Is the stock market open on New Year’s Eve and New Year’s Day? This year, the answer to that question is no. That’s because both New Year’s Eve and New Year’s Day fall on a weekend this year. Typically, the stock market is open on Dec. 31 (if it falls on a weekday) and closed… Continue reading Is the Stock Market Open on New Year’s?
FTX’s Sam Bankman-Fried bought Robinhood stock using hundreds of millions of dollars from his trading firm Alameda Research
Disgraced FTX founder Sam Bankman-Fried took funds from his trading firm, Alameda Research, to buy Robinhood stock, court documents shows. Later, Alameda took out a loan and pledged those same shares as collateral, CoinDesk reported. SBF and FTX cofounder Gary Wang together borrowed over $546 million in promissory notes from Alameda in April and May.… Continue reading FTX’s Sam Bankman-Fried bought Robinhood stock using hundreds of millions of dollars from his trading firm Alameda Research
This 48-year-old FTX user who lost access to $120,000 plans to diversify into real estate and luxury collectibles – but hasn’t lost faith in crypto
This software developer has been investing in crypto for two years, and planned to use the FTX funds for his three childrens’ college education. He had roughly five bitcoin on his account, as well as a smaller position in Avalanche, which added up to about $120,000 based on November prices. “A good chunk of my… Continue reading This 48-year-old FTX user who lost access to $120,000 plans to diversify into real estate and luxury collectibles – but hasn’t lost faith in crypto
Sam Bankman-Fried reportedly avoided the typical sardine breakfast in Bahamas ‘Fox Hell’ prison in favor of toast and jam
Sam Bankman-Fried’s stint at a prison in the Bahamas reportedly included vegan meals.The Fox Hill prison located in Nassau typically serves grits and sardines for breakfast, and rice and beef for lunch.Bankman-Fried avoided those meals and was instead fed toast and jam and stewed vegetables. Loading Something is loading. Thanks for signing up! Access your… Continue reading Sam Bankman-Fried reportedly avoided the typical sardine breakfast in Bahamas ‘Fox Hell’ prison in favor of toast and jam
FTX customers sent money to a fake electronics retailer with a website full of misspelled words that was key to funding SBF’s Alameda, report says
Sam Bankman-Fried’s FTX had customers wire money to North Dimension, a mysterious company with a fake electronics retail website, NBC News reported. Money sent to North Dimension would end up funding Alameda Research’s trading activity, the SEC alleged. The North Dimension website has been deactivated, but had misspelled words and claimed to sell laptops and… Continue reading FTX customers sent money to a fake electronics retailer with a website full of misspelled words that was key to funding SBF’s Alameda, report says
Russian oil price cap is hitting the Kremlin’s export revenue and may widen its budget deficit, finance minister says
The cap on Russian oil imposed by the West is hurting Moscow’s export revenue, Finance Minister Anton Siluanov said. The Kremlin’s budget deficit also could grow beyond a planned 2% in 2023, he added. His comments follow news last week that Russia could cut oil output by as much as 7%. Loading Something is loading.… Continue reading Russian oil price cap is hitting the Kremlin’s export revenue and may widen its budget deficit, finance minister says
Quitting isn’t always a bad idea when it comes to investing
Quitting should be a part of your risk-management process for 2023 Traders work on the floor of the New York Stock Exchange during afternoon trading in New York City. Photo by Michael M. Santiago/Getty Images files Who would have thought that knowing when to quit something is as important as knowing when to start? Advertisement… Continue reading Quitting isn’t always a bad idea when it comes to investing
5 Investment Resolutions to Make for 2023
New Year’s resolutions are an annual ritual for many, with health-related resolutions among the most common. In the spirit of the season, investors should consider making (and sticking to) 2023 New Year’s investment resolutions to lead a healthier investment life. The following resolutions may reduce stress and improve investment performance: The “activity bias” is a… Continue reading 5 Investment Resolutions to Make for 2023
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