Wall Street is grappling with a sharp decline in deals as IPOs slowed to a crawl, the pace of acquisitions fell and stocks had their worst half since 1970. Story Published at: August 04, 2022 at 04:28PM
Job cuts and smaller bonuses loom for Wall Street amid collapse in IPOs and stock issuance
Trump likely to be criminally charged in DOJ election probe along with other former White House officials, Obama AG Holder says
Former Obama Attorney General Eric Holder said a Georgia prosecutor is more likely to act sooner than the Justice Department against Donald Trump.Story Published at: August 04, 2022 at 10:00PM
Monkeypox: What to know about the new public health emergency, from symptoms to risk
Monkeypox is becoming a U.S. public health emergency. Here’s what you need to know about the virus, including symptoms and how to protect yourself against it.Story Published at: August 04, 2022 at 08:45PM
Biden administration declares monkeypox outbreak a public health emergency in the U.S.
The U.S. has confirmed more 6,000 monkeypox cases over the past two months, more than any country in the world. Story Published at: August 04, 2022 at 08:13PM
Goldman Sachs, bank behind the Apple Card, says regulators are investigating its credit card practices
As part of CEO David Solomon’s push into retail banking, Goldman launched the Apple Card in 2019. Story Published at: August 04, 2022 at 06:36PM
Bank of England’s Bailey warns UK faces ‘very big’ inflation shock, defends historic rate hike
The Bank of England on Thursday defended its decision to hike rates at the fastest clip in 27 years, saying the U.K. faces a “very big” inflation shock.Story Published at: August 04, 2022 at 04:07PM
Coinbase shares soar more than 20% in boost from meme traders, BlackRock crypto deal
BlackRock has selected Coinbase as its crypto trading partner.Story Published at: August 04, 2022 at 03:07PM
Bank of England launches biggest interest rate hike in 27 years as inflation soars
The Bank of England on Thursday hiked interest rates by 50 basis points, its largest single increase since 1995, as it tries to rein in runaway inflation.Story Published at: August 04, 2022 at 12:02PM
Alibaba shares jump 7% after quarterly earnings beat expectations
In the quarter, Alibaba faced a number of headwinds including a resurgence of Covid and lockdowns that led to a sluggish Chinese economy. Story Published at: August 04, 2022 at 11:42AM
UAE hospital group Burjeel posts record full-year revenues ahead of a potential IPO
Burjeel Holdings on Thursday reported record full-year 2021 revenue of 3.35 billion UAE dirhams ($912m) and a profit for the year of 234 million UAE dirhams.Story Published at: August 04, 2022 at 11:11AM