Caroline Ellison, the star witness in the prosecution of her former boyfriend, FTX founder Sam Bankman-Fried, was sentenced Tuesday in New York federal court to two years in prison and ordered to forfeit $11 billion for her role in the massive fraud and conspiracy that doomed the cryptocurrency exchange once valued at $32 billion.The prison term was significantly stiffer than the recommendation by the federal Probation Department that Judge Lewis Kaplan sentence Ellison to three years of supervised release, with no time at all behind bars.Defense lawyers also had requested a no-prison sentence for Ellison, who had run Alameda Research, a…
Author: user
Image source: Getty Images I reckon it’s entirely possible to create a passive income stream by buying dividend stocks, and letting compounding work its magic. Let me explain how I’d approach this challenge. Kicking things off Firstly, I’d open a Stocks and Shares ISA due to the favourable tax implications on dividends received. I’m going to need this due to dividends being the bedrock of building my pot of money. Please note that tax treatment depends on the individual circumstances of each client and may be subject to change in future. The content in this article is provided for information…
Farmers in Vietnam’s Mekong Delta are set to receive nearly $40 million (1,000 billion VND) in carbon credit payments through the country’s 1-million-hectare low-emission rice initiative, Vietnamnet reported on Tuesday.The project, named “One Million Hectares High Quality and Low-Carbon Rice in the MekongDelta” (or 1M Ha Project) and backed by the Transformative Carbon Asset Facility (TCAF), aims to reduce greenhouse gas emissions and promote sustainable growth.On September 23, Vietnam’s Ministry of Agriculture and Rural Development (MARD) held a meeting to discuss the project’s pilot phase.Earlier in September, the World Bank and TCAF approved Vietnam’s Project Idea Note (PIN) for this…
There is continuing economic growth and related positive news. Above all, inflation is declining toward the established Federal Reserve target of 2%.Fed Chairman Jerome Powell and colleagues at the Federal Reserve Board of the United States have therefore cut interest rates by fully one-half percent. Interest rates are going down, reflecting the new concern with unemployment.Stock declines have been concentrated in volatile technology sectors. Higher interest rates favor savers and long-term investors. Of particular importance is the crash of cryptocurrency, which is another name for gambling.Labor markets are loosening. We are still not in a traditional recession, and in consequence,…
Former Iowa Hawkeye football safety Anthony Gair used to analyze playbooks in preparation for his role on the field. These days, he’s analyzing real estate markets for strategic investments – and while he’s hung up his cleats, he hasn’t hung up on the athlete community. Mr. Gair, together with former Iowa Hawkeye and Dallas Cowboys […]Former Iowa Hawkeye football safety Anthony Gair used to analyze playbooks in preparation for his role on the field. These days, he’s analyzing real estate markets for strategic investments – and while he’s hung up his cleats, he hasn’t hung up on the athlete community.…
Please create an employee account to be able to mark statistics as favorites. Then you can access your favorite statistics via the star in the header. Register now Currently, you are using a shared account. To use individual functions (e.g., mark statistics as favourites, set statistic alerts) please log in with your personal account. If you are an admin, please authenticate by logging in again. Login * For commercial use only Based on your interests 25% off until Sep 30th Free + Premium StatisticsReportsMarket InsightsThe most important statisticsThe most important statisticsThe most important statisticsThe most important statisticsOther statistics that may…
Shares of Nvidia (NASDAQ: NVDA) surged higher on Tuesday, jumping as much as 4.8%. As of 3:20 p.m. ET, the stock was still up 4%.The catalyst that sent the chipmaker and artificial intelligence (AI) specialist higher were reports that the company’s chief executive was done selling stock for now.Sales of more than $700 millionCEO Jensen Huang has sold a large block of Nvidia stock in recent months, a move that caught the attention of investors. In all, he sold roughly 6 million shares worth roughly $713 million as part of a prearranged stock trading plan put in place earlier this…
Pinterest Inc . (NYSE: NYSE:) Strengthens Market Position with High-Intent User Base and Enhanced Advertising CapabilitiesPinterest Inc. (NYSE: PINS) continues to navigate the competitive digital advertising space with strategic initiatives that capitalize on its high-intent user base and direct response advertising strengths. The latest analysis from Oppenheimer & Co Inc. supports an optimistic outlook for the company’s growth and market valuation. Company OverviewPinterest operates as a social media platform known for its visual discovery and inspiration-driven content. With a user base that sees the platform as a shopping destination, Pinterest’s direct response advertising capabilities are increasingly attractive to businesses. With…
The Ford Model B, a groundbreaking vehicle in its time, was introduced in 1932. It followed the success of its predecessor, the Model A, and marked a significant advancement in automotive technology. One of the most notable features of the Model B was its powerful V8 engine, the iconic “Flathead.” This engine, originally a 221-cubic-inch unit capable of producing 65 horsepower, was a major innovation for its time and contributed to the Model B’s popularity. The “Flathead” V8 would later find its way into other Ford models and become one of America’s most historically significant powerplants. While the Model B…
Image source: National Grid plc National Grid (LSE:NG.) shares are enduringly popular among British investors. With reliable cash flows, high dividend payments, and monopoly power over the electricity network, it’s easy to see why this business is a FTSE 100 favourite. But, as the National Grid share price climbs within a few percentage points of an all-time high, I’m wondering whether this blue-chip stock is still a cheap buy right now. Let’s look at the investment case today. A turbulent year National Grid shares are often lauded for stability, but 2024 has been an unusually volatile year. The major event…