IRS claiming $44B from FTX bankruptcy: Report

The single biggest claim involves unpaid partnership and income taxes of $20.4 billion assessed against Alameda Research. The United States Department of Treasury and Internal Revenue Service (IRS) ha...

Dufry Delivers $2.66 Billion In First Consolidated Quarter With Autogrill

Dufry store at Las Americas International Airport in the Dominican Republic. Dufry Travel retailer Dufry’s combination with global travel food and beverage (F&B) operator Autogrill gave the new en...

Ethereum derivatives flirting with bearishness: Mind the $1,820 support

After a brief overshoot above $2,000 on May 6, the Ether price has returned to a tight range between $1,820 and $1,950, which has been the norm for the past three weeks. According to the latest Ether ...

Is it Time to Buy Shiba Inu? Investors Take Notice Of Lowest Price

Shiba Inu (SHIB) coins have been creating a buzz in the cryptocurrency market, particularly with the recent surge in popularity of meme coins. However, the popular meme-inspired token has experienced ...

Paramount cuts 25% of domestic networks jobs, shuts down MTV News amid dividend slash

Paramount (PARA) is reportedly cutting 25% of staff in its domestic cable networks and shuttering its long-standing MTV News division after 36 years on air. Nine teams will be merged into one, accordi...

BRICS Leaders Set to Discuss Common Currency to Challenge US Dollar Dominance in Upcoming Summit – Economics Bitcoin News

The BRICS nations are set to discuss the feasibility of a common currency at the upcoming leaders’ summit. “It’s a matter we must discuss and discuss properly,” a South African minister stressed, noti...

Crypto CEO Wayne Vaughan Condemns Democrats’ Position on Crypto Ecosystem – Cryptopolitan

The United States House Committee on Financial Services recently circulated a memo to Democrat Committee Members, outlining their expectations for the committee’s position on cryptocurrencies. The mem...

US lawmakers hold EU and UK as examples of crypto regulation in joint hearing

Some members of the United States House of Representatives’ Financial Services Committee and Agriculture Committee pointed to crypto asset frameworks being employed outside the country when discussing...

Dow Jones Futures Rise After Nasdaq Hits 2023 High, But Curb Your Enthusiasm

Dow Jones futures rose slightly overnight, along with S&P 500 futures and Nasdaq futures. X The stock market rally closed mixed Wednesday, amid a tame CPI inflation report and a big move by Google...

Ethereum staking rates and gas fees decline as meme coin frenzy wanes

Staking rates and gas fees on Ethereum begin to fall as the meme coin craze declines. On a daily chart, ETH’s selling pressure exceeds its buying pressure.  The hype around meme-based tokens on the Et...

Warren Buffett’s Apple bet is worth $158 billion or 22% of Berkshire Hathaway’s total market value. The investor gave 5 reasons why he’s not stressing about the wager’s size.

Warren Buffett.AP Images Warren Buffett defended the size of Berkshire Hathaway’s $158 billion stake in Apple on Saturday. The investor praised the iPhone maker’s economics, loyal fans, st...

Oil prices rise on strong fuel demand data

By Laura Sanicola (Reuters) – Oil prices rose in early Asian trade on Thursday after strong demand for fuels in the U.S. outweighed concerns about the possibility of the world’s biggest oi...

Bitcoin Ordinals make their way to Binance: Nifty Newsletter, May 3–9

In this week’s newsletter, learn about emerging technologies creating new ethics for humankind. Read about the nonfungible token (NFT) marketplace Binance NFTs adding support for Bitcoin Ordinals on i...

2 Bullish signals suggest the S&P 500 could surge 19% to record highs over the coming year, Bank of America says

Spencer Platt/Getty Images There are two bullish signals that suggest the stock market could trade to record highs by early next year. BofA says a bullish breakout in global breadth means the S&P ...

California Roll Out (And Unrolled)

California Roll is out of the competition on “The Masked Singer.” Michael Becker/FOX The final three acts faced off on The Masked Singer Wednesday night, and after a trio of strong semifin...

Milady NFT floor price surges after Elon Musk tweet

On May 10, American business magnate Elon Musk tweeted a meme created using imagery from the Milady nonfungible tokens (NFT) collection. Shortly thereafter, the floor price of Milady NFTs spiked from ...

