Winning McNamee The FOMC meeting on Wednesday, December 14 will be an important event as it will end the rapid process of raising rates to catch up with inflation and move into the next phase, focusing on level and duration long. Listening to Fed officials since the November FOMC meeting, it is clear that the …
The Fed could give the market a huge surprise this week Read More »
Beijing’s abrupt dismantling of zero-Covid checks has been welcomed by economists, even as the country braces for the human impact of letting the disease spread through a vulnerable population. The leaders’ abrupt reversal in how they are handling the pandemic appears to have been sparked by protests against the controls that began last month, a …
Economists welcome the end of zero Covid in China but a huge human toll is to be feared Read More »
High inflation has led state and federal authorities to make larger than usual changes to income tax brackets for the coming year. Tax agencies in the United States and Minnesota have raised the floor of the brackets that determine the tax rate on wages and other personal income. In response to the highest inflation in …
Minnesotans will avoid inflation-related tax sting with huge bracket adjustment Read More »
Meta Materials Inc (OTCMKTS: MMTLP) has a huge week ahead of it as the short squeeze enters its final days of trading and the huge estimated short position of 80-100 million now needs to be covered. The excitement over MMTLP is palpable with numbers like $60 per share or $80 per share at the height …
Image source: Getty Images You can still save big on the perfect holiday gifts. Key points While Black Friday and Cyber Monday are popular days to shop for holiday deals, it’s not too late to get money-saving discounts at your favorite retailers. You could save 50% or more by checking items off your holiday shopping …
These 10 Websites Have Huge Vacation Deals Right Now Read More »
Elon Musk’s latest change to Twitter will be to make government accounts gray and corporate accounts gold. By Philippe Moyer | Published 1 hour ago Good news for anyone who wants to pay Elon Musk $8 for a Twitter tick! The billionaire plans to relaunch his verification system next week, according to The Hollywood Reporter. …
Elon Musk is making another huge change to Twitter Read More »
Win McNamee/Getty Images The stock market has risen dramatically from October lows, and despite all the hawkish comments from Fed officials, the stock market has been rising since mid-October. Jay Powell takes no chances with the blackout period is fast approaching for the December FOMC meeting. He will speak on November 30 at the Brookings …
Powell can give markets a huge reality jolt this week (SPX) Read More »
hong kong CNN Business — A violent uprising by workers at the world’s largest iPhone factory in central China this week further clouds Apple’s strained supply chain and highlights how the country’s tough zero Covid policy is harming to global technology companies. The unrest began last month when workers left the factory campus in Zhengzhou, …
Apple has a huge problem with its supplier’s iPhone factory in China | CNN Business Read More »
People warm up near the fires outside the main railway terminal in Lviv, Ukraine. Dan Kitwood | Getty Images News | Getty Images More than 10 million Ukrainians have fled the country since the start of the war, but many of those who have remained – particularly in the south and east of the country …
Walk into any mall or mall and you will clearly understand what online shopping has done to brick and mortar stores. They have been leveled or reduced, especially during the height of the COVID lockdown. Target (TGT) was one of those retailers tending toward smaller-footprint stores, some as small as 6,000 square feet. Things have …
