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Monthly Archives: December 2022

Investors bolting from after Fed speech are too hasty, Jim Cramer says

CNBC’s Jim Cramer on Wednesday said that investors exiting the market after Federal Reserve Chair Jerome Powell’s hawkish speech on Wednesday are acting too rashly. “I have no doubt there will be more people bolting from stocks tomorrow morning, believing they’ve been given a tremendous opportunity to get out well …

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The secret to asking for a raise and getting it

A successful salary negotiation starts months before you ask your boss for a raise.  If you want to land a higher salary, you need to start talking to your manager about how you can improve your performance and exceed the expectations of your role, rather than just meeting them, three …

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Tech grojup NetChoice sues to block California kids online safety law

Governor Gavin Newsom speaks to the media at a mobile testing site at Paramount Park in Paramount, CA Wednesday, January 12, 2022. David Crane | Los Angeles Times | Getty Images NetChoice, a tech industry group that includes Amazon, Google, Meta, TikTok and Twitter, announced Wednesday that it’s suing California …

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BQ, XBB omicron subvariants pose serious threat to boosters

Evusheld injection, a new COVID treatment that people can take before becoming symptomatic, in Chicago on Friday, Feb. 4, 2022. Chris Sweda | Tribune News Service | Getty Images The omicron subvariants that have become dominant in recent months present a serious threat to the effectiveness of the new boosters, …

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Fusion power won’t be widespread for at least a decade

The nuclear fusion breakthrough heralded on Tuesday was a historic event, culminating decades of research. At the same time, fusion power will not be contributing electricity to any power grid for at least a decade, according to most industry watchers. To get there, there will have to be many more …

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There’s still time to enroll in a 2023 marketplace health plan

If you don’t have health insurance lined up for next year, there’s still time to get private coverage through the public marketplace. The deadline is Dec. 15 — Thursday — to sign up on Healthcare.gov for a health plan to take effect Jan. 1. Otherwise, you have until Jan. 15 …

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Why Europe’s efforts to open up the iPhone won’t hurt Apple too much

When reporters or analysts ask Apple CEO Tim Cook about a thorny, controversial overseas issue facing the iPhone maker, he often says that Apple follows the law in every country where it operates. Now, Apple is reportedly working to follow a law that could force major changes to the iPhone …

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Here’s what the Federal Reserve’s half-point rate hike means for you

The Federal Reserve raised its target federal funds rate by 0.5 percentage points at the end of its two-day meeting Wednesday in a continued effort to cool inflation. Although this marks a more typical hike compared to the super-size 0.75 percentage point moves at each of the last four meetings, the …

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Fed raises interest rates half a point

The Federal Reserve on Wednesday raised its benchmark interest rate to the highest level in 15 years, indicating that the fight against inflation is not over yet despite some promising signs lately. Keeping with expectations, the rate-setting Federal Open Market Committee voted to boost the overnight borrowing rate half a …

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FTX’s new CEO John J. Ray making $1,300 an hour

John J. Ray, chief executive officer of FTX Cryptocurrency Derivatives Exchange, arrives to a House Financial Services Committee hearing investigating the collapse of FTX in Washington, DC, on Tuesday, Dec. 13, 2022. Al Drago | Bloomberg | Getty Images FTX CEO John J. Ray is leaning on a team that …

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