John Hugh DeMastri

Disgraced Crypto CEO Took $1 Billion Loan From His Own Hedge Fund — That He Reportedly Bailed Out With Client Money

Now-bankrupt trading house Alameda Research allegedly loaned $1 billion to co-founder and former CEO Sam Bankman-Fried after he reportedly loaned…

3 years ago

Get Ready To Pay Up To 20% More For Thanksgiving Dinner

The cost of a typical Thanksgiving dinner this year will increase by roughly 20% compared to last year due to…

3 years ago

Get ‘Hardcore’ Or Get Out, Musk Tells Twitter Employees

Twitter CEO Elon Musk told employees that they had until Thursday to agree to an “extremely hardcore” agenda at Twitter…

3 years ago

Biden’s Treasury Secretary Pours Cold Water On Dem Hopes Of Musk Investigation: ‘No Basis’

Treasury Secretary Janet Yellen said Tuesday that her agency had “no basis” to investigate the finances of Twitter following calls…

3 years ago

Despite Cooling Inflation, The Fed Likely Won’t Declare Victory

Despite signs that inflation may be easing, the Federal Reserve is unlikely to declare victory as a key inflation metric…

3 years ago

Rampant Inflation Has Eroded New York City’s ‘Bold’ $15 Minimum Wage Hike

Nearly four years after New York City’s minimum wage hit $15 per hour, that same wage is now worth just…

3 years ago

Disney Set For Layoffs After Billion Dollar Earnings Miss

CEO Bob Chapek of Disney told executives that layoffs at the entertainment giant were likely, just days after a weak…

3 years ago

Musk Tells Twitter Staff ‘Bankruptcy Isn’t Out Of The Question’ As Executives Jump Ship Over Privacy Concerns

At an all hands meeting with Twitter employees following the departure of several top executives over user privacy concerns, CEO…

3 years ago

DeSantis, Rubio Pummel Dem Challengers In Dominant Wins

Republican Gov. Ron Desantis and Sen. Marco Rubio of Florida defeated Democratic challengers to retain their positions, according to Reuters.…

3 years ago

More Americans Can’t Afford Their Car Payments In Biden’s Economy, Analysts Say

Delinquency rates on U.S. auto loans hit their highest level in over a decade as low-income borrowers struggle with the…

3 years ago

DOJ Announces Largest Seizure Of Cryptocurrency Assets Ever

The Department of Justice (DOJ) seized over $3.36 billion in the form of the cryptocurrency bitcoin last year over fraud…

3 years ago

Share Of First-Time Buyers Plummets As Young Americans Are Pushed Out Of The Housing Market

First-time homebuyers are now much older and comprised the lowest share of homebuyers since National Association of Realtors (NAR) records…

3 years ago

Musk To Lay Off Half Of Twitter’s Staff

Twitter CEO Elon Musk reportedly plans to lay off half of Twitter’s staff, around 3,700 people, in a cost-cutting measure…

3 years ago

Federal Reserve Hikes Rates Again as Inflation Rages

The Federal Reserve announced an interest rate hike of 0.75 percentage points, bumping the range of the federal interest rate…

3 years ago

There’s A Massive Red Flag In October’s Rosy Job Report

Despite a seemingly strong October jobs report by payroll firm ADP, a spike in the service sector overshadowed broad weakness…

3 years ago