Some $1.7 million in cryptocurrency vanished from a trading firm linked to FTX founder Sam Bankman-Fried just days after he was released on bail, according to reports. Read More.
Pension funds have struggled in 2022, amid market fluctuations, in part brought on by speculation over the Federal Reserve's interest rate hikes as it seeks to combat inflation. Read More.
U.S. government pension funds currently have the lowest cash holdings since the 2008 financial crisis, and corporate pensions’ cash holdings are barely above the 13-year low they hit in 2021, Read More.
Next month, the U.S. Postal Service will be busier than usual. Not because of late Christmas cards or thank-you letters, but because of the extra Form 1099-Ks the IRS will be mailing out. Read More.
The national average gas price is expected to fall over the coming months but could rise back up to $4 a gallon as early as May, according to estimates from GasBuddy, a company that tracks gas prices across the country. Read More.
The Los Angeles Homelessness Services Authority, a joint commission created by the city and county of Los Angeles, released a report this week that was upbeat, Read More.
Two executives associated with FTX have reached a plea agreement with prosecutors allowing them to post bail in exchange for pleading guilty to their role in the multibillion-dollar cryptocurrency fraud. Read More.
“If you participated in misconduct at FTX or Alameda, now is the time to get ahead of it. We are moving quickly and our patience is not eternal.” Read More.
Russia has blasted Ukrainian President Zelensky's Wednesday visit to Washington and appearance before Congress, calling it a "Hollywood-style trip" that's meant keep the fires of "proxy war" against Russia burning. Read More.