Tuesday, November 15, 2022

How the crypto fallout could affect you

The crypto industry is still reeling from last week's shocking death spiral of digital currency exchange FTX. The company's bankruptcy filing has left financial backers in the lurch — including the usual suspects in Silicon Valley, from Masayoshi Son's SoftBank to VC firm Sequoia.
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How the crypto fallout could affect you
The crypto industry is still reeling from last week's shocking death spiral of digital currency exchange FTX. The company's bankruptcy filing has left financial backers in the lurch — including the usual suspects in Silicon Valley, from Masayoshi Son's SoftBank to VC firm Sequoia. Read more »
 
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Bankrupt crypto exchange FTX may have over 1 million creditors as 'dozens' of regulators probe collapse
Bankrupt crypto exchange FTX could have more than 1 million creditors and has been in contact with "dozens" of regulators around the world, according to court documents, underlining the far-reaching impact from the stunning collapse of one of the industry's biggest players. Read more »
 
Inflation is cooling, and Wall Street loves it
Stocks surged Tuesday morning after the US government reported that wholesale prices rose at a far less dramatic rate than expected. That news come just a few days after another report showed that the pace of consumer price increases was also slowing. Read more »
 
Home Depot customers are spending more, but that's mainly due to inflation
Good news for home improvement retail giant Home Depot: Sales were up nearly 6% from a year ago, topping Wall Street's forecasts. Earnings were better than expected too. Read more »
 
 
 
 
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