Two associates of failed FTX boss Sam Bankman-Fried have pleaded guilty to criminal charges related to the collapse of the cryptocurrency exchange. Caroline Ellison, the former CEO of Alameda Research, and Gary Wang, who co-founded FTX along with Bankman-Fried, pleaded guilty to charges in connection with “their roles in the fraud that contributed to FTX’s collapse,”…
Sam Bankman-Fried Associates Plead Guilty to Charges in FTX Collapse
December 22, 2022
admin
Business & MarketsCompaniesCrime and IncidentscryptocurrencyeconomyFraudFTXInvestmentMarketsSam Bankman-FriedUSUS News
0 Comment
CCP Free to Target US Investors Under Biden Admin
December 20, 2022
admin
american stock marketBusiness & MarketsCCP (Chinese Communist Party)ChinaChinese Regimeeconomic policieseconomyEpochTVInvestmentinvestorJoe BidenLee SmithMarketsNational SecurityOver the TargetPolicies & ImpactsPoliticsU.S.A.USUS NewsUS-China relations
0 Comment
The Biden team is celebrating a new agreement with China to ensure Chinese Communist Party (CCP) companies on American stock exchanges abide by U.S. regulations. But don’t be fooled—CCP firms are beholden to Beijing, not shareholders. The big winners are U.S. financial giants, Biden donors, and the CCP. Big losers are individual U.S. investors more…
US Senate Advances $1.66 Trillion Government-Funding Bill
December 20, 2022
admin
Business & Marketscongresseconomyenergygovernment shutdowninflationInvestmentomnibus billPoliticsSpending billUSUS News
0 Comment
A $1.66 trillion government spending bill drew overwhelming bipartisan support in the U.S. Senate on Tuesday as lawmakers steered it toward passage before a weekend deadline to avoid a partial shutdown of federal agencies. Democratic and Republican negotiators agreed early Tuesday morning on the sweeping bill to fund the federal government through the end of…
CCP Free to Target US Investors Under Biden
December 20, 2022
admin
american stock marketBusiness & MarketsCCP (Chinese Communist Party)ChinaChinese Regimeeconomic policieseconomyEpochTVInvestmentinvestorJoe BidenLee SmithMarketsNational SecurityOver the TargetPolicies & ImpactsPoliticsU.S.A.USUS NewsUS-China relations
0 Comment
The Biden team is celebrating a new agreement with China to ensure Chinese Communist Party (CCP) companies on American stock exchanges abide by U.S. regulations. But don’t be fooled—CCP firms are beholden to Beijing, not shareholders. The big winners are U.S. financial giants, Biden donors, and the CCP. Big losers are individual U.S. investors more…
Kyle Bass: China’s Xi Intentionally Crashing Housing Market, Preparing for War
Dallas-based hedge fund manager Kyle Bass is predicting big economic issues for China throughout 2023, stemming from an overleveraged financial system, collapsing property market, and unsustainable birth rates. China, a nation accustomed to greater than 7 percent real GDP growth for the past 10 years, is seeing signs of economic sluggishness. “The volume of exports…
Congress Unveils Sweeping ‘Omnibus’ Funding Bill With $1.7 Trillion Price Tag
December 20, 2022
admin
Business & Marketscongresseconomyenergygovernment shutdowninflationInvestmentomnibus billPoliticsUSUS News
0 Comment
Lawmakers have at long last unveiled the legislative text of the huge $1.7 trillion “omnibus” government funding bill for all of fiscal year 2023, with apparent wins for both parties like boosting non-defense discretionary spending, while keeping restrictions on funding abortions. Senate Appropriations Committee Chairman Patrick Leahy (D-Vt.) released the bill (pdf) late Monday, urging…
Binance Faces Heavy Scrutiny as $22 Trillion Worth in Hidden Trades Are Found
December 19, 2022
admin
binanceBusiness & MarketsCompaniescrypto exchangecryptocurrencyeconomyFTXinvestigationInvestmentJudiciaryMarketsUS
0 Comment
Binance, the world’s biggest crypto exchange, is under heavy scrutiny as $22 trillion worth in hidden trades were found, according to a recent report. The exchange is currently attempting to drum up confidence after a surge in customer withdrawals and a massive drop in the value of its digital token, BNB, has it facing a reliability…
Insurance Companies Shun Clients With Links to FTX Due to High Contagion Risks
December 19, 2022
admin
Business & MarketsCompaniescryptocurrencycryptocurrency exchangeeconomyFTXInsurersInvestmentMarketsSam Bankman-FriedUSUS News
0 Comment
Insurance companies are now denying or limiting coverage to any clients who were exposed to FTX, after the cryptocurrency exchange collapsed last month, leaving creditors with more than $3 billion in losses. This has left many digital currency traders and exchanges uninsured from any losses due to hacks, theft, or lawsuits, as insurers propose new policy…
TSMC Surpasses Tencent as Highest Value Company in Asia, as Top Chinese Firms Drop From Global 500 Ranking
December 19, 2022
admin
AlibabaApple IncBusiness & MarketsChinaChina Business & EconomyeconomyFoxconnHurunHurun listInternationalInvestmentmarket capMarketsMediaTekstocksTaiwanTaiwanese companiesTencentTSMCvaluationWorld
0 Comment
Top Chinese companies have tumbled in market cap, with 12 firms dropping out of the 2022 Hurun Global 500, a list of the 500 most-valued, non-state-owned firms in the world. According to the 2022 report released by the Shanghai-based Hurun Research Institute on Dec. 9, the United States leads the world with a total of 260…
Forward Returns Will Disappoint Over the Next Decade
Commentary For many investors who started their investing journey following the financial crisis of 2008–09, forward returns will be disappointing compared to the last decade. But it won’t be solely due to high valuations. I recently discussed why the “Next Secular Bear Market” may have started, which touched on the issues of valuations and forward returns. To…
US News
RSS Error: A feed could not be found at `https://www.theepochtimes.com/c-us/feed`; the status code is `200` and content-type is `text/html; charset=utf-8`