Top Stories This Week Sam Bankman-Fried: ‘I didn’t steal funds, and I certainly didn’t stash billions away.’ In a “pre-mortem overview” of FTX’s bankruptcy, Sam Bankman-Fried denied allegations of improper use of customer funds stored with the crypto exchange, attributing responsibility for the company’s dramatic fall to the market crash of 2022 and Binance CEO
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The White House said on Saturday it had discovered more sensitive documents at Joe Biden’s home in Wilmington, Delaware, piling political and legal pressure on to the US president. In a statement, Richard Sauber, Biden’s special counsel, said he had found five pages of classified material in a room adjacent to the garage of the
Solana surged by as much as 30% on Saturday, setting a fresh multi-month high in the process. The move comes as cryptocurrency markets were significantly bullish to start the weekend, with the global market cap 8.28% higher as of writing. Shiba inu was trading at its strongest point since November. Solana (SOL) Solana (SOL) was
Just off the coast of Miami Beach, on ultra-exclusive Fisher Island, there is one crane on one construction site. It is the last plot of land available for development and an unlikely bet on luxury real estate at a time when the housing market appears to be in freefall. Jorge Perez, also known as “the
A masked family walks past Cinderella Castle in the Magic Kingdom, at Walt Disney World in Lake Buena Vista, Fla. Orlando Sentinel | Tribune News Service | Getty Images Activist investor Nelson Peltz plans to mount a proxy fight for a seat on Disney’s board. Disney offered Peltz, founding partner of Trian Fund Management, a
Here is what investors need to know about exponential growth in cloud computing and the two ETFs in the space First Trust Cloud Computing ETF: https://www.zacks.com/funds/etf/SKYY/profile?cid=CS-YOUTUBE-FT-VID GLBL-X CLD CPU: https://www.zacks.com/funds/etf/CLOU/profile?cid=CS-YOUTUBE-FT-VID Microsoft: https://www.zacks.com/stock/quote/MSFT?cid=CS-YOUTUBE-FT-VID Amazon: https://www.zacks.com/stock/quote/AMZN?cid=CS-YOUTUBE-FT-VID Zynga: https://www.zacks.com/stock/quote/ZNGA?cid=CS-YOUTUBE-FT-VID VMWare; https://www.zacks.com/stock/quote/VMW?cid=CS-YOUTUBE-FT-VID Facebook: https://www.zacks.com/stock/quote/FB?cid=CS-YOUTUBE-FT-VID Zscaler: https://www.zacks.com/stock/quote/ZS?cid=CS-YOUTUBE-FT-VID Coupa Software: https://www.zacks.com/stock/quote/COUP?cid=CS-YOUTUBE-FT-VID
Ethereum layer-2 scaling protocol Polygon (MATIC) is carrying out performance testing of zero-knowledge rollup (zk-Rollups) technology ahead of full integration with its mainnet. The development of the technology, called Polygon zkEVM (Ethereum Virtual Machine), has been ongoing for over three years by the Polygon Hermez team. The team has already confirmed that zero-knowledge proofs are
In this article CPA JPM WEN DAL LMT SPCE Follow your favorite stocksCREATE FREE ACCOUNT A sign is posted in front of a Wendy’s restaurant on August 10, 2022 in Petaluma, California. Justin Sullivan | Getty Images Check out the companies making headlines in midday trading. JPMorgan – Shares of the biggest U.S. bank by
To live in the Mexican town of San Miguel de Allende is to live close to the past as well as the very vibrant present. Authentic Spanish-Colonial buildings — brightly painted along picturesque cobblestone streets — and period churches have forged the town’s reputation as a must-see destination for world travelers. The 64-block city center
Global bond markets posted a powerful rebound in the first fortnight of 2023, fanning investors’ hopes that last year’s fixed-income retreat is over. Bonds are on track for their best January performance in more than three decades, spurred by a growing conviction that inflation has peaked on both sides of the Atlantic. The Bloomberg Global
Municipals were a bit stronger Friday as traders geared up to see a rather healthy slate of new issues head to market during a holiday-shortened trading week. Volume for the upcoming week is estimated at $8.34 billion, consisting of $6.30 billion of negotiated deals and $2.04 billion of competitive sales. The biggest deal of the
Maine Gov. Janet Mills’ proposed biennial budget for fiscal years 2024-2025 seeks to continue a public infrastructure overhaul started in her first term without raising taxes or touching reserve accounts. Instead, it frees up billions in new infrastructure spending by taking advantage of the state’s unexpectedly high estimated revenue of $10.5 billion in addition to
The Municipal Securities Rulemaking Board’s revenues took a hit in 2022, reflecting a tough year for the municipal bond business as underwriting fees fell sharply. That’s according to the MSRB’s 2022 Annual Report, which showed the board’s total assets in 2022 drop to $68 million, down from $78.5 million in 2021 and $83.1 million in
A question mark looms large this year over whether hospitals and health systems will see sufficient recovery from 2022’s operating wounds to spare them from rating and outlook deterioration, rating agencies warn. The not-for-profit hospital sector suffered bruising margin wounds last year as it confronted inflationary costs along with ongoing supply-chain issues, labor shortages and
Plans for a youth sports destination in Arizona to refinance its way out of financial trouble have yet to come to fruition, and the clock appears to be ticking. Bell Bank Park, which opened on schedule in January 2022 and publicly claims to be a smash success, with 4.3 million guests in its first year,
New York City’s $102.7 billion fiscal 2024 budget is balanced and maintains a record level of reserves while holding spending in check even as economic uncertainty casts a shadow over the city’s recovery from the COVID-19 pandemic. Still analysts bemoaned the lack of additional monies for the rainy-day fund, especially with potential budgetary challenges from
Bitcoin (BTC) stayed near $19,000 at the Jan. 13 Wall Street open as traders hoped a week of swift gains would stick. BTC price “breakout or fakeout remains to be seen” Data from Cointelegraph Markets Pro and TradingView showed BTC/USD crisscrossing the $19,000 mark as United States equities began trading. The pair rapidly took out
According to Merriam-Webster, an industrial park is “an area of a town or city that is designed especially for factories or offices.” Many industrial parks are just that and nothing more. But a select number of industrial parks nationwide are now pushing the boundaries of what such a development has been or could be. Two
In this article WFC JPM DAL TSLA SPCE BAC .BBKA Follow your favorite stocksCREATE FREE ACCOUNT A person enters the JPMorgan Chase headquarters in New York, June 30, 2022. Andrew Kelly | Reuters Check out the companies making the biggest moves in the premarket: JPMorgan — The bank reported fourth-quarter earnings and revenue before the
Kevin Matras goes over an options strategy to make money when a stock is going sideways.
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