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Popular Business News this Month

Top 100 Stories to Know for 30 Jun 2022 - United States

For families with strong habits to curb spending, sticking to their strict household budget is the plan.
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America Faces a Housing Bust

Wall Street Journal - 21 Jun 2022 17:45
All the ingredients seemed to be in place at the start of 2022 for a continued housing boom, but now the market has priced itself for a sharp reversal.
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Jerry Jones bought control of Comstock Resources at the depths of the gas bust, and now his stake is worth more than twice what he paid.
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Restaurant checks now come chock-full of fees for everything from "kitchen appreciation" to "wellness."
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In EY's split, fortune may favour the dull

The Economist - 23 Jun 2022 12:02
Bean-counters v lion-tamers
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Ginni Thomas left a voicemailIn a 2010 voicemail, nearly 20 years after the contentious Supreme Court confirmation hearing of her husband, Thomas asked Hill to apologize for "what [she] did."
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Giuliani Demands Recount of His Blood-Alcohol Level

The New Yorker - 14 Jun 2022 16:15
The former New York mayor alleged that his blood-alcohol level had been exchanged for the blood-alcohol level of Hunter Biden.
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Non-Drinkers Are Struggling inWhen Taleah Mona-Lusky got sober, she was told by people in both her professional and personal circles that she should also leave her career in advertising behind. In an industry that celebrates... winning a new client with rounds of shots and encourages drinking as a bonding activity, it was difficult for them to understand how...
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Fight the Bear-Market Blues With Roth IRA Conversion

Wall Street Journal - 24 Jun 2022 11:30
Roth IRAs are the best retirement plans to have, and this year's market declines have put them on sale.
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EY Grapples With Partner Pay, Bear Market in Breakup

Wall Street Journal - 24 Jun 2022 11:30
EY Grapples With Partner Pay,The Big Four accounting firm has made changes to its earlier plan to split the firm, including agreeing to offer some payout to partners who retire this year or next, before the deal closes, according... to an internal webcast.
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BlockFi, Crypto.com, andAfter several days of intense discussions and rumors circulating about insolvency at major crypto hedge fund Three Arrows Capital (3AC), more details about the financial exposure other companies in... the space have had to the hedge fund have emerged, with crypto lender BlockFi being named as one counterparty affected....
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A former executive alleges that she was pushed out of her role at the company in retaliation for raising concerns.
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Corporate Executives Gauge U.S. Economy as Clouds Form

Wall Street Journal - 4 Jun 2022 01:27
Corporate Executives GaugeA long stretch of universal strength is giving way to a muddled outlook on labor, markets and consumer spending: "Brace yourself."
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The SEC's Chair MakesThe Securities and Exchange Commission (SEC) Chair Gary Gensler made what many consider a game-changing statement that can define the future of bitcoin and altcoins. Meanwhile, the price of bitcoin,... ethereum, BNB, XRP, Terra's luna, solana, cardano, dogecoin turn mixed.
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SEC Chair Gensler AffirmsThe chairman of the U.S. Securities and Exchange Commission (SEC), Gary Gensler, says bitcoin is a commodity. He emphasized that the SEC, the Commodity Futures Trading Commission (CFTC), and banking... regulators will collaborate to oversee the crypto sector. Gary Gensler: Bitcoin Is a Commodity SEC Chairman Gary Gensler clarified his position on cryptocurrency, particularly bitcoin, […]
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3M Faces Potentially BillionsThe company will begin court-ordered settlement negotiations over military earplugs next month, following lawsuits filed by thousands of veterans.
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After Roe v. Wade Ruling,Businesses with health plans covering abortion now are weighing whether and how to pay for employees to travel to a state where the procedure is legal.
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Appeals Court Halts Ban OnThe FDA enacted a ban on Juul products Thursday, arguing the company hasn't proven its products are safe.
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The Fire Burning Beneath Crypto's Meltdown

Wall Street Journal - 22 Jun 2022 10:00
Are bitcoin and other crypto tokens crashing because of the usual excesses that accompany advances in finance? Or do they have the sort of fundamental flaws that will see them as historical relics?
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Vince McMahon Investigation:WWE's stock price was down Thursday one day after a bombshell report of Vince McMahon's investigation.
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Our call of the day from Adam Kobeissi says three factors will spell the next bottom, and markets haven't seen any of them yet.
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'Exxon Made More Money ThanIf ExxonMobil's quarterly earnings were -- in President Biden's words -- "more money than God", one wonders how he would describe Apple's profits.
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What Do Chinese ConsumersThe hypermarket model is losing ground, local rivals do better on fast delivery, and geopolitics gives the company headaches. Then there's the red dates problem.
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Microsoft Edge Kicks Off 'AltOnly 0.01% of images posted to Twitter include alt text, and only a few of the top 50 accounts on the social platform have ever used alt text. Microsoft Edge is on a mission to change that. The... Microsoft web browser teamed up with VMLY&R on Twitter campaign "Alt Text Adds More," in which authors,...
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Funds that make concentrated bets on a few stocks are paying the price in this rough market.
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