Author: super@dmin
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The Wall Street Journal: FTX is investigating a potential hack amid bankruptcy filing
Bankrupt cryptocurrency exchange FTX is probing a potential hack and asked customers to stay off the FTX website, the company said. More than $400 million worth of crypto funds appears to be missing, according to crypto analytics firm Elliptic Enterprises Ltd.
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Brett Arends's ROI: One reason the rich get richer
While ordinary investors tend to buy when the market is already up and sell when the market is down, the ultrarich don’t.
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: ‘The fever appears to be breaking’: High rents are still contributing to U.S. inflation, but growth is slowing
Consumer prices are up 0.4% from September, with more than half of that hike attributable to a 0.8% boost in the shelter index.
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: The $26 billion rise and fall of FTX crypto king Sam Bankman-Fried
The boy wonder of cryptocurrencies watched as his empire vaporized nearly overnight, leaving depositors scrambling and investigators taking a look.
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Economic Report: Recessions always spur big layoffs, but the Fed thinks this time might be different
Can the Federal Reserve slow the economy and crush high inflation without triggering mass layoffs? Top officials at the central bank think they can pull it off.
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Barron's: Microsoft co-founder Paul Allen’s art collection sells for an unprecedented $1.5 billion
Five works, by Seurat, Cézanne, van Gogh, Gauguin and Klimt, sold for more than $100 million, and works by Lucian Freud, Jasper Johns, Paul Signac, Max Ernst and Andrew Wyeth set records for those artists.
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The Margin: CDC says many people should ‘not eat meat or cheese from any deli counter’ unless it’s ‘steaming hot’
Because of a listeria outbreak, people who are pregnant, aged 65 or older or have a weakened immune system are at higher risk.
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Market Snapshot: Investors may be whistling past the graveyard of a recession with latest rally in stocks
Investors feeling giddy about last week’s sharp rally for stocks might want to give a listen to Tom Waits’ song, “Whistlin’ Past the Graveyard” from 1978, to sober up for the dangers that still lurk ahead.
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Mansion Global: Beverly Hills mansion donated to charity by Jeff Bezos ex-wife MacKenzie Scott sells for $37 million
Following her divorce from Bezos in 2019, Scott took full ownership of the home, which she went on to donate to the California Community Foundation this summer.
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Mansion Global: Tom Brady and Gisele Bündchen finalize divorce and begin life as South Florida neighbors
The model has snapped up an $11.5 million home in Surfside, Fla., that’s a stone’s throw from the under-construction mansion that it’s believed her quarterback ex will retain.