FTX founder Sam Bankman-Fried was charged with eight criminal counts, including conspiracy and wire fraud for allegedly misusing billions of dollars in customers’ funds before the spectacular collapse of his cryptocurrency empire. The indictment, […]
CNBC’s Jim Cramer on Monday went over the top-performing energy stocks in the S&P 500 this year. “While energy was the only winning sector this year, all of these stocks have come down substantially from […]
At least $73 million in political donations tied to Sam Bankman-Fried’s FTX , showered mostly on high-ranking Democratic politicians, may be at risk of being clawed back through the crypto empire’s bankruptcy, as lawyers search […]
Europe may have been spared from an extreme energy crisis this year, but the head of one of the world’s largest banks is worried about what’s next. Through a mix of unseasonably warm weather so far this winter and low […]
Capital Economics says Japan, the third-largest economy in the world, is likely to enter a recession next year. The warning came in an interview with CNBC Tuesday, as the nation’s inflation rate hit the highest […]
The police raid on Deutsche Bank AG and its asset management arm, DWS Group, in Frankfurt, Germany, earlier this year was a wake-up call for the entire asset management industry because the days of exaggerating […]
The Bank of Canada on Wednesday hiked its benchmark overnight interest rate by 50 basis points to the highest level in almost 15 years and signalled its historic tightening campaign was near an end. The […]
Futures drifted gently lower overnight despite Chinese stocks rising on COVID-restriction-lifting rumors but then got bitch-slapped down by Fed whisperer Nick Timiraos pushing the ‘higher rates for longer’ narrative to walk back some of the […]
European Commission President Ursula von der Leyen said Sunday that Europe must “adjust our own rules to make it easier for public investments” due to rising concerns that the new and beefed-up energy incentives and subsidies contained […]
According to a report from The Platformer, Amazon Inc is preparing to restart its advertising on Twitter, after a small kerfuffle with the platform’s new owner, billionaire Tesla CEO Elon Musk. The fight began over […]
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