Bitcoin price hits multi-year low at $15.6K, analysts expect further downside

Investor sentiment in the crypto market is floundering after Binance decided to nix its agreement with FTX to purchase the distressed cryptocurrency exchange. The events have sent Bitcoin to a new yearly low, while other altcoins have also taken a sharp downturn.  Data from Cointelegraph shows Bitcoin (BTC) declining to $15,698 amid the chaos caused … Read more

Disney Stock Plunges 11% To New Multi-Year Low On Earnings Miss, Weak Profit Outlook – Deadline

UPDATED with closing stock price: Disney stock closed at $86.75 a share, down more than 13% as investors punished the company for its disappointing quarterly earnings report and weak earnings forecast. The single-day plunge was the biggest for Disney shares since the onset of Covid in the U.S. in March 2020, when it also fell … Read more

Lewis Hamilton: Mercedes driver confirms intention to sign new ‘multi-year’ contract with team

Lewis Hamilton has confirmed he plans to sign a new “multi-year” contract with Mercedes; the seven-time world champion’s current deal expires at the end of the 2023 season; watch the Mexico City GP live on Sky Sports F1 this weekend, with the race at 8pm on Sunday Last Updated: 28/10/22 12:33am Please use Chrome browser … Read more

Jackson Pictures Inks Multi-Year First Look Deal With Fifth Season – Deadline

Producer Matt Jackson and his production company Jackson Pictures have signed a multi-year first look deal with Fifth Season — the global film and TV studio previously known as Endeavor Content, which has been behind such decorated titles as Apple TV+’s Emmy-winning series Severance and Maggie Gyllenhaal’s Oscar-nominated Netflix drama The Lost Daughter.  Under the … Read more

Formula 1 Signs New, Multi-Year Contract With ESPN And Walt Disney Company – Deadline

Formula 1 races will continue on ESPN Networks in the United States through the 2025 season. A new multi-year contract renewal was announced in Austin at the second of two US stops for F1 during the 2022 season. Under the renewal, at least 16 races will air on ABC and ESPN each season, more than … Read more

Chinese stocks tumble to multi-year lows in New York and Hong Kong amid party congress

Hong Kong CNN Business  —  Chinese stocks have hit multi-year lows in New York and Hong Kong amid growing concerns about China’s rising Covid cases and economic outlook. The plunge comes at a time when members of China’s ruling Communist Party are meeting for the 20th Party Congress, a major leadership reshuffle that sets the … Read more

NBA: Warriors officially sign Jordan Poole to multi-year extension

Jordan Poole #3 of the Golden State Warriors celebrates with the Larry O’Brien Championship Trophy after defeating the Boston Celtics 103-90 in Game Six of the 2022 NBA Finals at TD Garden on June 16, 2022 in Boston, Massachusetts. Elsa/Getty Images/AFP Golden State Warriors guard Jordan Poole signed a multi-year contract extension on Sunday. The … Read more

Euro zone yields at multi-year highs, Italian bonds underperform

Breadcrumb Trail Links PMN Business Author of the article: Article content Euro zone government bond yields jumped to multi-year highs amid expectations that central banks will keep tightening their monetary policy despite recession risks and a new sell-off in British gilts. Meanwhile, the spread between Italian and German yields widened after the rightist coalition won … Read more

Borrowing costs hit multi-year highs after Fed hike

After years of cheap money, it’s suddenly a lot more expensive to borrow. The Federal Reserve has raised its benchmark short-term rate 3 percentage points since March in an effort to curb unrelenting inflation, including another big hike earlier this week. related investing news Wall Street pros are watching this index to get an early sign that inflation … Read more