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: iab economy
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 …
The Keystone pipeline is shut down after an oil spill, halting the flow of 600,000 barrels per day
new York CNN business — The Keystone pipeline was shut down after a leak was discovered near the Kansas-Nebraska border. The closure of the major …
Morgan Stanley upgrades Chinese stocks as global investors rekindle Covid hopes
Hong Kong CNN business — Global traders are increasingly bullish on China as they bet the country will gradually lift Covid restrictions following widespread protests. …
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 …