Manhattan District Attorney Alvin Bragg was threatened with assassination in a letter containing non-hazardous white powder. The letter was received hours after former President Donald Trump warned of “potential death and destruction” if charged in a criminal investigation led by Bragg. The DA presented evidence to a grand jury regarding a silent payment by Trump … Read more
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Crypto companies are frustrated with the US government for its lack of clear rules for the industry and the Securities and Exchange Commission for its actions against digital currency companies. Unlike other countries, the United States has not yet implemented a comprehensive framework or set of regulations for the crypto industry. The executives told CNBC … Read more
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Jamie Grill | Getty Images More from The New Road to Retirement: Here is an overview of retirement news. More than half of savers prioritize short-term financial goals in 2023, including emergency savings, according to recent research by Fidelity Investments. And a recent Personal Capital survey revealed that building an emergency fund is a top … Read more
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When your budget is tight, it can be difficult to choose between retirement savings and your emergency fund, especially during uncertain economic times. Although the 401(k) contribution limit has jumped to $22,500 for 2023, experts say you shouldn’t forego emergency savings to maximize your plan. Jamie Grill | Getty Images More from The New Road … Read more
Block shares plunged after notorious short seller Hindenburg Research said the company’s flagship Cash App facilitated crime and lacked strong compliance controls. Hindenburg has previously targeted other very large-cap companies, including Indian conglomerate Adani Group. Twitter Inc. co-founder Jack Dorsey speaks at the Bitcoin 2021 conference in Miami, Florida, U.S., Friday, June 4, 2021. Eva … Read more
JPMorgan Chase is advising the beleaguered First Republic Bank on strategic alternatives, sources told CNBC’s David Faber. The alternatives could include a capital raise, the sources said, which could dilute current shareholders. A bank sale is also a possibility. First Republic shares fell 47% in a volatile session, extending a dramatic decline in March. The … Read more
JPMorgan Chase advise the besieged Bank of the First Republic about strategic alternatives, sources told CNBC’s David Faber. The alternatives could include a capital raise, the sources said, which could dilute current shareholders. A bank sale is also a possibility. First Republic shares fell 47% in a volatile session, extending a dramatic decline in March. … Read more