The latest Distributed Ledger column from MarketWatch: a weekly look at the most important moves and news in crypto.
Earnings Results: CSX expects shipping prices to stay elevated this year, despite clouds over economy
Shares of CSX Corp. rose after hours on Thursday after the railroad giant’s first-quarter results beat expectations.
Market Extra: Growing worries over U.S. debt ceiling send 1-month T-bill yield tumbling
Traders briefly send the one-month T-bill rate plummeting by more than half of a percentage point on Thursday.
Michael Sincere’s Long-Term Trader: ‘The inflation genie is not going back in the bottle anytime soon.’ Why this veteran trader likes oil and retail stocks now.
Jeffrey Bierman expects high inflation to continue and hit the market with stiff headwinds.
Financial Crime: WWE ‘Million Dollar Man’ son Ted DiBiase Jr. charged in scam involving NFL legend Brett Favre
The former pro wrestler has been charged with misappropriating millions of dollars meant to feed needy kids.
: Why do bosses like the ‘Pity City’ CEO seem so out of touch? The growing CEO-to-worker pay gap may offer a clue.
Andi Owen, CEO of MillerKnoll Inc., drew backlash for her response to employees’ concerns about their bonuses.
The Margin: How big a pay hike are you expecting this year? Americans say they anticipate a 6.7% raise.
Workers may be worried about layoffs, but they also can put stock in the fact they received an average 6.5% salary increase in 2022, according to ADP.
Key Words: Former Rep. Patrick Kennedy takes swipe at presidential longshot RFK Jr. — and at Democrats on 4/20 for supporting marijuana industry
Former Rep. Patrick Kennedy throws cold water on his cousin’s longshot presidential bid, as he speaks before a group that opposes cannabis legalization.
Commodities Corner: Oil prices crashed below zero 3 years ago, with the spotlight back on demand and volatility
Three years to the day, U.S. benchmark West Texas Intermediate crude futures settled at a negative price for the first time on record. The oil market is again struggling with signs of a slowdown in the global economy that could lead to a drop in energy demand.
Earnings Outlook: Here’s what Tesla earnings might mean for GM earnings next week
General Motors is slated to report quarterly earnings before the bell on Tuesday, on the heels of a difficult quarter for Tesla and amid heated EV price wars.
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