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Market Manipulation Trial Over Bill Hwang's Spectacular $36 Billion Implosion Begins This Week
13.05.2024, 16:21 Uhr. ZeroHedge News - https: - Market Manipulation Trial Over Bill Hwang's Spectacular $36 Billion Implosion Begins This Week The trial over Bill Hwang's Archegos Capital Management begins this week. The charges in Hwang's trial come from the 2021 collapse of the $36 billion dollar Archegos and Reuters has said that testimony could last up to 8 weeks. Prosecutors have said that Archegos'...
Futures Gain With All Time Highs In Sight As Key CPI Report Looms
13.05.2024, 14:03 Uhr. ZeroHedge News - https: - Futures Gain With All Time Highs In Sight As Key CPI Report Looms US equity futures extended last week's solid gains when they traded just about 1% below all time highs, as investors awaited key CPI later this week that will shape the Fed's actions in coming months. As of 7:30am, contracts on the S&P 500 rose about 0.2% (but still below Friday's highs)...
Who Are We Protecting, And From What?
13.05.2024, 12:31 Uhr. ZeroHedge News - https: - Who Are We Protecting, And From What? Authored by Omid Malekan via Medium.com, Gambling is increasingly legal in the US: Casinos, sports betting, the lottery, and so on. The economic benefits of most forms of gambling are limited. There is some job creation and collection of additional taxes, but these benefits come at the expense of players. Put differently:...
CFTC Aims To Ban Derivatives Based On Elections, Athletic Competitions And Awards Contests
13.05.2024, 05:00 Uhr. ZeroHedge News - https: - CFTC Aims To Ban Derivatives Based On Elections, Athletic Competitions And Awards Contests Previously enjoyed betting on the outcome of an event, like a Presidential election? The CFTC wants to make sure that doesn't happen again. According to the Wall Street Journal, the regulator is now targeting "derivatives contracts based on political elections...
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