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JPMorgan Chase Summarized U.S. Economy In One Paragram; It Doesn’t Look Good
JPMorgan Chase CEO Jamie Dimon on Thursday summarized the state of the U.S. economy in one paragraph, and it looks bad. Dimon said the U.S. “economy continues to grow and…
By – Rochdi RaisLatest news
Dow Plunges 142 Points As Wall Street Asses The Possibility of Tighter Monetary Policy
Stocks plunged Thursday as big bank earnings showed disappointing results and as traders assessed the possibility of even…
By Rochdi RaisYellen Janet Warns Inflation Is “Unacceptably High” And Lowering Prices Is “Top Priority”
U.S. Treasury Secretary Janet Yellen has warned that inflation in the U.S. is “unacceptably high” and said that…
By Rochdi RaisRussia has ammo shortages from Ukraine’s Himars and MLRS hits on weapons depots
Ukraine is targeting Russian depots using US-supplied Himars missiles and British long-range MLRS weapons. And Vladimir Putin’s forces…
By Jackie AllenElectric Vehicle Startup Rivian IS Planning Hundreds Of Lay Offs, a Report Says
Electric vehicle startup Rivian Automotive is programming layoffs that could shrink its workforce by about 5% after the…
By Rochdi RaisHow Three Arrows Capital Went From Being Worth $10 Billion To $0 In 3 Months
Three months ago, Three Arrows Capital managed about $10 billion in assets, making it one of the largest…
By Rochdi RaisCryptocurrencies Should Be Regulated, Says Federal Reserve Vice Chair Lael Brainard
Federal Reserve Vice Chair Lael Brainard has joined the list of officials asking to regulate cryptocurrencies before the…
By Rochdi RaisElon Musk Wants To Cancel His $44 Billion Twitter Purchase Deal
Billionaire Elon Musk wants to terminate his $44 billion deal to buy Twitter, according to a letter sent…
By Rochdi RaisBitcoin Is Heading To Its Best Week Since October, As Investors Regain Hope
The price of bitcoin had a small respite this week as investors hoped that the worst of the…
By Rochdi RaisAfter Halting Withdrawals, Celsius Transfers 250,000 Wrapped Bitcoin To FTX Exchange
Lending platform Celsius has transferred nearly 25,000 Wrapped Bitcoin (wBTC), worth $528.9 million, to crypto exchange FTX, raising…
By Rochdi RaisTwitter Stock Fell 4% After Elon Musk’s Buying Deal Becomes “In Serious Jeopardy”
Twitter stock fell 4% in pre-market trading on Friday after the Washington Post reported Elon Musk’s $44 billion…
By Rochdi Rais