TerraUSD creator Do Kwon sentenced to 15 years over $40 billion crypto collapse
The U.S. district judge who handed down the sentence sharply rebuked Kwon for repeatedly lying to everyday investors who trusted him with their life savings.
Last updated: 2025-12-12 06:15:20 ET
The U.S. district judge who handed down the sentence sharply rebuked Kwon for repeatedly lying to everyday investors who trusted him with their life savings.
Home prices have not gone negative since mid-2023, a year after the Federal Reserve first brought rates up from zero, and mortgage rates moved sharply higher.
With baseline data tracking 3,000 tonnes of polymetallic nodules at a depth of 4,280 metres, the study represents the largest ever conducted.
Mortgage rates are rising sharply even though the Federal Reserve is expected to cut interest rates later this week.
China's exports to the U.S. have dropped sharply this year, in the face of President Trump's tariffs — but the country is still finding plenty of customers elsewhere around the world.
Longer-dated U.S. government debt sold off sharply this week, a bad sign for anyone looking for a reprieve from higher borrowing costs.
Canada’s jobless rate fell sharply in November as hiring for a third month running blew past expectations, defying worries there would be widespread...
Three years ago, ChatGPT was born. It amazed the world and ignited unprecedented investment and excitement in AI. Today, ChatGPT is still a toddler, b...
Layoffs announced by U.S. employers slowed sharply in November, but companies showed little appetite to add workers, underscoring a labor market that ...