Crypto’s Lehman moment: Here’s how Sam Bankman-Fried’s FTX compares to the biggest collapse of the Global Financial Crisis

Omicron has brought volatility to Wall Street. Yellow Dog Productions/Getty Images Experts have drawn comparisons between the collapse of crypto exchange FTX and the fall of Lehman Brothers in 2008. FTX on Friday filed for bankruptcy after it failed to secure a rescue.  Here’s how the two events compare and what FTX’s fall means for…

Inflation may finally be cooling off — here are the consumer items that actually saw prices fall in October, from airline tickets to furniture

The drop in commodities has raised hopes that inflation will start to cool. SolStock/Getty Images Inflation might finally be slowing down, according to the latest data from the Consumer Price Index.  Not all prices fell in October, though. For example, fuel prices rose another 19% between October and September.  See some products that saw prices…

If you’re thinking about sharing your layoff story on LinkedIn, here’s how to do it smartly

11,000 Meta employees were laid off this week. Arnd Wiegmann/Reuters Sweeping layoffs have impacted behemoth tech companies like Meta, Stripe, and Twitter recently. In response, people are sharing their gratitude, farewells, and hopes for the future on social media. A career coach and two former Meta employees explain how to move forward after layoffs. Meta’s…

Jeremy Siegel says the crypto meltdown sparked by FTX’s implosion is not a Lehman Brothers moment and won’t spread contagion to stocks

Steve Marcus/Reuters The FTX implosion is not a Lehman Brothers moment that will spread risk to stocks, according to Jeremy Siegel.“It’s not a Lehman moment because the value has already gone down so much,” Siegel said.One thing traditional assets like stocks and bonds have that crypto doesn’t is the backing of the Federal Reserve. The…

PUBG owner Krafton buying The Ascent developer Neon Giant

Krafton, the South Korean company behind PUBG: Battlegrounds, has announced it’s buying The Ascent developer Neon Giant. Krafton made the announcement in its latest earnings report, saying the acquisition was part of an ongoing investment in its “development and service capabilities [that would] ensure a steady pipeline of premium titles”. Although Neon Giant only has…

Compare the Best Website Brokers

Our recommendation for the best website broker is Empire Flippers because of its reliable preliminary sales screening, excellent track record, and prompt assistance. Schedule a call to get started. When buying or selling a website, you can connect with different parties directly, but this is a somewhat limiting approach. Approaching website owners to buy a…