Fed expects no interest rate cuts in 2023
The Fed is expected to raise rates again on February 1.
Investing
Meta fined over US$400 million by EU for alleged personal data collection violation
Meta, the parent company of Facebook and Instagram, plans to appeal the decision.
Coinbase to pay US$100m after ‘significant failures’ raised criminal activity risk
Coinbase chief legal officer Paul Grewal said the firm has taken “substantial measures to address these historical shortcomings.
Cathie Wood buys US$19 million in Tesla stock as new ‘major worry’ emerges
The long-time Tesla bull Wood is doubling down.
Sam Bankman-Fried pleads not guilty, trial set for October
The fallen mogul faces up to 115 years in prison if found guilty on all counts.
Tesla posts record EV deliveries – but misses expectations
The company finally broke the 1 million-unit mark in 2022.
The most anticipated Tech IPOs in 2023
Forbes reviewed the current unicorn landscape to tap who might be likely to list.
Lithium and rare earths tipped for 2023 gains; share markets sink in 2022
2022 saw the worst annual performance on the S&P/ASX 200 since 2018.
US markets close out worst year since 2008
The Dow fell 9% in 2022, while the S&P 500 fell 20% and the tech-heavy NASDAQ 34%.
Energy stocks outshone peers in 2022 on US markets
During the stock market’s worst year since 2008, energy stocks have greatly outperformed other assets.