Winning McNamee The FOMC meeting on Wednesday, December 14 will be an important event as it will end the rapid process of raising rates to catch up with inflation and move into the next phase, focusing on level and duration long. Listening to Fed officials since the November FOMC meeting, it is clear that the …
The Fed could give the market a huge surprise this week Read More »
Bitcoin BTC and cryptocurrencies are still reeling from the sudden collapse of crypto exchange FTX last month (even the biggest bitcoin price bulls suddenly reverse their forecasts). Subscribe Now to Forbes CryptoAsset & Blockchain Advisor and successfully navigate the latest bitcoin and crypto market crash The price of bitcoin has bottomed out at around $17,000 …
(Maurie Backman) If you’re a retiree struggling to make ends meet in the face of inflation, you’re definitely in good company. The cost of living has skyrocketed over the past year and although inflation is showing signs of easing, much progress still needs to be made before people see any noticeable relief. You might especially …
On social security and the return to work? Prepare for that unwanted surprise Read More »
(Bloomberg) – Alibaba Group Holding Ltd. reported a surprise loss after quarterly revenue barely rose as China’s rigid Covid controls continue to depress consumer sentiment. Bloomberg’s Most Read China’s e-commerce leader reported a net loss of 20.6 billion yuan ($2.9 billion) against forecasts of a profit of almost the same amount, after writing down the …
Alibaba posts surprise loss as China’s Covid restrictions take their toll Read More »
