[ad_1] London CNN — Every year, business leaders, billionaires and politicians gather in Davos, Switzerland under the banner of forging ties that can help solve global problems. It’s a glitzy exercise often criticized as out of touch. It also looks increasingly out of date as the biggest war in Europe …
Read More »Opinion: Miami is one step closer to the implosion of its crypto dreams
[ad_1] Editor’s Note: Jake Cline is a writer and editor in Miami whose work has appeared in The Washington Post, The Atlantic and other national outlets. He was a member of the team that won the 2019 Pulitzer Prize in Public Service for the South Florida Sun Sentinel’s coverage of …
Read More »Bank earnings fail to impress investors as recession worries rise
[ad_1] New York CNN — JPMorgan Chase, Bank of America, Citigroup and asset management giant BlackRock posted results that topped Wall Street’s forecasts Friday, but investors were nonetheless a little disappointed at first. Trading was choppy, with most bank stocks falling at the open before rebounding. Shares of JPMorgan Chase …
Read More »Treasury secretary warns ‘extraordinary measures’ needed to keep US from defaulting on debt as soon as next week
[ad_1] CNN — The Treasury Department said Friday the US will reach the debt limit on January 19 and “extraordinary measures” will need to be taken, setting up one of the first major battles on Capitol Hill after Republicans took control of the House. The debt limit is the maximum …
Read More »Biden’s whirlwind final days as vice president had aides scrambling to close his White House office
[ad_1] Washington CNN — The early days of 2017 were a whirlwind for Vice President Joe Biden: swearing in a new Congress, a surprise Medal of Freedom, a speech at Davos and one final trip to Ukraine. Partly to wrap up his policy portfolios, partly to tout his accomplishments, and …
Read More »NYC mayor cites slower economic growth spurred by high office vacancy, cost of migrant crisis and health care, in budget address
[ad_1] CNN — New York City Mayor Eric Adams unveiled the state of the city’s economic outlook as part of a $102.7 billion budget proposal for 2024 on Thursday, highlighting slow economic growth despite spikes in tourism and jobs. Adams touted investments that will be made into public safety and …
Read More »What to expect at work this year
[ad_1] New York CNN — The pandemic has transformed work over the past three years in ways few expected. It normalized remote work, created a shortage of critical workers and drove home to organizations that employees’ mental health and need for a sane work-life balance are critical to retention and …
Read More »The US government is still trying to find ways to regulate Big Tech. He has some ideas
[ad_1] CNN — After years of hearings, reports and stalled proposals, Congress ended 2022 without taking major steps to regulate Big Tech. But a few blocks away in Washington, Jonathan Kanter is just getting warmed up. While the Justice Department’s top antitrust official has yet to file fresh lawsuits against …
Read More »Lovie Smith said the NFL had ‘a problem’ about Black coaches. A year later he was fired and the league is being criticized yet again about its lack of diversity
[ad_1] CNN — When Lovie Smith was hired by the Houston Texans in February 2022 as the team’s new head coach, he said the NFL had “a problem” with hiring Black coaches and diversity. “I realize the amount of Black head coaches there are in the National Football League,” Smith …
Read More »Wells Fargo is retreating from the mortgage market it once led
[ad_1] New York CNN — Wells Fargo, long one of the biggest players in the mortgage business, is taking a big step back. The scandal-ridden bank announced a significant shift on Tuesday to focus its mortgage business on serving bank customers and minority homebuyers instead of acquiring new customers. Wells …
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