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Concerns grow that Alberta's Sovereignty Act will drive investment from province when it's needed most

cbc.ca Concerns grow that Alberta's Sovereignty Act will drive investment from province when it's needed most Business leaders wary of Alberta Premier Danielle Smith's…

The Covid Protests in China and Why They Happened Now

omny.fm China has seen a surge in protests in cities all around the country, targeted at the country's Covid Zero policies. But nearly three years into this pandemic, why did they…

Asian stocks surge on slowing rate hike bets, China reopening hopes By Investing.com

investing.com By Ambar Warrick Investing.com-- Most Asian stock markets rose sharply on Thursday after Federal Reserve Chair Jerome Powell said the central bank is set to slow its pace of…

Alibaba stock flies toward best month in 7 years

marketwatch.com The U.S.-listed shares of Alibaba Group Holding Ltd. were ending a historically strong month on a high note Wednesday, as the China-based e-commerce giant was swept up in…

China signals slight Covid policy easing

cnbc.com One notable development is official language downplaying the severity of the Omicron variant. - Vice Premier Sun Chunlan described the Omicron variant's pathogenic nature as…

Snap Demands Employees Work In Office 80% of the Time Starting Early Next Year

slashdot.org Snapchat's parent company is asking workers to return to the office 80% of the time, or the equivalent of four days a week, beginning early next year, in the latest sign of…

Analysis-China central bank to offer limited, targeted growth support, no bazooka By Reuters

investing.com By Kevin Yao BEIJING (Reuters) - China's $17 trillion economy is headed for one of its worst showings this year in almost half a century, but its central bank has limited…

ConsenSys Under Fire for Collecting MetaMask Users’ Wallet and IP Addresses

thedefiant.io Leading Ethereum Wallet Has Over 30M Users Consensys, the New York-based blockchain software company behind the leading Ethereum wallet, MetaMask, has shocked…

Foreign Trade Competition Has Hurt Black and Disadvantaged Workers Most, Report Says

nytimes.com WASHINGTON — People of color have been disproportionately hurt by the economic disruptions caused by global trade, as a trend toward offshoring and globalization in recent…

Sign up for DealBook

nytimes.com Sections SEARCH Skip to content Skip to site index Today’s Paper DealBook The most crucial business and policy news you need to know from Andrew Ross Sorkin and team. Sent…

Eased US sanctions on Venezuelan oil provide weak supply boost

ft.com Shift in policy towards Maduro government comes amid talks with opposition and global energy crunch

Appeals Court Rules Against Biden’s Student Loan Forgiveness Plan

forbes.com Topline A federal appeals court ruled against the Biden Administration’s student loan forgiveness plan Wednesday, siding with a lower court that struck down the policy,…

Washington’s Oil Price Cap Won’t Work-And Putin Knows It

forbes.com For the past several months the U.S. has been shopping around other advanced democracies a scheme to coordinate the placement of a cap on the price Russia can charge on its…

Dow Jones Newswires: BOJ board member Noguchi pledges to continue monetary easing

marketwatch.com Bank of Japan policy board member Asahi Noguchi said Thursday that the central bank must maintain its ultraeasy monetary policy to promote wage growth. “It is important to…

Chinese students and young workers look to Hong Kong for a better future

ft.com Beijing’s zero-Covid policy fuels increase in people moving to former British colony

FDA considering shift toward individual risk-based assessments for blood donors

cnn.com The US Food and Drug Administration is considering shifting its blood donation policy away from blanket assessments toward questionnaires that focus more on individual risk,…

These 20 stocks soared in November with gains of 22% or more after Powell ignites rally

marketwatch.com The rally in U.S. stocks accelerated on the last day of November as Federal Reserve Chairman Jerome Powell signaled policy makers might slow the pace of interest-rate…

Fed officials do not see any near change to balance sheet drawdown By Reuters

investing.com By Michael S. Derby NEW YORK (Reuters) - Top Federal Reserve officials are showing no appetite for slowing the pace of the central bank's balance sheet reduction, pushing…

Opinion: Demographics distinguish us from that ‘70s show

theglobeandmail.com As the Canadian economy slips toward something that’s going to look an awful lot like stagflation, it’s hard to avoid comparisons to the 1970s, when that term earned its…

