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The Latest Breaking News from SP

Billionaire Gautam Adani Loses $60 Billion

The Indian tycoon drops out of the top end of the powerful club of the world's biggest fortunes.

The Street

UP: Young MLA Rahul Prakash Kol Passes Away In Mumbai During Treatment

Rahul Prakash Kol from Chhanbey assembly seat of Mirzapur passed away on Thursday. Apna Dal(S) MLA Rahul was undergoing treatment at the Tata Memorial Cancer Hospital in Mumbai. Read further on Dynamite News:

Dynamite News

Jerry Jones says he won’t replace Mike McCarthy, but Twitter doesn’t believe it

Cowboys owner Jerry Jones has said Mike McCarthy's job is safe, but Twitter still thinks Sean Payton will land in Dallas.

USA Today Sports Media Group

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read the most diverse news in one place.

Home builders and Chinese tech: Can these beaten-down stocks beat the S&P 500 in 2023?

With the benchmark S&P 500 stock index down 18% and the major U.S. bond indexes down 13% for 2022 — a rare double-slam against the plainest of investments — January is a good time for investor self-recriminations about what we might have done differently, if we'd only seen this coming.

The Philadelphia Inquirer

‘Baahubali’, braggart, all-round bigwig: Why WFI chief Brij Bhushan Singh thinks he’s above the law

In the ongoing protest by women wrestlers, one name has consistently popped up as being responsible – Brij Bhushan Sharan Singh, 66, the president of the Wrestling Federation of India.

Newslaundry

Dow Jones Closes Lower As Financial Stocks Get Hit; Nasdaq Ekes Out Slight Gain As Techs, Tesla Shine

The stock market closed mostly lower Tuesday as Goldman Sachs reported weak earnings. Tesla and technology stocks gained.

Investors Business Daily

Wall Street’s top strategist warns investors to brace themselves for stocks to plummet more than 20%

He said many investors were insufficiently prepared for what’s around the corner.

Fortune

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After party media cell’s ‘dalal journalists’ tweets, SP leader arrested by UP police

The Uttar Pradesh police yesterday arrested Manish Jagan Agrawal, a Samajwadi Party leader, following a complaint filed by Richa Rajput, head of social media for the Bharatiya Janata Yuva Morcha – the BJP’s youth wing. Agrawal is alleged to be the person behind “offensive” tweets posted by his party’s media…

Newslaundry

Tiptoeing Into 2023 Stock Market...

Hey y'all! Happy 2023! I hope everyone is ready to ring in the new year with happiness and positivity. Unfortunately, there's a chance the stock market (SPY) is planning to do the exact opposite. Let me walk you through what I'm seeing.

StockNews.com

Driving through water reforms in new special purpose vehicles

We continue our 12 questions about Three Waters. Could the infrastructure be routinely placed in new 'special purpose vehicles' like those being used to finance housing at Orewa and roading in Tauranga?

Newsroom.co.nz

Motormouth: Not a fan of loud engine fan

Q: My 2008 BMW 328 with the six-cylinder engine and 82,000 miles runs beautifully. But once the temperature gauge reaches 180 degrees Fahrenheit, the electric cooling fan comes on full and stays on, even given the cooler fall weather. Pulling into the garage, the whooshing howl of the fan is…

Tribune News Service

OBCs Being Treated In Step-Motherly Manner By BJP Govt: Akhilesh Yadav

Samajwadi Party president Akhilesh Yadav on Thursday accused the BJP government in Uttar Pradesh on treating backward community in a step-motherly manner and demanded that it should call a session of the Legislature for a debate on reservation to OBCs in urban local body polls. Read on for details:

Dynamite News

On the 4th day of Christmas, what's so special about four big water corporations?

We continue our 12 questions about Three Waters. Some mayors want councils to consolidate their water networks only as they see fit, contracting a dozen or more regional water companies to deliver services – but does the financing work?

Newsroom.co.nz

1 Energy Stock to Buy in 2023 and 1 to Liquidate

Despite market volatility, the energy sector has outperformed this year. Moreover, factors like the price cap on Russian crude and China’s reopening are expected to boost the energy market. Hence, the quality energy stock Berry Corporation (BRY) could be a solid buy. However, it might be best to liquidate fundamentally…

StockNews.com

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news in one place.

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Investors Business Daily

Stock Market Trades Mixed On Lower Home Prices, Wicked Storms; China Reopens; Tesla Crushed

Stocks dip slightly on lower home prices. China retail stocks gain as the country reopens its borders.

Newsroom.co.nz

Three Waters' magical kete with room to borrow more and more

On the third day of Christmas, we continue our 12 questions about Three Waters. Compared to existing council debt caps, how can Government reforms give both the water corporations and the councils increased headroom to borrow?

Newsroom.co.nz

Paying for Three Waters: the local pūkeko v the imported partridge

Should NZ rely on its own water infrastructure model? Should we give future generations a local pūkeko or an imported partridge? Credit agencies are watching like hawks.

Investors Business Daily

Tech-Heavy Nasdaq Down 3.7% As Investors Hit The Exits On Jobless Claims, Strong GDP

The stock market fell Thursday despite a minor uptick in jobless claims. Meme stock AMC plunged on news that it will raise capital.

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news in one place.

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Investors Business Daily

Stock Market Feels Winter Chill; Disney No Longer Happiest Place On Earth; Musk Monday Madness

Disney weighed on the Dow Jones after Avatar 2 missed box office numbers.

Investors Business Daily

Stock Market Closes Near Day's Lows As S&P Falls Below Key Level On Recession Concerns

The stock market extended losses to a third day on low business activity and fears of a global recession. Facebook bucked the trend.

The Independent UK

Senate crypto hearing yields big claims, possible regulation

Whether increased regulation would have prevented the spectacular collapse of cryptocurrency exchange FTX was fiercely debated at a hearing of the Senate’s banking committee Wednesday

Investors Business Daily

Stock Market Rally, New Breakouts Fade At Midday As CPI Enthusiasm Wanes

The stock market's reaction to the inflation data was swift and decisive.

Reuters

S&P Global cuts Peru's outlook to negative on heightened political risk

Global ratings agency SP Global cut Peru's outlook to negative from stable, citing risks to the sovereign's credit worthiness from a political standstill and challenging relationship between the country's executive and legislative branches of government.

Fortune

A full-blown European energy crisis next year just became a lot more likely, as China’s reopening means that Europe’s ‘key safety valve’ for energy is gone, according to S&P

Weak energy demand from China has helped Europe survive an energy crisis, but a resurgent economy means the continent’s “key safety valve” is gone.

The Street

Benefits of an Active Tail Risk Allocation

Can a tail risk investment allow for better investment performance?

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