crash

Shark Tank's Kevin O'Leary, a spokesperson for FTX, explains his next move after the crypto crash and how he tried to save Sam Bankman-Fried

Shark Tank’s Kevin O’Leary, a spokesperson for FTX, explains his next move after the crypto crash and how he tried to save Sam Bankman-Fried

In an interview with Insider, Kevin O’Leary explained his next move now that FTX, a company he invested in, has filed for bankruptcy. The ‘Shark Tank’ investor said he was transferring his assets to Canada and would no longer hold funds on unregulated exchanges. He also shared details of his phone call with FTX founder …

Shark Tank’s Kevin O’Leary, a spokesperson for FTX, explains his next move after the crypto crash and how he tried to save Sam Bankman-Fried Read More »

Tesla China responds to dramatic crash that left two dead [video]

Tesla China responds to dramatic crash that left two dead [video]

Tesla will help Chinese authorities investigate a tragic Tesla Model Y crash in Guangdong, China that left two people dead and three injured. But rumors have been circulating on social media with potential causes of the crash, most of which are either untrue or impossible. The accident happened on November 5 and a video circulated …

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Home buyers and sellers have never been so 'pessimistic' as mortgage rates top 7% - here's what the experts are saying about the risks of a crash or rebound

Home buyers and sellers have never been so ‘pessimistic’ as mortgage rates top 7% – here’s what the experts are saying about the risks of a crash or rebound

Home buyers and sellers have never been so ‘pessimistic’ as mortgage rates top 7% – here’s what the experts are saying about the risks of a crash or rebound Mortgage rates have risen slightly above 7% again after last week’s rate hike by the Federal Reserve – and buyers and sellers are stagnating amid economic …

Home buyers and sellers have never been so ‘pessimistic’ as mortgage rates top 7% – here’s what the experts are saying about the risks of a crash or rebound Read More »

Why Tech Spending Will Rise Even as Tech Stocks Crash and Layoffs Rise

Why Tech Spending Will Rise Even as Tech Stocks Crash and Layoffs Rise

Bloomberg | Bloomberg | Getty Images After recent big tech company profits and headlines of industry layoffs, tech investors can be excused for feeling a little confused: Is the tech-driven economy about to fall off a cliff? recessive? Actions like Amazon.co.uk and Microsoft was beaten after missing analysts’ growth forecasts for its cloud computing business, …

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I predicted the crash of 2008 – here are the global ‘megathreats’ I see now | Nouriel Roubini

Over the coming decades, the world will face mega-threats that would not only jeopardize our global economy and financial assets, but also jeopardize peace and prosperity. In our partisan political world, where we kick the streets — we favor short-term planning and let others think ahead — these threats are something different. Left to grow, …

I predicted the crash of 2008 – here are the global ‘megathreats’ I see now | Nouriel Roubini Read More »

Thousands of workers have been laid off this week as tech companies and startups brace for an economic crash.  Investors, founders and recruiters explain why this is just the beginning.

Thousands of workers have been laid off this week as tech companies and startups brace for an economic crash. Investors, founders and recruiters explain why this is just the beginning.

Over the past few months, a number of GoFundMe employees had begun to feel uneasy as the company’s metrics failed to meet certain internal targets. Then, one morning in late October, the company abruptly announced a town hall meeting, at which CEO Tim Cadogan announced mass layoffs. Even though they had smelled something bad around …

Thousands of workers have been laid off this week as tech companies and startups brace for an economic crash. Investors, founders and recruiters explain why this is just the beginning. Read More »

As markets crash, Congress can help retirees by suspending RMDs

As markets crash, Congress can help retirees by suspending RMDs

Consider a 72-year-old retiree, with $100,000 invested in a retirement account at the end of last year, 50% largely invested in stocks and 50% in a Treasury bond portfolio. As of October 27, the value of this model portfolio retirement account has fallen to $82,400, the worst annual performance of a 50/50 portfolio in the …

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