This post was originally published on TKer.co It was a rough week in the stock market as the Federal Reserve renewed its commitment to do whatever it takes to bring down inflation, even if it means pain in the economy. The S&P 500 fell 4.6% to close the week at 3,693.23. The index is now down 23.0% from its January 3 closing high of 4,796.56 and up just 0.7% from its June 16 closing low of 3,666.77. The global market rout came with surging interest rates and a strengthening dollar. It’s a big… Source link
Read More »As the NFL’s Deshaun Watson case nears its conclusion, the next step is murky and frustrating
As we approach the final stage of the NFL’s personal conduct ramifications for Cleveland’s Deshaun Watson, there are no shortage of questions and a vast supply of frustration and vague answers surrounding the case of the Browns quarterback who was accused of sexual misconduct or sexual assault against multiple women, a violation of the league’s personal conduct policy. It’s partly due to Watson’s case being the first test to an altered disciplinary system and because the first arbitrator… Source link
Read More »Trail of Brothers Linked to Missing Bitcoin Stash Is Still Murky
(Bloomberg) — The Cajee brothers, who ran a cryptocurrency investment platform from South Africa that the local regulator suspects of being a Ponzi scheme, are confounding both their family and desperate investors alike. It’s still hard to establish the whereabouts of Ameer and Raees Cajee, the pair that operated Johannesburg-based Africrypt since 2019. They appear to have vanished, along with an estimated $3.6 billion in Bitcoin — an amount that a lawyer for the brothers said was… Source link
Read More »