David Yermack News Today

President Bukele says that the country is now making a profit on Bitcoin investment amid economic and social reforms in the country.

An attendee wearing a Bitcoin necklace during the Adopting Bitcoin 2023 Summit in San Salvador, El Salvador, Nov. 7, 2023. (Camilo Freedman/Bloomberg via Getty Images)(NEW YORK) -- El Salvador says it's now making a profit on the Bitcoin investments at...

President Bukele says that the country is now making a profit on Bitcoin investment amid economic and social reforms in the country.

The value of Yale’s endowment fell for the second consecutive year, but experts told the News that the performance is probably a symptom of broader market trends and not an immediate cause for concern.

Although Yale’s investments grew this year, the value of the endowment dipped after also accounting for budget disbursements and gifts.

Here is how David Solomon, CEO of Goldman Sachs, uses his firm's corporate jet. After Solomon's pitch on investor day had fallen flat, the CEO headed to the Bahamas.

It will likely survive, but only after more firms and currencies crash and burn. Here’s why. Illustration for Big Question on whether crypto is about to go extinct

Unlike last year's collapse of FTX, cryptocurrency did not play a leading role in the collapse of Silicon Valley Bank and Signature Bank, experts tell ABC News.

(NEW YORK) -- In the wake of last year's collapse of cryptocurrency exchange FTX, the collapse this week of Silicon Valley Bank and Signature Bank -- representi

Lvcandy/Getty Images(NEW YORK) -- In the wake of last year's collapse of cryptocurrency exchange FTX, the collapse this week of Silicon Valley Bank and