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Thursday, March 28, 2024
Banking Brief: Illinois Significant Compliance Updates in Q3 2023

Investors Pulled out a Record $42 Billion from Stocks, Says Bank of America

Investors pulled out a record amount of money from stocks last week as part of a financial strategy that lowers tax bills, Bank of...
Jerome Powell Chair Of The Federal Reserve Of The United States

Here’s Why Wall Street Blames the Fed for the Market Crash, and the Looming...

Soaring inflation and a hawkish Federal Reserve have wreaked havoc on markets this year. While some are confident stocks will recover once the Fed...
Lenox, Massachusetts

An FTX Exec Invested $6 Million in a Massachusetts town, a Local Official Is...

The 5,000-resident town of Lenox, Massachusetts, is closely following the FTX downfall because one of the crypto behemoth co-CEOs owns a significant portfolio of...
Stock market Wall Street

US Stocks Close Higher while the S&P 500 Continue Its Losing Streak

US stocks surged Friday as investors, but the S&P 500 closed out the last full trading week of 2022 with another loss.   Among the sectors...
Cryptocurrencies - Digital art

Crypto Exchanges Are Not Following the Rules, Says CFTC Chair Timothy Massad

Lack of regulation is not the problem with crypto, in fact, exchanges are not following rules that are already in place, according to former...
Stock Market News

John Hussman Expects a “Far Deeper Retreat” For The Stock Market In 2023

The 20% loss the S&P 500 has endured this year made investors search for a bottom.  But for John Hussman, this is only the beginning.   Hussman,...
Metaverse World via Unsplash by - Julien Tromeur

One Meta Employee Will Be Working From a Cruise Ship Condo While Traveling The...

A Meta employee purchased a 12-year lease for a cruise ship condo so he could work remotely while seeing the world, a report says. CNBC...
Bitcoin cryptocurrency - Art by Rochdi Rais

Cryptos Can Survive If Players Stop Lighting Each Other Up On Twitter, Says SkyBridge...

Cryptocurrencies have been "cut to ribbons" in the wake of FTX's implosion, but it can be re-born if players stop lighting each other up...
Bill Gross

Further Interest Rate Hikes Will Roil Markets, Says Billionaire Bill Gross

Famed investor Bill Gross said he sees mayhem ahead if the Federal Reserve keeps increasing interest rates. “The economy has been bolstered by tremendous amounts...
Sam Bankman-Fried

Sam Bankman-Fried Returns to U.S. To Face Criminal Charges

FTX’s disgraced founder Sam Bankman-Fried signed extradition papers in the Bahamas and will fly to the U.S. on Wednesday, a Bahamas prison official told...

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Bungie and YouTuber Resolve False Copyright Infringement Dispute

Bungie and YouTuber Resolve False Copyright Infringement Dispute

In a dramatic turn of events, the legal battle between gaming giant Bungie Inc. and online gamer Nicholas Minor, famously known as Lord Nazo,...