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Business July 11, 2022

How Three Arrows Capital Went From Being Worth $10 Billion To $0 In 3 Months

Three months ago, Three Arrows Capital managed about $10 billion in assets, making it one of the largest crypto hedges globally. Now the company, also known as 3AC, is headed…

By – Rochdi Rais
Latest news
Business July 11, 2022
Elon Musk Could Pay $28 Billion For Abandoning Twitter’s Deal, An Expert Says

Elon Musk could pay billions of dollars after terminating the Twitter purchase deal, an expert has warned. Scott…

By Rochdi Rais
Business July 11, 2022
Cryptocurrencies Should Be Regulated, Says Federal Reserve Vice Chair Lael Brainard

Federal Reserve Vice Chair Lael Brainard has joined the list of officials asking to regulate cryptocurrencies before the…

By Rochdi Rais
Business July 9, 2022
“We are BG” claims WNBA all-star players as Griner appears in a Russian court

On Thursday, WNBA star Brittney Griner,31, submitted an admission of guilt before a Russian court. In the US…

By Jackie Allen
Business July 9, 2022
Female Inmates attacked and raped by male inmates sue Clark County jail 

Last month, a lawsuit was filed against the Clark County jail in a US District Court in Indiana.…

By Jackie Allen
Business July 8, 2022
Bitcoin Is Heading To Its Best Week Since October, As Investors Regain Hope

The price of bitcoin had a small respite this week as investors hoped that the worst of the…

By Rochdi Rais
Business July 8, 2022
After Halting Withdrawals, Celsius Transfers 250,000 Wrapped Bitcoin To FTX Exchange

Lending platform Celsius has transferred nearly 25,000 Wrapped Bitcoin (wBTC), worth $528.9 million, to crypto exchange FTX, raising…

By Rochdi Rais
Business July 8, 2022
Twitter Stock Fell 4% After Elon Musk’s Buying Deal Becomes “In Serious Jeopardy”

Twitter stock fell 4% in pre-market trading on Friday after the Washington Post reported Elon Musk’s $44 billion…

By Rochdi Rais
Business July 8, 2022
US stocks plunge as Strong Jobs Report Puts The Fed On Track To Do More Rate Hikes

US stocks plummeted Friday as the June jobs report came in above expectations,  paving the way for more…

By Rochdi Rais
Business July 8, 2022
Mortgage Rates Are At Their Biggest Weekly Drop Since 2008, Freddie Mac says

US mortgage rates posted their largest one-week drop since 2008, Freddie Mac recently reported.  The average rate on…

By Rochdi Rais
Business July 8, 2022
Only A Deep Recession Can Tame High Prices, Says Bank of America

Inflation has proven that it’s persistent, and a deep recession is required in order to tame the high…

By Rochdi Rais

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