Bitcoin (BTC) and other bulls will not benefit from a major change in United States inflation policy in 2023, one analyst says. In a Twitter thread on Dec. 20, Jim Bianco, head of institutional resear...
Tag: Cut
Puerto Rico Power Utility Plan to Cut Debt by 40%
(Bloomberg) — Puerto Rico’s financial oversight board filed a plan to restructure about $9 billion of power utility debt after failing to reach a deal with bondholders, signaling the agency’s fi...
Stellar (XLM) Price Prediction 2025-30: Shall XLM holders cut losses now?
Disclaimer: The datasets shared in the following article have been compiled from a set of online resources and do not reflect AMBCrypto’s own research on the subject. It has been more than a month now...
Should You Get A Covid Booster? CDC Says They Cut Risk Of Hospitalization In Half
Topline Adults who received a shot of the updated Covid-19 bivalent booster were less than half as likely to need hospital treatment than unvaccinated adults, according to a new report from the Center...
Goldman Sachs could execute a sizable job cut in January
Goldman Sachs Group Inc (NYSE: GS) is in focus this morning after a CNBC report said the Wall Street bank plans on lowering its global headcount by up to 8.0%. More than 3,500 employees could lose job...
Goldman Sachs is planning to cut up to 8% of its employees in January
David Solomon, chief executive officer of Goldman Sachs Group Inc., during a Bloomberg Television at the Goldman Sachs Financial Services Conference in New York, US, on Tuesday, Dec. 6, 2022. Michael...
Coinbase Launches ERC-20 Token Recovery Tool (For a 5% Cut)
America’s largest crypto exchange, Coinbase, has launched tools to help users that have mistakenly sent the wrong tokens to their address. On Dec. 15, Coinbase unveiled a new set of tools to enable ER...
Novavax Tumbles on Cut to UK Covid Vaccine-Supply Deal, Capital Raising
(Bloomberg) — Novavax Inc. shares fell the most in almost four years on Thursday after the company announced it had cut its vaccine supply to the UK and was seeking additional equity and debt. M...
France requests emergency cut in electricity exports to UK as nuclear crisis deepens
The Drax coal-fired power stations – Simon Dawson/Bloomberg France’s electricity network operator requested emergency help from Britain as the cold snap caused demand to surge across Europ...
Binance threatens to cut off 3Commas’ access to its platform, here’s why
3Commas’ API key leaks exposed more people to losing money. Binance to block the app from the exchange if they don’t effectively prevent it. More users are losing money after API keys of third-party ...
Rich Chinese keep spending while others cut back: McKinsey survey
Pictured here is a science-fiction themed installation at the Maison Hermes in Shanghai, China, on Nov. 28, 2022. Future Publishing | Future Publishing | Getty Images BEIJING — Wealthier Chinese were ...
BuzzFeed to cut 12% of its workforce
The BuzzFeed website on a smartphone arranged in Hastings-on-Hudson, New York, on Monday, Dec. 6, 2021. Tiffany Hagler-Geard | Bloomberg | Getty Images BuzzFeed on Tuesday announced plans to cut its w...
PepsiCo plans to cut hundreds of jobs, report says
Pepsi soft drinks are displayed at a convenience store in San Francisco, California. Justin Sullivan | Getty Images PepsiCo is eliminating hundreds of corporate jobs in North America, according to the...
Morgan Stanley cut about 2% of staff Tuesday, sources say
James Gorman, chief executive officer of Morgan Stanley, speaks during a Bloomberg Television interview on day three of the World Economic Forum (WEF) in Davos, Switzerland, on Thursday, Jan. 24, 2019...
Dow Jones Sells Off 350 Points After Economic Data; Tesla Skids On Plans To Cut Production
The Dow Jones Industrial Average sold off 350 points Monday after a host of November economic data, including the PMI composite, the ISM services index and factory orders. China stocks resumed their r...
Tesla Set to Cut Shanghai Output in Sign of Sluggish Demand
(Bloomberg) — Tesla Inc. plans to lower production at its Shanghai factory, according to people familiar with the matter, in the latest sign demand in China isn’t meeting expectations. Most Read...
Bybit To Cut Workforce Amidst Fears Bear Market Is Here…
Bybit has announced that it will be laying off nearly 30% of its global workforce, becoming the latest cryptocurrency exchange to do so. The move comes as fears grow that the bear market is here to s...
Tesla plans to cut car production in Shanghai as demand wanes: report
Facing weaker demand in China, Tesla Inc. TSLA, +0.08% plans to reduce production at its Shanghai plant by possibly 20% in December, Bloomberg reported on Monday, citing sources. The cuts could kick i...
Bybit to Cut 30% of Workforce as Crypto Bear Market Deepens
Centralized crypto exchange Bybit has become the latest to axe staff as crypto winter deepens. The move adds to layoffs by the company earlier this year in June. Singapore-headquartered Bybit has anno...
Elon Musk wants the Fed to ‘cut interest rates immediately’ — but Jerome Powell just said inflation ‘remains far too high.’ Here are 3 sectors for safety if costs keep soaring
Elon Musk wants the Fed to ‘cut interest rates immediately’ — but Jerome Powell just said inflation ‘remains far too high.’ Here are 3 sectors for safety if costs keep soaring ...
Fantom wants to cut token burn rate by 75% to fund DApp rewards program
According to a new proposal dated Dec. 1, directed acrylic graph network Fantom seeks to implement an affiliate program for its decentralized application (DApp) developers with network gas fees. To fu...
Intel Ireland Hands Out Three Months’ Unpaid Leave To 40% Employees As Part Of Cost Cut Drive
Intel Corp’s (NASDAQ: INTC) Irish operation doled out three months’ unpaid leave to up to 2,000 staff as part of cost-cutting measures. Intel offered the workers at its manufacturing divis...
Fantom price movement after the proposal to cut token burn rate by 75%
Fantom (FTM/USD) published a proposal on December 1, where the project aims to implement an affiliate program for the decentralized application (dApp) developers with gas fees. Fantom is a directed a...
Elon Musk Implores Fed to Cut Interest Rates or Risk Economy Tumbling into ‘Severe’ Recession
Tesla boss Elon Musk opines that the Fed’s attempts to stem inflation may inadvertently induce a full-blown recession. Elon Musk believes that the Federal Reserve must cut interest rates immediately o...
Elon Musk Warns of Severe Recession — Urges the Fed to Cut Interest Rates Immediately – Economics Bitcoin News
Tesla CEO and Twitter boss Elon Musk has warned of a severe recession in the U.S. The billionaire stressed that the Federal Reserve needs to cut interest rates “immediately,” emphasizing that the Fed ...
Elon Musk Says US Fed’s Interest Rate Needs to Cut Immediately
14 mins ago | 2 mins read Editors News The Fed increased its interest rates by 375 basis points this year. Elon Musk calls it the Trend is concerning. The Federal Reserve is hiking interest rates in a...
Elon Musk says the Fed must cut rates ‘immediately’ to stop a severe recession
Tesla Motors CEO Elon Musk unveils a new all-wheel-drive version of the Model S car in Hawthorne, California October 9, 2014. Lucy Nicholson | Reuters Elon Musk thinks a recession is coming and worrie...
MetaMask founder comments on Apple’s demand for a 30% cut of the NFT gas fee
Apple’s monopoly is not a new thing in Silicon Valley however, it is now trying to monopolize the crypto industry as well. This is clear from the recent revelation of Coinbase Wallet, which in a serie...