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On day one of Sam Bankman-Fried’s criminal trial, assistant U.S. attorney, Danielle Sassoon, rattled off a lengthy list of potential witnesses who might be called to testify for either the government or the defense. The list, which was compiled jointly by both sides, was released during the afternoon session and included Bankman-Fried’s brother, Gabe, as
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Sam Bankman-Fried, the founder of bankrupt cryptocurrency exchange FTX, arrives at court as lawyers push to persuade the judge overseeing his fraud case not to jail him ahead of trial, at a courthouse in New York, August 11, 2023. Eduardo Munoz | Reuters Sam Bankman-Fried, the alleged crypto criminal who stands accused of masterminding one
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Just a few months ago, investors appeared relatively sanguine about the dreaded prospect of stagnant economic activity and rising inflation. Oil prices surging to the brink of $100 per barrel and the specter of higher for longer inflation have renewed concern about stagflation risks, however. “I think that the big bogeyman out there is stagflation,
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Sopa Images | Lightrocket | Getty Images Authorities have arrested crypto fugitive Su Zhu, co-founder of bankrupt digital asset hedge fund Three Arrows Capital, who was apparently attempting to flee Singapore at the time. Liquidators handling the bankruptcy estate of the collapsed fund, known as 3AC, said in a statement on Friday that Zhu was
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In this article Follow your favorite stocksCREATE FREE ACCOUNT VinFast electric vehicles are parked before delivery to their first customers at a store in Los Angeles, March 1, 2023. Lisa Baertlein | Reuters Vietnamese electric vehicle maker VinFast‘s ambitious plan to deliver as many as 50,000 vehicles this year is “unrealistic,” according to one analyst.
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Here’s a rapid-fire update on all stocks in Jim Cramer’s Charitable Trust, the portfolio we use for the CNBC Investing Club. Jim ran through each stock during our September Monthly Meeting on Thursday. Apple (AAPL): Skeptics have argued for years that Apple is no longer a growth company. But that viewpoint overlooks the high-margin, fast-growing services revenue stream
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Matt Johnson, 38, an HVAC technician with ReVision Energy, a New England company specializing in solar energy and electric heat pump installations, works on removing all moisture from the line set of an newly installed electric heat pump on a home in Windham, Maine on Thursday, January 19, 2023. Improved energy efficiency with heat pump
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Prince Abdulaziz bin Salman at the World Petroleum Congress in Calgary, Canada, on Sept. 18, 2023. Bloomberg | Bloomberg | Getty Images Saudi Arabia’s energy minister said Riyadh and Moscow’s decision to extend crude oil supply cuts is not about “jacking up prices,” as Brent futures hover near $95 a barrel and analysts predict further
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