Viktor Medvedchuk’s wife, Oksana Marchenko, holds a press conference after the oligarch was arrested. Contributor/Getty Images The yacht of pro-Kremlin Ukrainian politician Viktor Medvedchuk is being sold by Ukraine. The profits from the sale will go to the Ukrainian state. Medvedchuk was said to be Vladimir Putin’s top choice for a puppet leader in Ukraine. …
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The UK reportedly is finalizing plans to regulate the crypto industry in the wake of FTX’s collapse
Sert/Getty Images The UK is finalizing plans to implement sweeping regulations for the cryptocurrency industry, the Financial Times reported. If approved, the Financial Conduct Authority will have new powers to oversee the digital-assets industry more broadly, including monitoring how companies operate and advertise. Officials are working urgently after last month’s collapse of FTX, the cryptocurrency…
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Trump had a $19.8 million loan from a South Korean company he kept hidden when he became president, documents show
President Donald Trump during a press conference following his historic meeting with North Korean leader Kim Jong-un, June 12, 2018. Win McNamee/Getty Images Donald Trump owed $19.8 million to South Korean firm Daewoo while president, according to Forbes. The firm has historic ties to North Korea. Trump repaid the loan five months into his presidency,…
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. NASB offers conforming, FHA, VA, jumbo, non-QM, and IRA non-recourse loans. North…
Michael M. Santiago/Getty Images US stocks were mixed on Tuesday as investors cast doubt on the Fed easing rate hikes.The Fed is expected to raise interest rates by 50 basis points next week, rather than its recent 75-basis-point rate hikes.But a strong November jobs report and solid GDP data suggest a resilient economy may keep…
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‘Shark Tank’ investor Kevin O’Leary says he will get his money back from FTX and that the exchange needs to be audited before Sam Bankman-Fried can be found guilty
“Shark Tank”/ABC Shark Tank investor Kevin O’Leary said he’s getting his money back FTX, and that FTX needs to be audited. “Who’s going to jail? I have no idea. Who was fraudulent? I have no idea. But I will find out,” the FTX spokesperson and shareholder said to Yahoo Finance. O’Leary previously jumped to Sam…
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. Gig workers have to pay taxes, too. AP/Brennan Linsley Gig workers are…
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Partner of US veteran killed fighting for Ukraine says its army never told her and she found out from Facebook
Funeral service of Bryan Young, Luke Lucyszyn, and Edvard Selander Patrignani in Kyiv, Ukraine. Maria Lipka A US Army veteran was killed in July while volunteering to defend Ukraine from Russia’s invasion. Bryan Young’s partner, Maria Lipka, told Insider that she found out about his death on Facebook. She also accused Young’s commander of calling…
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Jamie Dimon sees the Fed hiking rates to the highest in 15 years, but warns that may still not be enough to tame inflation
JPMorgan CEO Jamie Dimon. Reuters, Mike Theiler JPMorgan CEO Jamie Dimon warned that inflation is eroding everything even as consumer spending remains robust. He added that the Fed will have to raise rates to 5% and holding them there for three to six months, but that may not be sufficient. Geopolitical risks, too, threaten the…
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Goldman Sachs plans to spend millions on crypto-related investments after FTX’s downfall, report says
AP Goldman Sachs plans on spending tens of millions on crypto company investments, Reuters reported. The banking giant has already invested in 11 digital asset firms. “We have seen more client interest since the demise of FTX,” Goldman’s head of digital assets said. Goldman Sachs hasn’t pulled back on its digital asset plans despite the…