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Musk Loses $12 Billion in a Day as He Tweets Politics, Slams ESG
Musk day on Twitter Inc., announcing political switch from Democrat to Republican, trashing ESG and replying to several users of social-media website.
Global Market Downturn Only Just Beginning for Some Strategists
Selloff in global risk-assets against a backdrop of surging inflation and slowing growth is only getting started, some market participants believe.
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Why Big Tech’s Approach Doesn’t Apply to Global Finance
There’s a certain allure to the technology industry that’s impossible to ignore.
Small Businesses Under Fire From Password Stealers
Kaspersky researchers tracked notable increases in password-stealing Trojans, RDP attacks and other cyber threats against small businesses.
Fed’s George Says ‘Rough’ Market Won’t Alter Rate Hike Plan
Fed raised interest rates by 50 basis points this month and Chair J. Powell signaled on track to make similar-sized moves at June and July meeting.
Cathie Wood Says ‘Exploding’ Inventories May Augur Weaker Prices
Cathie Wood says “exploding” inventories at major retailers paired with declining US consumer sentiment portend slower inflation on the horizon.