Illustration by Elias Stein Text size Costco Wholesale is challenging Amazon.com by keeping things simple: limited selection, low prices, good execution. With just 7% of its sales online, it’s the ant...
Tag: Department
AT&T and WBD Stocks Both Look Attractive. Here’s Why.
Text size Barron’s praised AT&T’s Warner Bros. spinoff in a May 2021 cover story. Both stocks are attractive now. Justin Sullivan/Getty Images AT&T has officially closed the book on a tumultuo...
U.S. State Department Orders Non-Emergency Staff In Shanghai To Leave Amid Covid Surge
Volunteers transport boxes of food delivered by the government in Shanghai amid Covid lockdowns on … [+] Saturday, April 9.. Photographer: Qilai Shen/Bloomberg © 2022 Bloomberg Finance LP The U....
U.S. State Department orders all non-emergency government staff in Shanghai to leave as Covid surges
Chinese and U.S. flags flutter near The Bund, before U.S. trade delegation meet their Chinese counterparts for talks in Shanghai, China July 30, 2019. Aly Song | Reuters The U.S. State Department has ...
Department of Justice Seizes $34,000,000 in Crypto From Florida Man Accused of Selling Stolen Data on Dark Web
The U.S. Department of Justice (DOJ) has seized tens of millions of dollars in crypto assets from an individual who allegedly sold illicit goods and laundered funds through the Dark Web. According to ...
US Treasury Department Sanctions Russian Darknet Market and Crypto Exchange
Hydra Market is the largest and most widely used darknet market in the world. It was founded in 2015 and offers services such as ransomware-as-a-service (RaaS), hacking, counterfeit currency, illicit ...
Why Is California’s Department of Fair Housing and Employment Harassing Activision and Tesla?
From when Elon Musk was very young he “plotted an escape from his surroundings and dreamed of a place that would allow his personality and dreams to flourish.” Those are the words of Ashlee Vance, fro...
New legislation calls for US State Department reporting on crypto in Russia and Ukraine
New legislation aims to push the US Department of State to do more reporting on crypto — including on its own anti-ransomware whistleblower program. On March 31, Congressmen Gregory Meeks (D-NY) and...
Defense Stocks Rose With the Ukraine War. Then a Tight Proposed Budget Set Them Back.
Elias Stein Text size Defense stocks took a surprising blow after a proposed defense budget was released last week. The Biden administration asked Congress for $773 billion to fund defense for fiscal ...
World’s third-largest department store to enter the crypto market –
El Corte Inglés, the world’s third-largest department store and Spain’s largest, is the latest well-known shop to enter the crypto market. According to the Spanish publication El Confidencial (link i...
Biggest department store in Europe sets its sights on cryptocurrency
El Corte Inglés, an iconic institution in Spain, and the third largest department store in the world, is reportedly preparing to launch a crypto exchange in partnership with Deloitte. According to a r...
Why the Postwar 1940s May Tell Us More About Our Inflation Than the ‘70s
Illustration by Elias Stein Text size As inflation stirs, economists have fixated on the 1970s. That’s a mistake, says Guggenheim’s chief investment officer, Scott Minerd, who believes the causes of t...
How Putin’s War Made These 3 Fertilizer Producers Hot Stocks
Illustration by Elias Stein Text size Since Russia invaded Ukraine, shares of Saskatoon, Canada’s Nutrien , the Western Hemisphere’s top fertilizer maker, have climbed 37%. The Energy Select Sector SP...
U.S. Department of Justice Charges Two Crypto Traders Over Alleged $1,100,000 “Frosties” NFT Scam
The U.S. Department of Justice (DOJ) is filing charges against two crypto traders over their alleged involvement in facilitating the $1.1 million “Frosties” non-fungible token (NFT) rug-pull scam. Acc...
Coinbase Board Director and Former U.S. Justice Department Prosecutor Announces $1,500,000,000 Crypto Fund
Coinbase board director and former federal prosecutor Kathryn Haun is announcing the launch of her new venture fund supporting Web 3.0, the next generation of the internet based on decentralized block...
