Author: super@dmin
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: Food insecurity jumps this Thanksgiving as food banks struggle with dwindling supplies
One in five adults reported household food insecurity in 2022, meaning they were unable to acquire adequate food for one or more family members.
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Market Extra: Hedge-fund manager Bill Ackman says the Hong Kong dollar is his ‘big short’ right now
Hedge fund giant Bill Ackman tweeted Wednesday that his fund Pershing Square has “a large notional short position against the Hong Kong dollar” via put options
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: Dr Martens shares given the boot after profit warning
Lower margins and a more cautious consumer leave shares well below IPO price.
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: Apple interested in buying Manchester United: report
Unsourced story claims Tim Cooke might pay £5.8bn for English Premier League club
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Key Words: ‘Why aren’t you in jail already?’ Internet erupts after Sam Bankman-Fried confirms participating in New York Times’ DealBook
The disgraced founder of failed crypto exchange FTX will attend the New York Times’s annual Dealbook conference
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Dow Jones Newswires: Turkey central bank cuts policy rate to 9%
The Turkish central bank on Thursday reduced its benchmark rate to 9% from 10.5%.
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Key Words: ‘We let FTX get too big before we started questioning.’ Binance CEO Changpeng Zhao regrets not tweeting about FTX sooner
Changpeng Zhao, CEO of Binance, told Bloomberg on Thursday that he regretted not tweeting about FTX concerns sooner.
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Dow Jones Newswires: Remy Cointreau shares tumble after distiller warns of second-half slowdown
The maker of Remy Martin cognac and Cointreau orange liqueur, backed its full-year guidance for strong organic growth, but said the second half of the fiscal year, would see some normalization after exceptional postpandemic demand.
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Dow Jones Newswires: German business sentiment improves in November
The Ifo business-climate index rose to 86.3 points in November from a revised reading of 84.5 points in October, data from the Ifo Institute showed Thursday.
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Dow Jones Newswires: Riksbank lifts policy rate to 2.50% from 1.75% and raises rate path
The Riksbank now expects the policy rate to peak at around 2.8% in 2023, from around 2.5% previously, remaining at that level throughout 2024 and 2025.