Fed needs to do 25-basis-point hikes 50 would be a ‘disaster’ says Wharton’s Jeremy Siegel – CNBC Television
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January 28, 2023
Some auto insurers are refusing to cover some Hyundai and Kia models – CNN
Progressive and State Farm, two of Americas largest auto insurers, are refusing to write policies in certain cities for some older Hyundai and Kia models that have been deemed too…
January 27, 2023
Chevron earnings soar to a record – CNN
Chevron reported a record full-year profit of $36.5 billion, buoyed by high oil prices. Adjusted earnings for the year more than doubled from the $15.6 billion Chevron earned in 2021…
January 27, 2023
Why gas prices are surging this month – CNN
Normally, prices at the gas pump drift lower during the dead of winter as lousy weather keeps Americans off the roads. But something unusual is happening this year: Gas prices…
January 27, 2023
McDonald’s is testing a new strawless lid – CNN
Just like the McRib, straws might be a thing of the past at McDonalds. The chain has begun testing strawless lids in some US cities as part of a multi-year…
January 27, 2023
We finally know whom FTX owes money to: Wall Street elite Big Tech airlines and many more – CNN
Newly unsealed bankruptcy documents revealed thousands of creditors to whom FTX owes money after the once-mighty crypto exchange collapsed in November. Wall Street heavyweights including Goldman Sac… [read more]
January 27, 2023
Gautam Adani’s business loses $50 billion in market value after short seller report – CNN
The value of Gautam Adanis business empire has crashed by more than $50 billion this week since Hindenburg Research, a US firm that makes money from short selling, published a…
January 27, 2023
FDA vaccine advisers vote to harmonize Covid-19 vaccines in the United States – CNN
A panel of independent experts that advises the US Food and Drug Administration on its vaccine decisions voted unanimously Thursday to update all Covid-19 vaccines so they contain the same…
January 27, 2023