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Just 8% of Americans have a positive view of cryptocurrencies now, CNBC survey finds
The survey shows 43% of the public with a negative view of cryptocurrencies, up from 25% in March.
Justice Department tells bankers to confess their misdeeds to cut better enforcement deals
Banks, at the nexus of trillions of dollars of flows around the world daily, have a lengthy track record of legal and regulatory failures.
Stocks making the biggest moves premarket: Ciena, GameStop, Rent The Runway and others
These are the stocks posting the largest moves before the bell.
Wealthy Chinese keep on spending while others cut back, survey finds
More than a quarter of people with an annual household income above $49,286, said they increased spending this year, a McKinsey survey found.
Stocks making the biggest moves midday: Carvana, MongoDB, TripAdvisor, Toll Brothers and more
These are the stocks posting the largest moves in midday trading.
‘There is a slowdown happening’ – Wells Fargo, BofA CEOs point to cooling consumer amid Fed hikes
The bank leaders are providing evidence that the Fed’s campaign to subdue inflation by raising borrowing costs is beginning to impact consumer behavior.
GameStop reports decline in revenue and sharp decrease in cash
GameStop posted a decline in revenue, but its net loss narrowed from a year ago.
Rent the Runway shares surge after fashion rental company reports stronger quarterly sales
The fashion rental company reported stronger revenue that beat expectations as customers opted to borrow designer clothes instead of buying them.
Russia’s Gazprom says increased supply to China in December at China’s request
<p style=““ class=“text-align-justify“>If they can’t bring it to the rest of the world, there’s always China. Especially now as Xi has relented on the zero-Covid policy, re-opening demand is something to watch out for and that is going to be a welcome development for Russia and Putin.</p>
This article was written by Justin Low at www.forexlive.com.