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Financial News Around the World

Mark Cuban has 4 rules for making money—No. 4 is: ‘Know your s–t better than anyone else in the room’

Billionaire Mark Cuban says he followed four rules to get rich, and that anyone can use the same blueprint to make their own money and become a millionaire.

Published 18 December 2022
Categorised as Finance News

FTX founder Sam Bankman-Fried will not contest U.S. extradition in alleged fraud case, source says

Founder and former FTX CEO Sam Bankman-Fried will not contest extradition to the U.S. in an about face just days after being remanded to Bahamas prison.

Published 17 December 2022
Categorised as Finance News

Binance’s native BNB token plunges to lowest since July as concerns mount about withdrawals, FTX ties

Crypto exchange giant Binance, the firm that would potentially bail out FTX, is facing its own questions now, and investors are selling out of its native coin.

Published 16 December 2022
Categorised as Finance News

Tax pros ‘expecting the worst’ with Venmo, PayPal tax reporting change. How to handle a 1099-K for personal payments

While the 1099-K tax reporting change applies to business payments, it’s possible you’ll receive one for personal transfers. Here’s how to handle it.

Published 16 December 2022
Categorised as Finance News

Stocks making the biggest moves midday: Meta, Maxar Technologies, Ford, Goldman Sachs and more

These are the stocks posting the largest moves in midday trading.

Published 16 December 2022
Categorised as Finance News

88% of employers offer a Roth 401(k) — almost twice as many as a decade ago. Here’s who stands to benefit

An increasing share of employers are making Roth 401(k) plan savings available to workers. But the accounts don’t necessarily make sense for everyone.

Published 16 December 2022
Categorised as Finance News

Goldman Sachs is planning to cut up to 8% of its employees in January

The planning is ongoing, and the round could be smaller than that, according to the person, who declined to be identified speaking about personnel decisions.

Published 16 December 2022
Categorised as Finance News

Former FTX spokesman Kevin O’Leary defends endorsement of Bankman-Fried’s crypto firm

Kevin O’Leary appeared on CNBC’s Squawk Box to address his Senate testimony and his sponsorship deal with FTX, trading barbs with CNBC’s anchors.

Published 16 December 2022
Categorised as Finance News

The soft-landing narrative is in trouble, and that’s making stocks look expensive

A harder landing in the economy means that stocks are very expensive.

Published 16 December 2022
Categorised as Finance News

Stocks making the biggest moves premarket: Accenture, Winnebago, Maxar Technologies and more

These are the stocks posting the largest moves before the bell.

Published 16 December 2022
Categorised as Finance News

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