Satish Kumbhani allegedly misled investors about BitConnect’s ‘Lending Program.’ BitConnect’s founder was indicted by a federal grand jury for orchestrating a $2.4 billion cryptocurrency Ponzi scheme, the U.S. Justice Department said. Satish Kumbhani, 36, of Read more…
Toyota suspends operations at several plants after a supplier is hit by a cyberattack. Anyone clicking on to the Kojima Industries’ website Monday was greeted with the same message: “This site can’t be reached.” Kojima Read more…
Investors struggle to assess the tech impacts from the Russian invasion of Ukraine. The benchmark PHLX Index (SOX) started the week at 3,452, up 2% over the prior volatile and holiday-shortened week. The SOX is Read more…
Interest is the price you pay to borrow money. Stocksnap from Pixabay; Canva What Are Interest Rates? When people need to finance large purchases like a home or a car, start a business, or pay Read more…
Wondering who made the list of Russians hit with sanctions? TheStreet has you covered. Banking officials, the foreign and defense ministers, and a host of oligarchs are now officially on the sanctioned list for the Read more…
Foot Locker will bring in other brand partners as Nike limits sales to its largest vendor. Cool sneaker maker Nike’s (NKE) – Get NIKE, Inc. Class B Report tagline “Just Do It” perhaps holds profound Read more…
The government is also probing the company for the dissemination of “gay propaganda.” Starting this week, Russia was planning on forcing Netflix (NFLX) – Get Netflix, Inc. Report to start airing what Politco calls “Kremlin propaganda,” Read more…
The two main Russian stock ETFs in the U.S. are the VanEck Russia ETF and the iShares MSCI Russia Capped ETF. The Moscow stock market was closed for trading Monday in light of the financial Read more…
Generation Z can’t afford a median home in any of the country’s 100 largest counties. When it comes to the housing market, lack of affordability is a constant topic of discussion — you’re probably sick Read more…
It is an exotic word, which has become a catch-all since the first American-European sanctions against Russia for having invaded Ukraine. Oligarch. A word that we have heard a lot recently, as if it were Read more…