Wall Street extends losses as rates stay higher
Wall Street opened the week with broad declines led by communications services and tech as investors brace for higher rates to curb inflation. The S&P 500 fell 0.9 percent, the Dow shed 0.5 percent, and the Nasdaq dropped 1.5 percent, marking a fifth straight day of losses and a roughly 20 percent year‑to‑date fall for the index.
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Wall Street
European Central Bank
Disney
Microsoft
Home Depot
Facebook
European Union
U.S
Marathon Petroleum
Treasury
Bankman-Fried agrees to U S extradition in FTX case
The Associated Press reports Sam Bankman-Fried has agreed to be extradited to the United States after a Bahamas court appearance. Extradition timing remains unclear as lawyers prepare documents and Bahamian authorities proceed. If transported, he could be held in Brooklyn's federal detention center awaiting charges over misused investor funds and the FTX collapse.
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Sam Bankman-Fried
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Bankman-Fried
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Jerone Roberts
The
New York Times
the Times
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Crypto
FTX
Ben Armstrong
BitBoy Crypto
Armstrong
New York
Brooklyn
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R. Kelly
Martin Shirelli
Ghislaine Maxwell
Jeffrey Epstein
Twitter poll on Musk step down leaves questions unanswered
Millions of Twitter users voted in Elon Musk's poll urging him to step aside as head of the platform with no clear word on a successor by Monday afternoon. The chaotic policies under his tenure have rattled investors in Tesla, whose stock has fallen sharply since the Twitter takeover. In a separate matter, Epic Games will pay 520 million dollars in penalties and refunds to settle FTC complaints over Fortnite privacy and parental consent failures. Stellantis and U S safety regulators confirmed fatalities linked to Takata air bag inflators, warning owners of older Dodge and Chrysler models to stop driving until repairs. The issue has claimed at least 33 lives globally since 2009.
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Twitter
Elon Musk
Musk
Tesla
U.S
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Epic Games Inc
Fortnite
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Lina Khan
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Dodge
Chrysler
Stellantis
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Takata
Australia
Malaysia
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Damian J. Troise
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Conference Board
Fed
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Wedbush
Dan Ives
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AMD
At&t Inc
LincNat
LucidGrp
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Lumentch
Alibaba
McDalds
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IBM
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WellsFargo
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Kalera
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Keycorp
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New York Mercantile Exchange
Chicago Board of Trade
Chicago Mercantile Exchange
Intercontinental Exchange
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