Morning News: May 12, 2023

How an Aging Armada and Mystery Traders Keep Russian Oil Afloat

‘Still a Long Way to Go’: UK Finance Minister Warns Inflation Remains Far Too High

Fed Official Signals Support for Further Rate Increases

Waller Says Fed Shouldn’t Let Climate Concerns Distract From Overall Stability Risks

The Debt Ceiling Dispute Raises the Risks for ‘Risk-Free’ U.S. Bonds

Yellen Says Only Good Outcome Is Congress Raising Debt Ceiling

Wall Street Loads Up on Doom Hedges as Countdown to X-Day Begins

Big US Banks to Pay Billions to Replenish Failure Fund

Jamie Dimon Says Enough Is Enough

Tales From the Crypto Winter

Ken Griffin’s Hand-Picked Math Prodigy Runs Market-Making Empire

Shipping Billionaires Race to Invest Pandemic-Era Fortunes

Fake Billionaire Hedge Fund Manager Ran Ponzi Scam, US Says

SoftBank Is Said to Pitch $10 Billion IPO of Chip Designer Arm

China Orders Tesla to Recall 1.1 Million Vehicles Over Braking Risks

Disney Stock Tumbles as Streaming Losses Spook Investors

Adidas Finally Decides What To Do With ‘Millions’ Of Kanye West’s Shoes After Cutting Ties With Rapper

Back-to-Office Battles Underscore a Change in Workplace Authority

How a Solo Gig Can Give You a Stronger Retirement

Persons You Should Tip and How Much

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Posted by on May 12th, 2023 at 7:05 am


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