Lawmakers to hold FTX hearing despite former CEO arrest
NEW YORK (AP) — The House Financial Services Committee plans to hold a hearing into the collapse of crypto exchange…
December 12, 2022
Oil Up $2/bbl On Supply Risks Amid Ongoing Keystone Outage
By Laila Kearney NEW YORK (Reuters) -Oil prices settled up about $2 a barrel on Monday on supply jitters, as…
FTX CEO To Detail “unacceptable Management Practices” In Congressional Testimony
(Reuters) – FTX CEO John Ray will tell lawmakers on Tuesday that the bankrupt cryptocurrency exchange had “unacceptable management practices”…
Gold Is Better Portfolio Diversifier Than Bitcoin -Goldman Sachs
(Reuters) – Goldman Sachs expects gold, with its real demand drivers, to outperform the highly volatile bitcoin in the long…
Americans Expected Waning Inflation Pressures, Rising Incomes In November
By Michael S. Derby and Howard Schneider (Reuters) – Americans said last month that they are expecting waning inflation pressures…
A diminished US workforce could lead Fed to keep rates high
WASHINGTON (AP) — Still eager to hire, America’s employers are posting more job openings than they did before the pandemic…
UAW President Optimistic Union Can Quickly Reach Contract Deal With GM, LG JV
WASHINGTON (Reuters) – United Auto Workers (UAW) President Ray Curry said Monday he is optimistic the union can quickly reach…
Apple Should Face 6 Million Euro Fine, Adviser To French Privacy Watchdog Says
By Mathieu Rosemain PARIS (Reuters) -Apple should face a 6 million euro ($6.3 million) fine for breach of privacy rules,…
A breast cancer survivor on changing odds for Black women
NEW YORK (AP) — Ricki Fairley, a 11-year late-stage breast cancer survivor and advocate, is fighting hard to improve the…
Energy, Tech Stocks Support TSX At The Open
(Reuters) – Canada’s main stock index opened slightly higher on Monday, led by gains in energy and technology stocks, ahead…