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Goldman Sachs raised its price target on General Motors after the stock's best day since early 2021. The bank reiterated a buy rating as well as a top pick label, accompanied by a $300 per share price target. Goldman Sachs also maintained its buy rating and increased its target price to $345 per share from $340. To be sure, it maintained its $16 per share price target, which implies more than 3% downside from Wednesday's $16.52 close. — Brian Evans 5:45 a.m ET: Goldman raises GM price target Goldman Sachs analyst Mark Delaney increased his price target on General Motors to $45 from $42 after a series of bullish moves by the auto giant.

Persons: Goldman Sachs, Morgan Stanley, 31.6x, Eric Heath, Wells, Andrew Nowinski, — Brian Evans, José Neves, Marvin Fong, Brian Evans, Salesforce, Brad Sills, Kash Rangan, Jefferies, Snapchat, Pinterest, James Heaney, Meta Marshall, Mark Delaney, Delaney, Fred Imbert Organizations: CNBC, General Motors, Hewlett Packard Enterprise, Wall, Bank of America, SNAP, Goldman, GM Locations: Okta, America

☆ Gold holds ground ahead of US inflation test
▼ + stars: | 2023-11-30 | by ( Harshit Verma | ) www.reuters.com time to read: +2 min

An employee casts ingots of 99.99 percent pure gold at the Novosibirsk precious metals refining and manufacturing plant in the Siberian city of Novosibirsk, Russia, September 15, 2023. Spot gold was flat at $2,044.30 per ounce by 0728 GMT, trading in a range of about $6. It hit its highest since May 5 on Wednesday, and was poised for its second straight monthly gain. U.S. gold futures for December delivery fell 0.1% to $2,045.40 per ounce. Reporting by Harshit Verma in Bengaluru; Editing by Rashmi Aich, Mrigank Dhaniwala and Sonia CheemaOur Standards: The Thomson Reuters Trust Principles.

Persons: Alexander Manzyuk, Yeap Jun Rong, Jerome Powell, Harshit Verma, Rashmi Aich, Mrigank Dhaniwala, Sonia Cheema Organizations: REUTERS, PCE, U.S, Fed, Traders, Thomson Locations: Novosibirsk, Siberian, Russia, U.S, Bengaluru

☆ Dollar slumps as Fed cuts eyed; Aussie buoyant ahead of inflation data
▼ + stars: | 2023-11-29 | by ( Rae Wee | ) www.reuters.com time to read: +2 min

The Australian dollar held near a four-month peak while the New Zealand dollar scaled a roughly four-month top of $0.61495 in early Asia trade. Australian inflation data is due later in the day, followed by a rate decision from the Reserve Bank of New Zealand (RBNZ). The dollar index was eyeing a nearly 4% loss for November, its worst monthly performance in a year. "We have become less constructive on the prospects for the U.S. dollar, as progress in reducing U.S. inflation suggests the risks are tilted toward earlier rather than later Fed easing," said economists at Wells Fargo in a note. Sterling last bought $1.27105, hovering near the previous session's roughly three-month high of $1.2715.

Persons: Christopher Waller, Kyle Rodda, Sterling, Capital.com's Rodda, Rae Wee, Lincoln Organizations: Federal Reserve, New Zealand, Reserve Bank of New Zealand, Fed, U.S ., Reserve Bank of Australia, Thomson Locations: SINGAPORE, Asia, Wells

☆ Forbes built a hall of shame for all the questionable people on its 30 Under 30 lists
▼ + stars: | 2023-11-29 | by ( Pete Syme | ) www.businessinsider.com time to read: +5 min

Plenty of people on the Forbes 30 Under 30 lists have turned out to be not quite so shiny. AdvertisementThe Forbes "30 Under 30" lists celebrate the achievements of young people making a mark in a range of sectors. Its "hall of shame" starts – appropriately enough – with Sam Bankman-Fried, the FTX cofounder who was on the 30 Under 30 finance list in 2021. Caroline Ellison was on the Forbes 30 under 30 list last year. Outside the 30 Under 30 finance class, the gun rights activist Cody Wilson also makes the hall of shame.

