BitMEX founder Arthur Hayes considers the possibility that Bitcoin has already printed a bear market trough, saying three key players likely ran out of BTC to sell. In a new blog post, the crypto veteran identifies three groups of investors who have been forced to part with their Bitcoin treasures this year due to the …
One Canada Square in the heart of the Canary Wharf financial district between the Citibank building and the HSBC building on October 14, 2022 in London, United Kingdom. Mike Kemp | In pictures | Getty Images The UK government on Friday announced sweeping financial regulatory reforms that it says will overhaul EU laws that “stifle …
UK announces major overhaul of its financial sector in a bid to boost growth Read More »
Dec 7 (Reuters) – China on Wednesday announced the most sweeping changes to its strict zero COVID policy since the pandemic began three years ago, easing rules that had curbed the spread of the virus but had hobbled the world’s second-largest economy worldwide and sparked protests. The easing of rules, which include allowing infected people …
Reaction to China’s easing of COVID restrictions in major policy shift Read More »
Comment this story Comment An outside group asked to examine the Food and Drug Administration’s problems following an infant formula crisis this year has delivered a scathing assessment of the agency’s structure and culture. and recommended major restructuring, possibly including disbanding the agency so that oversight of the food system receives more attention. The FDA …
Scathing report calls for major changes at FDA, including possibly winding up agency Read More »
Insider’s experts choose the best products and services to help you make informed decisions with your money (here’s how). In some cases, we receive a commission from our partners, however, our opinions are our own. Terms apply to offers listed on this page. A credit freeze, also called a security freeze, is a free way …
On December 2, the US Dollar Index (DXY), an index that measures the strength of the dollar against a basket of major foreign currencies, hit 104.40, the lowest level seen in 5 months. To recap, the weight of the US dollar against the basket of major foreign currencies has risen 19.6% in 2022 through September …
The closure of a neighborhood pharmacy means the loss of much-needed services for downtown San Jose residents and business owners. The CVS on The Alameda, which closed about two weeks ago, provided a convenient one-stop shop for groceries, basics and pharmaceutical needs, but it has also become a “magnet” for homeless residents who are staying …
Downtown San Jose Loses Another Major Retailer – San Jose Spotlight Read More »
Throughout 2022, we have seen increases in all major components of fixed income yield (bond yields, swap spreads and credit premia), which has made the period difficult for credit investors to navigate. . However, as Michael Korber, managing director, credit and fixed income, of Perpetual explains, it is from these conditions that we can establish …
Perpetual: An Opportunity Arise in Domestic Credit Markets | MarketScreener Read More »
Rupert Murdoch, CEO of News Corp. Getty Images The plan proposed by Rupert Murdoch to unite press company and Fox faces opposition from one of the major shareholders of both companies, Independent Franchise Partners. The London-based company believes other alternatives, such as breaking up News Corp, should also be explored. He also believes a recombination …
Potential News Corp, Fox meeting faces opposition from major shareholder Read More »
You’re here (TSLA) has been a monster stock for much of its history, especially since its stratospheric run from mid-2019 to late 2021. But in 2022, Tesla stock has been a big loser, poised to take a dive. nearly 52% on 1 November. 22. X That would easily surpass 2016’s 11% plunge, the only other …
Tesla Stock on Track for Worst Year Ever: 4 Major Headwinds Read More »
