Wednesday, July 8, 2026

Monthly Archives: May, 2023

Lordstown Motors warns of bankruptcy after Foxconn funding deal falters

Signage outside Lordstown Motors Corp. headquarters in Lordstown, Ohio, on Saturday, May 15, 2021.Dustin Franz | Bloomberg | Getty ImagesShares of electric vehicle startup...

Crypto Exchange Poloniex Agrees to $7.6M Fee to Settle Sanctions Violation Charges

"Although Poloniex made efforts to identify and restrict accounts with a nexus to Iran, Cuba, Sudan, Crimea and Syria pursuant to its compliance program,...

Suderman Says 050123

It’s Fed Week on Wall Street and will occupy the primary focus of traders until at...

In an Unsteady Banking Industry, First Republic’s Problems Stood Out

Is the worst of the banking crisis over? It may seem a strange question to pose so shortly after the collapse of First Republic...

Senator Ben Cardin Won’t Seek Re-election in Maryland

Senator Ben Cardin of Maryland, a long-serving Democrat, announced his retirement on Monday, clearing the way for highly competitive primaries to replace him in...

Bitcoin (BTC) Set New Record of Daily Transactions the Same Day the U.S. Government Quietly Engineered a Bank Buyout

“Our government invited us and others to step up, and we did,” JPMorgan CEO Jamie Dimon said. Crypto fans may know Dimon as one...

Gov. Jay Inslee of Washington, Climate Champion, Won’t Seek Re-Election

Gov. Jay Inslee of Washington State, the nation’s longest-serving current governor and one of the Democratic Party’s leading climate defenders, will not seek a...

Fed poised to hike, but will it be the last?

US dollar and Fed takeaways A 25bps interest rate hike is 90% priced in, with another 25bps hike in June currently...

Pro sports unions unite to discuss importance of mental health

Seattle Seahawks defensive end Marcus Smith (97) leaves the field after an NFL football game against the Tennessee Titans in Nashville, Tenn.Mark Zaleski |...

Justin Sun issues apology after Sui LaunchPool clashes with Binance CEO

On May 1, Binance CEO Changpeng “CZ” Zhao issued a warning to Tron founder Justin Sun regarding a deposit of 56.1 million TrueUSD (TUSD)...

Bitcoin price threatens $28K support as pre-FOMC mood boosts US dollar

Bitcoin (BTC) headed toward $28,000 support after the May 1 Wall Street open as markets digested fresh United States banking jitters.Suspicions mount over First...

Sotheby’s Metaverse Launches Curated Secondary NFT Marketplace

"The opportunity to expand Sotheby’s Metaverse with a fully on-chain peer-to-peer market is an important step forward in our evolution within the digital art...

The Federal Reserve’s Nine Interest Rate Hikes: What’s Next

Fed Split on Interest Rate Direction While seven policymakers think rates might need to rise slightly higher to cool inflation, three officials in the Fed’s...

Gold Prices Turn Lower as US Economic Data Weakens Case for Fed Pause

GOLD PRICE FORECAST:Gold prices begin the week on the back foot, undermined by rising U.S. yieldsThe Fed’s monetary policy decision will take the spotlight...

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