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MI Exclusive

The Mormon Church and its investment arm will pay $5 million to settle SEC charges that it went to 'great lengths' to avoid disclosures related to its massive portfolio

Tue, 02/21/2023 - 13:53

Tech Insider

Mormon Church — The Church of Jesus Christ of Latter-Day Saints' temple in Salt Lake City, Utah.
Shutterstock

Markets, MI Exclusive, LDS Church, Church of Jesus Christ of Latter-Day Saints, mormon church, SEC, SEC charges

The US housing market could be close to bottoming out as existing home sales plunge to their lowest level since 2010, National Association of Realtors says

Tue, 02/21/2023 - 13:50

Tech Insider

Housing market home for sale — People walk by a sold sign in front of a house along the Erie Canal in Pittsford, New York, on Monday, Sept. 6, 2021.
Ted Shaffrey/AP Photo

Markets, MI Exclusive, housing market crash, Mortgage crisis, mortgage rates, 30-year fixed mortgage rate, rising interest rates

Russian mercenary leader Yevgeny Prigozhin's oil, gas, gold and diamond businesses generated $250 million in revenue despite sanctions, report says

Tue, 02/21/2023 - 13:36

Tech Insider

Yevgeny Prigozhin Russia Wagner Group — Yevgeny Prigozhin.
Mikhail Metzel\TASS via Getty Images

Markets, MI Exclusive, Wagner, commodites, Yevgeny Prigozhin, Natural resources

Everything we know about Nishad Singh, the 27-year-old former FTX exec who had an 8% stake in the crypto exchange

Tue, 02/21/2023 - 13:23

Tech Insider : Crypto

NurPhoto/Getty Images

Markets, MI Exclusive, crypto, cryptocurrency, ftx, alameda, alameda ventures

Here's why history's most reliable recession indicator no longer works

Tue, 02/21/2023 - 12:42

Tech Insider : Economy

Trader at NYSE — A trader works at the New York Stock Exchange NYSE in New York, the United States, on March 9, 2022.
Michael Nagle/Xinhua via Getty

Markets, MI Exclusive, Stock Market Outlook, economy, Recession, inverted yield curve, Interest Rates

Buy Meta stock as Mark Zuckerberg takes a page from Elon Musk's playbook, Bank of America says

Tue, 02/21/2023 - 12:07

Tech Insider

Elon Musk disses Mark Zuckerberg — Mark Zuckerberg and Elon Musk.
Associated Press

Markets, MI Exclusive, Stocks, meta, facebook, Mark Zuckerberg, Elon Musk

Fake ChatGPT tokens are flooding the market as crypto scammers take advantage of the AI craze

Tue, 02/21/2023 - 12:07

Tech Insider : Crypto

ChatGPT has sparked a 'Game of Thrones' AI war among tech companies.

Sopa Images/Getty Images

Markets, MI Exclusive, ChatGPT, Chatbot, Microsoft, bing, alphabet

Credit Suisse's chairman faces probe over comments that potentially misled investors about client fund outflows, report says

Tue, 02/21/2023 - 12:01

Tech Insider

Credit Suisse chairman Axel Lehmann.

Courtesy of Credit Suisse

Markets, MI Exclusive, Stocks, Credit Suisse, FINMA, outflows, capital outflows

The US maintaining strong growth is a fairy tale and the economy doesn't have a 'get out of jail free card' that can help stave off a slowdown, economist David Rosenberg says

Tue, 02/21/2023 - 11:48

Tech Insider

david rosenberg — Economist David Rosenberg.
Screenshot via Bloomberg TV

Markets, MI Exclusive, Recession, recession prediction, US economic outlook, no landing, soft landing

The stock market is under pressure because 3 key sources of liquidity have dried up, Bank of America says

Tue, 02/21/2023 - 11:14

Tech Insider

NYSE Trader — Andrew Kelly/Reuters

Markets, MI Exclusive, Stock Market Outlook, Stock Market Analysis, Stock Market, Analyst Note, Trading

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