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Month: December 2022

Cryptocurrencies

Yen Steady after Core Inflation as Expected

The dust is beginning to settle after the Bank of Japan’s stunning move earlier this week.  At its policy meeting, the BoJ widened the yield curve on long-term bonds from 0.25% to 0.50%. The move blindsided Read more…

By , 3 years ago December 23, 2022
Cryptocurrencies

Fed to Become More Dovish in 2023

A new year, and a new set of rotating Fed board members come in. Giving the varying opinions of the different main and alternate members, this annual transition can change the FOMC’s bias and outlook. Read more…

By , 3 years ago December 23, 2022
Cryptocurrencies

People Are Buying Fewer Clothes

Inflation is only part of the story behind lagging clothing sales, analysts find. When was the last time you bought a new sweater, pair of shoes or little black dress? For many people, those shopping trips Read more…

By , 3 years ago December 23, 2022
Cryptocurrencies

Markets May Rebound in 2023, After Tanking in 2022

The S&P 500 stock index has slid 17% year to date, and the Bloomberg Aggregate bond index has fallen 12%. This year has proven to be a tough one for financial markets, thanks to soaring Read more…

By , 3 years ago December 23, 2022
Cryptocurrencies

Disney Theme Parks Roll Out New Rides and Attractions in 2023

Disney’s theme parks have huge plans for new rides and attractions in 2023. Disney theme parks in Orlando, Fla., and Anaheim, Calif., have made major new additions of lands, rides and attractions in just the Read more…

By , 3 years ago December 23, 2022
Cryptocurrencies

FTX: Financier Ackman Says Things Aren’t Looking “Good” For Bankman-Fried

The legendary investor has no sympathy for the fallen founder of the bankrupt cryptocurrency exchange, whom he compares to Bernie Madoff. One by one, Sam Bankman-Fried is losing the few influential business figures, who gave Read more…

By , 3 years ago December 23, 2022
Cryptocurrencies

Stock Market Today: Futures Rise as Investors Try Again for Santa Claus Rally

Stock futures rise as investors look past Thursday’s steep losses and set sights on a last-minute Santa Claus rally ahead of the Christmas holiday break. Stock futures were higher in premarket trading on Friday as Read more…

By , 3 years ago December 23, 2022
digital

Meta agrees to pay $725 million to settle Cambridge Analytica class action lawsuit

Illustration by Alex Castro / The Verge Facebook’s parent company Meta has agreed to pay $725 million to settle a years-long class action lawsuit triggered by disclosures in 2018 that the company shared user data Read more…

By , 3 years ago December 23, 2022
Android

Meta agrees to pay $725 million to settle Cambridge Analytica class action lawsuit

Illustration by Alex Castro / The Verge Facebook’s parent company Meta has agreed to pay $725 million to settle a years-long class action lawsuit triggered by disclosures in 2018 that the company shared user data Read more…

By , 3 years ago December 23, 2022
digital

Meta agrees to pay $725 million to settle Cambridge Analytica class action lawsuit

Illustration by Alex Castro / The Verge Facebook’s parent company Meta has agreed to pay $725 million to settle a years-long class action lawsuit triggered by disclosures in 2018 that the company shared user data Read more…

By , 3 years ago December 23, 2022

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