Credit Suisse cuts bonuses following Archegos loss

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‘Real-Life Monopoly’: Pete Davidson, Jack Harlow Deliver Eminem-Inspired Rap Explaining NFTs On SNL

Pete Davidson, Chris Redd and musical guest Jack Harlow delivered an Eminem-inspired rap about non-fungible tokens, or NFTs, on the latest episode of Saturday Night Live. Riffing on Eminem’s “Without Me” video — right down to the Robin costume — Davidson first questions U.S. Treasury Secretary Janet Yellin (Kate McKinnon) about the ...Read More

The SEC Is Investigating Major Tech Investor Softbank

On Wednesday, short seller research site PlainSite posted a letter from the Securities and Exchange Commission on Twitter revealing that the agency is investigating SoftBank, the Japanese telecommunications company and investing giant notorious for financing various unprofitable “technology” companies like WeWork, Uber, Compass, and Oyo. Aaron Greenspan, founder of ...Read More

‘A cop on the beat again’: Biden looks to reassert consumer watchdog agency sidelined by Trump

The Biden administration is working to reassert the government’s top consumer watchdog, which was sidelined by President Donald Trump, just as the U.S. economy is showing signs of revving up. The Consumer Financial Protection Bureau, or CFPB, hollowed out and politicized under Trump after his ...Read More