A woman shops in a supermarket as rising inflation affects consumer prices in Los Angeles, California, June 13, 2022. Lucy Nicholson | Reuters The pace of consumer inflation is expected to have fallen slightly in December from the prior month because of a sharp drop in gasoline and energy prices, but the annual rate is
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Digital assets will largely decouple from traditional equity markets in 2023, believes Arca chief investment officer Jeff Dorman. Discussing his outlook for 2023 in a recent interview with Cointelegraph, Dorman argued that as the global economy enters a recession this year, equities will be negatively affected while some cryptocurrencies will perform well. The value of
Color never stops being interesting, but right now we see a resurgence of interest. Searches for ‘how to choose a paint color’ are up 49% compared to this time last year, with 7,500 people searching for the term last month alone. Considering the rising cost of living, paint can be used as a relatively affordable
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New York City’s $102.7 billion fiscal 2024 budget is balanced and maintains a record level of reserves while holding spending in check even as economic uncertainty casts a shadow over the city’s recovery from the COVID-19 pandemic. Still analysts bemoaned the lack of additional monies for the rainy-day fund, especially with potential budgetary challenges from
Germany’s defence minister has announced her resignation, triggering fresh uncertainty for Europe’s most populous nation as it confronts critical decisions about its response to Russia’s invasion of Ukraine. Christine Lambrecht, who has faced harsh criticism for her handling of defence policy as well as a succession of gaffes, said that a “months-long media focus” on
Plans for a youth sports destination in Arizona to refinance its way out of financial trouble have yet to come to fruition, and the clock appears to be ticking. Bell Bank Park, which opened on schedule in January 2022 and publicly claims to be a smash success, with 4.3 million guests in its first year,
Non-fungible token (NFT) sales have dropped significantly in contrast to the seven days prior, as NFT sales are down 59.35% this week. During the past seven days, $208.68 million in NFT sales were recorded, with $157.20 stemming from the Ethereum blockchain. The top-selling NFT collection this past week was the Bored Ape Yacht Club (BAYC),
In this article CHEF ISRG KIDS HIMS GOOGL Follow your favorite stocksCREATE FREE ACCOUNT The logo of Alphabet Inc’s Google outside the company’s office in Beijing, China, August 8, 2018. Thomas Peter | Reuters Last week, December’s consumer price index reading showed that prices are cooling. The index dropped 0.1% on a monthly basis, but
In this photo illustration the Disney+ logo seen displayed on a smartphone screen. SOPA Images | LightRocket | Getty Images Check out the companies making headlines in premarket trading. Disney – Disney shares added more than 1% in early morning trading after the company elected independent director Mark Parker as Chairman of the board. It also
Our kitchens are not what they used to be. Once mere workspaces, they have become the rooms where families spend a majority of their time. No one knows this better than the Italian home appliance manufacturer founded in 1882 by Francesco Bertazzoni, which makes it the longest-standing family-owned appliance brand. “One of the positive things
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The Municipal Securities Rulemaking Board’s revenues took a hit in 2022, reflecting a tough year for the municipal bond business as underwriting fees fell sharply. That’s according to the MSRB’s 2022 Annual Report, which showed the board’s total assets in 2022 drop to $68 million, down from $78.5 million in 2021 and $83.1 million in
Russia’s revenue from fertiliser exports soared last year despite a decline in sales volumes, as crop nutrient prices rose sharply after its invasion of Ukraine. In the first 10 months of 2022, Russian fertiliser exports jumped 70 per cent to $16.7bn compared to the same period in 2021, according to UN data. Import statistics from
A question mark looms large this year over whether hospitals and health systems will see sufficient recovery from 2022’s operating wounds to spare them from rating and outlook deterioration, rating agencies warn. The not-for-profit hospital sector suffered bruising margin wounds last year as it confronted inflationary costs along with ongoing supply-chain issues, labor shortages and
The total cryptocurrency market capitalization reached its highest level in over two months on Jan. 13 after breaking above the $900 billion mark on Jan. 12. While the 15.5% year-to-date gain sounds promising, the level is still 50% below the $1.88 trillion crypto market cap seen before the Terra-Luna ecosystem collapsed in April 2022. “Hopeful
Canada has remained a peculiar regulatory alternative to the neighboring United States in regard to cryptocurrency. While its licensing process has become more stringent than in some countries, Canada was the first to approve direct crypto exchange-traded funds. State pension funds have invested in digital assets, and crypto mining firms have moved to the country
A masked family walks past Cinderella Castle in the Magic Kingdom, at Walt Disney World in Lake Buena Vista, Fla. Orlando Sentinel | Tribune News Service | Getty Images Activist investor Nelson Peltz plans to mount a proxy fight for a seat on Disney’s board. Disney offered Peltz, founding partner of Trian Fund Management, a
In this article WFC JPM DAL TSLA SPCE BAC .BBKA Follow your favorite stocksCREATE FREE ACCOUNT A person enters the JPMorgan Chase headquarters in New York, June 30, 2022. Andrew Kelly | Reuters Check out the companies making the biggest moves in the premarket: JPMorgan — The bank reported fourth-quarter earnings and revenue before the
Ethereum layer-2 scaling protocol Polygon (MATIC) is carrying out performance testing of zero-knowledge rollup (zk-Rollups) technology ahead of full integration with its mainnet. The development of the technology, called Polygon zkEVM (Ethereum Virtual Machine), has been ongoing for over three years by the Polygon Hermez team. The team has already confirmed that zero-knowledge proofs are