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Business December 17, 2022

Cathie Wood is on a Dip-Buying Spree, Buys $11.2 Million Worth of Coinbase Stock

Cathie Wood’s Ark Invest is on a dip-buying spree, adding a total of 296,578 Coinbase shares to the firm’s exchange-traded funds this week. The purchase is valued at around $11.2…

By – Rochdi Rais
Latest news
Business December 17, 2022
Dow Continues To Slump, Falling for a Second Straight Week As Recession Fears Mount

Stocks declined Friday as fears grow over a recession taking place as the Federal Reserve continues hiking interest…

By Rochdi Rais
Business December 17, 2022
FTX Wants to Sell Its Remaining Solvent Pieces As the Restructuring Process Picks Up

FTX wants to sell some of the last solvent pieces of Sam Bankman-Fried’s once-$32 billion crypto empire up…

By Rochdi Rais
Business December 17, 2022
Binance’s CEO CZ is a “Liar”, Says Shark Tank’s Investor Kevin O’Leary

Shark Tank’s investor Kevin O’Leary hit back against Changpeng Zhao, calling him a “liar,” in reply to a…

By Rochdi Rais
Business December 17, 2022
Damage on Russian Soyuz MS-22 spacecraft strands astronauts at International Space Station 

On Wednesday a planned Russian spacewalk in low orbit space was canceled. The Soyuz MS-22 spacecraft docked at…

By Jackie Allen
Business December 16, 2022
Farmers Insurance Asks 9th Circ. To Overturn $5.7M Verdict Over Crash Injuries

USA Herald – This is the case of Barbara Stein et al. v. Farmers Insurance Co. of Arizona…

By Samuel Lopez
Business December 16, 2022
Big Tech Co. Accuses Its Insurer of Bad Faith for Stalling On Theft Coverage Claim

USA Herald – This is the case of Ingram Micro Inc. v. Great American Insurance Co. et al.,…

By Samuel Lopez
Business December 15, 2022
The Sharp Drop in the US Job Market Could Be Help The Country Dodge Recession

A significant slump in the US job market could be the unlikely key to dodging a recession, Jeremy…

By Rochdi Rais
Business December 15, 2022
Cathie Woods Bought The Dip on Nearly $12 Million Worth of Tesla Stock

Cathie Wood’s ARK Invest poured in nearly $12 million in Tesla stock late Wednesday as the stock continued…

By Rochdi Rais
Business December 15, 2022
Stocks Trade Lower As Investors Digest The Fed’s 50 Basis Point Interest Rate Hike

US stocks started the day lower on Thursday after the Federal Reserve met expectations with a 50 basis…

By Rochdi Rais
Business December 15, 2022
Inflation threat is Fading out Quickly – and the Fed should Halt its interest-rate hikes, SaysJeffrey Gundlach 

Billionaire investor Jeffrey Gundlach warned that the Federal Reserve should stop its interest-rate hikes, saying the inflation threat…

By Rochdi Rais

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