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How Crypto Insiders Turned ‘Debanking’ Into a Political Storm
Concerns that crypto companies are being purposely cut off from the global banking system have become a political cudgel at an opportune moment for the industry.The New York Times - 1d -
How mafias cash in by preying on hotels, restaurants in Italy
Organized crime groups preying on vulnerable companies are taking home $3.5 billion a year, a research institute warned.CBS News - 21h -
FirstFT: Qatar’s sovereign fund plans to deploy cash ‘aggressively’
Also in today’s newsletter, Microsoft poaches Google DeepMind staff, and court blocks The Onion’s purchase of InfowarsFinancial Times - 22h -
DSW parent’s profit dinged as cash-strapped consumers spend less on winter footwear
Consumers continued to curb spending and warmer-than-usual weather crimped sales of winter offerings, leading to a fourth straight profit miss and third straight sales miss for Designer Brands Inc.MarketWatch - 1d -
Merch glorifying UnitedHealthcare CEO killer floods online stores
On e-commerce platforms like Etsy, TikTok Shop, eBay and Redbubble, sellers are hawking merchandise featuring designs inspired by the fatal shooting of UnitedHealthcare CEO Brian Thompson.NBC News - 1d -
Who is David Sacks, Trump's crypto and AI czar?
The second Trump administration is poised to be a powerful ally for the crypto industry. President-elect Donald Trump spoke highly of cryptocurrencies on the campaign trail, and his cabinet picks ...CBS News - 2d -
Bank accounts locked and cash withdrawn after elderly gave power to law firm partner
BBC hears how people felt pressured to grant lasting power of attorney to a man called Ron Hiller.BBC News - 2d -
Crypto industry prepares for Trump's second term
The crypto companies that invested in the 2024 elections are hoping to win big returns on their investment as President-elect Donald Trump prepares for his second term in office. Axio's crypto ...CBS News - 2d -
Dodgers’ Deferred Deals Infuse New Cash Into Old Tactic
DALLAS — The last time we saw the Los Angeles Dodgers, they came back from a 5-0 deficit to win Game 5 and the World Series over the New York Yankees at Yankee Stadium. Since then, they’ve been ...Yahoo Sports - 3d -
Crypto cash flooded the election. Here's why and the impact it may have | 60 Minutes
The price of Bitcoin hit record highs after President-elect Donald Trump’s win. Ripple CEO Brad Garlinghouse explains why the crypto industry poured millions into super PACs ahead of the election.CBS News - 3d -
Who were the 2024 election's "crypto voters"?
A leading cryptocurrency executive told 60 Minutes crypto's success was not just because of the enormous amount of money the industry spent on ads. It was also because people they described as ...CBS News - 3d -
Bettor cashes historic $3.1 million wager on Eagles to beat Panthers after Carolina nearly pulled off upset
The bettor netted roughly $442,800 on the wagerCBS Sports - 3d -
Why Disney Is Plowing Cash Into a Cruise Line Expansion
The entertainment titan plans to launch seven new cruise ships by 2031, looking to overseas markets far from theme parks.The Wall Street Journal - 3d -
Starmer to meet Saudi crown prince in push for infrastructure cash
Wooing of Mohammed bin Salman controversial because of human rights concerns. Keir Starmer will meet Saudi Arabia’s de facto leader, Crown Prince Mohammed bin Salman , as part of a controversial ...The Guardian - 4d -
Holding cash heading into 2025? Retirees should consider this ‘guaranteed’ investment strategy in the new year.
Now could be a good time to invest in TIPS.MarketWatch - 4d -
Payments Are Going Digital, but Many Seniors Still Rely on Cash
“We’re putting another burden on the elderly that we don’t have to,” one researcher said.The New York Times - 4d -
Cash App Wades Into the Exclusive World of Presale Concert Tickets
Legacy credit cards and banks aren’t the only banking options to come with perks for premium access to events anymore.The New York Times - 5d -
Who is David Sacks, Trump's crypto and AI chief?