Persons: Forbes, Sam Bankman, Martin Shkreli, —, Mark Zuckerberg, FTX, Fried, Caroline Ellison, Eduardo Munoz Alvarez Martin Shkreli, Craig Ruttle, Charlie Javice, Frank, JP Morgan Chase, Javice, Morgan, She's, Nate Paul, Lucas Duplan Clinkle, Lucas Duplan, Peter Thiel, Andreesen Horowitz, Cody Wilson, Kelly West, Steph Korey, James O'Keefe, Prendergrast, she's Organizations: Forbes, Service, Prosecutors, Justice, TechCrunch, Business, Reuters, Project Veritas, The City Magazine Locations: Alameda

Experts say these are just glimpses of what could ensue if campaigns or outside actors decide to use AI deepfakes in more malicious ways. So far, states including California, Minnesota, Texas and Washington have passed laws regulating deepfakes in political advertising. Federal law is limited in its ability to regulate AI at the state and local levels, Benson said in an interview, adding that states also need federal funds to tackle the challenges posed by AI. Meta, which owns Facebook and Instagram, announced earlier this month that it will require political ads running on the platforms to disclose if they were created using AI. Google unveiled a similar AI labeling policy in September for political ads that play on YouTube or other Google platforms.

Persons: Gretchen Whitmer, They're, Joe Biden, Ron DeSantis, Donald Trump’s, Deepfakes, Democratic Sen, Amy Klobuchar, Republican Sen, Josh Hawley of, Jocelyn Benson, Benson, ” Benson, ”, ___ Swenson, Christina A, Cassidy Organizations: Federal, Commission, Gov, Republican National Committee, Republican Florida Gov, Public Citizen, Fiscal Agency, Democratic, Republican, Social, Google, YouTube, Associated Press, AP Locations: LANSING, Mich, Michigan, United States, California , Minnesota , Texas, Washington, Illinois , Kentucky , New Jersey, New York, Minnesota, Josh Hawley of Missouri, Washington ,

Bernstein named Taiwan Semiconductor a "best idea" for 2024, raising its price target on the stock. — Alex Harring 7:01 a.m. In addition to the best-pick honor, analyst Steve Scala has an outperform rating and $86 price target. Analyst Michael Lavery downgraded the stock to neutral from overweight and slashed his price target by $40 to $200. ET: Morgan Stanley hikes PDD price target, calls stock a top pick following earnings Morgan Stanley named Chinese e-commerce name PDD Holdings a top pick following its latest quarterly earnings report.

Persons: Bernstein, Morgan Stanley, LSEG, Bank of America's Tal Liani, Morgan Stanley's Hamza Fodderwala, Alex Harring, Craig Siegenthaler, Blackstone, That's, — Alex Harring, Ken Hoexter, Hoexter, TD Cowen, Steve Scala, Scala, Jefferies, John Colantuoni, bode, Colantuoni, Neil Beveridge, Josh Silverstein, Silverstein, JMP, Baldwin, Mitch Germain, Germain doesn't, Germain, Piper Sandler, Michael Lavery, Lavery, elasticities, HSY's, Hershey, Eddy Wang, Wang, Mark Li, Li, — Fred Imbert Organizations: CNBC, Taiwan Semiconductor, Holdings, Wall, Bank of America, Bank of America's, KKR, Apollo Global Management, Pacific, Transport, AstraZeneca, pharma, Airbnb, Toyota, UBS, Exxon Mobil, Natural Resources, Exxon Mobil's, Hershey, PDD, U.S, LSEG, Commerce, PDD's U.S, Apple, Huawei Locations: Tuesday's, Ivory Coast, Ghana, 4Q23, Taiwan, China

☆ Australia Oct inflation slows more than expected as goods prices fall
▼ + stars: | 2023-11-29 | by ( Stella Qiu | ) www.reuters.com time to read: +3 min

For the month, CPI fell 0.3%, driven by declines in petrol, rent and holiday travel. A closely watched measure of core inflation, the trimmed mean, rose an annual 5.3% in October, easing from 5.4% the previous month. "It's hard to find bad news in Australia's October inflation print," said Harry Murphy Cruise, an economist at Moody’s Analytics. Prices for tradable goods fell 1.6% in October from a month earlier. It also left the door open to further tightening if necessary to meet its annual inflation target of 2-3%.

