Pour one out for the beleaguered economists, who for once got an important indicator, the consumer price index, right on the nose, after CPI fell 0.1% in December, while core Read more
Tag: Financial Investment Services
Genesis, Winklevoss twins’ Gemini crypto venture charged by U.S. securities regulators
U.S. securities regulators on Thursday charged Genesis Global Capital LLC and Gemini Trust Company LLC for the unregistered offer and sale of securities to retail investors through the companies’ Gemini Read more
Silvergate lost more than $700 million selling assets to cover withdrawals during crypto selloff
The collapse of crypto exchange FTX sparked a run on Sivergate Capital Corp., forcing the bank to sell assets at a steep loss to cover some $8.1 billion in withdrawals. Read more
These 20 stocks were the biggest winners of 2022
Even during a year in which the S&P 500 index has declined 19%, with 70% of its stocks in the red, there are plenty of winners. Before showing you the Read more
These 20 energy stocks are worth a look if you think oil prices will soar in 2023
Harris Kupperman, the president of Praetorian Capital, made a couple of interesting calls heading into 2022. He predicted that stocks of the giant tech-oriented companies that led the bull market Read more
FTX co-founder Gary Wang, ex-Alameda CEO Caroline Ellison plead guilty to federal charges
On the same day that that the Bahamas extradited FTX co-founder and former CEO Sam Bankman-Fried to the U.S. to face criminal charges, two former executives at FTX and Alameda Read more
FTX founder Sam Bankman-Fried extradited to U.S. to face criminal charges
NASSAU, Bahamas — Bahamian authorities said Wednesday that former FTX CEO Sam Bankman-Fried has been extradited to the United States, where he faces criminal charges related to the collapse of Read more
Best stock picks for 2023: Here are Wall Street analysts’ favored choices
Following a sharp and sustained rise in interest rates, U.S. stocks have taken a broad beating this year. But 2023 may bring very different circumstances. Below are lists of analysts’ Read more
SEC charges Sam Bankman-Fried with defrauding investors in now-bankrupt FTX
The Securities and Exchange Commission on Tuesday charged Samuel Bankman-Fried with committing fraud after raising $1.8 billion from investors, as the U.S. government hammer came down on the founder and Read more