H&M will no longer sell a line of Justin Bieber merchandise after the musician told fans he didn’t “approve” of the clothing bearing his name and likeness.Story Published at: December 21, 2022 at 07:57PM
H&M removes Justin Bieber merchandise following criticism from pop star
The FTX disaster has set back crypto by ‘years’ — here are 3 ways it could reshape the industry
The collapse of FTX, once a $32 billion exchange, has shattered investor confidence in crypto. CNBC looks at how it may reshape the industry in the long run.Story Published at: December 19, 2022 at 12:01PM
Zelenskyy to meet with Biden, address a joint session of Congress on his first wartime trip to U.S.
Ukrainian President Volodymyr Zelenskyy will meet with President Joe Biden at the White House and then address a joint session of Congress in the evening.Story Published at: December 21, 2022 at 02:02PM
Treasury yields muted as calm returns to bond markets after sell-off
U.S. Treasury yields were muted as global bond markets stabilized after the previous session’s sell-off on the back of Bank of Japan’s surprise policy shift.Story Published at: December 21, 2022 at 07:31AM
Goldman Sachs says the Bank of Japan may start tightening, but others disagree
The BOJ’s monetary meeting concluded Tuesday with no change to its current ultra-low interest rate at -0.1%, a stance it’s held since 2016.Story Published at: December 21, 2022 at 07:15AM
Investments are set to flow back into China as tech giants avoid U.S. delisting, government pledges policy support, says investment manager
As Chinese tech companies avoid U.S. delisting risk, investment dollars could flow back into these names, says investment manager KraneShares. Story Published at: December 21, 2022 at 06:17AM
Read how much Trump paid — or didn’t pay — in taxes each year
Donald Trump has guarded his income tax returns from public disclosure. A House committee has voted to release them in redacted form.Story Published at: December 21, 2022 at 05:13AM
Dan Yergin says oil prices could hit $121 a barrel when China fully reopens
S&P Global’s base case forecast for oil prices is $90 a barrel for 2023, but Dan Yergin warns there are major uncertainties looming over markets.Story Published at: December 21, 2022 at 03:15AM
Only one Trump tax return as president got mandatory IRS audit, report says
A report on Donald Trump’s federal income taxes was released after a House panel votes to make public redacted copies of his tax returns.Story Published at: December 21, 2022 at 03:10AM
Elon Musk tries to explain why Tesla shares are tanking
As Tesla shares sank 8% on Tuesday, reaching a new 52-week low, CEO Elon Musk tried to blame macroeconomic factors.Story Published at: December 21, 2022 at 12:38AM