Alan Knitowski has an MBA, has worked in technology and finance for over 25 years, and is CEO of a Nasdaq-listed mobile software company. That didn’t stop him from getting duped by a crypto firm. Knitowski borrowed $375,000 from crypto lender Celsius over several years and posted $1.5 million in bitcoins as a guarantee. He …
Shoppers walk past a sale sign as Black Friday sales begin at The Outlet Shoppes of the Bluegrass in Simpsonville, Kentucky on November 26, 2021. Jon Cherry | Reuters Major retailers are under intense pressure to deliver on Black Friday after several reported slowing sales ahead of the holiday shopping season. Macy’s, Target, Kohls, Difference …
Retailers are under pressure to turn deep discounts into big sales on Black Friday Read More »
Fed Minutes for November at 7:00 p.m. GMT American Thanksgiving holiday on Thursday Stocks post weak gains globally Eurozone economic data point to recession China hit by rising COVID-19 infections LONDON, Nov 23 (Reuters) – Global stocks rebounded on Wednesday ahead of minutes of a Federal Reserve meeting that could shed light on whether the …
Stocks turn ahead of Fed minutes as oil falls on price cap plan Read More »
This story is part Tips for the houseCNET’s collection of handy tips for getting the most out of your home, inside and out. Cooling season may be over, but utility bills are expected to rise through the rest of 2022. In fact, utility companies and energy experts are warning that heating costs will rise by …
Don’t turn off your lights when you leave the house? There’s a good reason to start Read More »
After the FDA rejected and questioned Ardelyx’s potential drug for controlling serum phosphorus levels in adults with chronic kidney disease on dialysis, the FDA’s Cardiovascular and Kidney Drug Advisory Committee voted Wednesday 9-4 in favor of the drug as monotherapy, and 10-2 (with one abstention) in favor of the drug when given in combination with …
In turn, FDA adcomm votes in favor of Ardelyx CKD drug despite agency questions Read More »
Middle-class shoppers, hit by decades-long high inflation, turned to discount supermarkets, which boosted sales at Walmart and Dollar General. Although inflation has fallen to 7.7%, it remains stubbornly high as Americans have felt the pain at grocery stores, with many opting to seek out better deals. While bread and milk are $4.79 and $8.99 respectively …
Here we go again with two of the market themes that keep popping up this year: the chaotic alliance with the crypto disaster and the search for a more lenient stance from the US Federal Reserve. Both are dramatic in their own way, but the latter of the two is far more important to the …
