WASHINGTON (Reuters) – Some former FTX customers expressed anger and disappointment on Thursday after Sam Bankman-Fried, the crypto exchange’s former billionaire boss, was sentenced to 25 years in prison for stealing $8 billion from customers. “25 years is a joke,” a member of an FTX…
Gold price soars to all-time high of $2,225, defying rising Treasury yields and a robust US Dollar. Fed Governor Waller’s hawkish comments and upbeat US data were no excuse for the advance in Gold and the US Dollar. Market anticipation builds for the upcoming release of the Fed’s Core PCE…
Ethereum co-founder Vitalik Buterin has proposed a new framework to incentivize Ethereum decentralization by penalizing correlated failures among validators. According to the research proposal submitted by Buterin, large-scale staking groups, and organizations have an undue advantage over smaller players, creating an imbalance in the decentralized staking sector. “The theory is…
Every weekday, the CNBC Investing Club with Jim Cramer releases the Homestretch — an actionable afternoon update, just in time for the last hour of trading on Wall Street. (We’re no longer recording the audio, so we can get this new written feature to members as quickly as possible.) Markets:…
A Republican state representative in Michigan, Rep. Matt Maddock, claimed on social media on Wednesday night that he had photo evidence of “illegal invaders” arriving at Detroit Metro Airport. One of the two photos Maddock posted on the platform called X, formerly known as Twitter, showed an Allegiant Air plane. The other…
Would you believe, my fellow contrarian, that most of our vanilla income friends settle for utility dividends that pay quarterly? Ha! Unfortunately (for them) that’s no typo. There are millions of investors just like them who are OK being paid every 90 days. Yes, ninety! Obviously, they don’t read highbrow…
By Valerie Volcovici WASHINGTON (Reuters) – Over half of U.S. landfills observed…
Editor's Choice
In its largest acquisition ever, Home Depot is expanding its business targeting…
Just In
While the spotlight often falls on Asia and North America when discussing…
POLITICS
View MoreThe Department of Education recently made major changes to simplify the Free Application for Federal Student Aid, known as the FAFSA, but the rollout has been bumpy. The form wasn’t widely made available until January, about three months later than usual. Since then, families have experienced many glitches, and the government didn’t start sending students’ financial aid information to colleges until mid-March. Now, many students are in limbo, waiting to receive financial aid award letters from colleges before deciding where to enroll next fall and whether they can afford it.
Attorneys for Hunter Biden and special counsel David Weiss are set for a courtroom showdown Wednesday over the future of his felony tax indictment. Weiss charged President Joe Biden’s son…
Even before most Americans woke up Tuesday morning to news of the collapse of the Francis Scott Key Bridge in Baltimore, wild conspiracy theories about what supposedly had “really” happened were…
Judge to consider if Trump can throw out Georgia election subversion case on First Amendment grounds
For the first time since a judge ruled that Fulton County District Attorney Fani Willis can continue to oversee the Georgia 2020 election interference case against former President Donald Trump,…
Markets
View MoreInvesting.com – Germany stocks were mixed after the close on Thursday, as gains in the , and sectors led shares…
Finance
View MorePalmer Luckey says his defense tech startup is working on weapons that could change warfare. Anduril specializes in autonomous drones, weaponry and surveillance devices.As AI-powered weapons advance,…
We Recommend
(Reuters) – President Volodymyr Zelenskiy told the speaker of the U.S. House…
Investing
Editor’s Note: A version of this article first appeared in the “Reliable Sources” newsletter. Sign up for the daily digest chronicling the evolving media landscape here. What is Brian Roberts going to do? The Comcast boss is watching an unceasing five-alarm fire rage at 30 Rock, scarring the reputation of NBC News…
Economy
PARIS/SHANGHAI (Reuters) – China’s commerce minister will travel to Europe in April…
Fintech
I never really thought about retirement. Then, suddenly, it was 2018 and…