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FTX Sues Over European Unit Deal, Seeking to Recover $323 Million
Business

FTX Sues Over European Unit Deal, Seeking to Recover $323 Million

FTX filed a lawsuit on Wednesday against former managers of a Swiss business the bankrupt cryptocurrency exchange had acquired, looking to claw back at least

The Key Number to Watch in U.S. Bank Earnings
Finances

The Key Number to Watch in U.S. Bank Earnings

Listen to article (2 minutes) No major bank has collapsed since First Republic Bank at the beginning of May. But that doesn’t mean fears about

Merrill Lynch to Pay $12 Million for Failing to File Hundreds of Suspicious Activity Reports
Business

Merrill Lynch to Pay $12 Million for Failing to File Hundreds of Suspicious Activity Reports

Anti-money-laundering rules require broker-dealers to report to regulators on transactions over $5,000, but Merrill’s parent used a $25,000 threshold since their tie-up. Source link

Historic Rate Increases Leave Some on Wall Street Wanting More
Finances

Historic Rate Increases Leave Some on Wall Street Wanting More

Are financial conditions as tight as they appear? Many investors think not. Source link

Bitcoin, Coinbase Are Soaring Despite Obstacles Facing Spot Bitcoin ETFs
Finances

Bitcoin, Coinbase Are Soaring Despite Obstacles Facing Spot Bitcoin ETFs

Analysts warn that steps to limit market manipulation might not clear the Securities and Exchange Commission’s bar. Source link

Stock Funds Rally to 12.4% Gain for 2023 So Far
Finances

Stock Funds Rally to 12.4% Gain for 2023 So Far

Journal Reports: Investing Monthly Five Books to Make You Smarter About Money By Simon Constable July 9, 2023 at 1:00 PM ET Young Americans, in

Your Smartphone Can Have Two Lines. Here's Why You'd Want That.
Business

Your Smartphone Can Have Two Lines. Here's Why You'd Want That.

Add a second plan for work, international travel—or just better cell reception Source link

Finances

China's Ant Gives Trapped Investors an Opportunity to Cash Out

China's Ant Gives Trapped Investors an Opportunity to Cash Out Source link

Binance Unravels as Executives Flee and Layoffs Proliferate
Finances

Binance Unravels as Executives Flee and Layoffs Proliferate

The firm’s general counsel, chief strategy officer, chief business officer and a senior vice president for compliance departed in recent days amid the turmoil rattling

A Path Forward for Regulating Crypto Markets
Finances

A Path Forward for Regulating Crypto Markets

Two former top regulators argue that litigation by the SEC is only part of the crypto-regulation solution. Source link