Finance

FTX founder Sam Bankman-Fried leaves the courthouse following his arraignment in New York City on December 22, 2022. Ed Jones | Afp | Getty Images It wasn’t just Tom Brady and Gisele Bündchen. The roster of high-profile investors who lost money betting on crypto exchange FTX also included New England …

The Chinese and Hong Kong flags flutter outside the Exchange Square complex in Hong Kong on Feb. 16, 2021. Zhang Wei | China News Service via Getty Images Asia-Pacific’s leading index entered a bull market this week, fueled by a rally in Chinese stocks from optimism surrounding the nation’s reopening …

Traders at the New York Stock Exchange on Dec. 21, 2022. Michael M. Santiago | Getty Images News | Getty Images The bond market suffered a significant meltdown in 2022. Bonds are generally thought to be the boring, relatively safe part of an investment portfolio. They’ve historically been a shock …

Fuse | Corbis | Getty Images When it comes to investing, you may know less than you think — and that overconfidence may be costly. Almost 2 out of every 3 investors rate their investment knowledge highly, and 42% are comfortable making investment decisions, according to a recent report published …

Shoppers line up outside a Costco to buy supplies after the Hawaii Department of Health on Wednesday advised residents they should stock up on a 14-day supply of food, water and other necessities for the potential risks of novel coronavirus in Honolulu, Hawaii, U.S. February 28, 2020. Courtesy of Duane …

Atlanta Federal Reserve President Raphael Bostic said Friday that December’s jobs report, with its slowdown in wage increases and better-than-expected employment growth, doesn’t change his view on monetary policy. The central bank official said he still sees interest rates rising, up past 5% for the Fed’s benchmark funds rate, where …

The Huobi crypto exchange logo displayed on a smartphone. Nikolas Kokovlis | Nurphoto via Getty Images Digital currency exchange Huobi on Friday reportedly said it plans to reduce its global headcount by about 20%, in the latest round of layoffs to hit the beleaguered cryptocurrency industry. The Seychelles-based company is …

Chief Brand Officer and TV Personality of WWE, Stephanie McMahon delivers her keynote address at the opening of Sports Matters in conjunction with All That Matters 2016 in Singapore on September 14, 2016. Roslan Rahman | AFP | Getty Images Check out the companies making headlines in premarket trading. World …

Bank of America top banker Rick Sherlund sees a major market shift ahead. According to Sherlund, optimism surrounding technology stocks will make a comeback this year — but the key is to weather the upcoming earnings season first. “What we need to do is de-risk 2023 numbers,” the firm’s vice …

As her 40-year central banking career comes to a close, Kansas City Federal Reserve President Esther George is advising her colleagues to stay tough in their efforts to stamp out runaway inflation. George said Thursday that she thinks the Fed should raise its benchmark borrowing rate above 5% and keep …