Here's Why Nio Shares Jumped Wednesday

fool.com What happened Plenty of things have gone wrong for Nio (NIO 21.71%) shareholders recently. But the stock jumped 7.2% Wednesday morning after one analyst said he believes the…

Was Wednesday's Stock Market Surge Premature?

fool.com Stock market participants had been looking forward to Wednesday for quite a while, as they anticipated getting valuable insight when Federal Reserve chair Jerome Powell gave…

Delta’s Airport Lounges Are About to Get a Little More Exclusive

wsj.com Delta's Airport Lounges Are About to Get a Little More Exclusive The Wall Street Journal Delta is making it harder to get into its airport lounges after they were flooded by…

Pathmatics: Apple's Twitter ad purchases grew from $989K in October to $1M+ in November; Elon Musk said Apple “mostly stopped advertising on Twitter” on Nov. 28

gizmodo.com On Monday, Elon Musk picked a public fight with Apple, accusing the company of freezing its advertising on Twitter and wondering aloud if the alleged pause was because “they…

Crypto Markets Today: Kraken Becomes the Latest Industry Giant to Cut Its Workforce

coindesk.com Crypto exchange Kraken is laying off 30% of its global staff – around 1,100 people – in response to the crypto market downturn, the company said Wednesday. Other News Crypto…

Everything you need to know about gender pronouns at work

cbsnews.com It is increasingly common for professionals of all stripes to include a line in their digital signatures, below their name or title, indicating what gender pronouns they…

Bitcoin Reclaims $17K, Stocks Soar Following Powell Speech In Washington

bitcoinist.com Bitcoin price quickly pushed above the $17,000 level and major US stock indices exploded higher on the heels of some of the most dovish remarks by Fed Chair Jerome Powell in…

Musk at Twitter has ‘huge work’ ahead to comply with EU rules, warns bloc

techcrunch.com European Union regulators have fired another warning shot at Elon Musk over his erratic piloting of Twitter since his takeover last month — saying he has “huge work” ahead…

Everybody hates the idea of San Francisco’s killer robot police

fastcompany.com In dystopian news: On Tuesday, San Francisco supervisors voted to give city police the authority to harness remotely controlled robots—roughly dog-size contraptions made of…

Marketmind: Waiting on Beijing By Reuters

investing.com By Jamie McGeever (Reuters) - A look at the day ahead in Asian markets from Jamie McGeever. The surprisingly dovish tone of Fed Chair Jerome Powell's speech on Wednesday is…

Waiting on Beijing

reuters.com Dec 1 (Reuters) - A look at the day ahead in Asian markets from Jamie McGeever. The surprisingly dovish tone of Fed Chair Jerome Powell's speech on Wednesday is likely to…

China’s protesters are angry about more than just zero-COVID

marketplace.org People in the southern Chinese city of Guangzhou clashed with police overnight, in the latest protest against the country’s strict zero-tolerance for COVID policy. Footage…

Xi Jinping showing "rare display of weakness": Tiananmen Square activist

newsweek.com Chinese President Xi Jinping's loosening of COVID-19 mitigation policies amid a wave of protests in the country was a "rare display of weakness" by the leader, according to…

Fed Chair Powell says smaller interest rate hikes could start in December

cnbc.com Federal Reserve Chairman Jerome Powell confirmed Wednesday that smaller interest rate increases are likely ahead and could start in December. - But he cautioned that…

The Fed: Powell says pace of interest-rate increases can slow as soon as December meeting

marketwatch.com Federal Reserve Chairman Jerome Powell indicated Wednesday the central bank may decide to raise interest rates at a slower pace at its next policy meeting. “The time for…

Wall Street Reacts To Powell's Dovish Speech As Markets Explode Higher

zerohedge.com Wall Street Reacts To Powell's Dovish Speech As Markets Explode Higher Stocks are soaring because once again CNBC's in-house clown Jim Cramer was dead wrong when he…

Next Week Will Be Critical For Oil Markets

zerohedge.com Next Week Will Be Critical For Oil Markets By Tsvetana Paraskova of OilPrice.com The next few days will be one of the most crucial for the oil market in weeks as several…

Jerome Powell’s signal that the Fed will slow its hikes sends the S&P index up

fortune.com Jerome Powell’s signal that the Fed will slow its interest rate hikes sends the S&P index up Chair Jerome Powell signaled the Federal Reserve will slow the pace of…

