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High Short-Selling Fails to Calm the Jittery Nerves of Investors Despite Repeated Assurance from Tether

Supporters of Tether, the largest stablecoin, have ensured enough assets back the digital token. Still, despite working smoothly, it has not been enough to...

Surging Cost of Fuel is Leading to Demand Destruction, Says Vitol

Bloomberg News reports that the surge in the cost of fuel which is occurring globally is beginning to weigh on demand as per the...

Michele of JPMorgan Warns on Recession as Brutal First Half Approaches the End

Bloomberg News reports that the Wall Street career of Bob Michele kicked off during the early 1980s when stagflation was reigning supreme. And after...

Worst Half of S&P 500 Since 1962 Will Not Say Much About Second Half

Bloomberg News reports that the S&P 500 is heading for the worst first half it has witnessed since 1962. It is according to the...

Eleven Madison Park Reject Wage Hike for Kitchen Staff by 33% Wage

A leaked Memo from Eleven Madison Square restaurant, which reopened in June 2021 with a new vegan tasting menu priced at $330, showed that...

Minority Investor Blocks Elliott Sale of AC Milan Club for $1.3 Billion

A minority shareholder of Italy’s football team, AC Milan, is trying to stop the sale of the club for $1.3 billion (1.2 billion Euros)...

Byju’s Offering More than $1 Billion for 2U for US Expansion

Bloomberg News reports that Indian online education stalwart and provider Byju’s’s is offering to acquire 2U Inc. in a cash deal that has valued...

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