Do Kwon is the most wanted man in crypto, with South Korean authorities, Interpol and now UST Restitution Group trying to track him down. The group of nearly 4,400 former Terraform Labs investors has...
Tag: Retail
IRS classifies NFTs as digital assets; retail investors group seeks to track down Do Kwon
The biggest news in the cryptoverse for Oct. 19 includes the IRS classifying NFTs as digital assets for tax purposes, Cardano NFTs becoming the next gold rush, Blockchain advocacy groups filing a mot...
Thousands of Retail Investors Organize Manhunt for Terraform Labs Founder Do Kwon: Report
A large group of retail investors are reportedly organizing a manhunt to locate the whereabouts of Do Kwon, the founder of stablecoin issuer Terra (LUNA). According to a new report from the Financial ...
Bitcoin Whales at 3-Year Low, Retail Investors at ATH
On-chain data revealed that the bitcoin holdings of larger investors – typically referred to as whales – have been on the decline for the past several months. At the same time, smaller investors’ BTC ...
Goldman Sachs pivot from Marcus shows that disrupting retail banking is hard
David Solomon, Goldman Sachs, at Marcus event Goldman Sachs CEO David Solomon is reining in his ambition to make the 153-year-old investment bank a major player in U.S. consumer banking. After product...
Controversy Persists Over Amazon’s Use Of Data To Favor Its Knockoffs
The 800-pound gorilla that is AmazonAMZN .com finds itself coming off as a corporate bully when its private label teams find small and growing brand products and then produce knockoff versions that it...
Solana-based PIP Launches One-Stop Solution for Retail PIP.me 2.0
Vladislav Sopov PIP, multi-blockchain digital payments protocol, shares details of its crucial update with “personalized eWeb3 pages” Contents PIP.me 2.0 streamlines crypto payments in B2B...
Huge Rental Company Places Big Order With Tesla Rival
May wasn’t a very merry month for Canoo (GOEV) . Back then, the electric vehicle company was in some serious trouble. Canoo warned investors earlier in 2022 “that there is substantial do...
Low Mississippi, retail overstock trailers: Latest supply chain stress
The towboat Roberta Tabor pushes barges up the Mississippi River in Granite City, Illinois, US, on Friday, July 9, 2022. Grain transport is down from peak levels, but water level on the river is now a...
FTX CEO Sam Bankman-Fried Supports ‘Knowledge Tests’ for Retail Traders To Get Into Risky Trading Strategies
FTX CEO Sam Bankman-Fried is backing an idea suggested by Commodity Futures Trading Commission (CFTC) Commissioner Christy Goldsmith Romero aimed at protecting small-scale investors. Romero wants to ...
U.K. Retail Dismayed As Tax Free Shopping Scrapped After Just Three Weeks
Luxury visitor hot spots such as New Bond Street will be hit by a huge U-turn by the U.K. … [+] Government. (AP Photo/Alberto Pezzali) Copyright 2022 The Associated Press. All rights reserved Th...
Alibaba and Other China Stocks Jump as President Xi Reassures on Tech
Shares in U.S.-listed Chinese companies were moving higher Monday as investors smiled on comments from a high-profile speech by President Xi Jinping that was supportive of the country’s technology sec...
79% Of Beauty Shoppers Have Doubts About Sustainability Claims – How Can Brands Rebuild Trust?
Confusion and skepticism are rife amongst today’s beauty shoppers getty My role at Provenance puts me in meeting rooms and on video calls with incredible individuals that are working to change t...
Bankman-Fried ‘100%’ supports knowledge tests for retail derivatives traders
The founder and CEO of cryptocurrency exchange FTX, Sam Bankman-Fried has backed the idea of knowledge tests and disclosures to protect retail investors but said it shouldn’t just be crypto-specific. ...
Kroger-Albertsons Merger Would Create a Big Player in Retail Advertising
The proposed merger of Kroger Co. and Albertsons Cos. would reshape the U.S. supermarket industry by combining its two largest operators. It also would create a big player in so-called retail media, o...
CFTC Commissioner Plans to Define Retail Investors
Bitcoin News She stated her intention to offer a new retail investor definition. Christy would begin by posting a more casual idea on the website and soliciting feedback. Given that the CFTC is expect...
The Fed Has Another Problem. States Are Doling Out Stimulus Funds
A spending spree is coming, and it may do more harm than good. An analysis by Deutsche Bank economists shows that 20 U.S. states have recently enacted, or are in the process of enacting, stimulus prog...
buy Walmart stock even though retail sales were flat in September
Walmart Inc (NYSE: WMT) is a buy even though retail sales came in flat for September, says Tim Seymour. He’s the Founder of Seymour Asset Management. Walmart generates more sales from groceries Retail...
Kroger unveils $24.6 bln deal to buy smaller grocery chain Albertsons
Kroger has inked a deal with Albertsons to purchase the smaller grocery retailer for $24.6 billion. The acquisition will establish a national footprint “to serve America with fresh, affordable food,” ...
CFTC Commissioner to Pitch Retail Investor Definition to Get Set for Crypto
Goldsmith Romero, who is the lead commissioner for the agency’s technology advisory committee, suggested that a new retail definition could be employed if the agency is weighing rules – for instance –...
Retail Sales Flat, But External Factors May Take A Bite Out Of Holiday
Retail sales remained flat from August to September but external factors may impact spending this … [+] holiday season (Photo by Spencer Platt/Getty Images). Getty Images Retail sales remained f...
“Desperation in the Air” as the Great Retail Destocking Picks Up Steam
“Desperation in the Air” as the Great Retail Destocking Picks Up Steam getty The retail industry’s inventory glut has metastasized into a significant drag on the US economy, depressing economic growth...
Kroger’s $24.6 Billion Purchase of Albertsons to Create a Grocery Giant
Grocery giant Kroger said it was acquiring rival Albertsons in a roughly $24.6 billion tie-up that will help drive profitability and establish a larger footprint of nearly 5,000 stores. Kroger (ticker...
These 11 stocks can lead your portfolio’s rebound after the S&P 500 ‘earnings recession’ and a market bottom next year
This may surprise you: Wall Street analysts expect earnings for the S&P 500 to increase 8% during 2023, despite all the buzz about a possible recession as the Federal Reserve tightens monetary pol...