FTX fallout, Walmart earnings, retail sales and inflation data top week ahead

  • 📰 FoxBusiness
  • ⏱ Reading Time:
  • 34 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 17%
  • Publisher: 53%

Singapore News News

Singapore Singapore Latest News,Singapore Singapore Headlines

Investors are monitoring the FTX fallout as well as a corporate earnings from Walmart and other big retailers and key economic reports on retail sales and producer prices.

FTX continues to dominate the headlines after the crypto trading firm filed for Chapter 11 last week.

Sam Bankman-Fried, founder and chief executive officer of FTX Cryptocurrency Derivatives Exchange, during the Bloomberg Crypto Summit in New York. On Friday, his net worth was estimated at zero after being worth billions of dollars days earlier. Its CEO and founder Sam Bankman-Fried is under fire as regulators begin to piece together what brought the firm down.speculated this could be another potential "Enron" situation.

Treasury Secretary Janet Yellen, in an interview with Bloomberg, said the collapse signals the need for cryptocurrency regulation. Elsewhere, markets will be watching earnings for Oatly Group and Tyson Foods before they open.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 458. in SG
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

MULN MullenAutomotive a really good buy right now

Walmart and Amazon are prime examples of end-stage capitalism. Junk $ for junk products with no practical alternatives. GreatReset

One of our local Walmart stores would have better sales if the merchandise in the 30 storage trailers outside the store actually made it to the shelves. Walmart

Singapore Singapore Latest News, Singapore Singapore Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

FTX CEO John Ray Confirms Late-Night Hack, Says Company Is Working With Law EnforcementNew FTX_Official CEO John Ray said the company is “in contact with, and are coordinating with law enforcement and relevant regulators” after last night’s hack. cheyenneligon reports FTX_Official cheyenneligon “Hack” 😒 FTX_Official cheyenneligon Fraud ftx 😭😭😭😭 i lost everything in my life FTX_Official cheyenneligon
Source: CoinDesk - 🏆 291. / 63 Read more »