Author: super@dmin
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The Big Number: Coinbase set to be worth less than $10 billion for the first time ever
The punishing decline of Coinbase Global Inc.’s stock this year is set bring the company’s closing market value below $10 billion for the first time on record.
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: Charities funded by Sam Bankman-Fried may be asked to return donations: ‘I had assumed FTX to be a reputable company’
Charities that benefited from Sam Bankman-Fried’s ‘effective altruism’ are facing an ‘unfortunate reality,’ according to one expert.
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: Tesla stock at two-year low, other EV-maker shares plunge as concerns simmer about China, oil futures
Tesla shares on Monday were poised to end at a two-year low as worries about China’s COVID-19 lockdowns re-emerge and oil futures prices drop to lowest level since January.
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Cannabis Watch: New York issues first retail cannabis licenses to business owners with a past conviction in a first for the sector
New York State’s Cannabis Control Board gives 28 cannabis retail licenses to people with convictions or family members with a cannabis record.
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: ‘Billions more are going to the same schools’: Colleges accused of scamming students keep tapping federal student debt funds, report says
The National Student Legal Defense Network claims students at risk of accumulating taxpayer-funded debt for worthless degrees.
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In One Chart: Tech hiring is slowing down — this chart explains how and why
Shares of Meta, Alphabet Inc., Amazon, Microsoft and others have all suffered after a string of earnings that disappointed Wall Street.
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Metals Stocks: Gold settles lower as dollar jumps on news of China tightening COVID-19 restrictions in Beijing
Gold prices on Monday extended last week’s losses as news of China’s worsening COVID-19 outbreaks support the dollar
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The Fed: Fed’s Daly says financial markets are acting like interest rates are much higher than they actually are
Financial markets are acting like the Federal Reserve’s benchmark interest rate is around 6%, said San Francisco Fed president Mary Daly
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Outside the Box: Any R&D tax break for multinationals in the lame-duck session should come with strings attached
Any intellectual property created by taxpayer-subsidized tax credits should stay in American hands.
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The Margin: British band The Farm blocked their hit song from appearing in a McDonald’s Qatar World Cup ad
The Qatar World Cup is mired in controversy over the plight of migrant workers and LGBTQ+ rights in the Gulf nation.