Crypto scam wrecks Kansas bank, sends CEO to prison
The former CEO of a small Kansas bank was sentenced to more than 24 years in prison for looting the bank of $47 million — which he sent to cryptocurrency …
United States
Morgan Stanley says crypto miners could gain by becoming data centers
As tech companies consider how best to scale the buildout of data centers over the next few years, Morgan Stanley has identified what it views as an up-and-coming, underappreciated opportunity: …
Does Harris Want To Tax Your Unrealized Bitcoin Gains? Here’s What’s Going On
Rumors are swirling online that Kamala Harris wants to introduce an unrealized capital gains tax if elected President – a move that could theoretically tear up the profits of crypto …
Brain-swelling ‘sloth fever’ detected in Florida as holidaymakers told ‘take precautions’
A DEBILITATING ‘sloth’ fever has been discovered in the US for the first time. The Oropouche virus has been reported in 11 people in Florida, according to the state health …
Singapore’s Kishore Mahbubani calls criticism of his memoir ‘fossilised’ Western views
Despite his admiration for China following its economic reforms under paramount leader Deng Xiaoping in the 1980s, Mahbubani believes China is set to go through a “very difficult patch over …
As China-Saudi ties develop, so will cross-border yuan use, ratings agency says
A deepening of economic relations between China and Saudi Arabia will advance the use of the yuan for oil purchases, S&P Global Ratings said in a report on Tuesday – …
CNBC Daily Open: ‘Crazy’ summer
Traders work on the floor of the New York Stock Exchange during morning trading on Aug. 20, 2024. Michael M. Santiago | Getty Images This report is from today’s CNBC …
Investors are doubling down on stocks — and there are 3 key reasons why
Investors are doubling down on stocks, shaking off fears of an economic slowdown in the U.S. which caused a sell-off earlier this month. Global stock markets fell sharply in early …
How China and Japan’s brotherhood of steel – forged by Deng Xiaoping – ultimately corroded
Symbolic of this seismic shift, the Japanese metals giant Nippon Steel – citing those dwindling sales figures – has announced the end of its 20-year joint venture with Baosteel, the …
Israel-Gaza war: Antony Blinken ends Middle East trip with ceasefire deal still elusive
A senior Biden administration official travelling with Blinken said the US expects the ceasefire talks to continue this week. Blinken travelled to Egypt for talks on Tuesday with President Abdel-Fattah …