As President Trump has championed crypto and the industry has gone mainstream, funds from scammers and other criminal groups have flowed onto major crypto exchanges.
Escaping zipties, hiring bodyguards and other practical lessons in self-defense for crypto traders, after a series of gruesome crimes spooked the community.
The Japanese economy shrank by 1.8 percent compared to the same quarter last year, as U.S. tariffs dampened automobile exports and prompted a bleak outlook for growth.
Investors in Anthony Scaramucci’s Virgin Hotel in New Orleans are expecting a total loss after an appraisal halved the property’s value.
The hotel is being listed for sale by Scaramucci’s SkyBridge Capital, as it wasn’t able to secure a new lender to refinance after JLL valued it at roughly $43M in September, a deep cut from $94M that a consultant valued it at in December, Bloomberg reports.
SkyBridge Capital said in a letter to its clients that if the property sells for $43M, they “will likely suffer a complete loss of invested capital.”
The property is owned by SkyBridge Opportunity Zone Real Estate Investment Trust, which Scaramucci launched in 2018 to invest in opportunity…
It has been a brutal three months for dramas and comedies.
Hospitality is supposed to be about comfort, leisure and service, not guests using words like “stranded” or “homeless.” Yet those were the terms popping up in headlines this week as Sonder’s collapse rippled through buildings around the world. The short-term rental operator, once a proptech darling and a $2 billion public company, announced it’s preparing to file for Chapter 7 liquidation in the U.S., with parallel insolvency proceedings abroad. Operations ceased almost immediately. The collapse didn’t come out of nowhere. By the time interim CEO Janice Sears stepped in earlier this year, the company was juggling $1.5 billion in liabilities […]
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Many Americans bought their first houses when mortgage rates dipped to record lows. Some are ready to move but feel locked in by their low rates.
More than a dozen Italian pasta makers, accused of dumping their product in the United States, face tariffs of over 100 percent.
Matthew Belloni has grabbed the movie industry’s attention by saying they’re about to sink.
Adriana D. Kugler, who stepped down as a governor in August, reported trades in stocks, including Apple and Southwest Airlines, in 2024.