From crypto busts and scandals to the bursting of the SPAC bubble, 2022 was a wild time in the world of finance. It also marked the first full year on the job for President Joe Biden’s watchdogs.
US District Judge Ronnie Abrams recused herself from the Samuel Bankman-Fried case, saying her husband is a partner at a law firm that advised the bankrupt crypto exchange FTX.
Fontainebleau Las Vegas, the long-delayed resort being built along the city’s famous Strip, secured a $2.2 billion loan to complete construction.
The Jan. 6 panel recommended Congress take steps to bar Donald Trump from holding office again, but legislation it cites failed to advance in the US House this year and will almost certainly go nowhere when Republicans take over next month.
The US Congress passed and sent to President Joe Biden a sweeping government funding bill that includes $47 billion for Ukraine.
The yen looks to be losing its appeal as the currency of choice to fund so-called carry trades, with speculators cutting bearish bets on it to the lowest level in nearly four months in the wake of this week’s shock move by the Bank of Japan.
North Korea fired two suspected short-range ballistic missiles Friday ahead of a major political meeting to set policy for the new year, after ratcheting up tensions with a record number of launches in 2022.
US stocks ended Friday’s session with gains as investors digested data showing inflation is continuing to ease and the Federal Reserve’s rate hikes are serving their purpose.
Amazon.com Inc. is trying to sell excess space on its cargo planes, according to people familiar with the matter, its latest effort to adjust from a rapid pandemic-era expansion to a slowdown in online growth.
The largest US marijuana company received hundreds of millions of dollars in financing from Roman Abramovich during its early years, but the Russian billionaire exited long ago, Curaleaf Holdings Inc. Executive Chairman Boris Jordan said in response to a media report.
