Morning News: November 9, 2022

China Producer Prices Turn Negative in Warning Sign for Global Economy

China’s Great ‘Zero-Covid’ Guessing Game

Entrepreneur Caught in the Middle of U.S.-China Chip War

Europe Doubles Down on Big Government

Euro Area’s Inflation Shock Weighs Most on Poorest Households

Iran Calls for Deeper Energy, Trade Ties with Russia

Kerry’s Climate Credit Plan Risks Payouts for Carbon-Cutting Mirage

Some Investors Bet Fed Could Lift Rates to Two-Decade High

US Mortgage Rates Rise to 7.14%, Near Highest Level Since 2001

Crypto World Is Rocked as World’s Largest Exchange Rescues Rival

Sam Bankman-Fried’s ‘Emperor’ Aura Makes Downfall a Crypto Stunner

Wells Fargo Embroiled in Yet Another Scandal

Meta to Cut Over 11,000 Jobs; Zuckerberg Says ‘I Got This Wrong’

The Advertising Industry Is Bringing Elon Musk to His Knees

Elon Musk Sells Almost $4 Billion of Tesla Stock After Twitter Takeover

Adidas’ Break-Up with Kanye West Has Halved Its Earnings Forecast for 2022

Disney+ Adds 12 Million Subscribers, but Cites ‘Peak Losses’

AMC Stock Falls After Net Loss Widens. The Meme Trade Needed a Bigger Win.

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Posted by on November 9th, 2022 at 7:05 am


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