Binance CEO Changpeng “CZ” Zhao brushed off questions about whether the exchange would be able to handle a potential $2.1 billion clawback of FTX funds.
‘There may be a false sense of security.’ How to know if your workplace disability insurance is enough
Your company’s group disability insurance plan may be less coverage than you think, experts say. Here’s how to find out.
Retail sales fell 0.6% in November as consumers feel the pressure from inflation
Consumers pulled back on spending in November, failing to keep up with even a muted level of inflation.
ECB hikes rates, sees significant increases ahead as it announces plan to shrink balance sheet
The European Central Bank opted for a smaller rate hike at its Thursday meeting, taking its key rate from 1.5% to 2%.
Watch live: ECB President Christine Lagarde speaks after rate decision
European Central Bank President Christine Lagarde is giving a press conference following the bank’s latest monetary policy decision.
Stocks making the biggest moves premarket: Tesla, Warner Bros. Discovery, Lennar and more
These are the stocks posting the largest moves before the bell.
Swiss central bank hikes interest rates by 50 basis points to counter ‘further spread of inflation’
The Swiss National Bank has increased its benchmark interest rate for the third time this year, taking it to 1%.
Recession fears could trigger a ‘lipstick’ effect on deal activity next year
Global deal volume and size decreased this year amid macro headwinds. Recession fears could see buyers increasingly focus on smaller deals.
Elon Musk sells another huge chunk of Tesla shares
The transactions took place between Monday and Wednesday this week according to the filings with the Securities and Exchange Commission.
The Fed projects raising rates as high as 5.1% before ending inflation battle
The Federal Reserve expects it will hike interest rates as high as 5.1% in 2023 before the central bank ends its fight against runaway inflation.