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In his first job, Sam Bankman-Fried designed a system that called Trump's 2016 win before major news outlets — but the firm still lost $300 million on election night

Wed, 10/04/2023 - 06:32

Tech Insider : Politics

FTX founder Sam Bankman-Fried leaves Manhattan federal court in New York, Thursday, Feb. 16 — Sam Bankman-Fried.
AP Photo/Seth Wenig

Tech Insider, Markets, sam-bankman-fried, ftx, jane-street, donald-trump, 2016-election

Fiscal excess, the power of Main Street, and US 'debasement': Here are the themes BofA says will dominate markets for the rest of this decade

Sun, 10/01/2023 - 08:30

earth from space apollo 8 nasa — Earth from space as seen by Apollo 8 astronauts.
NASA

Markets, mi-exclusive, Markets, global-markets, BOFA, bank-of-america, wall-street

Steep wage hikes for union workers mark the 'final echo' of the inflation surge, Goldman Sachs says

Fri, 09/29/2023 - 12:52

Tech Insider : Economy, Economy

image of striking actors holding up picket signs in Hollywood — SAG-AFTRA union members went on strike Friday.
CHRIS DELMAS/Getty Images

economy, Markets, economy, Markets, goldman-sachs, Wage, union-strike

'Dumb Money,' the movie based on the 2021 GameStop trading frenzy, comes up short

Fri, 09/29/2023 - 08:21

paul_dano_dumb_money — Sony

finance, Newsletters, insider-today, Newsletter, dumb-money, wall-street

Crypto is growing up: Goodbye yacht parties and NFTs, hello regulation and practical tech

Sat, 09/23/2023 - 08:15

No more yacht parties for the crypto scene. — Messari Mainnet 2023 did not feature the yacht parties and speculative hype of years past.
iStock / Getty Images Plus

Markets, mi-exclusive, Markets, Coinbase, Cryptos, messari-mainnet-2023, messari

The housing market is about to get a lot more expensive for millennials and Gen Z

Wed, 09/13/2023 - 09:53

A young adult in their home. — A young adult in their home.
Getty Images

Markets, mi-exclusive, Markets, housing-market, student-loans, moodys-analytics, Houses

David Solomon defends his leadership of Goldman Sachs on CNBC. 'I don't recognize the caricature that is painted of me.'

Thu, 09/07/2023 - 17:57

David Solomon defends his leadership on CNBC — David Solomon defends his leadership on CNBC
screenshot

finance, finance, goldman-sachs, david-solomon, wall-street

Wall Street firms and retired generals to discuss hypothetical Chinese invasion of Taiwan

Thu, 09/07/2023 - 15:20

Tech Insider : Economy

China aircraft carrier Fujian — China's third aircraft carrier, the Fujian, at Jiangnan Shipyard in Shanghai during its launch ceremony on June 17, 2022.
Li Tang/VCG via Getty Images

Markets, mi-exclusive, economy, Taiwan, taiwan-china, China, wall-street

The Fed could still kill off more zombie companies even after bankruptcies have spiked 54% since last year

Thu, 09/07/2023 - 11:24

Tech Insider : Economy, Economy

Recession slowdown spending consumer — The slowdown in consumer spending means companies earn less money, which makes their stock less attractive.
UCG / Getty Images

Markets, economy, economy, federal-reserve, Bankruptcy, chapter-11, zombie-companies

Meet Ted Pick, the hard-charging Wall Street trading boss who looks poised to succeed James Gorman as CEO of Morgan Stanley

Mon, 09/04/2023 - 10:45

Arantza Pena Popo/Insider

finance, arantza-pena-popo, insider-illustration, finance, wall-street, james-gorman, ted-pick

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