FTX co-founder Sam Bankman-Fried’s $250 million bail package is one of the largest in US history, but it doesn’t mean he actually has to put up that kind of money.
(Bloomberg) — Venezuela’s opposition voted to end Juan Guaidó’s so-called interim government, four years after the US and dozens of other countries lined up behind him in an attempt to oust President Nicolás Maduro.
The US government is preparing to drastically reduce its role in fighting the Covid-19 pandemic even as an explosion of cases in China is raising fresh concern about the virus within the Biden administration.
US stocks dropped on Thursday as investors digested data validating the Federal Reserve’s assertion that the economy is robust enough to withstand more tightening. Technology stocks were battered after a gloomy outlook from chipmaker Micron Technology Inc. weighed on sentiment.
The Communist Party’s propaganda machine has rapidly shifted gears on Covid messaging
New Jersey’s new law restricting where people can carry concealed weapons is being challenged by a gun-rights group over claims it violates the Second Amendment — the latest clash over firearms amid a continued wave of mass shootings in the US.
Technology stocks are headed for their worst December since the bursting of the dotcom bubble two decades ago as optimism about potential relief from Federal Reserve interest-rate hikes fades on signs of labor-market strength.
Core Scientific Inc. surged by a record 73% on Thursday just a day after the Bitcoin miner became the latest cryptocurrency company to file for bankruptcy.
(Bloomberg) — There weren’t many trades that hit in a bruising year on Wall Street. Charles Lemonides nailed one of them.
Goldman Sachs Group Inc. is in discussions with investors about selling around $4 billion of subordinated debt that lenders backing the buyout of Citrix Systems Inc. have held for months, according to people with knowledge of the matter.
