Business > Market

New York Blasts Crypto Market as ‘High-Risk' and ‘Unstable'

1 month ago   |   By Bloomberg

New York's top law enforcement officer issued a scathing statement on the cryptocurrency market, warning consumers about its susceptibility to “speculative bubbles” and abuse by criminals.
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Cuomo hires Woody Allen lawyer as NY attorney general moves forward with investigation into sexual harassment allegations

Cuomo hires Woody Allen lawyer as NY attorney general moves forward with investigation into sexual harassment allegations

1 month ago   |   By Business Insider

Summary List Placement New York Gov. Andrew Cuomo's administration has hired a criminal defense attorney to take point on the dueling scandals facing the high profile Democrat.
Cuomo tapped Elkan Abramowitz, a longtime attorney for director Woody Allen and former federal prosecutor to handle investigations into both nursing home deaths and allegations of sexual harassment, the Wall Street Journal first reported on Monday.
Abramowitz has not been afraid to embrace aggressive tactics to defend his clients. He once called Allen's adopted daughter a " pawn " being used by her mother, Mia...
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New York Attorney General says cryptocurrencies are 'high-risk' and 'unstable', and urges caution when trading

New York Attorney General says cryptocurrencies are 'high-risk' and 'unstable', and urges caution when trading

1 month ago   |   By Business Insider

Summary List Placement New York Attorney General Letitia James on Monday called cryptocurrencies "high-risk" and" unstable" investments in a rebuke of the rapidly evolving market, urging investors to exercise "extreme caution" when trading digital assets. The state's top law enforcement official further warned investors of "speculative bubbles".
"Too often, greedy industry players take unnecessary risks with investors' money," James said in an investors' alert. "All investors should proceed with extreme caution when investing in virtual currencies. Cryptocurrencies are high-risk, unstable...
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Roger Stone sued by federal government for nearly $2 million in unpaid taxes...

Roger Stone sued by federal government for nearly $2 million in unpaid taxes and interest

Summary List Placement Former GOP strategist Roger Stone was sued Friday by the federal government for nearly $2 million in unpaid taxes, interest, and penalties. The complaint... Read more ...

'Bring it up now!' Biden demands action in the Senate on guns during...

'Bring it up now!' Biden demands action in the Senate on guns during wide-ranging press conference with the prime minister of Japan

Summary List Placement President Joe Biden put public pressure on Majority Leader Chuck Schumer at a Friday press conference , demanding the Senate consider House-passed gun... Read more ...

Following uproar, White House says it will raise this year's cap on refugee...

Following uproar, White House says it will raise this year's cap on refugee admissions - but not yet

Summary List Placement The White House capped a confusing day of inconsistent messaging on refugees by saying President Joe Biden will set a new, higher goal for admissions by... Read more ...

GOP Reps. Marjorie Taylor Greene and Paul Gosar create 'America First...

GOP Reps. Marjorie Taylor Greene and Paul Gosar create 'America First Caucus' that emphasizes 'Anglo-Saxon political traditions'

Summary List Placement Two Republican lawmakers worked together to create an "America First Caucus" that emphasizes "common respect for uniquely Anglo-Saxon political... Read more ...

Jerry Falwell Jr. gave himself a $12.5 million raise while hiding scandalous...

Jerry Falwell Jr. gave himself a $12.5 million raise while hiding scandalous details about his personal life, Liberty University lawsuit alleges

Summary List Placement Liberty University has filed a lawsuit against its former president, Jerry Falwell Jr., previously one of the most influential figures in the U.S... Read more ...

Russia is expelling 10 US diplomats in retaliation to Biden's latest...

Russia is expelling 10 US diplomats in retaliation to Biden's latest sanctions and amid Ukraine tensions

Summary List Placement The Kremlin is expelling 10 US diplomats in response to the Biden administration's latest sanctions, Russian Foreign Minister Sergey Lavrov said Friday... Read more ...

Biden says gun violence 'stains our character and pierces the very soul of...

Biden says gun violence 'stains our character and pierces the very soul of our nation' in response to Indianapolis mass shooting

Summary List Placement President Joe Biden said gun violence "stains our character and pierces the very soul of our nation" in a Friday statement after a gunman opened fire in... Read more ...

Apple Music reportedly said it will pay artists a penny per stream - double...

Apple Music reportedly said it will pay artists a penny per stream - double what Spotify pays

Summary List Placement Apple Music is telling artists that it will start paying them one cent per stream, per a Friday report from the Wall Street Journal. The company told... Read more ...

Biden administration investing $1.7B to better track Covid-19 variants

Biden administration investing $1.7B to better track Covid-19 variants

The Biden administration announced Friday it is spending $1.7 billion to expand the country's ability to track coronavirus variants. The money, from the last pandemic relief... Read more ...

The Pentagon confirmed that a video showing a triangular UFO is real and...

The Pentagon confirmed that a video showing a triangular UFO is real and taken by the US Navy, report says

Summary List Placement The Department of Defense has confirmed that images and video of triangle-shaped unidentified aerial phenomena are real and were taken by Navy personnel... Read more ...