Meme Stocks Slump to Start New Year 
 

Individual investors' favorites GameStop and AMC are off to a rocky start, with both losing more than 10% in 2022.


 
Fed's Bullard Eyes Three Rate Rises This Year, Says Fed Must Defend Inflation Credibility 
 

The Federal Reserve Bank of St. Louis president says monetary policy "is in good position" to navigate current challenges.


 
New Disclosures Revive Questions About Fed Policy Maker's Trades 
 

Federal Reserve Vice Chairman Richard Clarida disclosed additional sales of shares in broad-based stock funds, drawing fresh scrutiny of financial transactions he conducted at the onset of the coronavirus pandemic.


 
Cryptocurrency-Based Crime Hit a Record $14 Billion in 2021 
 

The dollar amount collected through cryptocurrency-based crime hit a record in 2021, as the volume of cryptocurrency transactions overall grew into the tens of trillions of dollars, according to blockchain data platform Chainalysis.


 
Mortgage Rates Hit Highest Levels Since Spring 2020 
 

The increase is driving up the costs associated with home buying at a time when home-sales prices are already near record highs.


 
Bitcoin, Ether Fall Along With Tech Stocks 
 

The declines were triggered by Federal Reserve minutes that showed officials are eyeing a faster timetable for raising interest rates this year.


 
Alphabet's Venture-Capital Arm Boosts Healthcare Team 
 

Cathy Friedman joins GV to help with early-stage medical investment push.


 
Société Générale Bets $5 Billion on Car-Leasing Business 
 

The French financial giant hopes combining ALD and LeasePlan will make vehicle leasing a third pillar of its business alongside retail and investment banking.


 
Tech Selloff Prompts Bets Against U.S. Stock-Market Supremacy 
 

Investors are betting that rising interest rates and a tech swoon could bring American stocks' winning streak to an end in 2022.


 
New Mexico State Investment Council Navigates Hot Private-Equity Fundraising Market 
 

David Lee and Chris Cassidy, who manage the fund's more than $4 billion private-equity portfolio, want to understand the potential impact of inflation on valuations and returns as they consider new commitments.

(END) Dow Jones Newswires

01-07-22 0015ET