Fed Chair Powell: cutting rates is not something to do soon By Reuters

investing.com (Reuters) - Federal Reserve Chair Jerome Powell on Wednesday said the U.S. central bank should use a "risk management" approach to raising rates, going "slower and feeling…

Smaller rate hikes are likely coming in December, says Fed Chair Powell

cnn.com The Federal Reserve could pull back on the pace of its aggressive rate hikes as soon as December, Fed Chairman Jerome Powell said Wednesday at an economic forum. “The time…

Fed Officials Discussed Slowing Interest Rate Increases ‘Soon’

nytimes.com Federal Reserve officials agreed at their November meeting that it would soon be appropriate to slow interest rate increases, minutes from the gathering showed, as they…

Fed Chair Powell: cutting rates is not something to do soon

reuters.com Nov 30 (Reuters) - Federal Reserve Chair Jerome Powell on Wednesday said the U.S. central bank should use a "risk management" approach to raising rates, going "slower and…

U.S. officials don’t expect China protests to spread, communications show

politico.com U.S. officials don’t expect China protests to spread, communications show Chinese authorities appear determined to prevent growth of large scale protests. U.S. officials…

Most deeply inverted Treasury curve in more than 4 decades has one upbeat takeaway for investors

marketwatch.com One of the bond market’s most reliable indicators of impending U.S. recessions is pointed in a pretty pessimistic direction right now, but contains at least one optimistic…

Elon Musk Fears Economic Disaster if This Is Not Done Immediately

thestreet.com The economy's health remains the main subject of concern for consumers and investors, who just about every week see another wave of corporate job cuts. On Nov. 30, DoorDash…

Speech by Chair Powell on inflation and the labor market

federalreserve.gov November 30, 2022 Inflation and the Labor Market Chair Jerome H. Powell At the Hutchins Center on Fiscal and Monetary Policy, Brookings Institution, Washington, D.C. Today I…

China's factory activity drops amid renewed COVID-19 restrictions

foxbusiness.com Factory activity in China fell in November following new COVID-19 restrictions that have sparked protests across the country. The official factory statistics in China…

2:00PM Water Cooler 11/30/2022

nakedcapitalism.com By Lambert Strether of Corrente Bird Song of the Day Flavescent Flycatcher, Pichincha, Ecuador. Ornate, handsome, now flavescent! Politics “But what is government itself,…

Powell Signals Downshift Likely Next Month, More Hikes to Come

yahoo.com (Bloomberg) -- Chair Jerome Powell signaled the Federal Reserve will slow the pace of interest-rate increases next month, while stressing borrowing costs will need to keep…

Bitcoin Rises Briefly as Fed Chair Promises More Rate Hikes

cryptopotato.com Jerome Powell – Chairman of the Federal Reserve – recently spoke about the future of macroeconomic policy and U.S. inflation at the Brooking Institution. As is typical,…

Powell signals 0.50% rate hike in December, citing need to 'moderate' pace

yahoo.com Federal Reserve Chair Jerome Powell set the table for a 50-basis point rate hike at the Fed's December policy meeting, saying in a speech on Wednesday it makes sense to…

Fed's Powell: Rate-hike slowdown possible next month, inflation fight far from over By Reuters

investing.com By Howard Schneider and Ann Saphir WASHINGTON (Reuters) - The Federal Reserve could scale back the pace of its interest rate hikes "as soon as December," Fed Chair Jerome…

Fed chair signals smaller rate hikes as bank keeps up inflation fight

washingtonpost.com The Federal Reserve is preparing to slow the rapid pace of its interest rate hikes but will likely keep borrowing costs higher for longer than previously expected to get the…

Hakeem Jeffries’s ascent to Democratic leader, explained

vox.com Democratic Caucus chair Hakeem Jeffries arrives to hold a news conference at the US Capitol on November 15. | Bill Clark/CQ-Roll Call, Inc via Getty Images Jeffries is known…

Watch Live: Fed Chair Powell Sees Terminal Rate "Somewhat Higher", Needs "Substantially More Evidence" On Inflation

zerohedge.com Watch Live: Fed Chair Powell Sees Terminal Rate "Somewhat Higher", Needs "Substantially More Evidence" On Inflation Watch Powell speak live at The Brookings Institute here:…

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