London CNN Business — US oil prices have fallen to their lowest level since December 2021 on concerns that protests in China against Covid-19 lockdowns will dent demand. West Texas
Tag: financial markets and investing
China markets tank as protests erupt over Covid lockdownsChina markets tank as protests erupt over Covid lockdowns
hong kong CNN Business — China’s major stock indices and its currency have opened sharply lower Monday, as widespread protests against the country’s stringent Covid-19 restrictions over the weekend roiled
Elizabeth Holmes sentenced to more than 11 years in prison for fraudElizabeth Holmes sentenced to more than 11 years in prison for fraud
CNN — Elizabeth Holmes was sentenced to more than 11 years in prison on Friday following her conviction in January for defrauding investors while running the failed blood testing startup
Elon Musk’s $50 billion trial comes to an end todayElon Musk’s $50 billion trial comes to an end today
Washington, D.C. CNN — The trial for the Tesla shareholder lawsuit examining CEO Elon Musk’s unprecedented compensation package will wrap up this afternoon. While it is possible that the judge
Inflation is cooling, and Wall Street loves itInflation is cooling, and Wall Street loves it
New York CNN Business — Stocks were mostly higher on Tuesday after the US government reported that wholesale prices rose at a far less dramatic rate than expected. That news
Jeff Bezos’ top tips for managing the economic downturnJeff Bezos’ top tips for managing the economic downturn
Washington CNN Business — Amazon founder Jeff Bezos recently warned consumers and businesses they should consider postponing large purchases in the coming months as the global economy contends with a
FTX collapse: The latest updates on the cryptocurrency crisisFTX collapse: The latest updates on the cryptocurrency crisis
New Delhi CNN Business — Aftershocks from the massive earthquake in the trillion-dollar crypto industry last week continued to reverberate on Monday. Prices of digital currencies fell again as the
China’s real estate crisis could be over with new rescue plan. Property stocks are soaringChina’s real estate crisis could be over with new rescue plan. Property stocks are soaring
hong kong CNN Business — Chinese authorities are making their biggest effort yet to end a crisis in the country’s vast real estate sector that has weighed heavily on the
Elon Musk heads to court over Tesla pay that made him the world’s richest personElon Musk heads to court over Tesla pay that made him the world’s richest person
Washington, D.C. CNN — Tesla and CEO Elon Musk will spend this week in court to defend the massive compensation package that helped make him the world’s richest man. The
Crypto: What’s next as FTX collapse triggers ‘Lehman moment’?Crypto: What’s next as FTX collapse triggers ‘Lehman moment’?
London CNN Business — The stunning downfall of the FTX exchange, one of the biggest and most reputable players in the market for digital assets, is sparking alarm among people