Business associates hit on Sam Bankman-Fried
by new York CNN — The stunning collapse of one of the most well-known crypto firms has quickly turned into a legal battle pitting former executives …
Tag: Economy and economic indicators
Covid-19: China’s surge in cases hits factories and consumer market
Hong Kong CNN — China’s economy is taking a heavy hit as a wave of Covid cases sweeps the country. Since the world’s second largest …
PCE, the Fed’s preferred measure of inflation, is showing prices cooling
Minneapolis CNN — The trend is clear: inflation is cooling in America. The US Federal Reserve’s preferred inflation measure showed that inflation continued to moderate …
Elon Musk’s Twitter blocked links to rival Mastodon. That could raise an alarm with regulators
CNN — Elon Musk’s Twitter sparked an international outcry on Thursday as a number of journalists from major news organizations who covered him were suspended. …
China’s economy reeled ahead of a major Covid policy change, retail sales and unemployment data show
Hong Kong CNN — China’s Covid-stricken economy slumped in November, before its leaders abruptly eased pandemic restrictions, paving the way for a reopening that economists …
Binancen withdrawals surged to $3 billion in 24 hours, says Nansen
Hong Kong CNN — Investors pulled up to $3 billion from Binance on Tuesday, according to blockchain analytics firm Nansen, which is the world’s largest …
Is The Worst Over For Bitcoin And The Rest Of Crypto?
A version of this story first appeared in CNN Business’s Before the Bell newsletter. Not a subscriber? You can login exactly here. new York CNN …
Who are the eager Christmas shoppers unhindered by inflation? GenZ
new York CNNBusiness — There’s at least one group of shoppers excitedly hitting the malls this holiday season — and they don’t seem too concerned …
Nigerians unimpressed by resigned naira banknotes
Abuja, Nigeria CNN business — Nigerians have criticized the central bank’s proposed “redesign” of the country’s local currency to curb counterfeiting and large-scale hoarding outside …
Foxconn protests: The iPhone factory offers to pay its workers to quit and leave the Zhengzhou campus
Hong Kong CNN business — Foxconn has offered to pay newly hired workers 10,000 yuan ($1,400) to quit and leave the world’s largest iPhone assembly …