We have a truly bifurcated market. One part is actually quite good. The other part is horrendous.
FTX’s Sam Bankman-Fried tweeted Thursday morning that he is “sorry,” admitting that he “f—ed up” and “should have done better.”
The U.S. cryptocurrency firm Circle’s USD Coin lost its dollar peg and fell to a record low Saturday morning.
The Biden administration’s waiver comes after California last year banned the sale of new gasoline-powered vehicles starting in the same target year of 2035.
The hard-learned lessons from the 2008 financial crisis allowed Bank of America to earn its position as the second-largest bank in the United States.
The economy is expected to have added 200,000 jobs in December, less than November, but still strong enough to keep the Fed aggressively fighting inflation.
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