Satellite imagery venture Planet delivers record quarter, sees annual revenue nearing $200 million

BySophie Tremblay

In this article PL Follow your favorite stocksCREATE FREE ACCOUNT Will Marshall, Co-Founder & CEO of Planet Inc., celebrates his company’s listing on the floor of the New York Stock Exchange (NYSE) in New York City, December 8, 2021. Brendan McDermid | Reuters Satellite imagery and data company Planet reported record third-quarter revenue on Wednesday,…

Recession fears could trigger a ‘lipstick’ effect on deal activity next year

BySophie Tremblay

In one of the biggest media mergers in history, AOL acquired Time Warner for $182 billion in 2000 to form $350 billion mega-corporation, AOL Time Warner Erik Freeland | Corbis Historical | Getty Images The volume and size of mergers and acquisitions saw a significant decrease this year as macro headwinds weighed down the global…

Health insurance is helping cool inflation. But ‘it’s not a very good reflection’ of what people pay, cautions economist

BySophie Tremblay

Natalia Gdovskaia | Moment | Getty Images In an environment of high inflation, health insurance costs are doing the opposite: They’ve begun to deflate, and are poised to continue dropping each month until fall 2023, economists predict. Health insurance prices fell by 4% in October and 4.3% in November, according to the consumer price index,…

‘Avatar: The Way of Water’ could be heading for a $175 million box office opening

BySophie Tremblay

In this article DIS Follow your favorite stocksCREATE FREE ACCOUNT Set more than a decade after the events of the first film, “Avatar: The Way of Water” tells the story of the Sully family. Disney It’s been more than a decade since James Cameron’s “Avatar” shattered box office records. To this day, it remains the…

The Fed projects raising rates as high as 5.1% before ending inflation battle

BySophie Tremblay

The Federal Reserve will hike interest rates to as high as 5.1% in 2023 before the central bank ends its fight against runaway inflation, according to its median forecast released Wednesday. The expected “terminal rate” of 5.1% is equivalent to a target range of 5%-5.25%. The forecast is higher than the 4.6% projected by the…

You can still sign up for 2023 health insurance through the public marketplace — but waiting past Dec. 15 can delay coverage

BySophie Tremblay

FamVeld If you don’t have health insurance lined up for next year, there’s still time to get private coverage through the public marketplace. The deadline is Dec. 15 — Thursday — to sign up on Healthcare.gov for a health plan to take effect Jan. 1. Otherwise, you have until Jan. 15 to enroll with coverage…