Balloon Controversy Threatens to Deepen China Stock Losses

(Bloomberg) — Chinese stocks extended losses as tension with the US over a suspected spy balloon triggered fears of economic retaliation by the Biden administration. Most Read from Bloomberg READ: US Moves to Recover Chinese Balloon While Weighing Retaliation The Hang Seng China Enterprises Index, which tracks Chinese stocks trading in Hong Kong, slumped as … Read more

Spotify earnings: Subscribers jump but losses widen amid podcast investments

() reported fourth quarter financial results before the bell on Tuesday, presenting a mixed picture with a wider-than-expected loss and a beat on gross margins. Total monthly active users topped expectations, coming in at 489 million against forecasts for 478 million with both premium and ad-supported subscribers surging past estimates. Spotify stock, which lost more … Read more

Spotify earnings: Subscribers jump but losses widen amid podcast investments

() reported fourth quarter financial results before the bell on Tuesday, presenting a mixed picture with a wider-than-expected loss and a beat on gross margins. Total monthly active users topped expectations, coming in at 489 million against forecasts for 478 million with both premium and ad-supported subscribers surging past estimates. Spotify stock, which lost more … Read more

Fantasy Football Six-Pack: Some futures look bright, others unclear after divisional-round losses

Another week, another collection of eliminated playoff squads. Let’s take an under-the-hood look at each team that left the stage in the divisional round… 51.6 — Gabe Davis caught only 51.6 percent of his targets in the regular season (48 of 93), the lowest rate of any wide receiver who saw at least 50 opportunities. … Read more

Fake text messages on the rise, but experts warn Australians most losses are from more sophisticated scams

Financial scams have become more sophisticated and easier to perpetrate, ballooning into a billion-dollar industry in Australia, experts have warned. Last year more than 239,000 scams worth $570m were reported to Scamwatch, but the organisation says the real number is much higher, as only about 13% of scams are reported. Investment scams remain the number … Read more

Lisa Marie Presley’s net worth: Losses, lawsuits and Graceland

Lisa Marie Presley, the only child of Elvis and Priscilla Presley who at age 54, leaves behind a rock-and-roll legacy — including a rocky financial path filled with losses and lawsuits over money. Presley, a singer-songwriter like her father, wasn’t rich enough to make the Forbes list of highest-paid entertainers, while some celebrity websites even … Read more

JP Morgan’s chief U.S. economist warns of job losses and higher unemployment ahead: ‘We are expecting the economy to sli

The Federal Reserve’s ongoing attempts to stuff the inflation genie back in its bottle will slowly trickle down into the jobs market and trigger a recession before the year is out, warns J.P. Morgan. The Wall Street bank’s chief U.S. economist Michael Feroli expects the Fed is prepared to stifle growth and destroy demand in … Read more

Citymapper losses widen to £7.4m as travel app struggles to cash in on popularity

Citymapper’s losses have widened to £7.4m as the travel app struggles to turn its popularity into revenue growth. The London travel start-up, which , reported revenues of £5.1m in the year ending in December 2021, down from £5.4m the previous year. The company went further into the red during the year as losses increased to … Read more

Ranking value of Bulls’ trade assets as bad losses continue

This content is not available due to your privacy preferences. originally appeared on In 2007, the entered the season with high expectations. The franchise was coming off a 49-win campaign and, after drafting Joakim Noah, largely opted for continuity, signing veteran forward Joe Smith in free agency. By season’s end, they had flamed out. They … Read more

Traders Are Losing Hope in Stock Market After Year of Rolling Losses, Fakeouts

(Bloomberg) — For all the ink spilled over its horrors, the 2022 stock market will go into the books as an undistinguished one in the history of bad years. For traders who lived through it, though, certain things have made it feel worse than top-line alone numbers justify, a potential impediment to a quick recovery. … Read more