Author: super@dmin
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Market Extra: A Bear Stearns moment awaits if actions like the Bank of England intervention don’t calm markets, BofA analysts say
The Bank of England may have stabilized the U.K. bond market by aggressive purchases of longer-dated securities, but it, and other central banks, aren’t out of the woods just yet, according to an analysis from Bank of America.
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The Wall Street Journal: White House prepping new export restrictions for semiconductors
The Biden administration is preparing new export controls on semiconductors and the machines to make them, the latest push in its effort to deny China the ability to make the fastest, most cutting-edge circuitry possible, according to people familiar with the situation.
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Dow Jones Newswires: Itochu Corp. shares surge after guidance upgrade, buyback plan
Itochu Corp. shares rose sharply Tuesday morning after the Japanese trading house boosted its fiscal-year earnings guidance and announced a share buyback plan.
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MarketWatch First Take: Get ready for ‘a proxy battle for the soul of the internet’ — Supreme Court’s next target could be the web’s most important law
Since Congress has not yet been able to enact any legislation to punish or rein in Big Tech, the Supreme Court is going to try.
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: Poshmark to be bought by South Korean internet company Naver in $1.2 billion deal
Online secondhand-fashion marketplace Poshmark Inc. has agreed to be bought by South Korea-based internet company Naver in a $1.2 billion deal, the two companies announced Monday.
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The Human Cost: Norwegian Cruise Line drops COVID-19 testing, vaccination and masking. Should you take a cruise without these? Experts weigh in.
The cruise line cites ‘significant, positive progress in the public-health environment’ as part of its decision to loosen its public-health policy.
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Economic Report: ‘The figures were weak’: Construction spending falls in August, more than Wall Street analysts’ expectations
Construction spending fell 0.7% in August, the Commerce Department reported Monday.
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: SEC fines Kim Kardashian $1.26 million over Instagram post touting crypto — and yet over one-third of people rate online-investing sources as ‘extremely important’
Kim Kardashian neither admitted or denied the SEC allegations of touting crypto without disclosing compensation.
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TaxWatch: Hurricane Ian victims now have until early 2023 for tax deadlines, including extensions on this year’s income-tax returns, IRS says
The IRS has already pushed back the filing deadlines for other natural disasters, including Hurricane Fiona victims in Puerto Rico.
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The Moneyist: ‘He makes irresponsible choices’: My brother pays my mother’s mortgage and co-owns her home. How can I ensure that my other sibling and I each inherit 1/3 share?
‘Would swapping me for my mother onto the deed as part owner with my brother be a sound solution?’