failed

The difference between this comeback and the bear market's last failed bounce

The difference between this comeback and the bear market’s last failed bounce

A 17% rise in the S&P 500 after another bear market low in a market steeped in stagflation panic? Was there. Such a rally rushing towards the index’s 200-day average alongside falling bond yields, the volatility index dropping below 20 and hope that the Federal Reserve would soon ease its tightening? It is done. All …

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Founder of failed crypto exchange FTX apologizes to former employees

The founder of failing crypto exchange FTX has written to his former employees to apologize for his role in its collapse and continues to insist that his downfall can only be explained by misplacing $8 billion (£6.7 billion). In the letter, first published by industry news site CoinDesk, Sam Bankman-Fried wrote: “I deeply regret my …

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