Author: super@dmin
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Distributed Ledger: FTX’s fall: ‘This is the worst’ moment for crypto this year. Here’s what you should know
A weekly look at the most important moves and news in crypto and what’s on the horizon in digital assets.
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Project Syndicate: Global cooperation is not necessary to fight climate change
Technological competition, fueled by the United States’ climate-focused Inflation Reduction Act, may prove to be a more potent driver of innovation
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In One Chart: ‘We’ve seen this before,” warns BofA. Why inflation could take until 2024 to fall to 3% and weigh on stocks.
The U.S. economy is ‘less sensitive to a blunt instrument like interest rate hikes,’ which is why it’s likely too early to rush into battered stocks, say analysts at BofA Global.
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Futures Movers: Oil prices mark first gain in 4 sessions as a modest slowdown in U.S. inflation helps weaken the dollar
Oil futures end higher Thursday for the first time in four sessions, as U.S. data reveal signs of easing inflation, prompting a pullback in the dollar and raising the potential for the Federal Reserve to ease back the size of its interest-rate hikes.
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The Margin: Who is Sam Bankman-Fried, the FTX CEO who lost billions in crypto?
The California native known as SBF never cared for school, has given millions to President Joe Biden and likes his Oreo cookies.
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Earnings Outlook: Home Depot earnings: Wall Street stays upbeat despite signs of weakening home improvement demand
Home Depot Inc. investors will soon learn the real story about what’s happening in the home improvement sector, as some others in the business have said demand is weakening while Wall Street estimates suggest continued strength
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Economic Report: U.S. budget deficit narrows sharply in October
The U.S. federal budget deficit narrowed to $87.8 billion in October, down from $165.1 billion in the same month last year, the Treasury Department said.
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Key Words: Nike’s Phil Knight says Kyrie Irving ‘stepped over the line’ sharing antisemitic film
Irving’s annual endorsement earnings from Nike were reportedly worth at least $11 million — but Nike founder says their relationship is ‘likely over’
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: Mystery couple spent $2 million dishing out $10,000 gifts to people around the world — here’s what happened to the recipients
People in seven countries each received a $10,000 gift and had three months to spend it as part of a study on cash windfalls and happiness.
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The Conversation: Why inequality is growing in the U.S. and around the world
The rich are getting much richer, thanks to large capital gains and favorable tax breaks