Business

Changpeng Zhao, the billionaire founder of the giant cryptocurrency exchange Binance, was sentenced on Tuesday to four months in prison, a much lighter penalty than other crypto executives have faced since the industry imploded in 2022.After Mr. Zhao pleaded guilty to money-laundering violations last year, prosecutors requested a three-year…

Jackson Walker LLP is proud to announce that Partner Timothy C. Taylor will be the recipient of the W. Neal Kocurek Special Achievement Award at the 2024 Austin Business Journal Commercial Real Estate Awards. The distinguished accolade recognizes individuals who have had a lasting impact on the real estate sector and the Austin region as…

The U.S. Federal Communications Commission (FCC) today levied fines totaling nearly $200 million against the four major carriers — including AT&T, Sprint, T-Mobile and Verizon — for illegally sharing access to customers’ location information without consent. The fines mark the culmination of a more than four-year investigation…

    Putting the final touches on my quarterly RWM client call, I wanted to share a chart that is surprising to many people. The above shows changes in the BLS Average Hourly Earnings and Consumer Price Index since the Pandemic blew up in February 2020. What seems to surprise people: On average, U.S. wages have outpaced inflation since 2020.1…

The Brainy InsightsThe global frozen seafood packaging market size is anticipated to grow from USD 14 billion to USD 22.80 billion in 10 years. The market will experience rapid growth due to advancements in frozen seafood packaging solutions during the forecast period.Newark, April 29, 2024 (GLOBE NEWSWIRE) -- The Brainy Insights estimates that…

Pay Dirt is Slate’s money advice column. Have a question? Send it to Athena, Kristin, and Ilyce here. (It’s anonymous!) Ilyce Glink is Pay Dirt’s new weekly columnist. She is the founder and CEO of Best Money Moves, a financial wellness company, and the author of more than a dozen books on personal finance and real estate,…

MicroStrategy (MSTR) reported a net operating loss of $53.1 million, or $3.09 per share, in the first quarter after taking a digital asset impairment charge of $191.6 million, according to a Monday afternoon press release.While some had expected the company might adopt the new fair value accounting standard, and thus report a sizable profit…

Backflip raised $15 million in a Series A funding round to grow its platform for real estate investors. The company’s real estate and FinTech platform is designed to provide funding and tools to the entrepreneurs who flip a collective total of 400,000 houses per year in the United States, Backflip said in a Monday…

Travel By Tracy Swartz Published April 28, 2024, 6:36 p.m. ET Tammy Barr, who says she worked on cruises for three years, reveals in a new Insider essay the six things she'd never do on board. Kirk Fisher - stock.adobe.com Knot on her watch! Tammy Barr, who says she…

The massive volumes of debt piling up around the globe forced the president of the World Economic Forum to reach back more than 200 years for a comparable period. In an interview Sunday with CNBC at a WEF conference in Saudi Arabia, Borge Brende warned overall debt is approaching the world’s total economic output. “We haven’t seen this…