Venture capitalist David Sacks has been tapped to serve as President-elect Trump’s White House czar for artificial intelligence (AI) and cryptocurrency, taking on a newly created role to lead the ...The Hill - 5d -
Big Crypto | Sunday on 60 Minutes
Rarely in American politics has a new industry spent so much money, with such apparent impact, as the cryptocurrency business did in the last election. This Sunday, Margaret Brennan reports on the ...CBS News - 5d -
Always choose cash over crypto, says pro-sports superagent
As bitcoin hits $100,000, legendary agent Leigh Steinberg weighs in on whether athletes should accept crypto as payment.MarketWatch - 5d -
Trump names David Sacks as AI, crypto czar
President-elect Trump said Thursday that venture capitalist David Sacks will serve as the White House artificial intelligence (AI) and cryptocurrency czar. In the newly created role, Sacks will ...The Hill - 6d -
How 20 big U.S. stocks are expected to rank as ‘cash machines’ in 2025
Among the Magnificent Seven, Alphabet is expected to have the highest free cash flow yield.MarketWatch - 6d -
Crypto prices soar as Trump’s SEC pick stokes hope for more ETFs
President-elect Donald Trump’s nomination of Paul Atkins to chair the Securities and Exchange Commission could usher in a new era of crypto-friendly financial regulation in Washington.MarketWatch - Dec. 5 -
One in five shop purchases now made in cash
Notes and coins used in a fifth of transactions, say retailers - a second consecutive annual rise.BBC News - Dec. 5 -
Councils call for cash to cover homeless bill shortfall
The Local Government Association says a freeze on central funding has cost councils nearly £740m since 2019.BBC News - Dec. 5 -
Trump plans to nominate Paul Atkins as SEC chair in crypto-friendly move
President-elect Donald Trump plans to nominate financier Paul Atkins to head the Securities and Exchange Commission.CNBC - Dec. 4 -
Crypto advocate Paul Atkins picked as SEC chair by Donald Trump
President-elect also names Gail Slater to run the antitrust unit at the justice departmentFinancial Times - Dec. 4 -
Founder of Failed Crypto Lending Platform Celsius Network Pleads Guilty to Fraud
Alexander Mashinsky faces decades in prison after illegally manipulating prices and admitting to commodities and securities fraud.Inc. - Dec. 4 -
She Was a Russian Socialite and Influencer. Cops Say She’s a Crypto Laundering Kingpin
Western authorities say they’ve identified a network that found a new way to clean drug gangs’ dirty cash. WIRED gained exclusive access to the investigation.Wired - Dec. 4 -
Russian criminals helped UK drug gangs launder lockdown cash
UK drug gangs paid Russian criminals to swap their dirty street cash for untraceable cryptocurrency, police say.BBC News - Dec. 4 -
UK uncovers vast crypto laundering scheme for gangsters and Russian spies
Multibillion-dollar ring across London, Moscow and Dubai connected cash-rich criminals with sanctions evadersFinancial Times - Dec. 4 -
Trump Nominates Crypto Fan Paul Atkins to Run the SEC
Atkins is the co-chair of a crypto industry advocacy group.Inc. - Dec. 3 -
Alex Mashinsky: founder of bankrupt crypto firm to plead guilty to fraud
Mashinsky, 59, who led Celsius and was charged last year on seven criminal counts, agrees to plead guilty to two. Alex Mashinsky, the founder of bankrupt cryptocurrency lender Celsius Network, said ...The Guardian - Dec. 3 -
How to Turn ‘Boring’ Businesses Into Cash-Flow Machines
In ‘Main Street Millionaire,’ Codie Sanchez describes how to make money buying the types of businesses that most people ignore.Inc. - Dec. 3 -
Top tech stocks are ‘cash machines,’ so keep buying, says the dean of valuation
Aswath Damodaran, the NYU Stern School of Business finance professor, says big tech stocks are “insanely profitable,” and should be bought in case of pullbacks.MarketWatch - Dec. 3 -
Prosecution makes closing argument in murder trial over stabbing death of Cash App founder Bob Lee
Closing arguments have begun in the trial of a tech consultant in the stabbing death of Cash App founder Bob Lee in San Francisco last yearABC News - Dec. 2 -
3 Top CEOs Share Their Best Cash-Flow Tips
How the executives behind UrbanStems, Luminary, and FinCore stay on top of their business’s budgets.Inc. - Dec. 2 -
Enron Announces Its Return From the Dead With Crypto Patents and a Bunch of Merch
From the people who brought the world ‘Birds Aren’t Real’ comes a sequel befitting 2024’s Bitcoin rallies and general absurdity.Inc. - Dec. 2