Disgraced FTX founder Sam Bankman-Fried now faces 13 charges related to the collapse of his cryptocurrency empire. He has pleaded not guilty to all counts. The names of customers who used the since-collapsed cryptocurrency FTX Exchange can remain secret permanently, a bankruptcy judge in Delaware ruled Friday. Several media outlets …
Read More »UK economy defies forecasts to outstrip Germany as EU giant falls into recession | City & Business | Finance
The UK economy will outstrip Germany’s in 2023, new official figures have shown. The Organisation for Economic Co-operation and Development (OECD) released improved British growth figures last week predicting British GDP will rise by 0.3 percent this year. The data also shows that, by next year, UK growth could match …
Read More »Rod Stewart lists Beverly Hills mansion for $70 million
The Agency CEO Mauricio Umansky discusses the real estate sector as mortgage rates hit a 28-year low, down 5.7%. Sir Rod Stewart’s English country estate in the heart of Beverly Hills is up for sale to the tune of $70 million. Stewart first purchased the three-acre property in 1991 for …
Read More »Warning ‘Extreme Greed’! Today’s crazy stock market bull run may trigger brutal crash | Personal Finance | Finance
Investors have been throwing off their fears about the state of the global economy and piling into high-flying US shares. The benchmark S&P 500 index rallied on Thursday to close at 4,293.93, up 20 percent since its lows of early October, driving it into official bull market territory. Performance has …
Read More »Expert warns US over China, Cuba secret deal for spy station: ‘Not safe’
Mercatus Center senior fellow Weifeng Zhong reacts to reports of China and Cuba agreeing to establish a spy base, curbing technology transfers and investments, and weighs in on the Chinese surveillance campaigns against the U.S. A day after a report surfaced over China hosting a spy base in Cuba, one …
Read More »OakNorth Bank increases interest on fixed savings account and earns ‘excellent’ rating | Personal Finance | Finance
While the Bank of England Base Rate rests at a 14-year high of 4.5 percent, high street banks and building societies have been rewarding savers with higher interest rates across their own products. OakNorth Bank has recently boosted the interest rate on its 30 Month Fixed Term Saving Account to …
Read More »New GOP tax package would put $4,000 back in American families’ pockets
Rep. Jason Smith, R-Mo., weighs in on U.S. worker productivity on ‘The Evening Edit.’ House Republicans are unveiling a tax package on Friday that aims to put an additional $4,000 in the pockets of American families and includes a host of tax breaks for small businesses as well as individuals. …
Read More »Woman saves £22,000 by living rent-free in tiny home | Personal Finance | Finance
A woman from South London has saved a staggering £22,000 by ditching London’s rocketing rent prices to live in a van. Mal Jones, 30, who regularly tours the country due to her job in stage management, said she quickly realised buying a van would work out much cheaper than staying …
Read More »GM investing $500 million to build big new internal combustion-powered SUVs
Automotive Editor at Fox News Gary Gastelu test drives the 2023 Cadillac Escalade-V at Raceway Park in Englishtown, New Jersey on ‘Varney & Co.’ General Motors on Thursday confirmed a $500 million investment in its Arlington, Texas, assembly plant to get it ready to build the next generation of its …
Read More »Martin Lewis urges energy direct debit customers to check if they are in credit | Personal Finance | Finance
“I tend to say if right now you have a month or two worth of direct debit in credit – so let’s say if your bills are £300 a month – if you’ve got £500 of credit that’s probably on the high side. “So unless your direct debit is over …
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