Author: super@dmin
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The Fed: Fed eyes slower rate hikes as recession threat grows
Senior officials at the Federal Reserve expect smaller increases in interest rates will ‘soon be appropriate’ as the threat of recession grows
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Washington Watch: Cannabis banking bill and retirement package both could actually pass Congress by year’s end, analysts say
It has been a long road for Washington’s cannabis banking bill and an unrelated measure targeting the U.S retirement system.
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Futures Movers: Oil price sinks as talks continue over Russia price-cap plan
Oil futures traded lower Wednesday as investors kept tabs on Group of Seven talks on a price cap for Russian oil.
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The Margin: Twitter alternative Hive Social is giving another ‘Hive’ site a bump in business
Whoops! Almost 4,000 people signed up for Hive.com on Monday — mistaking the project management group for buzzy new social media site Hive Social
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Washington Watch: Bipartisan push on R&D tax break looks likely to flop, analysts say
While companies are lobbying Congress to bring back immediate tax deductions for research-and-development costs, analysts are not optimistic on that front.
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The Margin: This dangerous Thanksgiving turkey cooking method leads to 5 deaths and $15 million in damages a year
The Insurance Information Institute reports that on Thanksgiving Day there are roughly 1,000 home fires a year.
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: Thanksgiving and Black Friday waste have a costly environmental impact, which also hurts our wallets
Up to 80% of items — and any plastic packaging they are wrapped in — will end up either in landfill, incineration or low-quality recycling.
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The Ratings Game: Apple iPhone wait times have doubled to after Christmas, UBS says
It’s too late to buy an Apple iPhone 14 Pro or Pro Max in time for Christmas, as supply disruptions have led to a doubling of wait times in recent weeks.
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Key Words: ‘I think his day will come’: Novogratz questions why Sam Bankman-Fried is still a free man after massive FTX ‘fraud’
Galaxy Digital CEO Mike Novogratz has every reason to be furious with FTX and Sam Bankman-Fried. After all, Novogratz has already addressed the fact that his firm doesn’t expect to recover some $77 million in cash and digital assets it had parked with FTX when the whole enterprise went belly-up.
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The Wall Street Journal: FTX co-founder ‘SBF’ accused of treating crypto platform as a ‘personal fiefdom’
Attorneys for the crypto exchange’s new management told a bankruptcy court in Delaware that a ‘substantial amount’ of FTX’s assets are stolen or missing.