Morgan Stanley says South Koreans spend more on luxury goods per capita than even American or Chinese nationals.
Why Singapore isn’t imposing new travel rules on visitors from China
Singapore’s government cites statistics to show why new rules for Chinese travelers won’t necessarily make Singapore safer from Covid-19 right now.
Crypto firms Genesis and Gemini charged by SEC with selling unregistered securities
The SEC alleged on Thursday that crypto firm Gemini, founded by the Winklevoss twins, and Barry Silbert’s Genesis offered and sold unregistered securities.
Tax season opens for individual filers on Jan. 23, says IRS
The IRS will start accepting 2022 tax returns for individual filers on Jan. 23, the agency announced Thursday.
Delta curbs employee access to luxury airport lounges as it struggles with crowding
Delta said employees traveling on their company travel perks can’t use its airport Sky Clubs.
Time for the Fed to declare victory on inflation? Not yet
The question now is how much more evidence policymakers will need to see before they take their foot off the brake.
Stocks making the biggest moves midday: Cognizant, American Airlines, Logitech and more
These are the stocks posting the largest moves in midday trading.
Jim Cramer’s Investing Club meeting Thursday: December CPI, Disney, Wells Fargo
The Investing Club holds its “Morning Meeting” every weekday at 10:20 a.m. ET.
Porsche sees small uptick in global sales despite big drop in Taycan EV
Porsche said a 16% drop in global sales of its electric Taycan were “due to supply chain bottlenecks and limited component availability.”
JPMorgan shutters website it paid $175 million for, accuses founder of inventing millions of accounts
Regardless of the outcome of this legal scuffle, this is an embarrassing episode for JPMorgan and its CEO Jamie Dimon.