Sam Bankman-Fried, the former big shot of the crypto world, is now behind bars for 25 years. His crimes? Fraud and mismanagement that led to the downfall of FTX, one of the biggest crypto exchanges. Anthony Scaramucci, a well-known financial figure, recently shared his thoughts on this heavy sentenc
Investors are changing their strategies. They are moving away from tech stocks. Instead, they are looking at other areas like banks, factories, and healthcare. This shift is clear in the stock market. The tech-heavy Nasdaq Composite had a tough week. It dropped by 1. 6%. The S&P 500 also fell by 0.
A woman was hurt in a sudden attack at Macy's in Manhattan. The incident happened in the bathroom while she was changing her baby's diaper. The suspect, Kerri Aherne, was recently released from a psychiatric hospital. Aherne, 43, was arrested and will stay in jail without bail. She told police that
Oracle's stock has taken a nosedive, dropping 45% from its peak in September. This week alone, it lost 14% of its value after a disappointing earnings report. The company spent a whopping $12 billion on capital expenditures last quarter, way more than the $8. 25 billion analysts expected. To make ma
A movie from 1946 still holds valuable lessons about money and community. It shows how people in a small town dealt with financial fears. This story can teach us a lot about handling money today. The movie shows a man named George who runs a small bank. When people panic and want to take out all th
Many people finish school without ever learning about money or economics. This is a big problem. In 2025, adults in the U. S. still struggle with basic financial questions. They only got about half of the answers right on a test about personal finance. This shows that financial education is not work
Apollo Global Management took a bold step. They decided to bet against some software companies. These companies were thought to be vulnerable to AI. The companies in question were Internet Brands, SonicWall, and Perforce. This wasn't a small move. The loans involved were less than 1% of Apollo's ma
Joliet is looking at some big changes in its 2026 budget. The city plans to add 11 new jobs, with some of them paying over $100, 000. This news comes as the city council gets ready to vote on the budget. The total cost for these new salaries is almost $920, 000. That's a lot of money, but the good
A recent decision by the Pennsylvania Board of Finance and Revenue (BFR) has left a taxpayer feeling victorious. The BFR told the Department of Revenue to take another look at the taxpayer's account and lower the tax bill. The big question was whether the taxpayer was actually living in Pennsylvania
Crypto is growing up. It's not just about making money fast anymore. Now, the big talk is about privacy and who's watching. Governments and regulators are paying close attention to how crypto works and how to keep an eye on it. A big meeting is happening soon. It's not just any meeting. It's a chan
