• Sun. Sep 25th, 2022

Instacart cuts staff, curbs hiring before IPO

© Reuters. FILE PHOTO: Smartphone with displayed Instacart logo is seen in this illustration taken March 25, 2022. REUTERS/Dado Ruvic/Illustration/File Photo (Reuters) – Grocery delivery app Instacart Inc has been…

Global Economy Headed Into Recession

Feverpitched The global economic outlook is deteriorating due to inflation-fighting efforts by central banks, the war between Russia and Ukraine, and China’s prioritization of political control over economic growth. A…

Kwarteng’s ideological approach will leave the Treasury with ‘no money’

The writer was a Liberal Democrat minister in the 2010-2015 coalition government. Those who expected Liz Truss’ government to be “continuity Boris” will by now have recognised their mistake. The…

BOE delivers 50bp hike, sterling steady

As expected, the Bank of England hiked interest rates by 0.50%, bringing the cash rate to 2.25%. There was an outside chance that the BoE would press the rate pedal…

Market Responds Bearish to the FOMC | Moxie Indicator Minutes

On this week’s edition of Moxie Indicator Minutes, TG shares that the FOMC was wild as expected, and, with another 75 BPS rate raise, the market responded in a bearish…