At least some of Sam Bankman-Fried’s immediate familyaren’t cooperating with the probe into the collapsed crypto exchange FTX and should be cross-questioned in court, the company’s lawyers have ...
Category: Finance
Live Finance News Updates.
New Court Documents Show Apple, Netflix, Binance and Coinbase Among Creditors Owed Money by FTX
New court documents reveal that collapsed crypto exchange FTX owes money to a slew of marquee businesses, including Apple and Netflix. FTX, which went bankrupt in November, allegedly owed billions of ...
5 Memphis Police Officers Charged With Murder
Topline The five Memphis police officers terminated in connection with the violent death of 29-year-old Tyre Nichols have been arrested and charged with second-degree murder, official oppression, aggr...
Here’s what a 2.9% growth in GDP means for the U.S. stocks
S&P 500 is trading slightly up on Thursday after the Bureau of Economic Analysis said the U.S. economy ended the final quarter of 2022 in good shape. GDP growth beats expectations According to the...
Congress to Vote on Whether to Abolish the IRS and Introduce One National Tax Rate
Right now, the average price for a loaf of bread is, approximately, $1.87. Under a new law proposed by House Republicans, that price would go up to more than $2.50. This would be the result of the Fai...
Joe Cornish Discusses Move To Television With Ghost-Busting Series ‘Lockwood & Co.’ On Netflix
L-R: Cameron Chapman, Ruby Stokes, and Ali Hadji-Heshmati in ‘Lockwood & Co.’ Courtesy of Netflix When there’s something strange in your London neighborhood, the Ghostbusters are an oc...
Spotify Announces Layoffs To 6% Of Its Workforce
Getty Images Key takeaways Spotify announced that the company is laying off 6% of its workforce Dawn Ostroff, former head of content, is one of the key employees leaving the company The news of layoff...
Mobileye Stock Gains After Blow-Out Earnings Show Growth in Self-Driving Cars
Car owners who want their vehicles to drive them around have been burned by years of overpromising by the auto industry. There are no truly self-driving cars. Autonomous-driving technology is getting ...
IMSA Season Kicks Off With Tremendous Storylines In Rolex 24 At Daytona
IMSA WeatherTech 2023 61-car starting field for the 2023 Rolex 24 hours of Daytona LAT Images —IMSA/LAT Photo by Jake Galstad. Business is booming for the Imsa WeatherTech Sports Car Series as it kick...
Looking To Invest In Cannabis? Here Are Our Top Marijuana Stock Picks For 2023
Getty Images Key takeaways 37 states have legalized cannabis for medical use, and 21 states have cannabis legal for recreational use There are many options for investing in cannabis stocks, from growe...
You were just laid off. How much severance can you expect?
Some of the biggest technology industry players, including Google-parent Alphabet, Amazon, Meta and Microsoft, have announced mass layoffs in recent months. In most cases, companies aren’t legal...
Bulls head on towards next aim after surpassing $23,089 – Cryptopolitan
Bitcoin price analysis is on the bullish side today. Bulls have recovered a good range from $22,688 to 23,722 today. The bullish momentum that started yesterday helped in elevating the price from $22,...
NEAR Price Analysis: Token forms bearish divergence; will bears join the party?
The token is trading below the demand zone on the daily time frame. The pair of NEAR/USDT is trading at the price level of $2.383 with a gain of 1.23% in the past 24 hours. The NEAR token has rebounde...
Coinbase Slapped With a $3,620,000 Fine by Dutch Central Bank Over Non-Compliance
The Central Bank of the Netherlands (DNB) is hitting prominent crypto exchange platform Coinbase with a multimillion-dollar fine for failing to comply with its guidelines. In a new press release, the ...
Biden Expected To Target GOP Fiscal Policies In First Major Economic Speech Of 2023
Topline President Joe Biden is expected to attack GOP fiscal policies in a speech on the economy Thursday, as he lays the groundwork for a potential 2024 presidential run and Democrats ramp up their r...
10 Predictions For Retail In 2023
10 Predictions for Retail in 2023 getty Well, the New Year has already kicked off, but better late than never in sharing our Top 10 predictions for the retail industry in 2023. #10 – Continued fallout...
FTX Seeks to Question Sam Bankman-Fried’s Family About Its Wealth
(Bloomberg) — The parents and brother of alleged crypto fraudster Sam Bankman-Fried should be forced to answer questions and provide financial documents about their personal wealth and any money...
Chevron Returns $75 Billion To Shareholders As White House Fumes
Chevron (CVX) will launch a massive $75 billion share buyback and raise its dividend, the Dow Jones energy giant announced late Wednesday. The news comes ahead of fourth-quarter earnings due on Friday...
In West Texas, Water Is Scarce For Fracking, Expensive For Recycling, Cheap For Disposal Wells, And It Causes M5 Earthquakes.
Permian oil pump jacks in Eddy County, New Mexico. AFP via Getty Images The Permian basin of West Texas and New Mexico is desert for the most part. The desert is called the Chihuahuan but is not raw d...
Here’s how Republicans’ proposed Fair Tax Act would work
A group of House Republicans are pushing to eliminate most federal taxes and replace them with a federal sales tax in a plan that would also abolish the Internal Revenue Service. But tax experts warn ...
LTC breaks above $88.05 as upswing momentum strengthens – Cryptopolitan
Litecoin price analysis suggests a strong bullish trend for today as the price has improved significantly in the last 24 hours as the bulls are continuing to rule the market for LTC despite the bearis...
RIOT Stock Price Prediction: Is The Winter For RIOT Stock Price Over?
RIOT price is observing an upside momentum as BTC has recovered to $22000. Technical indicators of RIOT are favoring an upside trend. It is currently trading near $6.04 with a gain of 0.64% Riot Block...
Where Real Wages Rose & Where They Stagnated [Infographic]
2022 has been a year where inflation has seriously eaten into or even totally diminished any salary increases workers might have received. For people in some countries, this scenario has actually been...
U.S. Economy Beats Estimates And Grows 2.9% In Q4
(Photo by Spencer Platt/Getty Images) Getty Images Key takeaways The U.S. economy grew at an annualized rate of 2.9% in Q4 2022, ahead of the forecast 2.8% It’s the second consecutive quarter of posit...
Moody’s developing stablecoin scoring system: Bloomberg
Rating agency Moody’s is developing a system to score stablecoins. It will include an analysis of up to 20 stablecoins and rate them based on the quality of attestations on the reserves ba...
Curaleaf cutting 10% of staff as it exits three U.S. states
This story has been updated to provide correct figures for the number of states Curaleaf operates in; also the number of total employees at the company. Curaleaf said Thursday it has reduced its staff...
Hacker moves stolen $90 million after six years – Cryptopolitan
A hacker has allegedly moved stolen funds from six years ago from one wallet to another. In the details published by Chainalysis, the hacker accumulated the funds in a string of operations since 2016....
NASCAR’s 2021 Rookie Of The Year Chase Briscoe, Stewart-Haas Racing Sign Contract Extension
INDIANAPOLIS, INDIANA – DECEMBER 10: Chase Briscoe speaks as Tony Stewart looks on during a press … [+] event announcing a partnership between Stewart-Haas Racing and Mahindra Tractors at ...
Tourism & EVs Fuel Optimism In Hong Kong, Mainland Closed Until Monday
China Last Night KraneShares Key News Asian equities were mostly higher overnight as Hong Kong opened higher following a three-day holiday in celebration of Lunar New Year while Mainland China will re...