Crypto Entrepreneurs Fail to Capture Elon Musk’s Attention With $600,000 Goat Statue

Crypto Entrepreneurs Fail to Capture Elon Musk’s Attention With 0,000 Goat Statue

AUSTIN, Texas — Even as a chilly night began to set in outside Tesla headquarters here Saturday, a group of cryptocurrency entrepreneurs had no intention of leaving until Elon Musk , the man they named their currency, accepts a £12,000 sculpture of a goat-headed Mr Musk riding a rocket. This is the latest stunt in … Read more

Chevron gets new US license to pump oil in Venezuela again

Chevron gets new US license to pump oil in Venezuela again

WASHINGTON—The United States has said it will allow Chevron Corp. CLC -0.29% to resume pumping oil from its Venezuelan oil fields after President Nicolás Maduro’s government and an opposition coalition agreed to implement an estimated $3 billion humanitarian aid package and continue dialogue in Mexico City on efforts to organize free and fair elections. Following … Read more

Employers are rethinking the need for college degrees in a tight job market

Employers are rethinking the need for college degrees in a tight job market

Companies like Alphabet Inc. Google, Delta Airlines Inc. and International Business Machines Corp. reduced training requirements for some positions and refocused hiring to focus more on skills and experience. This year, Maryland reduced college degree requirements for many jobs in the state, leading to increased hiring, and Pennsylvania’s new governor, Josh Shapiro, campaigned on a … Read more

More and more people are using “buy now, pay later” to do their holiday shopping, but experts say it’s a double-edged sword and Black Friday is suffering from the ill wind of high prices and worries. economic

More and more people are using “buy now, pay later” to do their holiday shopping, but experts say it’s a double-edged sword and Black Friday is suffering from the ill wind of high prices and worries. economic

Hi, MarketWatchers. Don’t miss these top stories. Black Friday dilemma: More people are using ‘buy now, pay later’ for holiday shopping, but experts say it’s a double-edged sword “Buy now, pay later” offers a new twist on the concept of layaway, which has become increasingly popular among cash-strapped young consumers. Read more “Most economists predict … Read more

More and more people are using “buy now, pay later” to do their holiday shopping, but experts say it’s a double-edged sword and Black Friday is suffering from the ill wind of high prices and worries. economic

More and more people are using “buy now, pay later” to do their holiday shopping, but experts say it’s a double-edged sword and Black Friday is suffering from the ill wind of high prices and worries. economic

Hi, MarketWatchers. Don’t miss these top stories. Black Friday dilemma: More people are using ‘buy now, pay later’ for holiday shopping, but experts say it’s a double-edged sword “Buy now, pay later” offers a new twist on the concept of layaway, which has become increasingly popular among cash-strapped young consumers. Read more “Most economists predict … Read more

Jeffrey Epstein accusers sue Deutsche Bank, JPMorgan

Jeffrey Epstein accusers sue Deutsche Bank, JPMorgan

Both lawsuits seek class action status and unspecified damages. They were both brought in by lawyers who represented many of the late financier’s accusers. The lawsuits were filed in federal court in New York on Thursday. “Now is the time for the real enablers to be held accountable, especially his wealthy friends and the financial … Read more

Twitter Exodus hits regulatory and content teams globally

Twitter Exodus hits regulatory and content teams globally

Elon Musk’s decision to purge Twitter Inc. employees who don’t share his vision has led to a wave of departures among policy and security staff around the world, prompting questions from regulators in key jurisdictions on the site’s ongoing compliance efforts. Oversight has been particularly tight in Europe, where authorities have taken on a bigger … Read more

Central Banks Must Buy Bitcoin to Hedge Against Sanctions: Harvard Ph.D. Candidate

Central Banks Must Buy Bitcoin to Hedge Against Sanctions: Harvard Ph.D. Candidate

A research paper published at Harvard University advocates that central banks buy bitcoin BTCUSD, +2.25% as protection against sanctions from other countries. The article, titled “Hedging Sanctions Risk: Cryptocurrency in Central Bank Reserves,” was written by a Ph.D. candidate Matthew Ferranti of Harvard’s Department of Economics, and compares central bank gold reserves to holdings bitcoin … Read more

Credit Suisse warns of $1.6 billion loss after clients withdraw cash

Credit Suisse warns of .6 billion loss after clients withdraw cash

Credit Suisse CS -1.45% Group AG warned it would lose about $1.6 billion in the fourth quarter after customers withdrew their investments and deposits due to concerns about the bank’s financial health. The second-largest Swiss bank by assets said outflows accounted for about 6% of its total assets of $1.47 trillion, or about $88.3 billion, … Read more

FTX Indicates Substantial Amount of Stolen or Missing Crypto Assets

FTX Indicates Substantial Amount of Stolen or Missing Crypto Assets

A significant amount of FTX assets are either missing or stolen, an attorney for the failed cryptocurrency exchange claims in court, promising to cast a wide net to potentially secure billions of dollars in funds that passed through the company he called the “personal fiefdom” of co-founder Sam Bankman-Fried. Tuesday’s hearing marked an inflection point … Read more