AMC stock plunges after $110 million capital raise, 1-for-10 reverse split proposal

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Shares of AMC Entertainment Holdings Inc. AMC, -12.92% plunged 20.6% toward 22-month lows, after the movie theater operator announced a $110 million equity capital raise and said it was seeking a 1-for-10 reverse split of its common stock. The company’s board of directors was looking to hold a special meeting for holders of its common …

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EMERGING MARKETS-Mexican peso up on inflation data, Turkey lira higher

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* Mexico headline inflation rebounds in early Dec * Latam FX outshines global EM peers for the year * Turkey’s central bank holds interest rate By Shreyashi Sanyal Dec 22 (Reuters) – Mexico’s peso rose on Thursday as data showing a rebound in inflation eased bets of tighter Monetary policy ending anytime soon, while the …

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NYCHA Faces Financial Crisis as Nearly Half of Tenants Are Late on Rent Many Awaiting Missing Aid

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Nearly half of the city’s public housing households are now behind in their rent, owing $450 million in all — a huge pandemic-related problem caused in part by tenants waiting for rent reimbursement from the state that will likely never come. officials outlined a drastic fiscal situation Wednesday, one that will likely imperil NYCHA’s ability …

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5 Best Personal Finance Books You Must Read To Gain Financial Freedom | by Mofrad Muntasir

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“Money is a terrible master but an excellent servant.” —PT BarnumPhoto by Karolina Grabowska: https://www.pexels.com/photo/set-of-black-opened-envelope-and-cash-dollars-4386370/Managing personal finance is a mindset. And it often grows out of necessity. I never cared for financial management — until I had to deal with a mountain of student loans. That mountain put such a strain on my wallet that …

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Tesla is offering a $7,500 discount to customers who buy cars before the end of the year

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Tesla Inc. is offering US consumers $7,500 to take delivery of its two highest-volume models before year-end, adding to indications the carmaker is struggling with demand. The discount on new Model 3 sedans and Model Y sport utility vehicles is double what the company was offering earlier this month. It mirrors an anticipated change in …

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Global stocks fall as strong US data support further monetary tightening

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Global stocks fell on Thursday, reversing some of the previous day’s rally, after better than expected US economic data supported the Federal Reserve’s belief that further monetary tightening is required.The S&P 500 fell 1.3 per cent in early trade after US third-quarter GDP growth was revised higher to 3.2 per cent, from 2.9 per cent …

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Russia to guard against cannibalizing planes for parts, minister tells Vedomosti

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(Reuters) – Russia’s aviation sector will do everything it can to avoid the “total cannibalisation” of aircraft for spare parts, industry and trade minister Denis Manturov has told the Vedomosti business newspaper, as the impact of sanctions bites.”Everything is being done to prevent this (total cannibalisation) from happening. Much depends on how intensively the aircraft …

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The CFP Board’s Latest Report on Crypto Sets High Standards for Advisors

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The Certified Financial Planner (CFP) Board dropped its “Notice to CFP Professionals Regarding Financial Advice about Cryptocurrency-related Assets” on Dec. 5. The board’s notice is a 14-page report that outlines a series of risks associated with cryptocurrency investment. It lays out some standards that financial advisors can adhere to in their decision to provide, or …

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Congress wants to change how you save for retirement. Here’s what to know.

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Americans could soon change the way they save for retirement, thanks to several reforms including in the mammoth $1.7 trillion omnibus spending bill that lawmakers are rushing to pass before Friday. At more than 4,000 pages, the spending bill is geared toward federal funding agencies through September 2023, but it also touches on everything from …

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The Global Demi-fine Jewelry Market size is expected to reach $4.3 billion by 2028, rising at a market growth of 13.0% CAGR during the forecast period.

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ReportLinkerDemi fine term refers to the jewelry brands that are attainable premium jewelry. The demi-fine jewelry products are produced by the usage of semi-precious and precious metals & stones. This type of jewelry is also known as jewelry having shine & aesthetics of high quality but at an affordable price.New York, Dec. 22, 2022 (GLOBE …

The Global Demi-fine Jewelry Market size is expected to reach $4.3 billion by 2028, rising at a market growth of 13.0% CAGR during the forecast period. Read More »