“Cryptocurrency Exchange, FTX, Collapses Leaving a Trail of Liability In Its Wake”

The Run-Down: The Bahamas-based, celebrity-backed, cryptocurrency exchange FTX collapsed after failures to maintain corporate control Why You Should Care: Another cryptocurrency company bites the dust. As we’ve seen, the crypto industry is facing major challenges as it grows and transforms. Under massive scrutiny from the SEC and DOJ, companies need to cross their T’s and […]

U.S. Announces New Carbon Credit Plan to Lessen Developing Countries Use of Fossil Fuels

The Run-Down: A new carbon credit plan has been introduced, with the goal of reducing developing countries’ dependence on fossil fuels Why You Should Care: This announcement is stirring up quite a controversy. Investors are weary, citing the fact that the carbon-credit market, worth $2 billion, is currently unregulated. This worries critics who question the quality […]

Biden Administration Focuses Efforts to Control Fees and Hidden Costs in Variety of Industries

The Run-Down: President Biden announced new measures his administration will be taking to cut down costs imposed on consumers The steps include reducing fees included in concert tickets, hotel resorts, airfare and cable companies This follows the U.S. Consumer Financial Protection Bureau’s move to limit bank overdraft fees, which Biden says will save consumers more than […]

Alex Jones Ordered to Pay $965M for Sandy Hook Conspiracy Claims

The Run-Down: After a monthlong trial, a CT jury ordered talk show host, Alex Jones, to pay $965 million for his claims that the 2012 Sandy Hook school shooting was a hoax The decision was reached after a monthlong trial that found Jones liable for defamation The jury awarded this money to 14 family members […]

Bank Chief Executives Express Concern Over U.S. Economy

The Run-Down: Chief executives at some of the largest banks in the U.S. expressed worries regarding the risks of high inflation and rising interest rates at a House lawmaker hearing this week CEOs answered questions about new proposed federal regulations while also dodging following up on prior pushback to a potential new firearm code identifier […]

U.S. Railroad Strike Narrowly Averted

The Run-Down: After 20 hours of negotiations, U.S. railroad companies and unions reached an agreement that ended the potential nationwide shut down Under this new agreement, workers salary will double and they will be allowed to seek certain types of medical care without fear of retaliation  The shutdown could have frozen 30% of U.S. cargo […]