Australia to revamp cryptocurrency rules after FTX collapse - Yahoo Finance

Australian financial authorities will start talks with the cryptocurrency industry and aim to introduce rules for regulating exchanges next year after one of the world’s biggest crypto trading platforms, FTX.com, collapsed last week, according to a report in the Australian Financial Review.
Question: I retired at 62, and I’m living on a pension and Social Security. What could a financial planner be accomplishing for me? Answer: A financial planner can give you peace of mind and helpful advice, but that all comes with a cost.
(Bloomberg) — Elon Musk gave Twitter Inc. employees an ultimatum to either commit to the company’s new “hardcore” work environment or leave. Many more workers declined to sign on than he expected, potentially putting Twitter’s operations at risk, according to people familiar with the matter. Most Read from BloombergMusk’s ‘Hardcore’ Ultimatum Sparks Exodus, Leaving Twitter at RiskFTX’s New Boss Reveals Chaos Left Behind by Bankman-FriedGOP Retakes US House by Slim Margin in Washington Power Shi
It’s not just about crypto.
2022 has undoubtedly been a rough one for investors. Even accounting for the recent gains, all the major indexes are still down for the year and the backdrop of economic uncertainty still hovers menacingly. Such an environment makes it difficult to find the stocks which are primed to charge ahead, but one way to sort the wheat from the chaff is to follow in the footsteps of legendary stock pickers. And few are as well-versed in the investing game as billionaire Steve Cohen. Famous for his high-r
Holiday sales are projected to reach as high as $960.4 billion, the National Retail Federation says.
The company followed up with practical details after Elon Musk challenged the remaining employees to be hardcore or leave.
Yahoo Finance's Pras Subramanian discusses reports that Elon Musk has found a potential successor to lead Twitter.
“They’re supposed to be the one guy at the party that doesn’t hang around the punch bowl getting drunk,” Munger said.
The Federal Reserve will downshift in December to deliver a 50-basis-point interest rate hike, but economists polled by Reuters say a longer period of U.S. central bank tightening and a higher policy rate peak are the greatest risks to the current outlook. U.S. consumer price inflation unexpectedly fell below 8% last month, bolstering already well-established market expectations the Fed would go for smaller rate hikes going forward after four consecutive 75-basis-point increases. But the latest Reuters poll shows forecasts for inflation in the coming year and into next are slightly higher than thought one month ago, suggesting it is not time yet to consider an imminent pause in the Fed's tightening campaign.
From a $1 billion loan to Sam Bankman-Fried to missing funds and payment-disbursement emojis, here are some of the eye-popping revelations from FTX’s new CEO
Michael Burry is a savvy investor. He is one of the legends of Wall Street, which makes him one of those financiers whose every word is followed closely by millions of investors. Investors watch his strategies and the business choices he makes.
On Wednesday, Vox published a bombshell interview with former crypto exchange FTX CEO Sam Bankman-Fried, where the 30-year-old crypto trader all but revealed he had, in fact, co-mingled customer funds with those of his hedge fund, Alameda Research. This would be a problem on its own, as it violated FTX’s terms-of-service as well as likely falls afoul of wires or securities laws. Bankman-Fried’s crime, which “wasn’t quite lending [customer deposits] out” but something “messier,” “more organic” and “reasonable” than that, was compounded after a run on his exchange left up to one million FTX users without access to their funds.
Treasury I bonds weren't a good deal in October. They were a great deal with a 9.62% interest rate. Now it's time to consider buying the new I bond.
John Linehan, who manages $29 billion for T. Rowe Price, is looking to financials, energy and utilities to power the market as interest rates remain high.
A new class action lawsuit claims Brady, Larry David, and others are responsible for the FTX disaster by promoting securities to unsophisticated investors.
Nvidia Corp.'s financial results had a bit of a surprise for investors, and not on the good side — product inventories doubled to a record high as the chip company gears up for a potentially iffy holiday season.
Yahoo Finance Live checks out Alibaba shares following its Singles' Day sales and latest earnings report.
The Oracle of Omaha knows how to beat inflation. So ride his coattails.
Sam Bankman-Fried fires off a missive about financial regulators on Twitter and discusses them with a reporter.
Meta Platforms Inc Chief Executive Mark Zuckerberg told employees on Thursday that WhatsApp and Messenger would drive the company's next wave of sales growth, as he sought to assuage concerns about Meta's finances after its first mass layoffs. Zuckerberg, addressing pointed questions at a company-wide meeting a week after Meta said it would lay off 11,000 workers, described the pair of messaging apps as being "very early in monetizing" compared to its advertising juggernauts Facebook and Instagram, according to remarks heard by Reuters. "We talk a lot about the very long-term opportunities like the metaverse, but the reality is that business messaging is probably going to be the next major pillar of our business as we work to monetize WhatsApp and Messenger more," he said.

source

How To Make Huge Profits In A Short Time With Crypto
Get detailed training system that shows an absolute beginner (without any skill) how to make huge profits in a short time with crypto.