politics

This trader sees a 43% drop for the S&P 500 and says to take shelter in these ETFs instead.

A day after the Dow DJIA climbed out of bear territory on hopeful comments by Fed Chairman Jerome Powell, stock futures indicate a rethink of that optimism, as inflation data looms. The Fed chief’s suggestion of a 50 basis point hike vs. 75 bp in December wasn’t new, but investors got excited anyway, says the …

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Russian oil sanctions are about to kick in. And they could disrupt markets in a big way

European oil sanctions are due to kick in on December 5. The idea is to reduce oil revenues for Russia given its war in Ukraine. Andrey Rudakov | Bloomberg | Getty Images Upcoming sanctions on Russian oil are set to be “really disruptive” for energy markets if European nations fail to set a cap on …

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UK charity backed by Bankman-Fried sounds alarm to British regulators

A charity backed by Sam Bankman-Fried and his failed cryptocurrency exchange, FTX, has sounded alarms to regulators in the United Kingdom that raise questions about the viability of the nonprofits he’s funded. The Charity Commission for England and Wales, a UK agency that regulates nonprofits, said one of the charities there filed a “serious incident …

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William And Kate’s Visit To US Kicks Off In Boston – TODAY

William And Kate’s Visit To US Kicks Off In BostonTODAY What goes into protecting Prince William and Princess Kate as they visit the US?Yahoo! voices Prince William and Kate Middleton WON’T REUNITE With Prince Harry and Meghan Markle in USEntertainment Tonight President Biden to make stop in Boston while British royals are in townBoston News, …

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Iranian protesters celebrate World Cup defeat, as fears surround players’ return

CNN  —  Iran’s World Cup defeat to the United States was met by cheers and celebrations in Tehran and other Iranian cities on Tuesday evening, as protesters hailed the country’s exit from the tournament as a blow to the ruling regime. The nation was eliminated from the tournament in Qatar after its 1-0 loss on …

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FTX’s Sam Bankman-Fried Made Secret Donations to Republicans

File photo of Sam Bankman-Fried testing during a House Financial Services Committee hearing on digital assets on December 8, 2021.photo: Tom Williams/CQ Roll (AP) Sam Bankman-Fried, the founder of FTX, says he donated equally to both Democratic and Republican politicians before his cryptocurrency platform filed for bankruptcy earlier this month, wiping out billions of dollars …

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Euro zone inflation rate eases to 10% in November as energy prices slow

Markets track the latest inflation data out of the euro zone ahead of a new ECB meeting. Julien DeRosa | Afp | Getty Images Inflation in the euro zone slowed slightly in November, according to preliminary figures out Wednesday, with prices coming off record highs and missing analyst expectations. Consumer prices have been sky high …

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Twitter is less safe due to Elon Musk’s management style, says former top official

CNN Business — Twitter owner Elon Musk’s dictatorial management style risks driving the company headlong into unforced business blunders, content moderation disasters and the degradation of core platform features that help keep vulnerable users safe, according to a former top Twitter official who led the company’s content moderation before abruptly resigning this month. The social …

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Iran faces USA in winner-takes-all match to progress to World Cup knockout stages

CNN  —  The knockout stage has already arrived for the United States Men’s National Team (USMNT) at the World Cup – nothing less than a win on Tuesday will suffice when it takes on Iran in a winner-takes-all match. Whichever team wins will reach the round-of-16 at Qatar 2022, and for the USMNT, even a …

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Iran threatened families of World Cup soccer team, according to security source

CNN  —  The families of Iran’s World Cup soccer team have been threatened with imprisonment and torture if the players fail to “behave” ahead of the match against the USA on Tuesday, a source involved in the security of the games said. Following the refusal of Iranian players to sing the nation’s national anthem in …

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