The Federal Reserve won’t meet again until the next rate-setting meeting on Dec. 13-14, but November’s meeting minutes due Tuesday afternoon will be watched by investors for clues as to how high the benchmark interest rate needs to go and how long it will stay there for the inflation to come back down to the […]
Day: November 22, 2022
Market Extra: This isn’t a ‘close your eyes and buy anything’ kind of market
Bond portfolios have fallen deeply in the red this year as the Federal Reserve has jacked up rates to fight stubbornly high inflation, spurring an epic repricing in swaths of the $53 trillion U.S. bond market. Debt no longer is cheap for U.S. households, businesses or the government to borrow. And without the jet fuel […]
NTD Business (Nov. 22): FTX Was Run as ‘Personal Fiefdom’: Lawyers; Investor Home-Buying Plunges
Updates on the FTX cryptocurrency collapse: Attorneys say former CEO Sam Bankman-Fried ran the company like a “personal fiefdom.” A potential railroad strike is coming this holiday season. We have everything you need to know about the situation. Investor home-buying is falling at record rates—the biggest drop since the 2008 financial crisis if you exclude […]
MRHB: Exclusive Web3 Partner of World Halal Summit, Mints Soulbound NFTs for Attendees
DUBAI, Nov 22, 2022 – (ACN Newswire) – MRHB.Network, the world’s first decentralized finance platform devoted to halal crypto asset solutions, is joining the World Halal Summit as an official Web3 partner and will be providing ‘soulbound tokens’ (SBT) for the thousands of expo attendees.The World Halal Summit, taking place this year from November 24-27, […]