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In a wide-ranging interview with The New York Times, the former FTX chief says he has almost no money left. Source
An aerial view of Apple Park is seen in Cupertino, California, United States on October 28, 2021.Tayfun Coskun | Anadolu Agency | Getty ImagesTwitter owner Elon Musk said he went to Apple's headquarters and met with Apple CEO Tim...
Nov. 30, 2022, 5:08 p.m. ETNov. 30, 2022, 5:08 p.m. ETVideoAlameda Research, a small trading firm that Sam Bankman-Fried founded in 2017 at the age of 25, was the start of his crypto empire — and its undoing.Alameda’s need...
WASHINGTON – Federal Reserve Chairman Jerome Powell confirmed Wednesday that smaller interest rate increases are likely ahead even as he sees progress in the fight against inflation as largely inadequate.Echoing recent statements from other central bank officials and comments...
NEW YORK, Nov 30 (Reuters) - U.S. Treasury Secretary Janet Yellen on Wednesday said recent turmoil in the cryptocurrency market has not spilled over to the banking sector, but she remained skeptical about the industry and believed it needed...
FRANKFURT, Nov 30 (Reuters) - Bitcoin is being artificially propped up and should not be legitimised by regulators or financial companies as it is more akin to gambling, the European Central Bank said on Wednesday.Bitcoin and other cryptocurrencies have...
Markets track the latest inflation data out of the euro zone ahead of a new ECB meeting.Julien De Rosa | Afp | Getty ImagesInflation in the euro zone slowed slightly in November, according to preliminary figures out Wednesday, with...
Key eventsSoaring food prices unfairly hit poorest hardestSoaring food prices hit the poorest hardest, as they spend a greater proportion of their income on essentials such as food and energy.They could also spur the Bank of England to raise...
SYDNEY, Nov 30 (Reuters) - A look at the day ahead in European and global markets from Wayne Cole.So Tuesday's bout of post-pandemic euphoria in Chinese markets has cooled today, perhaps a recognition of just how long it will...
Thanksgiving weekend saw record shopping, but it wasn’t all good … the massive ripple effects of Chinese lockdowns … why Louis Navellier remains very comfortable with his energy bet   Is the glass half-empty or half-full?Actually, let’s rephrase…Is the U.S. consumer’s...

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