World
Wharton’s Siegel says Fed should hike rates by 75 basis points: ‘Take your medicine all at once’
“We really need to slow down this super hot economy and get a handle on this inflation,” Jeremy Siegel told CNBC on Friday. “I think the market wants it.” Source
Read More
House Republicans demand Twitter’s board preserve all records about Musk’s bid to buy the company
Rep. Jim Jordan, R-Ohio, attends a news conference with members of the GOP Doctors Caucus after a meeting of the House Republican Conference in the U.S. Capitol on Wednesday, January 19, 2022. Tom Williams | CQ-Roll Call, Inc. | Getty Images A group of 18 House Republicans is asking Twitter’s board to preserve all records […]
Read More
Britain and India aim for free trade deal by October, says Johnson
British Prime Minister Boris Johnson walks with his Indian counterpart Narendra Modi before their meeting at the Hyderabad House on April 22, 2022 in New Delhi, India. Wpa Pool | Getty Images News | Getty Images Britain and India agreed on Friday to step up defense and business cooperation during a visit to New Delhi […]
Read More
It’s the French election this weekend — here’s what Wall Street expects to happen
As French voters head to the polls Sunday, Wall Street is forecasting market upset if far-right candidate Marine Le Pen proves victorious. Timothy A. Clary | Afp | Getty Images French voters head to the polls on Sunday to cast their ballots in the final round of a close presidential race between incumbent Emmanuel Macron […]
Read More
Fintech giant Stripe jumps into crypto with a feature that lets Twitter users get paid in stablecoin
Illustrative image of two commemorative bitcoins with a green background. Artur Widak | Nurphoto | Getty Images Stripe will allow businesses to pay their users via cryptocurrencies, starting with Twitter, in the latest sign of how large financial firms are warming to digital assets. The $95 billion online payments company said Friday it will start […]
Read More
Russia ties haunt far-right candidate Le Pen as France gears up for election day
France’s far-right party Rassemblement National candidate for the 2022 French presidential election Marine Le Pen. Chesnot | Getty Images News | Getty Images The leader of France’s nationalist and far-right political party, Marine Le Pen, has seen her momentum stall in the runup to Sunday’s vote with her previous links to Russia resurfacing in recent […]
Read More
78% of workers are ignoring ‘the greatest money-making asset’ for retirement saving, says CPA
Saving for a secure retirement requires a number of money-smart strategies coming together, and in the eyes of workers, some factors seem more integral to success than others. Topping the list in a recent survey from Principal Financial Group: getting a matching contribution from your employer in your 401(k) plan. Nearly two-thirds — 62% — […]
Read More
Ferrari to recall more than 2,000 cars in China over braking issues
The Ferrari 458 Italia. Ferrari Luxury sports car maker Ferrari will recall 2,222 cars in China due to a potential fault in its braking systems, China’s market regulator said in a statement on Friday. The recall covers the 458 Italia, 458 Speciale, 458 Speciale A, 458 Spider, 488 GTB and 488 Spider series models, the […]
Read More
Sanctions threaten to cripple Russia’s multibillion-dollar crypto industry
Illuminated mining rigs operate inside racks at the CryptoUniverse cryptocurrency mining farm in Nadvoitsy, Russia. Bloomberg | Bloomberg | Getty Images Sanctions imposed on Russia over the country’s unprovoked invasion of Ukraine could hamper the growth of its multibillion-dollar crypto sector, according to experts. This week, U.S. officials targeted Russian bitcoin mining firm BitRiver in […]
Read More
Ukraine says thousands could be buried in Mariupol mass graves; mayor appeals for full evacuation. Follow our live updates
EU urges citizens to work from home, drive less to reduce Russian gas reliance The EU is calling on people to switch up their habits in order to use less energy, which it says will help to reduce reliance on Russian gas. The EU imports roughly 40% of its natural gas from Russia. The European […]
Read More