Fanatics Slashes Stake in Novogratz-Backed NFT Firm
Fanatics Inc. has sold most of its stake in the digital-collectibles company Candy Digital amid turbulent times for nonfungible tokens.
Bloomberg Business
‘Avatar 2’ Beats ‘Top Gun’ Sequel With $1.5 Billion in Global Sales
(Bloomberg) — Ticket sales for Walt Disney Co.’s Avatar: The Way of Water have reached the $1.52 billion mark, making it the highest-grossing film released in 2022.
Here’s Where UK Pay Jumped an Inflation-Beating 35% in 2022
Wages jumped by as much as 35% in one British region last year, beating the national average by more than seven times and sharply contrasting the City of London where hourly rates declined, according to an analysis of Office for National Statistics data.
JPMorgan’s Smash-Hit ‘Income’ ETF Seen Battling Off Bond Market
One of the biggest hits in the $6.6 trillion exchange-traded fund industry last year has a worthy opponent in 2023: the bond market.
US Mortgage Rates Climb for Second Straight Week, Hitting 6.48%
Mortgage rates in the US rose for a second straight week.
Danske Bank Forfeits $2 Billion After Pleading Guilty to Fraud
An agreement by Danske Bank A/S to pay $2 billion to end a long-running US probe into money laundering through its Estonia branch was approved by a judge, resolving criminal liability for the bank’s worst scandal in recent history.
Biden to Award Capitol Police Medals on Jan. 6 Anniversary
President Joe Biden will award the Presidential Citizens Medal to Capitol Police and Metropolitan Police officers who defended the US Capitol during the Jan. 6 insurrection in a White House ceremony to be held Friday.
Trump’s Troubles Mount as Special Counsel Gets New 2020 Evidence
The special counsel investigating Donald Trump has new emails, letters and other documents from election officials in battleground states, as the federal probe accelerates into whether the former president should face criminal charges for efforts to overturn the 2020 election.
Breaking Down McCarthy’s Last-Gasp Math to Win the Speakership
Republican Kevin McCarthy and his allies are getting creative — and desperate — in assembling the coalition he needs to win the speakership in the face of opposition from conservative hardliners.
Record Europe Bond Sales Risk Shaking Up Markets
European bond traders face greater volatility in early 2023 as governments look set to sell record volumes of debt to a market no longer propped up by central bank purchases.
