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Savings app CEO says 85,000 fintech accounts locked: ‘We never imagined a scenario like this’
The ongoing Synapse bankruptcy mess has exposed the risks in a corner of fintech that grew in prominence during a boom in venture investment.
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Software stocks got pummeled this week after a cluster of troubling earnings reports
Weak guidance was a major theme in software company earnings reports this week, leading investors to rush for the exits.
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The SEC ruling on Ethereum ETFs could mark a historic shift in crypto investing
The VanEck CEO digs into the preliminary approval of his firm’s Ethereum ETF and what the decision means for crypto investors.
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D.C. ethics board recommends Rudy Giuliani be disbarred
The recommendation comes after Giuliani represented Donald Trump in a Pennsylvania court case that sought to overturn the state’s 2020 election results.
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Boeing, NASA cancel Starliner launch attempt scheduled Sunday after failed Saturday take-off
Boeing aimed to launch its first Starliner flight with astronauts on board on Saturday but called it off minutes before take-off.
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Exit polls forecast decisive majority for Narendra Modi in India’s election
BJP leader set to enter second decade in power when results announced on June 4
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Jerome Powell’s Federal Reserve is stuck in a self-defeating paradox that makes cutting rates more difficult, economist warns
“You can call this the Fed Cut Reflexivity Paradox: The more the Fed insists that the next move in interest rates is a cut, the more financial conditions will ease, making it more difficult for the Fed to cut.”