Persons: Daniel Munoz, Harry Murphy Cruise, Jonathan Kearns, Wayne Cole, Stella Qiu, Lincoln, Sam Holmes Organizations: REUTERS, Rights, U.S ., Australian Bureau, Statistics, Moody’s, Reserve Bank Board, Reserve Bank of Australia, Challenger, Thomson Locations: Australia

☆ I made $181,000 in revenue last year from my Etsy store. I discovered what made my items sell and learned from 2 big mistakes.
▼ + stars: | 2023-11-28 | by ( Ella Hopkins | ) www.businessinsider.com time to read: +5 min

I was an MRI technologist working in a hospital when I started my Etsy print-on-demand store. When my Etsy store started to take off, I felt like I finally had control over my life. That year I made $250,000 in revenue from my Etsy store. I spent money on Etsy ads to keep traffic coming to my store. I shouldn't have focused solely on adsI spent $5 a day on Etsy ads for a few weeks in 2021 and then stopped running ads until 2022.

Persons: Heather Johnson, I've, sweatshirt, I'd, didn't, should've, Sellers shouldn't Organizations: Business, LinkedIn, Adobe Locations: I'd

☆ ADNOC German oil deal has bad timing, good logic
▼ + stars: | 2023-11-28 | by ( Karen Kwok | ) www.reuters.com time to read: +4 min

Abu Dhabi National Oil Company (ADNOC), the state-owned Abu Dhabi oil giant he runs, is considering a bid for BASF-owned (BASFn.DE) Wintershall Dea, at a potential $11 billion valuation. The UAE firm is already in talks to buy chemical company Covestro (1COV.DE), Wintershall’s German compatriot, for $12 billion. Abu Dhabi's oil riches mean the UAE firm has the wherewithal to pay 5.5 billion euros for BASF’s Wintershall stake. Any deal could value Wintershall Dea at more than 10 billion euros ($11 billion), Bloomberg reported. BASF holds a 72.7% stake in Wintershall Dea.

Persons: Toru Hanai, Wintershall, Jaber, It’s, Austria’s, Abu, LetterOne, George Hay, Streisand Neto Organizations: REUTERS, Reuters, Abu Dhabi National Oil Company, BASF, The, Shell, Russian, Reuters Graphics Reuters, Abu, National Oil Company, Bloomberg, Wintershall Dea . Investment, Thomson Locations: Gastech, Chiba, Japan, Abu Dhabi, The UAE, Germany, Norway, UAE, Europe, United Kingdom, Abu, Russia, Wintershall Dea

☆ Treasury yields inch higher as investors consider economic outlook
▼ + stars: | 2023-11-28 | by ( Sophie Kiderlin | In | ) www.cnbc.com time to read: +1 min

Yields and prices have an inverted relationship, and one basis point equals 0.01%. The 2-year Treasury yield was up by about 3 basis points at 4.885%. The 10-year Treasury yield was 2 basis points higher at 4.4%. U.S. Treasury yields were slightly higher on Tuesday, as investors awaited the release of economic data that could provide hints about the economic outlook. Recent data has suggested that higher rates are having the desired effect and inflation is easing, although it remains above the Fed's 2% target range.

