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Charlie Munger says crypto is a bad combo of fraud and delusion — ‘good for kidnappers’

“This is a very, very bad thing. The country did not need a currency that was good for kidnappers,” Munger said in an interview with CNBC’s Becky Quick Tuesday.

Published 15 November 2022
Categorised as Finance News

FTX says it could have over 1 million creditors in new bankruptcy filing

In an updated filing Tuesday, FTX said there could be more than one million creditors with claims in its bankruptcy case.

Published 15 November 2022
Categorised as Finance News

‘We will see spectacular failures’: CEOs and investors on what the end of cheap money means for tech

Multibillion-dollar unicorn companies will collapse in “spectacular failures,” one venture capitalist told CNBC.

Published 15 November 2022
Categorised as Finance News

Credit Suisse sells most of its securitized products business to Apollo as it speeds up restructure

Credit Suisse said it would accelerate the restructure of its investment bank by selling a significant portion of its securitized products group to Apollo.

Published 15 November 2022
Categorised as Finance News

People who fly private jets don’t want to return to airlines. But it’s costing them a lot more than it used to

A new survey shows private jet travelers want to continue to fly privately. But they’re shopping around for cheaper companies, thanks to increasing costs.

Published 15 November 2022
Categorised as Finance News

Stocks making the biggest moves after hours: Taiwan Semiconductor, Paramount Global and more

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

Published 14 November 2022
Categorised as Finance News

Investors bought nearly $7 billion in Series I bonds in October. Here’s the best time to cash them in, experts say

Investors purchased nearly $7 billion in Series I bonds in October, according to the Treasury Department. Here’s how to figure out when to redeem them.

Published 14 November 2022
Categorised as Finance News

Stocks making the biggest moves midday: Oatly, Amazon, Hasbro and more

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

Published 14 November 2022
Categorised as Finance News

Fed Vice Chair Brainard says it may ‘soon’ be appropriate to move to slower pace of rate hikes

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Published 14 November 2022
Categorised as Finance News

Inflation expectations rebounded in October on record-high jump in gas outlook, NY Fed survey shows

Americans grew more worried about inflation in the October, with fears emanating primarily from an expected burst in gasoline prices.

Published 14 November 2022
Categorised as Finance News

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Recent Posts

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