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All Eyes on the Next Fed Meeting: Market Trajectories Hinge on Decision


Equities, precious metals, and cryptocurrencies have been on a tear during the last three weeks of 2023, and all eyes are now focused on the next Federal Open Market Committee (FOMC) meeting, which is 11 days away. On Friday, Federal Reserve governor Christopher Waller said that he favors...

Bankruptcy Court Terminates FTX Naming-Rights Agreement for Miami Heat Arena


A federal bankruptcy court in the U.S. has ended the FTX naming-rights agreement for Miami Heat’s basketball stadium. The sports venue was branded FTX Arena as part of a multi-year, multi-million dollar sponsorship deal between the now-bankrupt crypto exchange and Miami-Dade County in 2021....

Uncertainty Surrounds Federal Reserve’s Future Plans for Rate Hikes


The U.S. Federal Reserve has raised the benchmark bank rate seven times during the course of 2022, leading many to question when the central bank will cease or change course. The Fed has stated that it aims to bring inflation down to the 2% target, and the increases to the federal funds rate...

Are Federal Prosecutors About to Indict Binance as Hedge Funds Face Subpoenas


US authorities have sent subpoenas to American hedge funds and market-making companies dealing with Binance, the world’s largest cryptocurrency exchange, asking for records of their communications with the exchange.  According to a Saturday report from the Washington Post, the U.S. attorney’s...

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