Full article and details: https://www.reuters.com/markets/us/us-officials-assessing-possible-manipulation-banking-shares-source-2023-05-04/ U.S. authorities at both the federal and state levels are investigating the possibility of "market manipulation" as a factor in the significant fluctuations in banking stock prices observed in recent days, according to an individual with

On Wednesday, Nathaniel Chastain, a former product manager at OpenSea, the world's leading non-fungible token (NFT) marketplace, was found guilty of fraud and money laundering. Chastain was charged with using insider knowledge about which NFTs would be featured on OpenSea's homepage to engage in NFT trading.

The U.S. Securities and Exchange Commission (SEC) has adopted a new rule that requires large hedge funds to privately inform regulators within three days of experiencing significant investment losses or major margin events. The regulation, which was approved by a majority of the SEC's five commissioners on

Per Axois: The White House tends to avoid placing President Biden in unscripted situations or exposing him to adversarial questions from the press. As a result, it is challenging for those outside his close circle to assess the implications of Biden being the oldest president in U.S. history. Insiders:

On Tuesday, Florida Governor Ron DeSantis signed into law a bill that prohibits state officials from using public funds to support environmental, social, and governance (ESG) objectives and bans the sale of ESG bonds. The legislation represents one of the most extensive actions taken by U.S. Republicans against sustainable

New York is on track to become the first state in the United States to enact legislation prohibiting the combustion of fossil fuels in most newly constructed buildings. The law would phase out the use of gas stoves, furnaces, and propane heating systems, replacing them with environmentally friendly alternatives such

Nordstrom has announced its decision to close both of its Downtown San Francisco stores, including its location in the Westfield Mall and a nearby Nordstrom Rack. The retailer confirmed the closures on Tuesday, citing significant changes in the dynamics of the downtown market that have affected customer foot traffic and

Bernie Sanders has said that ’People can make it on $999 million’ Senator Bernie Sanders, a longtime advocate for a wealth tax, has expressed the view that the U.S. government should seize all earnings exceeding $1 billion. During an interview on HBO Max's show "Who'

Originally reporting per Axios. Recent news reveals a significant shift in the American political landscape: according to a Gallup poll conducted last month, a record 49% of Americans now identify as politically independent. This figure matches the combined total of those who identify with the two major political parties, Democrats

Rep. Alexandria Ocasio-Cortez (D-NY) and Rep. Matt Gaetz (R-FL) have joined forces to co-sponsor a bill aimed at preventing members of Congress from owning or trading stocks. The bill, designated as H.R. 3003, is also co-sponsored by Rep. Brian Fitzpatrick (R-PA), a moderate Republican, and Rep. Raja Krishnamoorthi (D-IL)

On May 1, 2023, Adam Aron, the CEO of AMC Entertainment Holdings Inc., took to social media to voice his displeasure with Robinhood Markets Inc. The trading platform had erroneously displayed a banner indicating that AMC had filed for bankruptcy. In his tweet, Aron expressed incredulity at how Robinhood could

The White House announced on Monday that the Biden administration will rescind the COVID-19 vaccination mandate for international travelers arriving in the United States next week. The requirement, which applies to air travelers as well as federal government employees and contractors, will be lifted on May 11, coinciding with the

Per Reuters IBM Corp. anticipates a temporary halt in hiring for certain positions as approximately 7,800 jobs may be supplanted by Artificial Intelligence (AI) in the near future, according to CEO Arvind Krishna in an interview with Bloomberg News on Monday. Krishna explained that hiring for back-office functions, including

Numerous new people have been associated with Jeffery Epstein, after his client calendar has been revealed per the Wallstreet Journal. You can see their full excellent reporting here: link William Burns, who has served as the director of the Central Intelligence Agency (CIA) since 2021, had three scheduled meetings with

Billionaire investor Ray Dalio expressed his preference for gold over bitcoin during an appearance on Chris Williamson's YouTube podcast this week. While Dalio acknowledged that he owns a small amount of bitcoin, he emphasized that the cryptocurrency exhibits unpredictable price movements, leading him to favor gold as an

Hong Kong-based TOP Financial Group (TOP) stock was halted several times for volatility Thursday, with shares rocketing to close 195% higher.Shares of TOP, formerly known as Zhong Yang, opened at $7.17, dipping to an early low of $6.53 before soaring to a high of $24 at close.

President Joe Biden lauded the latest gross domestic product (GDP) report on Thursday, asserting in a statement that the data demonstrates the continued strength of the American economy as it shifts toward stable and consistent growth. The Bureau of Economic Analysis released data on Thursday morning that revealed a 1.

Prior to the COVID-19 pandemic, California Street in San Francisco was a prime location for high-value commercial properties. Situated in the city's financial district, the street was lined with office buildings housing banks and other firms that played a key role in the global technology sector. One such

Jerome Powell, the chairman of the US Federal Reserve, appears to have become the latest victim of a prank by two Russian comedians. A video call involving Powell was broadcast on Russian television, showing him conversing with someone he believed to be Ukrainian President Volodymyr Zelensky. The call, which took

Huw Pill, the chief economist at the Bank of England, delivered a blunt message to the British public: "Someone needs to accept that they’re worse off." Pill made the comments on the podcast "Beyond 'Unprecedented': The Post-Pandemic Economy," a series by Columbia Law

Market research group Kantar has reported that Netflix Inc. experienced a significant decline in its user base in Spain during the first quarter of 2023, losing over one million users. The drop in users is believed to be a consequence of the streaming service's efforts to curb password-sharing

In March, the Chinese yuan surpassed the US dollar as the most commonly used currency for cross-border transactions in China, according to official data. This development reflects Beijing's ongoing efforts to promote the international use of the yuan. The total value of cross-border payments and receipts in yuan

Fox News Channel has experienced a significant decline in viewership for its 8 p.m. Eastern time slot following the departure of Tucker Carlson. TVNewser data reveals that the replacement program "Fox News Tonight," hosted by Brian Kilmeade as the first in a series of rotating hosts, drew