Organizations: U.S, Treasury, Federal Reserve, Fed

☆ Jim Cramer says Constellation Brands can create more value for investors if it invests in its premium alcohol brands
▼ + stars: | 2023-11-28 | by ( Paulina Likos | ) www.cnbc.com time to read: +2 min

Every weekday the CNBC Investing Club with Jim Cramer releases the Homestretch audio feature in time for the last hour of trading on Wall Street. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade. Jim waits 45 minutes after sending a trade alert before buying or selling a stock in his charitable trust's portfolio. THE ABOVE INVESTING CLUB INFORMATION IS SUBJECT TO OUR TERMS AND CONDITIONS AND PRIVACY POLICY , TOGETHER WITH OUR DISCLAIMER . NO FIDUCIARY OBLIGATION OR DUTY EXISTS, OR IS CREATED, BY VIRTUE OF YOUR RECEIPT OF ANY INFORMATION PROVIDED IN CONNECTION WITH THE INVESTING CLUB.

Persons: Jim Cramer, Christopher Waller, he's, we'll, Jim Cramer's, Jim Organizations: CNBC, Constellation Brands, Jim Cramer's Charitable

☆ Popular Science Shuts Online Magazine in Another Sign of Decline
▼ + stars: | 2023-11-28 | by ( Michael Levenson | More About Michael Levenson | ) www.nytimes.com time to read: 1 min

In yet another sign of its decline, Popular Science has stopped publishing its online magazine, three years after it shut its storied print edition, which began in 1872. Popular Science will continue to publish articles and videos on its website, and will still produce its podcast, “The Weirdest Thing I Learned This Week.”But its digital magazine, which was published quarterly since it began in 2021, has ceased publication and will no longer charge for subscriptions, according to Recurrent Ventures, the magazine’s parent company. Its last online issue, titled “Fake,” was published in September and featured articles about taxidermy, artificial intelligence and fake crystals.

Persons: ” Organizations: Science

☆ Investors were betting big on crypto and some commodities with options during slow Thanksgiving week
▼ + stars: | 2023-11-27 | by ( Michael Khouw | ) www.cnbc.com time to read: +7 min

The 2.7 million individual trades were far lower than the 5.2 million trades from the Friday a week prior. In fact, the options market itself is saying there is only a 10% chance these calls expire in the money. Call spread risk reversal: Bought MSTR Dec. $600 call $15.40 Sold MSTR Dec. $650 call $8.85 Sold MSTR Dec. $430 put $7.20 Net credit = 65 cents When one sells a downside put one is taking the risk of purchasing the underlying at the strike of the put that is sold. The options flow in these ETFs suggests traders are betting on lower oil and gas prices. Several big names will be reporting earnings, here is a table of those that have weekly options, their earnings-related implied moves, and our options sentiment score.

Persons: Crypto, MARA, outpacing, ProShares UltraShort Organizations: Coinbase Global Inc, Marathon Digital Holdings, Microstrategy Inc, Bollinger Bands, Bloomberg, Oil, ProShares, Gas, ProShares UltraShort Bloomberg, United States Oil Fund, Hecla Mining Co, Royal, Inc, Intuit, Marvell Technology Locations: United States, Opec, Hecla, Kroger

☆ Gold atop 6-month peak on softer U.S. dollar, bets on Fed
▼ + stars: | 2023-11-27 | by ( ) www.cnbc.com time to read: +2 min

Spot gold was up 0.4% at $2,009.69 per ounce by 0404 GMT. U.S. gold futures rose 0.3% to $2,009.50. "What's moving gold at the moment is the lower U.S. dollar because of the recent soft data," said Kyle Rodda, a financial market analyst at Capital.com. Gold rose sharply earlier in the session, hitting as high as $2,017.82 an ounce. Earlier this month, another inflation print showed weaker-than-expected consumer inflation, boosting hopes that the Fed could begin easing monetary conditions sooner than expected.

Persons: Kyle Rodda, Rodda, CME's Organizations: U.S . Federal, U.S, Fed, Traders, Bank of Locations: U.S, Bank of Japan

☆ The stainless steel body of Tesla's Cybertruck is reportedly leading to issues with gaps in between the panels
▼ + stars: | 2023-11-27 | by ( Grace Kay | ) www.businessinsider.com time to read: +4 min

The Cybertruck's stainless steel body has made it difficult to align its panels, WSJ reported. The stainless steel has been difficult to shape into panels without gaps or alignment issues, the publication said, citing individuals who had worked on the Cybertruck. The Journal said the stainless steel is made in "coils that resemble giant rolls of toilet paper." The billionaire has said the vehicle's stainless steel body will be bulletproof and even comes with an option for fixed bulletproof windows. Munro has also pointed out that the thick stainless steel body has several perks for owners.

