Sam Bankman Fried’s Emergent Fidelity Technologies Ltd., an offshore corporate entity that owns 55 million shares of Robinhood Markets Inc., filed for bankruptcy Friday.
January’s blockbuster US jobs report is likely to strengthen the Federal Reserve’s determination to raise interest rates above 5% and keep them high throughout the year — an outcome investors remain skeptical of.
Just minutes before the monthly jobs report was published on Friday, a trader placed a risky bet in federal funds futures that ended up paying off in a big way.
(Bloomberg) -- US government bonds slumped Friday as stronger-than-expected job creation and service-sector activity undermined wagers on a recession that will force the Federal Reserve to cut interest rates by year-end.
In May last year, dozens of guests gathered at a cabaret club in London’s Soho district to celebrate the birthday of Calvin Ayre, an online gambling tycoon-turned-crypto evangelist.
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