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Market News

Location American Market News for 13 December 2022

The 4% rule for retirement spending makes a comeback

livemint.com - 13 Dec 2022 13:47
The 4% rule for retirement spending makes a comeback Your 401(k) probably took a beating in 2022, but it is now safer for new retirees to take higher initial withdrawals, Morningstar researchers say
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FTX Founder Sam Bankman-Fried Arrested in Bahamas

Wall Street Journal - 13 Dec 2022 03:45
The arrest occurred in the Bahamas after the U.S. filed criminal charges. Bankman-Fried was scheduled to testify Tuesday before Congress in a hearing probing the collapse of the cryptocurrency exchange but is no longer e...
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NASDAQ Stocks For The Santa Claus Rally

Forbes - 13 Dec 2022 15:18
NASDAQ Stocks For The Santa Claus Rally Here are strong NASDAQ stocks for the holiday season.
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What To Expect From NASDAQ Stock?

Forbes - 13 Dec 2022 14:00
What To Expect From NASDAQ Stock? NASDAQ stock (NASDAQ: NDAQ) has lost approximately 10% YTD as compared to the 17% drop in the S&P500 index over the same period.
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Gold Has The Potential To Hit $3,000 Or $4,000 An Ounce In 2023 Ole Hansen, respected commodity strategist at Denmark's Saxo Bank, says $3,000 gold is possible once markets realize that global inflation will remain hot despite monetary tightening.
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Ether Prices Reached A 1-Month High Today--What's Next For The Cryptocurrency? Ether prices climbed to their highest in over a month today after U.S. headline inflation slowed down in October. Where is the digital currency headed next? Several analysts weigh in.
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Which Comes First, The Recession Or The Layoffs? How Investors Look At Tech Layoffs Right Now Many people wonder whether recessions or layoffs tend to happen first. The reality is that they both happen around the same time. Here is what you need to know as a working professional and investor.
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Tether to Phase Out Lending of Its Own Coins to Customers

Wall Street Journal - 13 Dec 2022 21:57
The rapid growth of Tether's lending program had raised concerns about its ability to meet redemptions in a crisis.
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Oracle Spends Like There Is a Big Tomorrow

Wall Street Journal - 13 Dec 2022 21:52
The software giant boosts its capital expenditures as it seeks to lure customers from Amazon, Microsoft and Google.
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Earnings Preview: What To Expect From Weber On Wednesday Weber is scheduled to report earnings before Wednesday's open. Here's a closer look.
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5% Wage Growth Means The Fed Will Yield To Inflation Hawks If wages keep growing at 5%, the Fed will need much higher unemployment to reach its 2% inflation target
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CFTC Sues Sam Bankman-Fried, FTX and Alameda, Alleging Fraud

Wall Street Journal - 13 Dec 2022 20:56
The regulator alleges that FTX founder considered shutting down trading firm Alameda in September.
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Property Picks: Top REITs For Growth And Income Rising rates have hit the real estate investment trust sector particularly hard over the past year. Several leading advisors and contributors to MoneyShow.com, however, have taken a contrary view on the REIT space and se...
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What Happened To Crypto Giant FTX? A Detailed Summary Of What We Actually Know So Far What happened to the cryptocurrency exchange FTX? Here's what we actually know about what happened to FTX and its founder Sam Bankman-Fried.
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Investors may see 2023 as the point when Turkey either succumbs to its vulnerabilities or is forced to clean house. But neither may happen.
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Can I get a house redevelopment pact executed in my absence? The power of attorney could contain only limited powers permitting your daughter to execute the development agreement and / or any documents executed pursuant to the same and register the development agreement and / or a...
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How do Mumbaikars budget for higher house rentals?

livemint.com - 13 Dec 2022 19:07
How do Mumbaikars budget for higher house rentals? As a general rule, financial planners suggest that rental expenses should not be more than 20-25% of one's income
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Inflation's Cold Case

Wall Street Journal - 13 Dec 2022 18:32
A benign report on consumer prices is another clear sign of a cooling trend.
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Bitcoin Prices Rally To 1-Month High After Inflation Report Helps Soothe Fed Concerns Bitcoin prices reached their highest since early November after U.S. inflation figures helped alleviate concerns about Fed monetary tightening.
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Tesla Investors Voice Concern Over Elon Musk's Focus on Twitter

Wall Street Journal - 13 Dec 2022 18:26
Supporters of both Tesla and Musk are asking questions about who is running the electric-vehicle maker.
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The SEC is facing off against Citadel Securities and other trading firms over who gets to execute--and profit from--individuals' trades.
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Reorganizing To Make America Make Again: The National Development Strategy and Coordination Act Of 2022 America has forgotten three things about development - viz., that it is national, is forever, and is always cross-regional & cross-sectoral. Legislation I proposed back in 2020 will rectify that, and is happily now being...
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