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Monthly Archives: September 2022

Thailand says it can slow rate hikes; one economist says it’s a gamble

Thailand’s finance minister says his country is in no hurry to raise rates in order to narrow its gap with rising U.S. interest rates, but not all economists agree with the move. Finance Minister Arkhom Termpittayapaisith told CNBC last week that the country still has net capital inflows, hence capital …

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sustainability efforts and profits can coexist

Making profits and doing right by shareholders and working on ways to protect the environment and mitigate climate change are not mutually exclusive, Adam Selipsky, CEO of cloud leader Amazon Web Services (AWS), told CNBC on Monday. In an interview for “Mad Money” with Jim Cramer, Selipsky said the entire …

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Inflation ‘collapse’ will spark big stock market gains: Credit Suisse

Credit Suisse expects the Federal Reserve to pause interest rate hikes sooner than widely expected due to tumbling inflation. According to the firm’s chief U.S. equity strategist, it will launch a powerful market breakout. “This is actually what’s being priced into the market broadly,” Jonathan Golub told CNBC’s “Fast Money” …

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Amazon’s workplace safety chief to leave next month, memo says

A worker sorts out parcels in the outbound dock at Amazon fulfillment center in Eastvale, California on Tuesday, Aug. 31, 2021. Watchara Phomicinda | MediaNews Group | The Riverside Press-Enterprise via Getty Images Amazon’s top executive overseeing workplace health and safety is leaving the company next month, CNBC has learned. …

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AppLovin abandons effort to buy Unity after $20 billion bid rejected

AppLovin logo is seen at the company’s booth one day before the China Digital Entertainment Expo & Conference (ChinaJoy) at Shanghai New International Expo Center on August 1, 2019 in Shanghai, China. VCG | Visual China Group | Getty Images Game developer AppLovin said it’s giving up on its effort …

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When to apply for student loan forgiveness — 4 key dates to know

Olena Ruban | Moment | Getty Images By next month, tens of millions of Americans should be able to start applying for student loan forgiveness. For a number of reasons, experts say borrowers should fill out their application sooner rather than later. These are 4 dates that should be on …

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Oracle (ORCL) earnings Q1 2023

Oracle CEO Safra Catz speaks during the SelectUSA Investment Summit in Oxon Hill, Maryland, on June 19, 2017. The SelectUSA Investment Summit brings together companies from all over the world, economic development organizations from every corner of the nation and other parties working to facilitate foreign direct investment (FDI) in …

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Peloton co-founders John Foley and Hisao Kushi are leaving the company

John Foley, co-founder and former chief executive officer of Peloton. Michael Nagle | Bloomberg | Getty Images Peloton on Monday announced the resignations of two of the company’s founders and another top executive, marking the end of an era for the struggling fitness-equipment company as CEO Barry McCarthy dramatically reshapes …

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How to financially plan for a disabled loved one’s future care

Daniel Trush was just 12 years old when a brain aneurysm rupture changed the course of his entire life. “I went into a coma, and I was in a coma for 30 days — and I was in the hospital and rehab for a total of 341 days,” said Daniel, …

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Gun law advocates hail credit card code as way to cut down suspicious sales

Fire arms are seen at the Bobâs Little Sport Gun Shop in the town of Glassboro, New Jersey, United States on May 26, 2022.  Tayfun Coskun | Anadolu Agency | Getty Images Gun law advocates are praising a decision to adopt a new sales code for transactions at gun stores, a …

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