5 things to know before the stock market opens on Friday, December 2nd

A GE AC4400CW diesel-electric locomotive is seen in the livery of Union Pacific, ahead of a potential strike if there is no agreement with the railroad unions, as a Metrolink passenger train (right) arrives at Union Station in Los Angeles, Calif., Sept. 15, 2022. Bing Guan | Reuters Here are the top stories investors need … Read more

Russian oil sanctions are about to begin. And it can disrupt markets dramatically

European oil sanctions are set to kick in on December 5th. The idea is to reduce Russia’s oil revenues in light of its war in Ukraine. Andrei Rudakov | bloomberg | Getty Images Analysts have warned that the upcoming sanctions on Russian oil will be “really devastating” to energy markets if European countries fail to … Read more

The House votes to avert the rail strike and force a deal on the unions

WASHINGTON (AP) — The US House of Representatives moved urgently to avert a looming nationwide rail strike on Wednesday, passing a bill that would bind businesses and workers to a proposed settlement reached in September but rejected by some of the 12 unions involved. . The measure passed by a vote of 290-137 and is … Read more

Alameda’s first employees quit after battling Sam Bankman-Fried over risks and compliance concerns

Years before Sam Bankman-Fried’s The crypto empire collapseda group of employees quit in a power struggle – after becoming concerned about what they say is his cavalier approach to risk, compliance and accountability. The staff worked for his business company, Alameda Research, and were among his first colleagues, including Alameda co-founder Tara McAwley. They left … Read more

Factory activity data in China missed expectations. Asia Pacific markets are mixed

Bilibili Pop shares in the Asia morning session Hong Kong shares listed Bilibili It figured up 12.7% in Sabah Asia after the company It beat revenue estimates for the third quarter of the year. Net revenue was 5.79 billion yuan ($809.8 million), up 11% from the same period in 2021. Refinitiv Eikon estimated revenue would … Read more

No more dinner and a movie. Cheap daters want less.

The search for love has always been emotionally draining. Now, this will also drain your bank account more than it used to. This is why many historians are increasingly stepping back and embracing austerity. It’s a necessity for some, with restaurant meals up 17% and alcoholic drinks away from home 12% since before the pandemic, … Read more

Cyber ​​Monday deals lure consumers amid rising inflation

NEW YORK (AP) — Days after they flooded stores on Black Friday, consumers are taking to the internet for Cyber ​​Monday to get more discounts on gifts and other items whose prices have been inflated by soaring inflation. Cyber ​​Monday is expected to remain the biggest online shopping day of the year and generate $11.6 … Read more

House Republican inflation plan – Kevin McCarthy’s caucus focuses on Hunter Biden

When can we expect to see the House Republican inflation plan? she was The first problem we’ve heard about Throughout the 2022 campaign, and justifiably so: The rising cost of living is a major problem for most Americans, particularly the broader middle class, whose wages haven’t kept up. Republicans ran on the proposition that the … Read more

The problem of determining the ceiling of oil and gas prices

This week saw two documents published by two government departments: the European Commission in Brussels and the Treasury Department in Washington. Commission document It was a proposal for a “new tool” aimed at curbing excessive gas prices in Europe. Cabinet document It was a directive on implementing the policy of maximum price for crude oil … Read more