Mike Novogratz Warns of Credit Crunch in US and Globally — Expects Fed to Cut Rates ‘Sooner Than We Think’ – Economics Bitcoin News
Galaxy Digital CEO Mike Novogratz has warned of a credit crunch in the U.S. and globally. Emphasizing that “we are heading into […]
‘Cut stamp duty to boost UK stocks’, brokers urge
The Treasury should slash the taxes applied to UK share transactions to help boost investment and curb the exodus abroad of stock […]
Britain’s taxes will be cut ‘as soon as we can afford to,’ finance minister says
Finance Minister Jeremy Hunt, in his hotly anticipated inaugural Autumn Statement, unveiled a sweeping £55 billion ($66 billion) fiscal plan. Anadolu Agency […]
Live news updates from January 27: US consumer spending softens, Goldman’s CEO takes 30% pay cut
Hasbro said it would stay on track to make $250mn-$300mn in annual cost savings © Ray Stubblebine/Reuters Hasbro said it would cut […]
Goldman Sachs CEO David Solomon gets 29% pay cut to $25 million after tough year
David Solomon, Chairman & CEO of Goldman Sachs, speaking on Squawk Box at the WEF in Davos, Switzerland on Jan. 23rd, 2023. […]
Oil market braces for fresh turmoil as EU prepares to cut off Russian diesel
The EU is on the brink of effectively severing ties with its biggest external diesel supplier when sanctions on imports of refined […]
Harbour Energy to cut jobs after UK windfall tax
Harbour Energy, one of the UK’s biggest oil and gas producers, has told staff it plans to cut jobs this year in […]
US stockpiles natural gas as warm winter temperatures cut demand
The US normally pulls natural gas from storage sites in the middle of winter, drawing on fuel carefully stockpiled ahead of the […]
BNY Mellon to cut about 3% of staff
Bank of New York Mellon Corp. is planning to lay off about 1,500 staff this year as the firm says costs will […]
Wells Fargo shares rise even as bank’s profits cut in half by higher reserves, settlement costs
People walk past a Wells Fargo bank on 14th Street on December 20, 2022 in New York City. Michael M. Santiago | […]
BlackRock plans to cut 500 jobs worldwide following 2022 sell-off
BlackRock plans to cut 500 employees from its global workforce as the world’s biggest asset manager grapples with the fallout from last […]
Huobi Korea Plans to Cut Ties With Parent Company, Strengthen Domestic Presence – Bitcoin News
According to a report from South Korea, the Korean subsidiary of Huobi Global is planning to cut ties with the parent company. […]