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Top Stories This Week SBF sent home after his parents put up their house to cover his astronomical bail bond Sam Bankman-Fried will spend the holidays with his family in Palo Alto, California, after his parents secured $250 million in bail funds with the equity in their home. Among the conditions of the bail are
Brian Cox, CEO of SurgePays, Inc. SURG was recently interviewed by Benzinga. SurgePays brings critical technology and financial services to the underbanked and underserved. The company is dedicated to serving these communities that lack access to traditional banking and financial services. The company is currently in growth mode and has removed its self-imposed throttle. Watch
Senate Minority Leader Mitch McConnell (RKy.), who excoriated then-President Donald Trump’s conduct before and during the January 6, 2021, riot at the U.S. Capitol, nevertheless voted to acquit him after he was impeached for that conduct. By that point, Trump had left office, and McConnell said he had concluded that the Senate did not have
Giants under attack — Meta and Alphabet lose dominance over US digital ads market Long-held duopoly that rules the $300 billion market is hit by growing competition. Patrick McGee, Financial Times – Dec 23, 2022 3:22 pm UTC EnlargeSOPA Images via Getty reader comments 92 with 0 posters participating Share this story Share on Facebook
Jeremy Blosson, Cofounder and CEO of Strikepoint Media, moderated the panel The Key To Winning Customers In Bear Markets" at Benzinga's Fintech Deal Day. Earlier this year, amid growing concerns of a recession, platforms were dealing with a crisis of confidence. After the FTX fiasco, platforms are now facing a crisis of trust. The panel
Nelson Chu, founder and CEO of Percent, shared some insights about his company at Benzingas Fintech Deal Day. Percent has created a sound infrastructure software approach to alternative and private investing. For the past four years, they have primarily been concerned with underwriting as they geared up for a three-sided market option. Chu reports that
No admission of wrongdoing, natch — Meta to pay $725 million to settle Cambridge Analytica lawsuit Data harvested by Cambridge Analytica was used for political campaigns. Eric Bangeman – Dec 23, 2022 3:50 pm UTC EnlargeDaniel Leal / Getty Images reader comments 81 with 0 posters participating Share this story Share on Facebook Share on
Several new high-end developments have come to the downtown district of Quebec’s largest city in recent years, delivering penthouse-caliber luxury to the center of a city steeped in history and tradition. In 1111 Atwater, Le Sherbrooke, The Ritz-Carlton Residences, Montreal, Victoria Sur Le Parc and 1 Square Phillips, current and future residents have the opportunity
Bitcoin (BTC) entered the Christmas holiday period unchanged at $16,800 as an eerie lack of volatility persevered. Hopeful price target sees Bitcoin at $17,400 Data from Cointelegraph Markets Pro and TradingView confirmed another day of an almost imperceptible range for BTC/USD just below $17,000. The pair had struggled to break out despite multiple potential catalysts
Here’re five options strategies that every trader and investor should know. Depending on your trading style, you’re going to use these strategies or not. But you must know these strategies because you need to be more flexible during different market conditions. #optionstrategies #tradingoptions #optionsbutterflies #ironbutterflies #ironcondor ? Video Chapters 00:00 Introduction 01:30 Covered Calls 02:39
Todd Bunton, CFA, Growth & Income Stock Strategist at Zacks Investment Research, discusses a stock that might be worth a closer look by investors: DineEquity (DIN). This restaurant company recently delivered solid second quarter results, driven by the strongest same-store sales growth at its IHOP brand in over a decade. Analysts revised their estimates higher
From an outside perspective, 2022 has been a rollercoaster ride for crypto. The market reached a total valuation of $3 trillion during the bull market of 2021, only to scale back to its current level of around $810 billion. While this poor performance can be partly attributed to the pervading macroeconomic environment — compounded by
Georgia backers of an economic development deal with electric automaker Rivian are meeting continued resistance from a group of residents suing to stop its planned factory. In October, a county judge denied validation of the up to $15 billion in payment in lieu of taxes revenue bonds planned as part of the incentive structure for
Municipals were steady Friday ahead of a week with no new deals slated. U.S. Treasuries sold off out long and equities were up near the end of the session. Muni-UST ratios were steady Friday. The three-year muni-UST ratio was at 60%, the five-year at 64%, the 10-year at 68% and the 30-year at 92%, according
The Puerto Rico Oversight Board defended its latest actions in the Puerto Rico Electric Power Authority bankruptcy and rejected bondholder and unsecured creditor challenges to its proposals. The urgent motion filed Dec. 16 was “purely administrative in nature,” requesting the scheduling of a disclosure statement hearing, deadlines for briefing on the disclosure statement and the
Abundant oil and natural gas taxes are pouring into New Mexico’s general fund, boosting revenue projections and sparking concerns over the fiscal impact of a future downturn in the state’s fossil fuel industry. The state’s latest consensus forecast lifted general fund revenue for fiscal 2023, which began July 1, $928 million above an August forecast
In this article AVO NTNX TSLA Follow your favorite stocksCREATE FREE ACCOUNT A Tesla service and sales center is shown in Vista, California, June 3, 2022. Mike Blake | Reuters Check out the companies making headlines in midday trading Friday. Energy — Energy stocks outperformed on the S&P 500 following a rise in oil prices,
The New York Metropolitan Transportation Authority Board approved a $19.2 billion budget for 2023 and a four-year financial plan. The budget includes a 5.5% fare increase for next year and envisions a 4% increase in 2025. “I’ve been talking about the financial crisis facing the MTA for many months,” MTA Chair and CEO Janno Lieber said
Bitcoin (BTC) is on track to end the year with a loss of about 65%. This would mark the third negative year for Bitcoin, with the other two being 2014 and 2018. In comparison, the S&P 500 has fared much better, but it is also down close to 20% in 2022. Although cryptocurrency prices have seen deep