Category: Islamic Finance

MARKETWATCH Top News

• The Wall Street Journal: Charges for comparable COVID-19 treatments diverge widely, analysis determines
  Costs vary by tens of thousands of dollars a patient, even within the same hospital, according to a Wall Street Journal analysis of pricing data.
• The Wall Street Journal: Chinese-owned Volvo navigating toward IPO on Stockholm stock market
  Details are expected Monday on a deal that could see the Swedish-based car company valued at some $25 billion.
• The Wall Street Journal: Facebook whistleblower says her goal is not to damage the company
  Product manager hired to help combat election interference on the social-media platform found the company unwilling to address shortcomings and left her job in May.
• : In its 50-year history, Walt Disney World has evolved from a $3.50-a-ticket amusement park to a ‘luxury-priced destination’
  As Walt Disney World celebrates its 50th anniversary, is a vacation there still affordable for middle-class households?
• NewsWatch: The biggest risk facing investors this earnings season is lurking just beneath the surface
  Growth rates of more than 27% for EPS and more than 15% for sales suggest corporate earnings have staged a strong rebound from their pandemic lows. But for some companies, that's far from the case.
• : IMF warns ‘cryptoization’ of emerging economies could threaten growth, financial stability
  The International Monetary Fund is warning that the growing popularity of cryptocurrency in emerging market economies poses a threat to their government's ability to implement effective economic policy, while threatening financial stability in economies at every stage of development.
• NewsWatch: The biggest risk facing investors this earnings season is lurking just beneath the surface
  Growth rates of more than 27% for EPS and more than 15% for sales suggest corporate earnings have staged a strong rebound from their pandemic lows. But for some companies, that's far from the case.
• : Mortgage rates jump above 3%, creating pressure for home buyers
  As expected, mortgage rates have risen after the Federal Reserve signaled that it plans to begin reducing the support it’s been providing to the U.S. economy.
• Financial Crime: Turkish national pleads guilty to Medicaid fraud in years-long ‘birth tourism’ scheme
  Prosecutors say Ibrahim Aksakal brought 117 pregnant Turkish women to the U.S. to give birth to gain citizenship for their children.
• Financial Crime: ‘He’s a thug. He’s just got a law degree’: Texas attorney admits conspiring to launder drug money
  Prosecutors say Rayshun Jackson laundered $400,000 for an undercover DEA agent he thought was a drug dealer.