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New York News December 13, 2022

FTX’s Sam Bankman-Fried Faces 8 Criminal Charges

US federal prosecutors in New York have charged former FTX CEO Sam Bankman-Fried with eight criminal charges, including fraud for allegedly using FTX funds to support his crypto hedge fund…

By – Rochdi Rais
Latest news
New York News December 13, 2022
Biggest Market Movers Midday: Moderna, Pfizer, United Airlines and More

Here are the biggest market movers midday. Moderna – The drugmaker saw its stock soar more than 22%…

By Rochdi Rais
New York News December 13, 2022
Elon Musk Is No Longer the Richest Man In The World

Tesla CEO Elon Musk is no longer the wealthiest person in the world. He dropped that title to…

By Rochdi Rais
New York News December 13, 2022
Moderna Stock Soars 24% Following Promising Results From a Cancer Treatment Trial

Shares of Moderna skyrocketed more than 24% on Tuesday after the company announced mouth-watering results from a cancer…

By Rochdi Rais
New York News December 12, 2022
Tesla Will Face More Pressure From Activist Investors, According to Wedbush Analyst Dan Ives

Tesla and Elon Musk could see increased pressure from activist investors in 2023, according to a Monday note…

By Rochdi Rais
New York News December 12, 2022
UK Calls for “Urgent International Action” After Near-Implosion of UK Pension Funds

The Bank of England on Tuesday called for “urgent international action” from regulators on non-bank financial institutions after…

By Rochdi Rais
New York News December 12, 2022
Binance Halts Withdrawals As the FTX Implosion Continues To Weigh Down on Crypto Market

Binance, the world’s largest cryptocurrency exchange, said Tuesday it is halting withdrawals of the stablecoin USDC while it…

By Rochdi Rais
New York News December 12, 2022
Stocks Soar As Investors Cheer the November Consumer Price Index Reading

US stocks climbed Tuesday as investors were motivated by the November Consumer Price Index reading, which showed headline…

By Rochdi Rais
New York News December 12, 2022
The Fed Won’t Pivot From Its Monetary Tightening ,According to Former Treasury Secretary Jacob Lew

Do not expect the Federal Reserve to ease its monetary policy on signs of cooling inflation.  That’s according…

By Rochdi Rais
New York News December 12, 2022
Wagner group operations center hit by Ukraine forces 

A headquarters of Russia’s mercenary Wagner group has been struck in the Luhansk Oblast region. According to Ukrainian officials, losses…

By Jackie Allen
New York News December 10, 2022
Kroger and Albertsons merger faces scrutiny by Congress and FTC 

The merger of retail giants Kroger and Albertsons is being closely scrutinized by Congress and the FTC. The…

By Jackie Allen

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