Usa Financial News

JP Morgan Asset Management fixed income portfolio manager Kelsey Berro discusses when the Fed might start lowering interest rates on Making Money.

By Kane Wu and Anirban Sen

The bitcoiner Max Keiser has apparently retracted his bid to get El Salvador President Nayib Bukele and Argentina’s President-elect Javier Milei to talk BTC.

Crypto exchange Coinbase (COIN) shares have hit an 18-month high after rival exchange Binance and its former CEO Changpeng Zhao pleaded guilty to money laundering and sanctions violations in the United States.

The United States Securities and Exchange Commission is still looking for evidence that Binance.US had a backdoor to potentially control customer assets in a similar style to FTX, according to a Nov. 27 report by the Wall Street Journal.

Hold on, financial advisors! Don’t flip that last calendar page just yet. There’s still work to be done.

Bitcoin (BTC) briefly reached $38,000 on Nov. 24 but faced formidable resistance at the price level. On Nov. 27, Bitcoin price traded below $37,000, which is unchanged from a week ago. 

The governance token for crypto mixer Tornado Cash, TORN, has fallen by over 50% since Nov. 26, according to data from CoinGecko. The crash came on the same day that crypto exchange Binance announced it was delisting the token.

Shein, a leading online fashion retailer originating from China, confidentially filed for an IPO in the United States, according to The Wall Street Journal report today, citing people familiar with the matter.

Tokyo Revengers Season 3 Episode 9 is just around the corner, and set to be released on Wednesday, November 29, 2023, at midnight in Japan. In the US, Tokyo Revengers Season 3 Episode 9 will release on 2 pm (ET) on November 28. Viewers in US can catch the episode on streaming platforms such as Hulu and Disney Plus. While the seventh episode drew attention with the intense battle between Tenjiku and Toman, the narrative focus shifted in the eighth episode. The spotlight was on Koko and Inupi, delving into Koko's motivations for pursuing wealth through illicit means. The latest episode of Tokyo Revengers Season 3 explored the reasons behind Koko's fixation on making money and her involvement in a life of crime. Additionally, the concluding moments of the eighth episode showcased the Haitani Brothers taunting Angry. The eighth episode commenced with the confrontation between Inupi and Koko, unveiling the revelation that Akane is Seishu's older sister. As the series unfolds, fans anticipate further developments and revelations in the upcoming episode.

Reeling from a bear market last year, beaten-up investors decided to send more than US$60 billion to exchange-traded funds focusing on dividends.

Binance founder Changpeng Zhao (CZ) could be sentenced to up to ten years in prison following his exchange’s historic legal settlement last week, according to a new filing from the Department of Justice (DOJ).

Taylor Morrison CEO Sheryl Palmer discusses the headwinds facing the housing market after a drop in August existing home sales on 'The Claman Countdown.'

Jujutsu Kaisen Season 2 Episode 19 is poised to deliver another emotionally charged episode, following the recent tragedies in Shibuya. Fans of Jujutsu Kaisen are still grappling with the sorrowful demise of Nanami, and the upcoming Jujutsu Kaisen Season 2 Episode 19 is anticipated to bring another poignant narrative. Scheduled for release on November 30 at 12:00 am (JST), Jujutsu Kaisen Episode 19 will continue to unravel the story. Fans can catch the new episodes every Thursday, with Crunchyroll making them available across various time zones just two hours after the Japanese broadcast. For «Jujutsu Kaisen» fans in the US, the show will premier 1 pm (ET). In this episode, viewers can expect to witness the continuation of Nobara's confrontation with Mahito's double. Despite numerous warnings to evacuate Shibuya, Nobara remains steadfast, choosing to stand her ground alongside her friends in the intense battle.

Binance founder and former CEO, Changpeng Zhao, must stay in the U.S. for the time being until his sentencing in February of next year, a federal judge has ruled.

Following his appointment as the new CEO of the world’s largest crypto asset exchange on November 22, Richard Teng has outlined his vision for the platform going forward.

Joe Biden is the only President in the history of US to be over 80 while in office. The incumbent chief executive, who recently celebrated his 81st birthday, was also the oldest American president when he took the top job at the age of 78. His predecessor Donald Trump previously held the record for the country's oldest President. Biden's age has become a cause of concern as the country gears up for election next year.

During the covid years, Americans’ trust in scientists fell, according to a Pew poll. In 2019, only 13% of Americans were distrustful enough to say they weren’t confident in scientists to act in the public’s best interest. Now that figure is 27%—despite recent triumphs in astronomy, cancer research, genetics and more.

Last week, the legal drama featuring the world’s largest crypto exchange and United States law enforcement ended with a plea deal. Binance and Changpeng “CZ” Zhao have admitted violating U.S. Anti-Money Laundering laws, agreeing to pay $4.3 billion in fines. CZ resigned as CEO of Binance as part of the deal. Binance’s former head of regional markets outside the U.S., Richard Teng, is the new CEO.

Changpeng “CZ” Zhao, who pleaded guilty to one felony charge as part of a settlement with the United States Department of Justice involving crypto exchange Binance, may not be permitted to leave the country as he awaits sentencing.

IBM announced the completed installation of a 127-qubit quantum computing system at the University of Tokyo on Nov. 27. According to the company, this marks the arrival of the first “utility-scale” quantum system in the region.