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Fed Chair Powell Says Economy Remains Strong, Bitcoin Is 'Like Gold': Expert Weighs In
Wednesday, December 4, 2024 - 8:25pm | 470Federal Reserve Chair Jerome Powell said the U.S. economy remains strong and even commented on Bitcoin (CRYPTO: BTC) at the New York Times DealBook Summit on Wednesday. The Details: "The U.S. economy is in very good shape right now. It's in remarkably good shape, we are sort of the envy of other...
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Jerome Powell Says US Economy In 'Remarkably Good Shape,' Fed Can Be 'A Little More Cautious' With Interest Rates
Wednesday, December 4, 2024 - 3:39pm | 665Federal Reserve Chair Jerome Powell painted a rosy picture of the U.S. economy ahead of key jobs data due Friday. The strength of the economy is allowing the Fed to be more cautious with interest rates. What Happened: Speaking at the New York Times DealBook Summit on Wednesday, Powell stressed that...
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Musk In A Rage Over Twitter Ad Boycotts: Why They Might 'Kill The Company'
Thursday, November 30, 2023 - 1:11pm | 982In a viral moment caught on camera, social media platform owner Elon Musk told advertisers, specifically the companies that are suspending ads on Twitter, now known as X, to "go f*** yourself." Musk’s statement may not win advertisers back and could have the social media...
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Elon Musk's Recent Interview Dives Into Everything But Cybertruck As Tesla's Major Release Looms
Thursday, November 30, 2023 - 4:22am | 537In the recent DealBook Summit, Elon Musk, the CEO of Tesla Inc. (NASDAQ:TSLA), sidestepped discussions about the much-awaited Cybertruck launch. Musk’s interview at the summit, which lasted 90 minutes, barely touched upon the Cybertruck launch, Business Insider reported. The...
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Bob Iger Answers Hot Topics Like Elon Musk, Box Office Bombs, Ron DeSantis And More: Here's What The Disney CEO Said
Wednesday, November 29, 2023 - 6:40pm | 999Bob Iger took over the role of Walt Disney Company (NYSE:DIS) CEO nearly one year ago. Since then, he watched the company have several setbacks, including its shares hitting nine-year lows. Speaking at a recent event, Iger answered questions on a number of topics. Iger on Box Office Bombs: Disney...
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BlackRock CEO Says FTX's Token Caused Its Collapse, But The Technology Is Still Cutting Edge
Thursday, December 1, 2022 - 1:34pm | 619Asset management company BlackRock Inc.'s (NYSE: BLK) CEO Larry Fink asserted that FTX's collapse was caused by the creation of its own centralized (CRYPTO: FTT) token, which went against the "whole foundation of what crypto is." The $8 billion investment firm...
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Sam Bankman-Fried Refuses To Confirm Whether He Knew Customer Funds Were Stolen
Wednesday, November 30, 2022 - 6:38pm | 586Sam Bankman-Fried joined New York Times reporter Andrew Ross Sorkin at the DealBook Summit on Wednesday to discuss the demise of the platform. Bankman-Fried co-founded FTX, one of the biggest cryptocurrency exchanges in the world, which failed this month. On Nov. 11, the same day FTX filed for...
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Fallen Crypto Billionaire Sam Bankman-Fried To Face Flurry Of Difficult Questions At DealBook Summit: 'Nothing Is Off Limits'
Tuesday, November 29, 2022 - 3:32pm | 576A lot of people are seeking answers from fallen cryptocurrency billionaire Sam Bankman-Fried — and they won't have to wait much longer. What To Know: Bankman-Fried, who is the co-founder and former CEO of FTX, took to Twitter last week to announce that he will be...