Author: super@dmin
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: Sam Bankman-Fried’s philanthropic fund halts donations amid FTX collapse and ‘questions about legitimacy’
Bankman-Fried has said his goal is to make as much money as possible and give it away to charities that will help humanity.
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Beth Pinsker: Plan for the worst-case scenario of lower expected Social Security payments by finding income elsewhere
Saving and investing are your two options to make up the difference.
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Key Words: ‘I have never before seen a CEO take responsibility as he does’: investor Bill Ackman comments on Sam Bankman-Fried in now-deleted Tweet
In a now-deleted Tweet, short-seller Bill Ackman defended former FTX CEO Sam Bankman-Fried’s leadership this week.
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Coronavirus Update: China eases some travel requirements in move welcomed by markets, even as it counts 10,000 new COVID cases in a day
China counted more than 10,000 fresh COVID cases on Friday sparking further restrictions on movement, but also eased some travel requirements
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Washington Watch: Georgia Senate contest expected to soon overtake Pennsylvania’s as most expensive midterm election
Millions more are expected to pour into the Georgia Senate race, where Sen. Raphael Warnock and Herschel Walker are set to face off again in a Dec. 6 runoff.
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Key Words: Kevin McCarthy’s House speaker bid may be in trouble due to Republican objections: ‘He’s not a true conservative’
Some House Freedom Caucus members are saying they’re opposed to Kevin McCarthy, the current House minority leader, becoming their chamber’s next speaker
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Key Words: ‘A lot of people have compared this to Lehman. I would compare it to Enron’: Larry Summers comments on FTX bankruptcy
Former Treasury Secretary Larry Summers likens the collapse of cryptocurrency exchange FTX to the meltdown that engulfed Houston-based energy company Enron.
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: You need to understand the FTX debacle even if you have no investments in crypto
Also, inflation and the market rebound; semiconductor stocks’ ascent; and retirement planning.
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: Tesla stock set to lose more than 8% this week as CEO Elon Musk completes another roller coaster week at Twitter
Tesla Inc. stock is looking at an 8% loss for the week, underperforming the broader stock market and auto peers as Chief Executive Elon Musk finished another roller-coaster week at the helm of Twitter Inc.
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The Margin: With Qatar World Cup looming, Amnesty again urges FIFA to compensate migrant workers
The plight of migrant workers in Qatar, along with LGBTQ+ rights in the Gulf state, have sparked backlash ahead of the World Cup