Category: Biz & Finance
Pause and eventual reversal: Jerome Powell hints about limits of key rate hikes
Chairman Jerome Powell of the Federal Reserve, the US central bank, has hinted that interest rates in the United States may not be raised further in the interest rate...
Major stock market recovery of US regional banks after Thursday’s free fall
US regional banks made an advance on Wall Street on Friday. The shares of the banks experienced a sharp fall a day earlier. There is turmoil in the financial markets due...
Feds admit shortcomings after SVB bankruptcy
The Federal Reserve (Fed), the US central bank, has failed to supervise the US Silicon Valley Bank (SVB), which went overboard in March after a bank run. This is stated...
Twitter leak: a security breach or just a smearing campaign?
Twitter has been charged with a hack that captured the data of more than 200 million users. According to the man who filed the complaint with the San Francisco court on...
Twitter company goes on a tight budget
According to Elon Musk, Twitter is in such a bad financial position that he has had to cut costs “like crazy” in recent weeks. Among other things, the new...
You Can Thank These States for Thanksgiving Dinner
This Thursday, when you’re reflecting on what you’re most thankful for, there are a few states that might deserve some special recognition, particularly when it...
Survey: Countries View Social Media as Good for Democracy – Except the U.S.
Respondents in 19 countries consider social platforms as ‘both a constructive and destructive component of political life,’ according to the Pew Research Center....
Sam Bankman-Fried to be probed for fraud
US prosecutors are laying the groundwork for a possible fraud case against Sam Bankman-Fried and others involved in the demise of crypto exchange FTX, reports Bloomberg...
Wholesale Inflation Rises More Than Expected But Eases From a Year Ago
Wholesale inflation as measured by prices paid by businesses rose 0.3% in November, above estimates, the Bureau of Labor Statistics announced on Friday The number was...
California Leads Nation on Energy Efficiency
Maine saw the most improvement, while South Carolina and Ohio fell the furthest in the ranking of energy efficient states from the American Council for an Energy...
