SPAC liquidations top $12 billion this year as sponsors grapple with tough market, new buyback tax

Chamath Palihapitiya, Social Capital Founder and CEO CNBC A new buyback tax has motivated more and more SPAC sponsors to close up shop before the year-end, adding another headwind to the blank-check s...

UK cash withdrawals hit a record high as Brits grapple with inflation

Post Office has attributed the record amount for personal cash withdrawals at its 11,500 branches to more staycations in the U.K. and people using cash to manage their budgets. Gannet77 | Getty Images...

Vale Earnings Disappoint as Miners Grapple With Stagflation

(Bloomberg) — Vale SA struggled more than expected with deteriorating iron ore conditions last quarter, delivering earnings that trailed estimates on rising costs and weaker prices of the steelm...

Oil Swings as Traders Grapple With Recession Concerns, Demand

(Bloomberg) — Oil fluctuated as investors weighed concerns that a global slowdown will erode demand against still-solid physical market signals. Most Read from Bloomberg West Texas Intermediate ...

Bitcoin Energy Consumption Declines as Miners Grapple With Falling Revenue

Bitcoin mining is no longer consuming as much energy as before, according to a Cambridge Bitcoin Electricity Consumption Index report, which shows a 25% decline in energy use since the start of the mo...

Right-Wing ‘The Boys’ Fans Grapple With Homelander Being A Villain, Confusing Everyone

The Boys Amazon After this week’s episode of The Boys, something rather weird happened, as a civil war broke out on the show’s subreddit, as documented by writer Ryan Broderick for Rolling Stone. The ...

BlackRock, Vanguard Grapple With Sanctions on Russian Securities

(Bloomberg) — BlackRock Inc., Vanguard Group and Van Eck Associates are among large asset managers facing a ticking clock if they want to unload stakes in financial firms sanctioned for Russia’s...

REN Price Analysis: Ren on a Downtrend as bulls grapple with the bears

•REN/USD is currently priced at 0.32, and has decreased by 5.56% over the past day •The trading volumes of REN have decreased by 28.14% over the past day – Advertisement – •The technical i...