Author: super@dmin
-

: Nancy Pelosi steps down as leader of House Democrats after two decades
Speaker Nancy Pelosi makes her much-anticipated decision about serving as the top Democrat in the U.S. House of Representatives.
-

Key Words: Binance CEO Changpeng Zhao accuses FTX’s Sam Bankman-Fried of ‘lying’ to users and investors
The crypto CEO known as ‘CZ’ considered taking over FTX before its bankruptcy filing, but decided against it after looking over the company’s finances
-

The Margin: Taylor Swift fans complain about Ticketmaster — and a senator and an attorney general want answers
Ticketmaster’s dominance ‘insulates it from the competitive pressures that typically push companies to innovate,’ said Sen. Amy Klobuchar.
-

: New FTX bosses accuse Sam Bankman-Fried of trying to undermine company’s Chapter 11 bankruptcy proceeding
The FTX founder has signaled his support for a dueling bankruptcy filing from the Bahamas seeking to take control of certain assets.
-

: Lower middle market private equity firm Riverside Co. sees growth in small portfolio companies despite recession talk
Economic view from Main Street remains more upbeat than the broad economy but Riverside Co. says selling companies may be more challenging in 2023
-

The View From Unretirement: The secret to a happier retirement might be in your ‘retirement quotient’
Why Retirement Coaches Association CEO Robert Laura devised the questionnaire and what its answers reveal.
-

Earnings Results: Alibaba stock pops after earnings as cost cuts pay off
The Chinese e-commerce giant indicated that it was making progress on efforts to cut costs and seeing improvements related to recent disruptions in China.
-

The Fed: Fed’s Bullard says benchmark interest rate in 5%-7% range may be needed to bring inflation down
The Federal Reserve’s benchmark interest rate may need to be increased to 7% to bring inflation down, said St. Louis Fed President James Bullard on Thursday.
-

The Ratings Game: Cisco provides some light amid the tech gloom as earnings show company is on ‘the road to normal’
This earnings season hasn’t been an easy one for the tech sector, marked by layoffs at a number of the sector’s biggest names and concerns about the broader economy illustrated by weakening trends at many businesses.
-

Project Syndicate: America should rethink its economic war on China
At best, an economic war would give the U.S. a Pyrrhic victory. At worst, it could start a new cold war.