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U.S. News December 19, 2022

Dow Sheds 300 Points As Recession Fears Mount and Investors Hope for a Year-End Rally Are Dashed

Stocks plummeted Monday as recession fears soared and investors worried time is running out for a year-end rally. The Dow Jones Industrial Average lost 278 points or 0.84%. The S&P…

By Rochdi Rais Rochdi Rais is the Head of Growth and financial and legal writer at USA Herald. He has been writing and editing financial, legal and U.S. news for years with over +4000 articles published during his career.
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U.S. News December 19, 2022
Madrigal Pharmaceuticals Stock Skyrockets 200% After Positive Results for its Drug to Treat “Silent Disease”

Madrigal Pharmaceuticals’ stock skyrocketed more than 200% on Monday after the biotech firm shared positive results for its…

By Rochdi Rais Rochdi Rais is the Head of Growth and financial and legal writer at USA Herald. He has been writing and editing financial, legal and U.S. news for years with over +4000 articles published during his career.
U.S. News December 19, 2022
Meta Could Pay an $11 Billion Fine to EU for Potential Breach of Antirust Policies

The European Union filed a complaint against Meta for a potential breach of antitrust policies. Meta stock slumped…

By Rochdi Rais Rochdi Rais is the Head of Growth and financial and legal writer at USA Herald. He has been writing and editing financial, legal and U.S. news for years with over +4000 articles published during his career.
U.S. News December 19, 2022
Musk Stepping Down as Twitter’s CEO Could Boost Tesla Stock, Says Loup’s Gene Munster

  Elon Musk stepping down as Twitter’s CEO could be beneficial to Tesla stock, as investors want Musk…

By Rochdi Rais Rochdi Rais is the Head of Growth and financial and legal writer at USA Herald. He has been writing and editing financial, legal and U.S. news for years with over +4000 articles published during his career.
U.S. News December 19, 2022
Former AIG Unit Execs Want $500 Million for Lost Compensation as Part of Chap. 11 Plan

This is the bankruptcy case of AIG Financial Products Corp., being heard in the U.S. Bankruptcy Court for…

By Samuel Lopez With over 20 years of experience in the legal and insurance sectors, Samuel applies his profound legal acumen to investigate and accurately report on the facts.
U.S. News December 19, 2022
Sam Bankman-Fried Sent Back to Bahamas Jail After a Chaotic Day in the Courtroom

FTX’s disgraced founder Sam Bankman-Fried was sent back to a Bahamas jail Monday after a reported plan for…

By Rochdi Rais Rochdi Rais is the Head of Growth and financial and legal writer at USA Herald. He has been writing and editing financial, legal and U.S. news for years with over +4000 articles published during his career.
U.S. News December 19, 2022
Biggest Market Movers Middaday: Disney, Tesla, Carnival and more

Check out the companies making the biggest moves midday Monday:   Disney — Disney fell 3.6% after its…

By Rochdi Rais Rochdi Rais is the Head of Growth and financial and legal writer at USA Herald. He has been writing and editing financial, legal and U.S. news for years with over +4000 articles published during his career.
U.S. News December 19, 2022
Kari Lake Makes Absurd Demand to Imprison Arizona Election Officials

Throughout the Arizona 2022 gubernatorial election cycle, GOP candidate Kari Lake campaigned tenaciously to become the next governor…

By Gabrielle Seunagal Gabrielle Seunagal is a full-time freelance writer, editor, and voice actor, who worked with USA Herald from June 2017 to November 2024. She is passionate about fitness, travel, and combating human rights abuses like human trafficking and child marriage.
U.S. News December 18, 2022
Goldman Sachs To Lay Off Up to 4,000 Employees, or 8% Of Its Staff

Goldman Sachs will lay off up to 8% of its staff — and could take place down as…

By Rochdi Rais Rochdi Rais is the Head of Growth and financial and legal writer at USA Herald. He has been writing and editing financial, legal and U.S. news for years with over +4000 articles published during his career.
U.S. News December 18, 2022
The SEC Accuses Sam Bankman-Fried of “Orchestrating a Massive, Years-Long Fraud”

The Securities and Exchange Commission on Tuesday said it had charged Samuel Bankman-Fried with defrauding investors in FTX,…

By Rochdi Rais Rochdi Rais is the Head of Growth and financial and legal writer at USA Herald. He has been writing and editing financial, legal and U.S. news for years with over +4000 articles published during his career.
U.S. News December 18, 2022
Promoting Your Social Platforms On Twitter Will Now Get Your Account Suspended

“Chief Twit” Elon Musk said users have to pay to advertise on the website, even if it’s just…

By Rochdi Rais Rochdi Rais is the Head of Growth and financial and legal writer at USA Herald. He has been writing and editing financial, legal and U.S. news for years with over +4000 articles published during his career.

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