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Business News

Location American Business News for 30 Nov 2023

Disney, Facing ActivistJames Gorman, Morgan Stanley's chief executive, and Jeremy Darroch, who ran the British TV company Sky, will join early next year.
South Korean Police Arrest 48Source: Angelov/Adobe Police in the South Korean city of Daegu say they have raided a "drug trafficking organization" that used crypto as a payment tool - and arrested 48 people. Per Chosun Ilbo, the... Daegu Police Agency's metropolitan investigation unit arrested 44 people connected to a suspected "overseas drug sales organization." The group of arrestees […] The post South Korean Police Arrest 48 in 'Crypto-powered Drug Trafficking' Raids appeared first on Cryptonews.
Trump Goes After Wife Of JudgeTrump's latest target in his New York fraud case: the wife of Judge Arthur Engoron, who the former president accused of political bias.
What The Sale Of The DallasMark Cuban's blockbuster sale of his majority ownership stake in the Dallas Mavericks to Miriam Adelson and the Dumont family is shaking up the sports world.

The Fed's Preferred Inflation Measure Eased in October

The New York Times - 30 Nov 2023 15:41
The Fed's Preferred InflationThe Personal Consumption Expenditures price index continued to cool and consumer spending was moderate, good news for the Federal Reserve.
Bitcoin ETF race gets 13thPando's ETF bid comes as several spot Bitcoin ETF applications draw closer to a final decision deadline.
FTX Granted Court Approval toBankrupt cryptocurrency exchange FTX just has received approval from a bankruptcy court to sell its stakes in digital trusts managed by Grayscale Investments, according to a bankruptcy court document... filed on Friday. This move is part of FTX’s strategic efforts to repay billions owed to creditors. The assets, valued at about $744 million last month, form a […] The post FTX Granted Court Approval to Liquidate $744 Million Grayscale Trust Assets appeared first on Cryptonews.
Standard Chartered AnticipatesStandard Chartered Bank has doubled down on its bitcoin price forecast of $100,000 next year with increased optimism on the timing. “We now expect more price upside to materialize before the... halving than we previously did, specifically via the earlier-than-expected introduction of U.S. spot [bitcoin] ETFs,” the bank’s analyst described. Standard Chartered’s Bitcoin Price Prediction […]
Justices sound skeptical aboutThe U.S. Supreme Court heard oral arguments in a case that has large stakes for bankers who get into hot water with their regulators. Conservative justices asked tough questions of a Biden... administration lawyer who defended agencies' reliance on administrative law judges.
80 Seconds From Detection ToEighty seconds. That's how long it took a Ukrainian team to detect a Russian fighting vehicle with one drone and then send a second drone to destroy the vehicle.
If The Knicks Won't PrioritizeThe New York Knicks only offered Immanuel Quickley a modest rookie extension, and that could become a costly mistake.
Northern Lights Forecast:The aurora could be seen as far south as Nevada or North Carolina.
Did Nicki Minaj Just AnnounceNicki Minaj has a new album coming out in a little over a week, but it seems she's already announced her next full-length.
LeBron James' Son Bronny WillIn June, the son of basketball great LeBron James experienced cardiac arrest while practicing.
Meta Sues FTC OverThe lawsuit comes in a bid to stop new restrictions on data monetization practices.
CFPB's Chopra: AI could turnDuring a second day of comparatively mild questioning from lawmakers in semiannual oversight hearings, Consumer Financial Protection Bureau Director Rohit Chopra said artificial intelligence could... exacerbate existing weaknesses in the financial system without tighter protections.
Netflix's 'Squid Game: TheNetflix's 'Squid Game: The Challenge' has come under fire for betraying the themes of the original series.
Indianapolis Colts Vs.Even with the Indianapolis Colts missing their young franchise quarterback in Anthony Richardson, they continue to stay afloat in the AFC playoff picture.
OPEC+ Switches From 'SaudiA skeptical crude oil market was seeking another 'Saudi Lollipop' but got treated to an unedifying OPEC+ fudge instead as the group offered 2.2 mbpd in voluntary cuts.
Former Trump Golf ClubA former Trump National Golf Club employee says an attorney for Donald Trump tricked her into signing an illegal NDA about her sexual harassment settlement.
Biden Administration UnderA U.S. government watchdog has launched an investigation into the Biden administration's choice of Greenbelt, Maryland for the new FBI headquarters over Springfield, Virginia.
FDIC OIG report identifiesA report by the Federal Deposit Insurance Corp.'s Office of Inspector General identified issues in the regulator's oversight of First Republic Bank.
In 2022, Nashville grew by roughly 100 people per day. Here's why transplants are still moving to Music City.
Disney Vs. Musk: Right-Wing XA group of right-wing users on X are calling on Disney+ subscribers to cancel their subscriptions following Elon Musk's expletive-laden criticism of companies pulling X ads.
Whistleblower Says BorderTroy Hendrickson, a 15-year veteran at CBP, said one of the agency's medical providers had staffing issues, licensing problems and repeatedly overbilled for services.