US Justice Department says Google misuses attorney-client privilege to hide documents
The US Department of Justice has accused Google of training its employees on how to shield business communications from discovery in cases of legal disputes “by using false requests for legal ad...
Bit Nile Holdings Establishes Crypto Mining Department
Diversified holding company Bit Nile Holdings, Inc. is creating a whole new division called Bit Nile Mining Solutions that will focus on self-mining bitcoin. Bit Nile Looks to Be a Crypto Mining Solut...
Fiat Is Still The King For Money Laundering, Us Treasury Department Says
US Treasury Department has stated that despite the widespread use of digital assets for money laundering, the rate is still higher with fiat currencies. The statement is contained in the Treasury Depa...
Fiat is Still Dominant in terms of Criminal Money: Highlights US Treasury Department
Concerns have always revolved around the crypto assets being used for illicit purposes but the US Treasury department revealed something that is beyond these doubts. Decentralized Finance (DeFi) and ...
Fiat is Far More Common Than Bitcoin for Money Laundering, Confirms US Treasury Department
Earlier this month, the US Treasury Department released three-yearly reports covering money laundering, terrorist financing, and proliferation financing – all of which extensively discussed virtual as...
The S&P Experienced a Death Cross. Here’s the Bright Side.
Illustration by Elias Stein Text size The S&P 500 has performed poorly this year, down about 6.4%. This past Monday, it got scary in a Harry Potter sort of way: The benchmark experienced a death c...
Kohl’s Is a Takeover Target. What That Means for the Stock.
Kohl’s stock soared on reports of potential takeover offers that could value the company at more than $9 billion. Getty Images Text size Kohl’s investors have been trapped between hopes for a takeout ...
US Justice Department Returns Stolen Bitcoin to Victim of Government Imposter Scam – Regulation Bitcoin News
The U.S. Justice Department has seized bitcoin stolen from an elderly man in a government imposter scam and will be returning the cryptocurrency to him. “The fraudsters deceived the victim into believ...
UK joins regulatory focus as it recruits head of new crypto department
The UK’s financial regulatory body, The Financial Conduct Authority (FCA), has set its sights on crypto in a week filled with news on crypto regulation. The FCA is actively recruiting someone to lead ...
UK Regulator FCA Opens Recruitment for Experts to Lead Crypto Department
The United Kingdom’s top market regulator, the Financial Conduct Authority (FCA), has put out an advert for an expert in digital currencies to come and head its crypto department. According to the job...
UK financial regulator seeks to build digital assets department
advertisement The Financial Conduct Authority (FCA), the UK’s financial regulatory body, is seeking to build a digital assets department according to a job listing posted on LinkedIn. The hiring...
Department of Justice Seizes Over $28,000,000 in Crypto From Hacker Accused of Serial Ransomware Attacks
The U.S. Department of Justice (DOJ) is seizing more than $28 million worth of Bitcoin (BTC) from a hacker accused of participating in a ransomware attack that impacted victims all over the world. Acc...
Department of Justice Targets Crypto Exchanges in Effort To Clamp Down on Russian Oligarchs: Report
The Department of Justice (DOJ) says crypto exchanges will be included in a sweeping new strategy to clamp down on the assets of Russian oligarchs. Earlier this month, the DOJ announced the launch of ...
US Labor Department Urges Caution over Crypto Investment in 401k Retirement Plans
The U.S. Department of Labor (DOL) on Friday warned employers and retirement plan providers to “exercise extreme care” before they consider cryptocurrency into their investment option for plan partici...
U.S. Labor Department ‘is right’ about 401(k) warning
The recent U.S. Labor Department (DOL) warning to fiduciaries who offer cryptocurrency investments inside 401(k) plans makes sense, one crypto executive told Yahoo Finance. “I think that the Departmen...
FinTech Looks Like a $1.5 Trillion Growth Market
Illustration by Elias Stein Text size Wells Fargo ’s Jeff Cantwell says the time to buy fintech stocks is now—14 of them. Cantwell has started coverage of the group with Overweight ratings for all. Th...