A person suspected of being Do Kwon, creator of the now-collapsed TerraUSD stablecoin, has been arrested in Montenegro, a country official said Thursday. The country’s interior minister said the suspect was arrested at the airport with falsified documents. Authorities in the US and South Korea have charged Kwon for legal violations. Loading Something is loading.… Continue reading A person suspected to be crypto developer Do Kwon arrested in Montenegro months after the collapse of TerraUSD
The current banking crisis is a ‘worldwide phenomenon’ that started long before SVB failed, Harvard professor and former IMF economist says
Chaos in the banking sector was a long time coming, according to a former IMF chief economist. The crisis was, in part, caused by banks betting on a prolonged period of ultra-low rates, Kenneth Rogoff said. “It’s a worldwide phenomenon,” he told Yahoo Finance Live. Loading Something is loading. Thanks for signing up! Access your… Continue reading The current banking crisis is a ‘worldwide phenomenon’ that started long before SVB failed, Harvard professor and former IMF economist says
US stocks end higher in volatile session as traders assess rate outlook and bank concerns
Matthew Fox Photo by TIMOTHY A. CLARY/AFP via Getty Images) US stocks were whiplashed on Thursday as investors digested fresh concerns of a US banking crisis.The S&P 500 rose as much as 2% before it gave back most of those gains, while the Dow erased nearly all of a 470 point gain.Treasury Secretary Janet Yellen… Continue reading US stocks end higher in volatile session as traders assess rate outlook and bank concerns
Snapchat and Meta lead social media stocks higher as TikTok CEO gives ‘disaster’ testimony to Congress
Snapchat and Meta Platforms jumped on Thursday as the CEO of TikTok gave testimony to Congress.CEO Shou Chew sought to quell concerns that TikTok is a Chinese asset that could spy on its 150 million American users.”We would characterize today’s testimony by TikTok CEO Shou Zi Chew in the Beltway as a ‘disaster’ moment,” Wedbush… Continue reading Snapchat and Meta lead social media stocks higher as TikTok CEO gives ‘disaster’ testimony to Congress
Toy salesman beats CRA in tax court appeal after being reassessed for $1.2 million
Audit initiated based on findings of Panama Papers Published Mar 22, 2023 • Last updated 15 hours ago • 3 minute read The Canada Revenue Agency initiated an audit of David Goldhar’s returns for 2006 to 2013 in response to findings of the Panama Papers, published by the International Consortium of Investigative Journalists. Photo by Adrian… Continue reading Toy salesman beats CRA in tax court appeal after being reassessed for $1.2 million
‘It’s not always straightforward’: The risks and rewards of buying a pre-construction home
Don’t miss: This cash back app pays actual cash A low credit score can cost you thousands in interest — here’s how you can prevent that 5 mistakes Canadian parents are making with their life insurance The pros and cons of pre-construction When you purchase a pre-construction home, you make your down payment on a… Continue reading ‘It’s not always straightforward’: The risks and rewards of buying a pre-construction home
Why the 60/40 portfolio is making a comeback
Watch: Capital Group’s Hilda Applbaum on the asset mix of a balanced portfolio Published Mar 18, 2023 • Last updated 2 days ago • < 1 minute read Traders work on the floor of the New York Stock Exchange. Photo by Spencer Platt/Getty Images files Hilda Applbaum, portfolio manager at Capital Group, talks to the Financial… Continue reading Why the 60/40 portfolio is making a comeback
Luc Bertrand to helm board of TMX Group, replacing Charles Winograd
Bertrand has been on the TMX Group board since 2011 Author of the article: Published Mar 17, 2023 • Last updated 5 days ago • 1 minute read TMX Group Inc. signage is displayed on a screen in the broadcast centre of the Toronto Stock Exchange in Toronto. Photo by Norm Betts/Bloomberg files TORONTO — TMX… Continue reading Luc Bertrand to helm board of TMX Group, replacing Charles Winograd
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