Bankrupt FTX Hit by Mysterious Outflow of About $662 Million
Sat, Nov 12th 2022 at 8:03 am
Frieds bankrupt digital-asset exchange FTX was hit by a mysterious outflow of about $662 million in tokens in the past 24 hours, ...
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U.S. Seeks Closer Ties With India as Tension With China and Russia Builds
Sat, Nov 12th 2022 at 5:17 am
This article has been revised to reflect the following correction: An earlier version of this article misattributed a quotation about ...
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How FTX's Sam Bankman-Fried Went From Crypto Golden Boy to Villain
Sat, Nov 12th 2022 at 12:47 am
The founder of the crypto exchange, until recently seen as a steady hand in the Wild West of digital assets, ...
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US Stock Rebound Has Room to Run, Morgan Stanley Says
Fri, Nov 11th 2022 at 6:04 pm
Morgan Stanleys Mike Wilson, a well-known stock market skeptic who correctly predicted this years slump, says the recent rally in ...
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Crypto's Lehman moment: Here's how Sam Bankman-Fried's FTX compares to the biggest collapse of the Global Financial Crisis
Fri, Nov 11th 2022 at 5:45 pm
"The crypto ecosystem has been made fragile by leverage and interconnectedness, just as the traditional financial system was in 2008."
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Home equity line of credit and home equity loans: 'Right tool at the right time'
Fri, Nov 11th 2022 at 5:02 pm
Homeowners are sitting on an estimated $20 trillion worth of home equity, boosting thedemand for home equity lines of credit and ...
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Inflation slowdown? Not in some cities, where consumer prices still top 12%
Fri, Nov 11th 2022 at 4:59 pm
Inflation moderated slightly in October, but certain parts of the country continued to see consumer price rates above 10%, according to ...
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You need to understand the FTX debacle even if you have no investments in crypto
Fri, Nov 11th 2022 at 4:41 pm
The sudden collapse of FTX, the worlds third-largest cryptocurrency exchange, underlines how important it is for any investor to learn ...
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Stock market news live updates: Stock rally takes breather after biggest one-day surge since 2020
Fri, Nov 11th 2022 at 2:35 pm
Treasury yields held steady after their steepest one-day decline Thursday in more than a decade. A reversal in China's Zero-COVID ...
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FTX files for bankruptcy, CEO Bankman-Fried resigns
Fri, Nov 11th 2022 at 2:34 pm
FTX filed for Chapter 11 bankruptcy in the U.S. after a week that rocked the crypto world and is putting ...
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U.S. stocks could rally another 25% now that Fed no longer has 'back against the Wall' in inflation fight
Fri, Nov 11th 2022 at 2:28 pm
One of Wall Street's most implacable bulls has laid out his argument for why he thinks U.S. stocks can ...
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Carl Icahn warns inflation isn't over - and reveals he was building an activist stake in Twitter before Elon Musk's takeover
Fri, Nov 11th 2022 at 1:01 pm
The investor urged the Fed to keep hiking interest rates, teased past bets against crypto, and said he might have ...
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Condemnation lawsuit over Westport land sought for high-speed rail project between Baltimore and D.C. could move quickly to trial
Fri, Nov 11th 2022 at 1:00 pm
A Baltimore Circuit Court judge plans to move quickly to resolve a legal dispute over a large waterfront tract in ...
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Stock market news live updates: Stock futures rise after biggest rally since 2020
Fri, Nov 11th 2022 at 11:59 am
Futures tied to the S&P 500 rose 0.5%, while futures on the Dow Jones Industrial Average added 165 points, or about the ...
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Citi says investors have up to six weeks to keep squeezing the bears after the inflation surprise
Fri, Nov 11th 2022 at 11:43 am
It looks like there's a long runway between now and any data or Fed announcement that could derail a rally, ...
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FTX's fortunes fell off a cliff in a matter of days. Here's what experts think the company's fiasco could mean for the future of crypto.
Fri, Nov 11th 2022 at 11:40 am
Fried's crypto exchange, FTX, may spur action toward industry regulation and should be a warning to investors.
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In nation's energy capital, 45% of Texans cut spending on basics to pay for energy bills
Fri, Nov 11th 2022 at 11:30 am
Texas may be the nations energy capital, but Texans arent getting a break on their energy bills and many are ...
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Qatar World Cup Set to Defy Controversy and Break Revenue Record
Fri, Nov 11th 2022 at 11:29 am
The upcoming football World Cup in Qatar is expected to shrug off controversies over the host nations human rights conduct ...
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Warren Buffett's Berkshire Hathaway reveals it sold about $4 billion of US Bancorp stock - and likely scored a $600 million profit
Fri, Nov 11th 2022 at 10:53 am
Buffett's company has slashed its bet on US Bank's parent company by over 60% this year, cutting its stake from nearly 10% ...
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Bahamas freezes certain FTX assets, further crippling Sam Bankman-Fried's troubled crypto trading firm
Fri, Nov 11th 2022 at 8:39 am
The Securities Commission of the Bahamas said it's aware of statements suggesting FTX mishandled, mismanaged, or transferred to Alameda Research, ...
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