The crypto industry is still reeling from last week's shocking death spiral of digital currency exchange FTX. The company's bankruptcy filing has left financial backers in the lurch — including the usual suspects in Silicon Valley, from Masayoshi Son's SoftBank to VC firm Sequoia.
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| News: What you need to know about the markets | | | | | | How the crypto fallout could affect you | | The crypto industry is still reeling from last week's shocking death spiral of digital currency exchange FTX. The company's bankruptcy filing has left financial backers in the lurch — including the usual suspects in Silicon Valley, from Masayoshi Son's SoftBank to VC firm Sequoia. Read more » | | | Buyer Beware. Even if your favorite movie star is selling | | The best advice for investors has always been: Buyer beware. Read more » | | | Look out, Costco. Sam's Club drops its hot dog combo to $1.38 | | There's a retail price war on hot dog and soda combos. Read more » | | | Bankrupt crypto exchange FTX may have over 1 million creditors as 'dozens' of regulators probe collapse | | Bankrupt crypto exchange FTX could have more than 1 million creditors and has been in contact with "dozens" of regulators around the world, according to court documents, underlining the far-reaching impact from the stunning collapse of one of the industry's biggest players. Read more » | | | Inflation is cooling, and Wall Street loves it | | Stocks surged Tuesday morning after the US government reported that wholesale prices rose at a far less dramatic rate than expected. That news come just a few days after another report showed that the pace of consumer price increases was also slowing. Read more » | | | Home Depot customers are spending more, but that's mainly due to inflation | | Good news for home improvement retail giant Home Depot: Sales were up nearly 6% from a year ago, topping Wall Street's forecasts. Earnings were better than expected too. Read more » | | | | | | | | | |
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