Bud Light parent company’s stock downgraded by HSBC amid branding ‘crisis,’ huge sales drop

HSBC has downgraded Anheuser-Busch InBev stock to hold amid a “crisis” following Bud Light’s marketing campaign featuring transgender activist Dylan Mulvaney. Carlos Laboy, managing ...

Today’s Wordle #691 Hints, Clues And Answer For Thursday, May 11th

How to solve today’s Wordle. NurPhoto via Getty Images It’s Thor’s Day, gentle Wordlers! Time to smite the earth with lightning bolts and rend the sky with thunder. The word ‘thunder’ actually c...

Bitcoin Price Turns Sell On Rallies As Bulls Struggle To Clear Hurdles

Bitcoin price is struggling to clear the $28,200 resistance. BTC is again moving lower and might decline toward the $27,000 support zone. Bitcoin attempted an upside break above $28,200 but failed. Th...

Bud Light sales continue to fall weeks after Mulvaney promo debacle

Bud Light sales have dwindled since the popular beer’s parent company partnered with a transgender influencer on social media last month for an online promotion. Anheuser-Busch InBev has sold $7...

$176M of Do Kwon’s assets are frozen: Report

On May 10, local news outlet Hankyung reported that Do Kwon, co-founder and former CEO of Terraform Labs, had over 233.3 billion Korean won ($176 million) in personal assets frozen as part of ongoing ...

Lay’s Potato Chips Recall Affects These 4 States

Frito-Lay has issued a voluntary recall of 13-ounce and 15 5/8-ounce packages of its rito-Lay has … [+] issued a voluntary recall of 13-ounce and 15 5/8-ounce packages of its Lay’s Classic Potat...

Top CD Rates Today, May 10

Note that the “top rates” quoted here are the highest nationally available rates Investopedia has identified in its daily rate research on hundreds of banks and credit unions. This is much...

Arbitrum’s DAO to receive over 3,350 ETH in revenue from transaction fees

Ethereum layer-2 blockchain Arbitrum will distribute Ether (ETH) worth nearly $6.2 million to its decentralized autonomous organization (DAO), the project announced on May 9 on Twitter. ARB holders mu...

Trump Calls Moderator Kaitlan Collins A ‘Nasty Person’

Topline Former President Donald Trump called CNN moderator Kaitlan Collins a “nasty person” at the end of the network’s town hall with the ex-president on Wednesday—an event his advisers reportedly be...

Disney earnings miss estimates as streaming losses narrow, parks soar

Disney (DIS) reported quarterly results after the bell on Wednesday that showed earnings per share missed estimates by a penny while streaming losses narrowed as the company continues efforts to slash...

What is Google’s Bard, and how does it work?

Following ChatGPT’s success, Google released its AI chatting service, Bard. Here’s all you need to know about the next generation of the AI-powered chatbot. Google Bard’s alternatives AI chatting has ...

China EV Maker Li Auto’s Shares Soar Nearly 14% To Eight-Month High As Sales Nearly Double, Loss Reverses

A visitor on a Li Auto Inc. L9 sport utility vehicle (SUV) at the Shanghai Auto Show in Shanghai, … [+] China, on Monday, April 24, 2023. Photographer: Qilai Shen/Bloomberg © 2023 Bloomberg Fina...

PayPal And Palantir Both Took The AI Plunge But Reactions Were Different

Two companies that were both partly founded by Peter Thiel reported their first quarter results, namely PayPal Holdings Inc (NASDAQ: PYPL) and Palantir Technologies Inc (NYSE: PLTR). Palantir shares c...

XRP retraces into a golden pocket but can the bulls enforce a comeback

Disclaimer: The information presented does not constitute financial, investment, trading, or other types of advice and is solely the writer’s opinion The $0.4 support level has confluence with a Fibon...

デロイト、クサマパラチェーン「KILT」導入でKYC・KYB手続き効率化へ

デロイトが「KILT」導入でKYC・KYB手続き効率化へ デロイトコンサルティング(Deloitte Consulting)が、再利用可能なデジタルクレデンシャル(認証情報)を顧客向けに発行するために、キルト(KILT)プロトコルのブロックチェーン技術をデロイトのKYC(個人確認:Know Your Customer)およびKYB(法人確認:Know Your Business)プロセスに統合する...

Here’s why crypto prices are down

In today’s The Market Report episode, analyst and writer Marcel Pechman discusses why crypto prices are going down after Bitcoin (BTC) failed to break above $29,000, plus whether or not Jerome Powell ...