Former FTX chief executive Sam Bankman-Fried (C) arrives to plead before U.S. District Judge Lewis Kaplan in federal court in Manhattan, New York, January 3, 2023. Ed Jones | AFP | Getty Images Sam Bankman-Fried pleaded not guilty in federal court in New York on Tuesday to eight counts related to the collapse of his …
Sam Bankman-Fried pleads not guilty to fraud charges in New York Read More »
CES, also known as the Consumer Electronics Show, is the biggest tech show of the year, kicking off the first week of January and setting the stage for trends, announcements and product categories. we’ll see throughout 2023. The show will give us a look at the latest developments in TVs and laptops, useful (and sometimes …
CES 2023: all the news from the year’s biggest tech conference Read More »
Global stocks rise slightly, but Wall Street falls The correlation with the dollar is softening The yen takes a breather after the recent rally LONDON/NEW YORK, Jan 3 (Reuters) – The dollar headed for its biggest one-day rise in more than three months on Tuesday as U.S. stocks bucked a rally in global equities during …
Dollar posts big gains, U.S. stocks buck global rally Read More »
LONDON, Jan 3 (Reuters) – Oil prices fell slightly on Tuesday in volatile trade as data on weak demand from China, a bleak economic outlook and a stronger U.S. dollar weighed. Brent crude futures fell $1.07, or 1.25%, to $84.84 a barrel at 2:47 p.m. GMT. U.S. West Texas Intermediate crude fell $1.15, or 1.43%, …
Oil falls as outlook for China, global economy weigh Read More »
LONDON — European markets were higher in morning trade as investors assessed China’s reopening and awaited key European inflation numbers. Britain’s FTSE 100 rose 2.1%, while Germany’s DAX index rose 1.4% and France’s CAC 40 rose 1.2%. Overall, the pan-European Stoxx 600 gained 1.6%, driven by travel stocks, up 2.7%. Preliminary German inflation figures for …
Shoppers browse goods at a shopping mall on Singapore’s Orchard Road © Isabel Kua/Reuters Singapore’s economic growth beat government expectations last year as services rose despite a contraction in manufacturing. Gross domestic product grew by 3.8% in 2022, beating official estimates of 3.5%, but well below growth of 7.6% in 2021. The city-state’s economy grew …
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Rare for Tesla to deliver less than it produces Tesla stock in 2022 had its worst year since its IPO Jan 2 (Reuters) – Tesla Inc. (TSLA.O) Monday reported record fourth-quarter electric vehicle production and shipments but missed Wall Street estimates, dogged by logistical issues, slowing demand, rising interest rates and fears of recession. The …
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An American Airlines employee was killed on Saturday after being “ingested into the engine” of a plane parked at Montgomery Regional Airport in Alabama, the National Transportation Safety Board said. According to WSFA-TVan Envoy/American Eagle Embraer 170-200 LR was parked at a gate with the parking brake applied when, according to the NTSB, a ground …
PITTSBURGH (KDKA) — From basketball hoops and office chairs to microwaves and walk-in freezers, there’s plenty for auction at the former Walmart in the Waterworks Mall. “Came to see what they left here, maybe wish I had some decent shelving,” Bloomfield resident Ron Czarnecki said. Czarnecki is no novice when it comes to scouting auction …
Bargain hunters get preview of auction at former Waterworks Walmart Read More »
Traders on the floor of the NYSE, October 21, 2022. Source: NYSE Stock futures rose late Monday as traders braced for a flurry of economic data and the minutes of the Federal Reserve’s latest meeting this week to kick off the new year. Futures contracts linked to the Dow Jones Industrial Average rose 80 points, …
Stock futures rise slightly ahead of the first trading week of the new year Read More »