The Lehman Brothers of Crypto: How SBF's FTX Compares to 2008
"The primary use of crypto is speculation, and so its failure is unlikely to have broader repercussions," a law professor told Insider.
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"The primary use of crypto is speculation, and so its failure is unlikely to have broader repercussions," a law professor told Insider.
David Rubenstein, the multibillionaire co-founder of The Carlyle Group, thinks the Federal Reserve will face difficulty in bringing down high inflation.
Inflation showed signs of slowing down in July, but consumer prices remain well above the nation's 40-year high in certain parts of the country, the Labor Department reported.
Federal Reserve Vice Chair Lael Brainard signaled on Wednesday that policymakers are prepared to fight inflation for as long as needed until prices start to cool.
Regulatory changes have made the RIA fiduciary model more attractive for clients and advisors.