Usa Financial News

Sam Bankman-Fried, who was convicted last month of stealing from customers of his now-bankrupt FTX cryptocurrency exchange. In a letter filed on Friday night in federal court in Manhattan, prosecutors said the «strong public interest» in a prompt resolution of their case against the 31-year-old former billionaire outweighed the benefits of a second trial.

By Nate Raymond

By GursimranKaur Mehar and Mrinmay Dey

Blue-chip cryptocurrency markets have been chopping all over the place on Friday, amid a wave of option expiries on the final day of trade of the year for traditional asset markets (crypto markets never shut, so the final day of trade of the year will be the 31st of December).

US to open 4,000 H-1B application slots weekly for Indians, Canadians: Report The premium processing charges for Form I-539, used by the international students, spouses, and dependents of the H-1B visa holders for upgrading their non-immigrant status have been increased to $1,965 from the current $1,750. H-1B visa holders don't need to leave the US for visa renewal - here's why Further, Form 1-765, which is for seeking employment authorisation, such as for F-1 students for their optional practical training (OPT) increased to $1,685 from the existing $1,500.

New Year's Eve Live: Nashville's Big Bash" is taking place this Sunday night. This concert is free and accessible to the public. The five-hour CBS special is scheduled to be broadcast live on Sunday, December 31, at 6:30 pm (CT) on the CBS Television Network and Paramount+. Gates will open at 4:30 pm (CT).

Taylor Swift: The Eras Tour concert film. Taylor Swift: The Eras Tour concert film which broke the haul of $457 million at the box office globally, has announced its next part, as well as the conspicuous Las Vegas residency for the year 2024. The North American leg of the tour will start in Vancouver on 7th February 2024, running through 8th December 2024 and wrapping up in Vancouver, British Columbia. The extension of 33 days, is founded on the run of 52 days, thereby becoming the largest grossing tour in history with ticket sales of $ 2 billion worldwide.

non-compete clauses as part of employment contracts by employers while making top management employee appointments. Yet lawsuits against employees for contract violations are not a frequent phenomenon in India. What happened?

By David Shepardson

(Reuters) — A U.S. judge on Friday ruled against Corcept Therapeutics (NASDAQ:CORT) in a patent infringement lawsuit the pharmaceutical firm had brought against Teva Pharmaceutical (NYSE:TEVA), sparking a frenzied stock sell-off.

A study from Harvard says social media companies collectively made over $11 billion in U.S. advertising revenue from minors last year

It was a tumultuous 2023 for the Chinese economy

A judge in New York has ruled that Alibaba must face a lawsuit by a U.S. toymaker alleging that the Chinese ecommerce giant's online platforms were used to sell counterfeit Squishmallows

More Americans applied for unemployment benefits last week, but not enough to raise concern about the labor market or broader economy

Obesity drugs like Wegovy and Zepbound are capturing the attention of celebrities and showing promising results in helping people shed pounds

A civil rights leader was escorted by police out of a North Carolina movie theater after he insisted on using his own chair for medical reasons

By Davide Barbuscia

By Saqib Iqbal Ahmed

cryptocurrency markets were trading lower on Friday, dragged by Bitcoin, Ethereum, BNB, Cardano, and Chainlink. Meanwhile, the global cryptocurrency market cap declined 0.75% to around $1.67 trillion in the last 24 hours. At 1:16 p.m., BTC was trading 1.5% lower at $42,354, while Ethereum was down 1.3% at $2,344. Currently consolidating at US$42,500, Bitcoin faces immediate resistance at US$43,000. A close above this level may trigger a price surge, with support at US$42,150 on the downside, said Edul Patel, CEO of Mudrex. CoinDCX Research Team said, «BTC has been moving sideways within the range of $41,900 and $44,500 over the past few days, currently sitting at the incline trendline support. If it sustains at this level, there might be a chance for another touch of the resistance level at $44,500.»

XRP, Avalanche, Dogecoin and Polkadot were trading in the red, while BNB, Polygon, Tron, Litecoin, and Chainlink were in the green. Meanwhile, the global cryptocurrency market cap declined 0.21% to around $1.65 trillion in the last 24 hours. At 12:23 pm, bluechip crypto token BTC was trading 0.6% lower at $42,450, while Ethereum was down 0.2% at $2,227. Altcoins, such as BNB, and Polygon (MATIC) jumped 10.4%, and 20.3%, respectively. On the other hand, Polkadot, Avalanche, Chainlink, and Shiba Inu declined 1-5%.

Cryptocurrency markets are unsurprisingly choppy on the final Friday of 2024, as massive option expiries trigger waves of unpredictable buy and sell pressure as market players hedge themselves and reposition ahead of the new year.