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Monthly Archives: December 2022

No signs of crypto spilling over into traditional assets – yet, analyst says

The collapse of FTX has sent shockwaves through the cryptocurrency industry. The price of bitcoin and other major digital coins have fallen sharply as problems at FTX emerged. Jakub Porzycki | Nurphoto | Getty Images There are “no signs of spillover” from cryptocurrency into more traditional assets, according to an …

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Couple makes money reselling returned Amazon, Walmart, Target items

In December 2020, Jamie and Sarah McCauley stumbled into their strangest side hustle yet: Buying pallets of items people returned to Target, Walmart and Amazon. The pair — who also flip furniture and renovate and rent out properties in West Michigan — first saw a distributor selling the boxed collections …

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How this millennial CEO steered Serum Institute of India during Covid

Adar Poonawalla became the CEO of the world’s largest vaccine manufacturer, Serum Institute of India, when he was 30 years old. | Bloomberg | Getty Images Adar Poonawalla became the CEO of the world’s largest vaccine manufacturer, Serum Institute of India, when he was 30 years old. But that was …

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How to get free at-home Covid tests

You can now get four more free Covid-19 at-home test kits delivered to your door, the Biden administration announced Thursday. As part of a plan to “stay ahead of an increase in Covid-19 cases this winter,” the White House announced in a press briefing that it revived the free test …

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Millions get student debt forgiveness email with error

President Joe Biden’s student debt forgiveness plan is still on hold for everyone. But at least 9 million borrowers may have further confusion about their debt forgiveness.  In November, the Department of Education began informing borrowers that their applications for student loan forgiveness had been processed or approved. But 9 …

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Harvard University names Claudine Gay as first person of color president

History has been made at Harvard University, as Claudine Gay becomes the first person of color — and second woman — to be named president of the school. The university reports that for the last 16 years, Gay, 52, has taught government and African and African American Studies. Since August …

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You can pick up some shares of IBM on Friday

Oshkosh Corp: “I think it’s a slow grower. Could be real interesting, though.” Incyte Corp: “Very, very fine drug company. I’ve always liked it.” Jim Cramer’s Guide to Investing Click here to download Jim Cramer’s Guide to Investing at no cost to help you build long-term wealth and invest smarter.

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Roblox stock sinks after November update shows slowing growth

A man photographs a Roblox banner displayed, to celebrate the company’s IPO, on the front facade of the New York Stock Exchange (NYSE) in New York, March 10, 2021. Brendan McDermid | Reuters Shares of Roblox closed down 15.7% on Thursday after the gaming company released a November business update …

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Jim Cramer recommends these 5 health care stocks in 2023

CNBC’s Jim Cramer on Thursday presented investors with a roster of health care stocks that should be on their shopping lists for next year. “Wall Street likes profitable companies with consistent results, nice dividends and reasonably valued stocks,” he said, adding, “The biggest [health care] winners were boring, consistent operators …

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China’s sudden ‘reopening’ reveals new economic challenges

People line up outside a fever clinic in Beijing on Dec. 14, 2022, just days after the country relaxed its Covid controls amid below-freezing weather in the capital city. Yuxuan Zhang | Afp | Getty Images BEIJING — Mainland China’s swift rollback of many Covid-related restrictions has been unexpectedly sudden, …

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