Thursday, February 23, 2023

FTX founder Sam Bankman-Fried indicted on new criminal charges

Federal prosecutors announced new criminal charges against Sam Bankman-Fried, the founder of crypto trading platform FTX, expanding his potential liability in what authorities allege is a billion dollar fraud.
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FTX founder Sam Bankman-Fried indicted on new criminal charges
Federal prosecutors announced new criminal charges against Sam Bankman-Fried, the founder of crypto trading platform FTX, expanding his potential liability in what authorities allege is a billion dollar fraud. Read more »
 
401(k) balances rise, despite economic and market challenges
Despite higher prices, endless talk of a possible recession and falling markets, 401(k) participants managed to keep their savings rates relatively steady in the fourth quarter of last year, helping to stabilize their nest eggs and increase their overall average balances. Read more »
 
DOJ seeks court sanctions against Google over 'intentional destruction' of chat logs
Google should face court sanctions over "intentional and repeated destruction" of company chat logs that the US government expected to use in its antitrust case targeting Google's search business, the Justice Department said Thursday. Read more »
 
US mortgage rates rise for the third week in a row
Mortgage rates shot up for the third-straight week, as inflation concerns make rates more volatile. Read more »
 
Biden nominates former MasterCard exec Ajay Banga to lead World Bank
President Joe Biden has announced that he's nominating Ajay Banga, a former MasterCard executive, to serve as president of the World Bank. Read more »
 
The US economy grew less in the fourth quarter than previously believed
The US economy grew at a 2.7% annual rate in the final three months of the year, the Commerce Department reported Thursday. That's less than the previous estimate of 2.9% growth in the quarter. Read more »
 
 
 
 
Dow Nasdaq S&P
+108.82   +83.33   +21.27
33,153.91   11,590.40   4,012.32
+0.33%   +0.72%   +0.53%
YTD +0.02%   YTD +10.74%   YTD +4.50%
 
Biggest Winners
Quanta Services Inc +7.56%
 
Coterra Energy Inc +6.06%
 
Iron Mountain Inc +4.23%
 
Bath & Body Works Inc +3.99%
Biggest Losers
Domino's Pizza Inc -11.65%
 
General Motors Co -4.01%
 
Dollar General Corp -3.62%
 
DaVita Inc -2.93%
Hottest ETF
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NYSE Market Volume
NYSE Market Volume
Key Market Stats Latest Today's Change
Oil $75.68 +1.73 / +2.34%
Gold $1,829.70 -11.80 / -0.64%
10-yr 3.88% -0.04
Euro $1.06 -0.00 / -0.13%
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