Trendspotting: After the spectacular collapse of FTX and rising fears that consumers aren’t being protected adequately, pressure is building on financial services watchdogs to better regulate the cryptocurrency industry. The context: Crypto exchange FTX filed for bankruptcy last week and is currently being investigated for mishandling customer funds.At least $1 billion of client assets is reportedly missing at FTX, according to…
Monthly Archives: November 2022
(Photo illustration by Jonathan Raa/NurPhoto via Getty Images) Large global banks are planning to pilot a digital dollar with the New York Fed. Firms including Citigroup, HSBC and Wells Fargo announced the plans on Tuesday. The test run will examine how a digital token can help expedite payments. Some of the biggest players in the…
Insider’s experts choose the best products and services to help make smart decisions with your money (here’s how). In some cases, we receive a commission from our our partners, however, our opinions are our own. Terms apply to offers listed on this page. If you need to file your individual income tax returns, you can…
Insider’s experts choose the best products and services to help make smart decisions with your money (here’s how). In some cases, we receive a commission from our our partners, however, our opinions are our own. Terms apply to offers listed on this page. You need to figure out what your filing status is to pay…
The Lucid Air Pure. Lucid Motors Lucid Motors released new details about the Air Pure, its cheapest model to date. It’ll offer more range than Tesla’s flagship Model S for $12,000 less. The all-wheel-drive Air Pure gets a range rating of 410 miles and is set to hit streets this year. One of the most…
Winston Duke as M’Baku in “Black Panther: Wakanda Forever.” Marvel Studios “Black Panther: Wakanda Forever” is the latest Marvel movie to not be released in China. It’s becoming more of a rule than an exception. China has focused more on its local film industry during the pandemic. “Black Panther: Wakanda Forever” earned $331 million at…
Wind turbines off Crosby beach near Liverpool, England wellsie82/ Getty Images Britain has transformed its national grid to harness renewable energy and generate lower emissions. To do so, its political leaders had to cooperate to overcome financial hurdles. This article is part of The Great Energy Transition series. Take a drive through England’s lush,…
Former President Donald Trump. Mandel Ngan/AFP/Getty Images A judge tossed Mary Trump’s lawsuit against her uncle Donald Trump and two of his siblings. She alleged they swindled her out of rightful inheritance money. The ruling was based on a settlement she signed in 2001 barred her from suing. A New York judge ruled against Mary…
Then-first lady Melania Trump and President Donald Trump are seen on stage following the first 2020 presidential debate. Win McNamee/Getty Images Mike Pence says Melania Trump told Donald Trump that the president should be more like his VP. Pence says the comment came after his 2020 vice presidential debate performance. “‘Melania says I gotta be…
Florida Gov. Ron DeSantis speaks during a press conference at the University of Miami Health System Don Soffer Clinical Research Center on May 17, 2022 in Miami, Florida. Joe Raedle/Getty Images Florida Gov. Ron DeSantis wouldn’t directly talk about Trump throwing fire his way when asked about it. But the Republican governor did take a…