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Binance Sees $2 Billion in Outflows as Troubles Compound
Finances

Binance Sees $2 Billion in Outflows as Troubles Compound

In a tumultuous few days, the crypto giant raised fees, suffered software issues and faced a regulator lawsuit. Source link

Facebook Parent Plans Lower Bonus Payouts for Some Staff
Business

Facebook Parent Plans Lower Bonus Payouts for Some Staff

Meta Platforms plans to adjust its performance review process, saying it is ‘optimizing’ for the year ahead. Source link

Freeport-McMoRan (FCX) Declares $0.08 Dividend
Stock Market

Monday Sector Leaders: Publishing, Oil & Gas Refining & Marketing Stocks

In trading on Monday, publishing shares were relative leaders, up on the day by about 3.2%. Leading the group were shares of Cimpress, up about

Drug Middlemen Accused of Price Fixing by Ohio Attorney General
Business

Drug Middlemen Accused of Price Fixing by Ohio Attorney General

The state’s lawsuit alleged certain pharmacy-benefit managers shared drug pricing and other information to gain leverage during rebate negotiations with pharmaceutical companies. Source link

America’s Housing Markets: Home Prices Fall in the West and Rise in the East
Business

America’s Housing Markets: Home Prices Fall in the West and Rise in the East

In an unusual pattern, the 12 major housing markets west of Texas, plus Austin, saw home prices fall in January, while the opposite happened in

U.S. Ad Spending Still Expected to Grow in 2023 Despite ‘Stressful Economic Signals’
Business

U.S. Ad Spending Still Expected to Grow in 2023 Despite ‘Stressful Economic Signals’

CMO Today Media owners’ U.S. ad revenues are expected to increase 3.4% to $326 billion this year, according to a new forecast from Magna Source

Telehealth Apps Sharing Consumer Data Draw FTC Crackdown
Business

Telehealth Apps Sharing Consumer Data Draw FTC Crackdown

Tech BetterHelp barred under proposed settlement from supplying health data for ads Source link

Social Media Platforms Are Asking Users for Money. They Probably Don’t Mean You.
Finances

Social Media Platforms Are Asking Users for Money. They Probably Don’t Mean You.

Social-media companies are finally asking users to pay up. It isn’t personal—it’s strictly business.  As of last month, the option to pay for Facebook’s new

Welcome to the Superprime Banking Crisis
Finances

Welcome to the Superprime Banking Crisis

Rising interest rates have exposed the problem with building a strategy around serving wealthy clients. Source link