Sam Bankman-Fried reportedly denies fleeing to Argentina, says he’s still in the Bahamas
Sam Bankman-Fried told Reuters he is still in the Bahamas, as rumors swirled overnight that the ex-CEO of the now-bankrupt FTX had run off to South America.
JPMorgan predicts the best long-term 60/40 portfolio returns in more than a decade
JPMorgan is forecasting a 7.2% annual return for the portfolio of 60% stocks and 40% bonds over the next 10 to 15 years.
FTX says it is investigating ‘unauthorized transactions’
Collapsed crypto exchange FTX said it was moving funds into offline storage following a series of “unauthorized transactions.”
Mark Kelly wins Arizona Senate race, bringing Democrats one seat away from majority, NBC News projects
Incumbent Sen. Mark Kelly, who was elected in 2020 to finish the late Sen. John McCain’s term, defeated his Republican challenger Blake Masters in Arizona.
This week’s best performers include one telecom stock expected to nearly double from current levels
These stocks are on track for the best week-to-date change in the S&P 500.
Biden, slamming Putin’s weaponization of fossil fuels, outlines new climate funding pledges
President Joe Biden took aim at President Vladimir Putin Friday, saying that Russia’s war in Ukraine must not thwart global efforts to combat climate change.
Sam Bankman-Fried steps down as FTX CEO as his crypto exchange files for bankruptcy
Alameda Research and approximately 130 additional affiliated companies are part of the voluntary proceedings.
Crypto peaked a year ago — investors have lost more than $2 trillion since
In the 12 months since bitcoin peaked at over $68,000, the crypto trade has unwound, sending many coins to zero and hedge funds and lenders into bankruptcy.
Southeast Asia leaders kick off ASEAN summit in Cambodia
Cambodia’s secretary of state said that ASEAN remains neutral in U.S.-China relations and is committed to establishing peaceful co-existence in the region.