Persons: Elon Musk, Tesla, —, Javier Verdura, Musk, you've, Giorgetto Giugiaro, Electrek, Sandy Munro, Munro Organizations: EV, Elon, Service, Street, DeLorean

☆ Top Wall Street analysts recommend these stocks for a long-term horizon
▼ + stars: | 2023-11-26 | by ( Tipranks.Com Staff | ) www.cnbc.com time to read: +6 min

Wall Street experts are able to delve into the details and determine which stocks might have the best prospects for the long term. Here are five stocks favored by the top pros on the Street, according to TipRanks, a platform that ranks analysts based on their past performance. Saleh holds the 504th position among more than 8,600 analysts on TipRanks. (See Domino's Options Activity on TipRanks)Palo Alto NetworksAnother BTIG analyst, Gray Powell, is bullish on cybersecurity company Palo Alto Networks (PANW). Feinseth ranks No.337 among more than 8,600 analysts on TipRanks.

Persons: Peter Saleh, Saleh, Uber, Gray Powell, Powell, billings, Goldman Sachs, Kash Rangan, Rangan, TipRanks, Ivan Feinseth, Feinseth Organizations: Domino's, TipRanks, Palo Alto Networks, Google Cloud, Tigress, Intel Locations: Palo, billings, TipRanks

☆ 3 things to watch in the stock market as Street aims to extend winning streak
▼ + stars: | 2023-11-25 | by ( Zev Fima | ) www.cnbc.com time to read: +7 min

(Treasury yields tend to move inversely to stock prices; as yields fall investors seeking better returns move money back into the stock market). The chipmaker once again came into its quarterly print with super-high expectations on the Street, but once again exceeded them . For this reason, we put more emphasis on monthly economic releases, such as the aforementioned personal spending report. Jim waits 45 minutes after sending a trade alert before buying or selling a stock in his charitable trust's portfolio. If Jim has talked about a stock on CNBC TV, he waits 72 hours after issuing the trade alert before executing the trade.

Persons: Dow, Estee Lauder, Einstein, Jim Cramer's, Jim Cramer, Jim, Locker, Jeff Greenberg Organizations: Nasdaq, Federal Reserve, Treasury, Nvidia, Apple, TJX, Bank of Nova, Elbit Systems, Intuit, Hewlett Packard Enterprise, Hormel, Kroger, KR, Academy Sports, TD Bank, Royal Bank of Canada, Dell Technologies, Bank of Montreal, BMO, Jim Cramer's Charitable, CNBC, Universal, Getty Locations: Bank of Nova Scotia, AMBA

☆ 5 essential books and articles that are required reading for Hollywood up-and-comers, according to a top TV agent at WME
▼ + stars: | 2023-11-24 | by ( Reed Alexander | ) www.businessinsider.com time to read: +6 min

In the end, though, motivated by his fascination with the business side of entertainment, he'd choose a different path: to become an agent at WME, the powerhouse Hollywood talent agency he joined through its storied mailroom training program. Singer advises industry newcomers to read as much as they can to get ahead. WME partner Bradley Singer maintains a list of must-read books and articles for industry newcomers. "When Hollywood Had a King by Connie Bruck" (2004): "You can't understand modern Hollywood without understanding Lew Wasserman, who revolutionized both the talent agency business and the studio business between MCA and Universal. "The Agency: William Morris and the Hidden History of Hollywood" is one of WME partner Bradley Singer's must-read book recommendations.

