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Higher Rates Mean ‘Bonds Are Back,’ JPMorgan’s Michele Says
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FTX will sell or restructure global empire, CEO says
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FTX’s new CEO said on Saturday that the bankrupt crypto exchange is looking to sell or restructure its global empire.

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Supreme Court leaked landmark case years before Roe was overturned, ex-abortion activist says in new report
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A former anti-abortion leader claims he was told the outcome of a 2014 case weeks before it was announced publicly, according to a report from The New York Times.

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Ukraine says half its energy system crippled by Russian attacks, Kyiv could 'shutdown'
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U.S. shoppers to spend less this holiday season, but Amazon still stands to gain, Goldman Sachs says
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Club holding Amazon (AMZN), a leading retailer for holiday sales and promotions, should be a top destination for American bargain-hunters this holiday season.

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Upset Taylor Swift says she was told Ticketmaster could handle demand
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North Korea's Kim says launch of new ICBM, calls for more strategic weapons -KCNA
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Trump's ex-CFO says he received a raise after company was aware of tax scheme
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Pfizer says omicron booster is better against new subvariants like BQ.1.1 than old shots
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Pfizer said the booster triggered more antibodies against omicron BQ.1.1, BA.4.6, BA.2.75.2 and XBB.1 in adults older than 55 compared to the original vaccines.

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Alibaba Gets a Price Target Cut After Strong Earnings. Economy Will Take a Toll, Analyst Says.
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Jim Cramer says ‘exhausted’ sellers are behind the market’s strength
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Stocks closed down on Thursday but managed to rebound from their lows.

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AT&T exec says ‘it’s only a matter of time’ before people ‘really’ feel inflation
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Visa says Ryan McInerney will replace Al Kelly as its next CEO
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Ryan McInerney was named the next chief executive of Visa, replacing Alfred Kelly.

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Amazon CEO Andy Jassy says layoffs will continue into next year
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Amazon will continue to lay off employees in the coming year, CEO Andy Jassy wrote in a memo to workers on Thursday.

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COVID pandemic led to surge in superbug infections, EU agency says
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UK finance minister announces tax hikes and spending cuts, says country is in recession
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The U.K. government on Thursday unveiled a sweeping fiscal plan aimed at plugging a gaping hole the public finances and restoring Britain’s economic credibility.

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Fed's Bullard says rate hikes have had 'only limited effects' on inflation so far
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Bullard said Thursday the central bank still has a lot of work to do before it brings inflation under control.

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Macy's raises earnings forecast, says it has fresh inventory for the holidays
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Macy’s raised its earnings forecast for the year after the department store operator said its inventory is well positioned for the holiday shopping season.

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Blackstone CEO and GOP megadonor Steve Schwarzman says he won't help Trump during 2024 primary
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Blackstone CEO Steve Schwarzman said he won’t help Donald Trump during the 2024 primary for president.

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U.S. Centcom says Iranian-made drone hit Pacific Zircon tanker off Oman
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Macron says Australia submarine deal was not about confronting China
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Jim Cramer says the Fed should consider retail earnings over economic data for its inflation strategy
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Stocks slumped on Wednesday after Target reported a sales decline.

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Pentagon says Moscow's deliberate targeting of Ukrainian energy grids is a war crime
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NATO Secretary-General Jens Stoltenberg said there was no indication the missile that struck the Polish border village was deliberate.

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AMD: Time to Release the Bulls, Says Analyst
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