FTX co-founder and ex-head of hedge fund Alameda Research respectively… – CNN | NutSocia

CNN — Two senior executives linked to collapsed crypto exchange FTX have pleaded guilty to multiple criminal charges and are cooperating with federal prosecutors, according to unsealed court filings. In addition, the couple faces civil fraud charges from the Securities and Exchange Commission, which were announced Wednesday night. Gary Wang, the co-founder of FTX, and … Read more

Republicans will control the House of Representatives, but there’s not much they can do to fix the economy quickly – CNN | NutSocia

CNN — Republicans in Congress have repeatedly blamed President Joe Biden and their Democratic counterparts for rising inflation and the troubled economy. But even though the GOP seized control of the House of Representatives in the midterm elections, albeit by a very slim margin, there’s not much the party can do to cut prices quickly … Read more

Fed and White House unite for day that gets to the heart of Biden’s policy issue – CNN | NutSocia

CNN — Two centers of power in Washington on Wednesday will reveal the politically toxic dynamics of the key economic issue threatening President Joe Biden’s congressional majorities with midterm elections less than a week away. The Fed is likely to trigger another historic rate hike, and Biden will host an event about a half-mile away … Read more