Stock Sell-Off Intensifies As Investors Quit Cheering On Bad Economic News

Topline Stocks slipped for a third consecutive session Thursday, with the Dow Jones Industrial Average wiping out all of its 2023 gains following a strong start to January, as the market continued to ...

Citi is ordering its low-performing remote workers back to the office. That could be a bad sign for quiet quitters.

While Citibank promotes flexible work arrangements, workers who aren’t performing well when at home will be ordered back to their cubicles, CEO Jane Fraser told Bloomberg’s David Westin at the World E...

Sell Microsoft Stock. The Software Giant Is Facing a Bad Economy, Says Analyst.

Guggenheim is getting more pessimistic about Microsoft stock on the risk of a slowing global economy. On Tuesday, analyst John DiFucci lowered his rating on software giant Microsoft (ticker: MSFT ) to...

Gold Is Making Bitcoin Look Pretty Bad

It appears bitcoin is taking another beating, only this time, it’s from its rival gold. The precious metal has long been considered a solid commodity and a hedge against a wide array of economic probl...

‘It feels like way too much to lose.’ We had $550K invested and told our adviser we wanted a ‘conservative approach.’ Since then we’ve lost $88K. I know the market is bad, but should we fire him? 

Question: Two years ago my husband took an early retirement when offered by his company.  At that time we had a 401(k) with about $550,000 that we gave to a big financial services firm rep to handle. ...

Tesla’s Profits Are at Risk From Price Cuts. It Could Get Bad.

Tesla is cutting its prices, so Wall Street is lowering its forecasts for earnings, fearing profit margins will be decimated. That makes 2023 a scary time for investors in the electric-vehicle company...

Bitcoin Miners Show Signs Of Dumping, Bad For Rally?

On-chain data shows Bitcoin miners could be dumping right now, a sign that could provide an impedance to the rally. Bitcoin Miners’ Position Index Has Shot Up Recently As pointed out by an analyst in ...

‘Velma’ Is So Bad It’s Spawned Psyop Conspiracy Theories

Velma HBO Max Yesterday, HBO Max bragged that Velma, the new adult-rated Scooby Doo cartoon, was its most-viewed animated premiere ever. I’m not sure precisely what that says, given that the only othe...

JPMorgan Chase, Bank of America and Wells Fargo earnings show the good, the bad and the ugly of people’s finances. So how are they holding up?

Friday’s wave of big-bank earnings gives an important glimpse into Americans’ finances amid high prices, rising interest rates and recession worries. At first glance, most consumers appear to be keepi...

Ubisoft Latest Game Cancelation and More Bad News Causes Shares to Plunge 20%

Due to the bad news, which includes the canceled games and financial challenges, Ubisoft plans to “depreciate around €500m of capitalized R&D”. French video game publisher Ubisoft saw its shares s...

The Good, Bad And Ugly From The Green Bay Packers’ Season-Ending Loss To The Detroit Lions

Green Bay Packers quarterback Aaron Rodgers (12) and Green Bay Packers wide receiver Randall Cobb … [+] (18) walk off the field after losing to the Detroit Lions Sunday night. Copyright 2023 The...

Genesis Parts Ways With Sales Staffers, Said To Spell More Bad Tidings

There’s no end in sight for Genesis’ prickly problems as executives exhaust avenues to keep the crypto company above water. Among the 30% of firm-wide employees Genesis cut on Thursday was the majorit...

Crypto Exchange Huobi Has Bad News

This is bad news that the cryptocurrency industry could have done without.  The latest episode suggests that the very difficult period that the young Blockchain-powered financial services industry is ...

Silvergate gets more bad news as Moody’s slashes its ratings

Things seem to be going from grim to grimmer at Silvergate Bank, with a hit to its Moody’s rating and a selloff by Ark Invest. The bank already experienced a run and has been tied to the FTX collapse....

Bad News Greets Residential Home Investors and Real Estate Agencies in the First Weeks of 2023

The end of 2022 was not kind to residential real estate investors or those whose agencies sell and finance homes. Not only did mortgage interest rates climb again at the end of December, but applicati...

Why bad news is bad news for the stock market

This article first appeared in the Morning Brief. Get the Morning Brief sent directly to your inbox every Monday to Friday by 6:30 a.m. ET. Subscribe Friday, January 6, 2023 Today’s newsletter i...