Persons: Bradley Singer, he'd, Singer, Lydia Barry, Kaitlin Collins, Symone Sanders, Linsey Davis, Sunny Hostin, Ana Navarro, hadn't, — Singer, Read, William Morris, Frank Rose, Connie Bruck, Lew Wasserman, Connie Bruck's, EJ Kahn, Abe Lastfogel, Lastfogel, Sue, Peter Biskind, Sue Mengers, Gene Hackman, Barbra Streisand, Sue …, Mark McCormack —, Swift, McCormack, Wasserman, Ovitz, Emanuel, Bradley Singer's Organizations: Carnegie Mellon University, Bradley, Hollywood, WME, Business, CNN, MSNBC, ABC News, Street Journal Studios, Bloomberg Media, Puck, —, MCA, Universal, Lindy's, Yorker, East, Sports, IMG Locations: WME, New York City, Hollywood

☆ Stick with bond funds and cash? ETF experts rethink popular portfolio strategies for 2024
▼ + stars: | 2023-11-24 | by ( Anna Gleason | ) www.cnbc.com time to read: +3 min

As of Wednesday's market close, though, the 10-year note fell to 4.408%, while the 100 largest taxable money market funds tracked by Crane Data have an average yield of 5.20%. In addition, nearly $1.2 trillion has flowed into money market funds this year through Nov. 15, compared to $264 billion into bond funds and $43 billion in U.S. equity funds, according to Goldman Sachs. In the meantime, Bartolini said clients willing to take on more risk should look to shorter-duration bond funds. The iShares 1-3 Year Treasury Bond ETF (SHY) that tracks shorter-duration notes has gained 0.22% this year as of Wednesday's close. The iShares U.S. Treasury Bond ETF (GOVT) , which has exposure to Treasurys ranging between 1 and 30 years in duration, was down 1.85% during the same period.

Persons: Dan Egan, CNBC's, Goldman Sachs, Matt Bartolini, Bartolini, Egan, it's Organizations: Federal Reserve, Behavioral Finance, Treasury, Crane Data, SPDR, SPDR Americas Research, Street Global Advisors, Treasury Bond ETF Locations: SPDR Americas, U.S

☆ Opinion | What Am I Thankful for This Year? Amazing Scientific Discoveries.
▼ + stars: | 2023-11-24 | by ( Peter Coy | ) www.nytimes.com time to read: +1 min

More likely, the event that’s judged most transformative will be some scientific or technological advance that only a handful of people know about right now — because that’s how things almost always go. The ups and downs of the business cycle that I usually write about are important. But over the sweep of history, it’s been the advance of science and technology that has changed our lives the most, and mostly for the better. That’s what I’m thankful for this Thanksgiving. Not to mention Covid vaccines, without which Grandmother wouldn’t let us through the front door.

Persons: Kevin McCarthy’s speakership, “ Mr, Tutt ”, Brooks, ”, it’s, here’s, Grandmother wouldn’t Organizations: Silicon Valley Bank, New York Times Locations: Silicon

☆ These stocks are overbought and could be due for a pullback
▼ + stars: | 2023-11-24 | by ( Brian Evans | ) www.cnbc.com time to read: +2 min

CNBC screened FactSet data to find the most overbought and oversold stocks, based on the relative strength index (RSI). A 14-day RSI reading below 30 indicates a stock is oversold and may present a buying opportunity. A reading above 70 suggests that a stock is overbought and could point to an impending pullback. Telecommunications firm Motorola is also overbought, with its 14-day RSI reading of 94.77. Other overbought stocks on the list include credit reporting agency Equifax and financial services company Nasdaq Inc .

Persons: FactSet, Fred Imbert Organizations: Investors, Reserve, Mastercard, Norfolk, CNBC, FactSet, Revenue, Telecommunications, Motorola, Nasdaq Inc, ConocoPhillips, Cigna, UBS

☆ Deals to the Maldives, Paris and Palm Springs: How to take advantage of ‘Travel Tuesday’
▼ + stars: | 2023-11-24 | by ( Ryan Ermey | ) www.cnbc.com time to read: +3 min

Shoppers compete for the best deals on merchandise and retailers compete for consumer dollars. Here's how to strategize to score the best deals, according to experts. One of the biggest open secrets in the travel industry is that the best deals on airfare aren't on advertised deals — it's the ones that are running in the background," says Scott Keyes, founder of Going.com. "Advertised sales that are slightly better than normal are nowhere near the best deals that you tend to see on flights." In the past, Air New Zealand has offered Black Friday weekend deals on flights to Australia and New Zealand.

