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“Why did they delay their response? I think in retrospect, yes, it was a mistake."
"The obvious precedent is FDIC insurance (up to 0,000 per person)," Vitalik Buterin tweeted, adding that he “strongly supports” helping the “average UST smallholder."
The Dow Jones index finished last week with a modest loss, even after a late-week rally in Friday’s session. It marked the seventh week in a row that the Dow posted a weekly loss, it’s longest such streak in two decades. That capped a brutal season of market losses, all across the board. The S&P 500 is down 16% this year, and the NASDAQ, with a year-to-date loss of 25%, is into bear market territory. Investors have been giving conflicting sets of reactions to the market’s fall. Coming at it from
Many managers leading the company’s roughly 4,700 U.S. stores have been in their roles for at least a decade, and Walmart executives say they need to find a new generation to replace them.
Investors are facing a confusing environment, with long- and short-term signals sending different messages. Inflation remains stubbornly high, above an 8% annualized rate, and the Federal Reserve has made it clear that additional interest rate hikes are in the offing. Stocks are well off their highs, and despite last Friday's gains, the S&P 500 and the Nasdaq posted their sixth consecutive weekly loss. But there are positives, too. The 1Q22 earnings season gave an upbeat vibe, as more than three
The Redmond-based software maker is increasing performance pay and annual stock award ranges, CEO Satya Nadella said in a memo to employees. The move comes as Microsoft faces intense competition for talent, including from rival Amazon.
As companies flee Russia after its invasion of Ukraine, tens of thousands of their Russian employees are feeding a growing jobs crisis in the country.
The rout in the financial markets raises questions about the ability of upstart companies to raise funds.
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