Shooting is unlikely to resume on Thursday

Bitcoin and other cryptocurrencies are in free fall. Dan Kitwood | Getty Images Controversial cryptocurrency exchange CoinFlex likely won’t be able to withdraw customers’ funds on Thursday as originally planned, CEO Mark Lamb said on Wednesday. “We’re going to need more time. And it’s unlikely that recordings will be re-enabled tomorrow,” Lamb told CNBC. However, … Read more

NC Budget Proposal Puts Money To Tackle Inflation ::

By Bryan Anderson, WRAL state government reporter, and WRAL headquarters chief Laura Leslie Raleigh, North Carolina — A significant portion of North Carolina’s newly introduced budget goes toward tackling inflation. The budget is setting aside $1 billion in a new state inflationary reserve to brace for a potential recession and hundreds of millions of dollars … Read more

Orange Line’s regular service resumes after vandals’ strike on trains

Regular timetables on the MBTA Orange Line have resumed after several trains were damaged by vandals, according to transit officials. The vandals damaged the windows of those Orange Line trains and the matter is being investigated by the Transit Police Department. The MBTA warned Orange Line drivers that they may face extended wait times between … Read more

“It still shocks me when I look at my bill.” How financial advisors deal with the bear market.

When the stock market hits a speed bump, financial advisors regularly calm jittery customers and urge them to stay on track. But clients aren’t the only ones who see their portfolio sinking. Consultants also lose money. They follow the same investment principles they preach to clients – and share their plight in turbulent times (like … Read more

RH shares plummet after company lowers its outlook for the year

Jason Kempin | Getty Images Entertainment | Getty Images High-end furniture chain RH lowered its forecast for 2022 sales on Wednesday, anticipating consumer demand for its products will continue to decline in the second half of the year. The company now sees an annual sales decline of between 2% and 5%, compared to previous expectations … Read more

Stocks crash, but history shows this bear market could recover faster than others

topline Stocks have struggled to gain direction since slipping into a bear market earlier this month amid looming recession fears, but history shows that the rapid pace of the market’s decline this year could actually be a positive sign – with stocks recovering. recover if the broader economy avoids a downturn. The current bear market … Read more

How do you raise money in a bear market?

A few weeks ago, Wonny Lee started seeding for his Korea-inspired e-commerce fragrance brand, Elorea, which he co-founded with his wife Su min Park in 2021. A veteran of the direct-to-consumer space — he was the head of marketing at sneaker brand Greats, which sold to Steve Madden in 2019 — Lee expected the process … Read more

Businesses are slashing spending, jobs as outlook becomes less certain

June 29 (Reuters) – Executives of Tesla, drugmaker Novartis and retailer Bed Bath and Beyond are slashing spending or jobs as others suspend projects or deals as inflation rages and confidence in the global economy wanes. Industry growth is slowing globally as China’s COVID-19 restrictions and Russia’s invasion of Ukraine disrupt supply chains and keep … Read more