Persons: Julie Ramhold, it's, Ramhold, It's, Scott Keyes, Keyes Organizations: Black, DealNews.com, Air New Zealand, Discount, Bee Locations: Palm Springs, Maldives, U.S, Australia, New Zealand, Emirates, Athens, Milan, Paris, French Polynesia

☆ Here are 3 underappreciated aspects of Nvidia's latest knockout quarter
▼ + stars: | 2023-11-22 | by ( Kevin Stankiewicz | In Kevinstankiewicz | ) www.cnbc.com time to read: +6 min

At the same, there are three key areas aspects to Nvidia's business that are increasingly coming into focus that show the company's monstrous growth thus far still has more room to run. NVDA 1Y mountain Nvidia's stock performance over the past 12 months. Networking sales The strength in Nvidia's networking business on display in Tuesday's print underscored the company's evolution into a one-stop shop for AI computing in the data center. But its networking business — which sells communications technology to connect different parts of the data center — has become a larger piece of the puzzle. In fact, Nvidia's networking segment has now surpassed a $10 billion annualized revenue rate, the company said Tuesday.

Persons: Cowen, Bernstein, Cloud, That's, Jensen Huang, Jim Cramer's, Jim Cramer, Jim, Jen, Hsun Huang, Robert Galbraith Organizations: Nvidia, Mellanox Technologies, BMO, Enterprise, Services, Microsoft, Google, Oracle, CNBC Locations: U.S

Just this week, the SEC sued Kraken, another crypto exchange, alleging that it is operating as an unregistered securities exchange. Binance is exiting the US as part of the agreement the crypto exchange made with law enforcement agencies. That also includes the Justice Department, the Commodity Futures Trading Commission , and the Treasury Department. There is even a National Cryptocurrency Enforcement Team within the Justice Department actively identifying and investigating criminal cases involving digital assets. That is precisely how the feds secured the first ever corporate settlement with a crypto exchange.

Persons: Sam Bankman, Zhao, Binance, Brian Armstrong, Coinbase, ” Armstrong, “, General Merrick Garland, ” Changpeng Zhao, Anthony Kwan, cryptocurrencies, ethereum, Bitcoin, ’, it’s, Ethereum, Treasury Department —, Kraken, Tiffany Hagler, ” Garland, Lisa Monaco, Tuesday’s presser, “ I’ve, Benham Organizations: New, New York CNN, Justice Department, Bloomberg, Getty, Washington DC, US Department of Justice, Department of Justice, Treasury, Securities and Exchange Commission, Treasury Department, SEC, Geard, Futures Trading Commission, Cryptocurrency, feds Locations: New York, United States, Binance, Washington, U.S, “, rulemaking

☆ M.L.S. Fans Will Pay More to See Lionel Messi
▼ + stars: | 2023-11-22 | by ( Victor Mather | More About Victor Mather | ) www.nytimes.com time to read: +1 min

A holiday deal offered by the Red Bulls soccer team includes some merchandise, like a travel mug, as well as tickets to two games, including its first home game. But there is some fine print. Miami is the team of Messi, the global superstar, and a chance to see him is a lot more appealing than a random game against, say, Toronto F.C. Some Red Bulls fans who noticed the fine print were annoyed and expressed that on social media — words like “gouge” were common. “It’s purely naïve to expect the league not to try to capitalize on this at all costs,” said Dan Rodriguez, a Red Bulls fan from Westchester County, N.Y.

Persons: Lionel Messi, “, ”, Dan Rodriguez Organizations: Red Bulls, Major League Soccer, Inter Miami, Miami, Messi, Toronto F.C Locations: Westchester County, N.Y

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