The demise of Silicon Valley Bank wasn’t driven by credit problems but by an old-fashioned mismatch of assets and liabilities that doomed many thrifts back in the 1970s. California regulators seized S...
Tag: Bad
Investor Mark Suster says a “handful” of bad actors in VC destroyed Silicon Valley Bank
Yesterday at around noon in Los Angeles, investor Mark Suster of the venture firm Upfront Ventures began urging “calm” on Twitter. Silicon Valley Bank had bungled its messaging on Wednesda...
How America’s Annual ‘Spring Forward’ Is Bad For Your Health
Topline Most people in the United States will lose an hour this weekend as clocks “spring forward” into Daylight Saving Time, part of a disruptive biannual shift experts warn is actively harmful for o...
Crypto Winter Brings Bad News for Sports Sponsorship
Crypto winter(s) can have multiple market repercussions for retailers and institutions. This article focuses on how the crypto winter is impacting sports sponsorships and advertisement deals. Crypto ...
‘Bad batch’ or flawed design? Compass Mining flags problems with new ASIC miners
Bitcoin mining company Compass Mining claims to have found “three issues” in the ASIC design of the two new Antminer S19 miners, units that are primarily used to mine Bitcoin (BTC). These issues could...
Top economist Mohamed El-Erian blames the Fed for bad messaging and stock volatility
Economists are unhappy with persistently high inflation and how the Federal Reserve is addressing it. Since the start of 2022, the Fed has hiked interest rates eight times, most recently in February. ...
Here’s Some Bad News For ‘Hogwarts Legacy’ Players On Xbox And PlayStation
Hogwarts Legacy Credit: Warner Bros Hogwarts Legacy is currently only out on PC, Xbox Series X|S and PlayStation 5 but the game isn’t stopping there. The Wizarding World RPG is slated to land on older...
Critic Says Yuga Labs Bitcoin NFTs Auction Sets ‘Really Bad Precedent’
Yuga Labs Bitcoin NFT offering has kicked off with a bang. The firm behind Bored Ape Yacht Club (BAYC) NFTs opened bids for its first 300-piece Bitcoin NFT collection, called TwelveFold, early Monday ...
Ripple Bolsters Defense Against SEC With Prior Supreme Court Ruling: Good Move Or Bad?
The Securities and Exchange Commission (SEC) of the United States has launched a lawsuit against Ripple, alleging that the business offered unregistered securities in the form of XRP. Ripple denies th...
Debunking The Myths – Are Rising Interest Rates Bad For Stocks?
Jerome H. Powell and his colleagues at the Federal Reserve have been steadily raising the target for … [+] the Fed Funds rate. Getty Images The latest week saw stocks sell off as the yield on th...
‘Bad luck finds us all.’ Here’s exactly how much you should have in savings right now (and just how few Americans actually have this amount socked away)
How much should you have in savings? Getty Images/iStockphoto About half (49%) of American adults have either less emergency savings than they did last year, or no savings at all, according to a new B...
Bad News Has Little Impact on Binance Coin (BNB) Price
The Binance Coin (BNB) price fall has not gone rampant despite a number of negative news report. However, the drop could continue in the short-term. Pressure is mounting on Binance after Coinbase anno...
NBA Top Shot Lawsuit May Be Bad For Dapper—Could It Be Good for NFTs?
The multi-billion dollar NFT market has for years anxiously awaited the answer to a single question: Will the U.S. government classify non-fungible tokens as securities? A federal judge in Manhattan ...
There Is No Ending Planned For ‘The Mandalorian,’ Which Seems Bad
Mandalorian Disney If there was one central issue you could pinpoint about Disney’s Star Wars plans the past few years, it feels like a main one was that…they had no real plan. This was fully on displ...
Bad day for the crypto Velo
Today the price of the Velo crypto dropped 22%. VELO is Velo Labs’ token on the Stellar network, which is building a unique credit exchange network. The network is powered by the Velo protocol, which ...
bad news for employees looking for raises, remote work and shorter work weeks
This week, Payscale released the results of its bellwether survey, the 2023 Compensation Best Practices Report. It’s not wonderful news for employees: fewer employers are offering pay raises and those...
Regulators Let Bad Guys Get Big and Blow Up to Serve Their Agenda – Regulation Bitcoin News
The CEO of crypto exchange Kraken, Jesse Powell, says U.S. regulators “let the bad guys get big and blow up because it serves their agenda.” The executive explained: “Bad guys operate with huge compet...
‘Regulators let the bad guys get big’ — former Kraken CEO speaks out after SEC settlement
Jesse Powell, CEO of crypto exchange Kraken, has called out United States financial regulators for letting “the bad guys” win to suit their agenda. In a Feb. 19 Twitter thread, Powell speculated that ...
Kraken CEO Accuses Regulators for Siding With Bad Guys
Earlier this month, crypto exchange Kraken made a $30 million settlement with the SEC and had to shut down its crypto staking feature post the regulatory crackdown. Kraken CEO Jesse Powell has once ag...
Bad crypto news on Telegram
Following Friday’s closure, the Italian crypto exchange The Rock Trading halted releasing official news, including on its official Telegram channels. Indeed, after posting the last message announcing ...
New Chinese-Owned Fast Fashion App Draws Comparisons (Good And Bad) To Shein
Topline You might have seen its Super Bowl ad or a Temu haul on TikTok as part of the aggressive marketing effort for the company that wants you to “shop like a billionaire,” resulting in millions of ...
Ant-Man and the Wasp in Quantumania gets bad reviews
Paul Rudd is Scott Lang, aka Ant-Man, alongside Johnathan Majors as Kang the Conqueror in “Ant-Man and the Wasp in Quantumania.” Disney Are the pint-sized heroes of Disney’s “A...
Why A Drop In Stablecoin Market Cap Is A Bad Sign For Crypto, According To Morgan Stanley
According to researchers at the U.S. investment firm Morgan Stanley, stablecoin instruments may be able to compete with conventional banking systems, and its dropping market capitalization signals a d...
Is Joe Biden’s Pick for Top Economic Adviser Good or Bad for Crypto?
The President of the United States – Joe Biden – will reportedly appoint Lael Brainard (Vice Chair of the Federal Reserve) as his top economic adviser. The latter is a critic of cryptocurrencies, arg...
Bad Economic Policies Are One Reason People Are Leaving Blue States
Oct 26, 2019 Mountain View / CA / USA – Semi truck towing an U-Haul cargo trailer, on a freeway in … [+] San Francisco bay area; U-Haul is an American moving equipment and storage rental c...
Silver price moves from bad to worse after strong inflation numbers
Silver price continued its bearish trend after the US published January’s consumer inflation numbers. After peaking at a multi-month high of $24.60 early this month, the XAG/USD price has plunged by ~...
Inflation report due Tuesday has the potential to deliver some bad news
Prices are displayed in a grocery store on February 01, 2023 in New York City. Leonardo Munoz | Corbis News | Getty Images Just as Federal Reserve officials have grown optimistic that inflation is coo...
The end of easy money is bad news for these stock sectors, says Evercore ISI
The utility and real estate sectors are most at risk from the end of easy money, but healthier household balance sheets should support consumer-facing stocks, say strategists at Evercore ISI. The worl...