U.S. stocks rebounded to close almost where they opened, after a stronger-than-expected jobs report for November raised questions over how soon the Federal Reserve could slow its aggressive interest rate hikes. Read more:
This family left the U.S. and bought an apartment in Portugal for $534,000—look inside their 400-year-old home. (via @CNBCMakeIt)
Liquidity is the name of the game in the current economic environment
From historical arguments to poems on cryptocurrency, users took to Twitter to speculated on its ability to replace everything from playwrights to college essays
Cooling inflation and Powell’s talk of moderation sent stocks soaring. But a hot jobs report means rate hikes are still in the cards, and it’s not time to celebrate yet.
"This is about the outrageous behavior of an individual," Sen. Pat Toomey says on the FTX fallout.
Whether it’s flaming eggplant or liquid nitrogen gelato, 21st-century NYC diners are getting wowed by old-school tableside carts
Russian tourists are once again traveling in large numbers to Thailand and using credit cards issued outside of Russia
Layoffs hit white-collar workers, hinting at a ‘Patagonia vest recession’
CFTC Chair calls for authority to prevent the next FTX by @Jenniferisms and @DsHollers
A crypto party in India is showing signs of trouble amid a wider market meltdown. Lax regulations heighten the risks, experts say.
Your boss denied your promotion request. Here's a CEO's simple advice for what to do next. (via @CNBCMakeIt)
Larry Summers says the Fed will need to raise rates more than expected, and warns the economy could slide suddenly like an "avalanche"
A Beverly Hills cop was California’s highest-paid municipal worker last year, earning $716,000
The U.S. added a more-than-expected 263,000 jobs in November despite announcements of thousands of job cuts by technology companies, including Twitter, Amazon and Meta. Read more
“Oil is pinched in that sort of demand-supply equation right now,” @mdbaccardax says. More:
Companies that thrived during a period of rising prices may find it harder to boost prices and protect margins as inflations continues to slow. That could mean trouble.
4 of the top 10 best college towns in the U.S. are in Florida—see where else made the list (via @CNBCMakeIt)
Here's how a 26-year-old brings in up to $19K a month throwing parties: (via @CNBCMakeIt)
News shared on social media and by word-of-mouth moved faster than China’s censors, but the government is quickly making sure it keeps the upper hand
Home builders and suppliers have been hammered by rising mortgage rates. But there’s long-term value in the stocks, and interest rates won’t stay up forever.
McDonald's is taking a giant leap into the future with this new restaurant concept
Winners of the second annual Earthshot Prize will each receive $1.2 million to help address environmental — and human — woes
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The Top 100 Most Valuable Brands In 2022 | Link
SFT101_Our_Rules_ND_FB_030_X0.mp4 - Box | Link
#Ghana's economic woes continue to mount. Today, I accurately measure inflation in Ghana at a stunning 145.43%/yr. That's ~3.6x the phony official rate. To rein in inflation, Ghana must install a currency board, NOW!
China Slump Hurts World Economy
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If I've learned one thing from my investment in @basepaws, it's that people love their pets! So proud of what the team has done and this new acquisition. #SharkTank
Scientists Claim To Have Created A Tiny Wormhole In The Quantum Realm | Link
Everything about Mr. Wonderful is premium. That’s not free, it’s always going to come with a cost. #SharkTank
Your ability to execute is what I’m looking at, that’s what any investor, boss, and business peer is looking at. Show you have what it takes. #SharkTank
Regardless of what education you have under you belt you still have to EXECUTE what you’ve learned in order to be successful. #SharkTank
How are you using social media to reach new customers? #SharkTank
One of the deadliest killers of small businesses is high customer acquisition costs. A following on social media has completely changed the landscape in lowering this cost for entrepreneurs. #SharkTank
People like to call me the mean Shark, but I’m your best friend! I tell the TRUTH. That’s the best gift anyone could ever give you. #SharkTank
Raytheon Reveals US Plan To Remove Anti-Air Systems From Gulf For Ukraine | Link
Watch Live: Air Force Unveils B-21 Raider Stealth Bomber | Link
Stocks closed up for the week on Friday, marking the first time since October the three major indexes saw consecutive weekly gains. | Link
"... and tech has no Hillary to hide behind" cc: @HillaryClinton
Hi @vijaya is this true
Appeals Court Stops Special Master Review Of Documents Seized At Trump’s Mar-a-Lago Estate | Link
Brilliant to see how @VirginAustralia has raised the stakes in its middle seat lottery. Such a great way to make people smile. Here’s more about the competition: #VirginFamily | Link
THE BIGGEST RISK: QUANTITATIVE TIGHTENING (ECONOMIX)
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Elon Musk Releases THE TWITTER FILES: How Twitter Collaborated With "The Biden Team" To Cover Up The Hunter Notebook Story | Link
“.. Twitter’s U.S. ad revenue was running at 80 percent below internal expectations for that week, three people with knowledge of the figures said.”
@nytimes @MikeIsaac #WorldCup | Link
I'm glad I moved out of California years ago. What a disaster this will be for the state if this harebrained proposal is actually passed.
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LA County Experiences 1,200% Increase In Fentanyl Overdose Deaths Over 5-Year Period | Link
Antifa Defendants Arrested In Attack On Trump Supporters Take Plea Deals | Link
Read our newest Bespoke Report newsletter here: | Link
I care about EV trucks and advancing sustainable energy and transportation. #Tesla $TSLA #TeslaSemi #CyberTruck
Hartnett: "2 Shocks Down, 1 To Go" And Why Jobs In 2023 Will Be A Disaster | Link
Today our coalition set a cap on the price of seaborne Russian oil — a result of months of effort and a sign of our united resolve. This will help restrict Putin’s primary source of revenue for his war and preserve stability of global energy supplies. | Link
Minneapolis Settles With 12 Injured George Floyd Protesters, Police Barred From Arresting Lawful Protesters | Link
Now is the @CIA's chance to shine
A great episode coming Monday, with economic historian @delong on the collapse of FTX and its similarities to the South Sea Company. Out now on @TheTerminal
#France’s credit outlook cut to negative by S&P as nation’s slowing econ & govt measures to cushion households & businesses from higher energy weigh on public finances. AA rating affirmed. S&P cut 2023 GDP forecast to 0.2% from 1.7%, deficit forecast raised to 5.4% from 4% of GDP
California Governor's Reparations Committee To Recommend $223,200 Per Descendant Of Slavery | Link
This week I discussed the resilience of the U.S. job market with @andrewrsorkin at NYT #Dealbook. Right now, we have almost the lowest unemployment rate in 50 years and a historically high ratio of job openings to people seeking work.
Another good one on tap:
Luis Berruga, the chief executive officer at Global X ETFs. Before joining Global X, which has $42 billion in assets under management
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Global Entry already uses facial recognition — you don't even scan your passport. Convenient but spooky | Link