September’s payrolls report provided assurance that the jobs market is strong and that the Fed will have to do more to slow it down.Story Published at: October 07, 2022 at 06:34PM
September job gains affirm that the Fed has a long way to go in inflation fight
Dr. Fauci: A new, more dangerous Covid variant could emerge this winter
Dr. Anthony Fauci has a sober warning for Americans: Don’t be surprised if a new, more dangerous Covid variant emerges this upcoming winter. Story Published at: October 07, 2022 at 05:41PM
Why this investor doesn’t back companies that use carbon offsets
Zack Bogue, a co-founder of Palo Alto-based venture capital firm DCVC, does not invest in companies that depend on carbon offsets to make their business work. Story Published at: October 07, 2022 at 05:14PM
37-year-old millionaire reacts to couple who retired early with $2.2 million in Portugal: It’s ‘like cheating’
The author of “Financial Freedom” says a couple who retired early and is living abroad has done everything right, “maybe too much right.”Story Published at: October 06, 2022 at 06:12PM
Samsung profit plunges in first drop since 2019 as chipmakers feel bite
Samsung forecast on Friday its operating profit plunged 32% in the third quarter of the year as weaker memory pricing and demand hit the technology giant.Story Published at: October 07, 2022 at 12:56PM
Job growth slowed in September as payrolls rose just 263,000 amid Fed rate hikes
Nonfarm payrolls in September increased 263,000 for the month, compared to the Dow Jones estimate of 275,000. The unemployment rate was 3.5%. Story Published at: October 07, 2022 at 01:40PM
Visa partners with FTX in a bet that shoppers still want to spend cryptocurrencies in a bear market
Visa is betting that crypto investors still want to spend their digital currencies as asset prices plummet this year. Story Published at: October 07, 2022 at 12:00PM
The Kremlin behaved ‘like a drug dealer’ over gas supplies, Polish PM says
“The real price of the gas is … the blood of soldiers and people, children and women in Ukraine,” Poland’s Prime Minister Mateusz Morawiecki told CNBC.Story Published at: October 07, 2022 at 11:46AM
More than $100 million worth of Binance’s BNB token stolen in another major crypto hack
Binance said a cross-chain bridge linking with its Binance Smart Chain (BSC) was targeted, enabling hackers to move BNB tokens off the network.Story Published at: October 07, 2022 at 09:07AM
Germany’s relief plan could trigger a UK-style bond meltdown in euro nations
German Chancellor Olaf Scholz last week announced a package worth 200 billion euros ($198 billion) designed to help with soaring energy prices.Story Published at: October 07, 2022 at 06:46AM