News

Oct 25
Investors are loving SEC’s crypto industry crackdown, according to survey

Critics have called out the SEC’s “regulation by enforcement” tactics, but to some investors, it’s a positive sign they’re seeing to invest in digital assets. 365 Total views 3 Total shares The United States Securities and Exchange Commission’s (SEC’s) more-than-enthusiastic crackdown on the crypto industry is being seen as a positive signal for the majority […]

Oct 24
SEC charges cannabis company Cronos and former executive with accounting fraud

The Securities and Exchange Commission charged cannabis company Cronos Group Inc. CRON, with accounting misconduct and former chief commercial officer William Hilson with fraud and abetting the company’s violations, the regulator said Monday.The SEC said that in three separate quarters between 2019 and 2021, Cronos submitted financial statements with material accounting errors. It also alleged […]

Oct 24
Murrey Math Lines 24.10.2022 (EURUSD, GBPUSD)

EURUSD, “Euro vs US Dollar” On H4, the quotes failed to rise over the 200-days Moving Average and for now remain under it. The RSI has bounced off the resistance level. A test of 0/8 (0.9765) is to be expected, followed by a breakaway and falling to the support level of -1/8 (0.9643). The scenario […]

Oct 24
All three major U.S. stock indexes near session highs in final hour of trading

The Dow Jones Industrial Average DJIA, +1.34% led major stock indexes higher in the final hour of trading on Monday, as investors clung to the hope that disappointing economic data might convince Federal Reserve policy makers to back off aggressive rate hikes by year-end. The Dow was up almost 500 points, or 1.6%, while the […]

Oct 24
FTC brings action against Drizly, CEO Cory Rellas after data breach

The Federal Trade Commission is seeking to sanction online alcohol marketplace Drizly and its CEO James Cory Rellas over allegations that security failures led to a breach that exposed the personal information of roughly 2.5 million customers, the agency said Monday. According to a complaint, the company, a subsidiary of Uber Technologies Inc. UBER, -1.32%, […]

Oct 24
Dow rises more than 400 points as stocks extend rally after best week since June

U.S. stocks advanced on Monday, adding to their gains after the best week for at least two of the three major indexes — the S&P 500 and the Dow — since June. The S&P 500 SPX, +1.19% finished 44.59 points, or 1.2%, higher at 3,797.34. The Dow Jones Industrial Average DJIA, +0.54% rose 417.06 points, […]