BlockFi secret financials show a $1.2 billion relationship with Sam Bankman-Fried’s crypto empire
Bankrupt crypto lender BlockFi had over $1.2 billion in assets tied to Sam Bankman-Fried’s FTX and…
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Bitcoin jumps above $19,000 to highest level since November on cooling U.S. inflation
As traders bet on a U.S. inflation slowdown and digested news that lawyers for defunct crypto…
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Fed Officials See Higher Rates for ‘Some Time’ Ahead
According to minutes released Wednesday from the central bank’s December meeting, Federal Reserve officials are committed…
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Elon Musk sells another huge chunk of Tesla shares
According to a financial filing released Wednesday night, Tesla CEO Elon Musk sold about 22 million…
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Jamie Dimon says inflation-eroding consumer wealth may cause a recession next year.
According to Jamie Dimon, the U.S. economy could enter a recession next year due to inflation.…
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Stock Funds Rise Again but Remain Damaged
The stock market and U.S. stock funds rose for the second consecutive month. However, It is…
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Goldman Ceo David Solomon Says It’s Time To Be Cautious Because There’s a Good Chance Of a Recession
According to Goldman Sachs CEO David Solomon, the U.S. economy may be heading for a downturn…
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Fed’s Evans Says Fighting Inflation Is The Top Priority Even If That Means Job Losses
According to Chicago Federal Reserve President Charles Evans, the central bank remains committed to reducing inflation…
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Crypto Lender Nexo Gets u.s. Bank Charter After Buying Stake In Regulated Bank.
On Tuesday, cryptocurrency lender Nexo announced that it had acquired a stake in a federally regulated…
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Brokerage Industry Looks for Alternatives to Payment for Order Flow amid Sec’s Threatened Crackdown
Gary Gensler, SEC chair, urges the brokerage industry to look for alternatives to payment for order…
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