Y-Combinator tells portfolio companies 2023 may get bad

Y-Combinator (YC) expects even more economic turmoil in 2023. It advises project leaders to revert to “survival” mode as fundraising could be challenging in the next few months. In a screen grab circu...

Southwest Airlines Gets Even More Bad News

Holiday travel is stressful under the best of circumstances, but passengers who opted for Southwest Airlines last month had an especially harrowing ordeal. A winter storm wreaked havoc on America over...

Gemini co-founder claims DCG acted in bad faith; DCG CEO had this to say

Gemini co-founder Cameron Winklevoss stated that DCG’s Barry Silbert has been acting in bad faith.  However, Gilbert refuted the allegations and claimed that he has been cooperating with Gemini.  Came...

Cameron Winklevoss Accuses Genesis Of Negotiating In Bad Faith

Co-founder of crypto exchange Gemini Trust Co, Cameron Winklevoss, has accused the CEO of Digital Currency Group (DCG), Barry Silbert, of negotiating in bad faith.  The comments were made in an open l...

2022 Wasn’t All Bad for Crypto (Just Mostly)

Crypto had a terrible, horrible, no good, very bad year in 2022. Coins began tanking at the start of Q2 and never rallied; Terra collapsed in May, leading to the bankruptcies of Celsius, Voyager, and ...

Gemini co-founder accuses DCG’s Silbert of “Bad Faith” while dispute over $900 million in locked funds stagnates

Join Our Telegram channel to stay up to date on breaking news coverage The CEO of Digital Currency Group, Barry Silbert, has been accused of “bad faith stall tactics” by the co-founder of cryptocurren...

Gemini’s Winklevoss Slams DCG CEO Silbert for ‘Bad Faith Stall Tactics’ Over $900M in Locked Funds

Crypto broker Genesis, owned by Digital Currency Group (DCG), is in a bad spot. The company’s lending arm halted customer withdrawals in November amid the downfall of FTX, and it reportedly owes users...

Gemini Co-Founder Accuses DCG’s Silbert of ‘Bad Faith’ Stalling in $900M Locked Funds Dispute

Gemini Trust Co., which is co-owned by Winklevoss and his twin brother Tyler, paused redemptions on an interest-earning product called Earn in mid-November, a week after rival crypto exchange FTX file...

If Russia Is This Bad At Conventional Warfare, What Does That Tell Us About Its Nuclear Posture?

Russia’s military performance in Ukraine has proven to be, in the words of the Economist’s year-end edition, “spectacularly incompetent.” Western observers have noted major deficiencies in intelligenc...

What FTX had to do with Alameda’s bad XRP bet

Alameda made big losses during the 2018 crypto crash SBF was seeking new lenders since the start of 2019 and even sponsored Binance Blockchain Week for the same purpose FTX was founded after SBF was i...

How to get a personal loan with bad credit: Can you get one, and should you?

Getty Images/iStockphoto Even if you have a low credit score, you may still qualify for a personal loan — but “if you’re in this situation, you should be prepared to pay a higher interest rate and pot...

Dow Jones, the S&P 500, and Nasdaq price forecast after the bad performance in 2022

The Dow Jones Industrial Average (DJIA), the S&P 500 (SPX), and the Nasdaq Composite (COMP) booked their first yearly drop since 2018, driven by aggressive interest rate hikes from the U.S. Federa...

Cathie Wood’s Grim 2022 Is Over. Next Year Also Looks Bad

(Bloomberg) — Cathie Wood’s worst-ever year wasn’t even over before the clouds started to gather for 2023. Most Read from Bloomberg For the past few weeks, Wall Street has been slashing earnings...

Exchange: bad news for BTC and crypto

Crypto exchanges continue to be the weak point in this sector at the moment: negative news for Bitcoin (BTC) and cryptocurrencies regarding these platforms.  Crypto news: Bitcoin (BTC) and money laund...

Bad Actors Win Big In Crypto With Over $3 Billion Stolen In 2022

Bad actors are now almost synonymous with the crypto space given the number of scams and hacks perpetuated on an almost daily basis. So far in the year 2022, these bad actors have come out on top, bea...

Billions Lost, Employees Cut Off — Inside The Metaverse’s Bad Run In 2022 ⋆ ZyCrypto

Advertisement &nbsp &nbsp The much-anticipated metaverse has suffered a string of losses ranging from dwindling daily users to billions wiped off its market capitalization. Af...