the crypto markets.
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Morgan Stanley Names Ted Pick, a Bank Veteran, Its Next C.E.O. Mr. Pick's ascension caps an unusually public three-way race to replace James Gorman, who presided over steady growth after taking over in 2010.
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JPMorgan CEO Jamie Dimon Sees Nuclear Proliferation as 'Most Serious Thing Facing Mankind' JPMorgan Chase CEO Jamie Dimon has identified nuclear proliferation as "the most serious thing facing mankind." According to the United Nations, "the risk of a nuclear weapon being used is currently higher than at any ti...
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Clarence Thomas never paid back a$267,230 loan from a rich friend used to buy a luxury RV, Senate committee finds Clarence Thomas' $267K loan from Anthony Welters bought a luxury Prevost Marathon RV. Thomas didn't report the forgiven debt, a Senate inquiry found.
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Spookier Than C-SPAN

The New Yorker - 26 Oct 2023 17:53
Spookier Than C-SPAN Costumes for kids who watch cable news.
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Orders for durable or long-lasting goods jumped 4.7% in September, largely because of a flush of new contracts for Boeing airplanes.
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IRS an "unlikely savior" of quarterly results, analysts say.
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CDC Advisors Recommend Mpox Shots For Routine Prevention Among At-Risk Adults--Here's What To Know There have been more than 30,000 mpox cases and 54 deaths reported in the U.S. but vaccine maker Bavarian Nordic said "a significant number of people" are still vulnerable to infection.
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GDP report shows US economy grew a strong 4.9% in the latest quarter as Fed mulls rate hikes The US economy grew a stellar 4.9% from July through September, driven by robust consumer spending despite the Federal Reserve's efforts to slow the economy with high interest rates.
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Manfred's MLB Agenda: New Stadiums, Expansion, End Of AL & NL This was as successful a move as baseball has made since the institution of the designated hitter in the American League in 1973.
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Ex-FTX Chief's Defense Team Challenges FBI Interviews, Raises Questions About Witness Credibility On Wednesday, the defense team for the former FTX CEO Sam Bankman-Fried issued a letter to the judge seeking to question two FBI agents who interviewed Gary Wang, former chief technology officer of FTX, and Nishad Singh,...
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Peter Brandt says Bitcoin bottom is in, but prepare for a 'chopfest' The prop trader believes that while Bitcoin has already bottomed, traders should brace themselves for a volatile fight to the next new all-time high.
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Ford and United Auto Workers' union negotiators reach potential new deal Agreement is pending union leadership approval and is the first settlement in the strike against big three automakers Ford Motor Company and the negotiators of the United Auto Workers (UAW) union have reached a labor dea...
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SBA-supported lending to women-owned small businesses is up nearly 70% since 2020, reaching over $5 billion in annual loan volume.
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Binance Blasts CFTC for Trying to Be World's Derivatives Police, Seeks to Dismiss Lawsuit Binance has submitted a new motion to dismiss the lawsuit filed by the U.S. Commodity Futures Trading Commission (CFTC) against it. The leading cryptocurrency exchange urges the court to reject the agency's attempt to ex...
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Morgan Stanley names insider Ted Pick as CEO, ending months of speculation Pick, who joined the company in 1990 and was promoted to Managing Director in 2002, leads the institutional securities division, home to investment banking and trading.
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