Companies

US could see market-shaking debt ceiling fight, Goldman Sachs warns

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New York CNN Enterprise — Republicans and Democrats are prone to conflict subsequent yr over the debt ceiling, a combat that might roil monetary markets, unnerve shoppers and threaten the financial system with the specter of a dire default. The looming debt restrict battle in Washington might carry essentially the most uncertainty for the reason … Read more

FTX founder Sam Bankman-Fried: ‘Look, I blew it’

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New York CNN Enterprise — Sam Bankman-Fried, the 30-year-old founding father of a crypto empire now bankruptHe mentioned he “by no means tried to commit fraud in opposition to anybody.” “Clearly I made lots of errors,” Bankman-Fried mentioned in a digital look on the New York Occasions DealBook summit in New York. “There are issues … Read more