Month: February 2023

Nancy Pelosi endorses Adam Schiff in California Senate race if Sen. Dianne Feinstein does not run
Household Speaker Nancy Pelosi (D-CA) speaks through a weekly news meeting with Home Intelligence Committee Chairman Adam Schiff (D-CA) on October 2, 2019, on Capitol Hill in Washington, DC. Tom Brenner | Getty Pictures Former Dwelling Speaker Rep. Nancy Pelosi endorsed fellow California Democratic Rep. Adam Schiff on Thursday in the already-aggressive 2024 Senate race […]
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Look at are living: ECB President Christine Lagarde speaks immediately after fee decision
[The stream is slated to start at 8:45 a.m. ET. Please refresh the page if you do not see a player above at that time.] European Central Bank President Christine Lagarde is owing to give a press conference following the bank’s most current financial plan final decision. The ECB on Thursday confirmed anticipations of a 50 […]
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European Central Bank raises premiums by 50 basis factors, pledges even further hike in March
Christine Lagarde, president of the European Central Bank speaks at an celebration. Bloomberg | Bloomberg | Getty Images The European Central Financial institution on Thursday confirmed anticipations of a 50 basis place desire amount boost, using its critical fee to 2.5%. In a statement, it pledged to “continue to be the program in raising curiosity […]
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Charlie Munger suggests the U.S. should really comply with in China’s footsteps and ban cryptocurrencies
In this short article BRK.A Adhere to your favored sharesCreate Cost-free ACCOUNT Charlie Munger at the Berkshire Hathaway push convention, April 30, 2022. CNBC Berkshire Hathaway Vice Chairman Charlie Munger urged the U.S. govt to ban cryptocurrencies like China, saying a deficiency of regulation enabled wretched excess and a gambling mentality. “A cryptocurrency is not a […]
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Venture capital for Black entrepreneurs plummeted 45% in 2022, data shows
Bea Dixon, the CEO and co-founder of The Honey Pot Company Courtesy: Honey Pot Company In 2016, Beatrice Dixon had finally secured a deal with Target to carry her line of feminine care products. But she had one problem: She was still making them in the kitchen of her Atlanta home, and she needed to […]
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Why Amazon Marketplace didn’t survive in China
China’s e-commerce market was valued at $2 trillion in 2022, according to GlobalData, and the country also has a rapidly growing middle class, making it an attractive market for American companies. Amazon entered the China market in 2004 through a $75 million acquisition of Joyo.com, an online book and media seller. The joint venture rebranded […]
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Sandwich chain Subway’s sales climb as turnaround takes hold ahead of potential sale
An employee halves a Subway sandwich at a Subway restaurant on January 12, 2023 in Austin, Texas. Brandon Bell | Getty Images Subway said its same-store sales climbed 9.2% in 2022, signaling the sandwich chain’s turnaround is taking hold as it reportedly explores a sale. The company is not required to disclose its financial results […]
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