U.S. M2 Money Supply Approaches New Highs as Financial Assets Reach Record Levels

September 25, 2024 Leave a Comment

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Accused ‘Ghost’ app mastermind’s crypto millions seized by federal police October 2, 2024
Almost $10m of cryptocurrency was seized from Jay Je Yoon Jung, who faces charges including dealing with suspected proceeds of crimeFollow our Australia news live blog for latest updatesGet our breaking news email, free app or daily news podcastCryptocurrency worth almost $10m has been restrained after police cracked an alleged criminal communication network.Almost $10m in […]
British gambling regulator prosecutes Sorare football game September 26, 2024
Gambling Commission accuses $4.3bn business promoted by Premier League of providing unlicensed gamblingBritain’s Gambling Commission is to prosecute Sorare, a multibillion-pound company that makes a fantasy football game promoted by the Premier League, for providing unlicensed gambling.Sorare, which is valued at $4.3bn (£3.21bn) and counts major international investment firms such as SoftBank among its backers, […]
Caroline Ellison sentenced to two years after serving as star witness against FTX’s Sam Bankman-Fried September 24, 2024
Ex-Alameda CEO and ex-girlfriend of fallen crypto mogul pleaded guilty, but prosecutors requested lenient sentenceCaroline Ellison, the former crypto executive and romantic partner of the disgraced FTX founder Sam Bankman-Fried, was sentenced to 24 months in prison in Manhattan federal court on Tuesday. Ellison was a central figure in the FTX bankruptcy saga and key […]
Trump launches new cryptocurrency venture but declines to share details September 17, 2024
Ex-president announces World Liberty Financial and publicly addresses second apparent assassination attemptDonald Trump launched his family’s cryptocurrency venture, World Liberty Financial, on a livestreamed interview on the social media platform X on Monday. The Republican presidential nominee gave few details about the venture but did offer his first public comments on the apparent assassination attempt […]
Asic taking down average of 20 scam websites a day August 18, 2024
Crypto scams accounted for 615 takedowns, the regulator says, as total number exceeds 7,300 in 12 monthsFollow our Australia news live blog for latest updatesGet our morning and afternoon news emails, free app or daily news podcastMore than 7,300 websites have been taken down in the first year of operation of the Australian Securities and […]

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Homes for sale close to British woodland – in pictures October 4, 2024
From a grand seven-bedroom mansion to a fairytale cottage nestled in a remote hamlet Continue reading...
Ex-carbon offsetting boss charged in New York with multimillion-dollar fraud October 4, 2024
Kenneth Newcombe, formerly CEO of C-Quest Capital, indicted over allegations of carbon credit manipulationA former carbon offsetting executive has been charged with fraud by US federal authorities, who allege that he helped to manipulate data from projects in rural Africa and Asia to fraudulently obtain carbon credits worth tens of millions of dollars.Kenneth Newcombe, former […]
Denise Coates’ charity may have saved Bet365 more in tax than it has given to good causes October 4, 2024
Exclusive: Guardian analysis suggests foundation has reduced gambling group’s tax bill by as much as £140mA charity set up by the billionaire boss of Bet365, Denise Coates, may have saved her online gambling empire more in tax than the foundation has yet given to good causes, Guardian analysis suggests.The Coates family are among Britain’s biggest […]
West Ham owner says non-dom crackdown is driving wealthy from the UK October 4, 2024
David Sullivan complains he is selling his six-storey house near Regent’s Park at a loss as he reduces it to £65m David Sullivan, the British businessman who co-owns West Ham United football club, has cut the asking price of his London house by £10m and has blamed the promised crackdown on non-doms for rich people […]
Carmakers ramp up pressure on chancellor for EV sales subsidies October 4, 2024
Bosses say cost of complying with zero-emission vehicle mandate is ‘astronomical, and unsustainable’UK electric car sales hit a record high in September, even as bosses from big carmakers told the chancellor that government targets were putting too much pressure on the industry.The British industry sold 56,300 electric cars during the month, the highest on record, […]
US dock workers agree on deal with port operators to end strike October 3, 2024
International Longshoremen’s Association announces agreement for wage hike and immediate work resumptionThe US ports strike that shut down shipping on the east and Gulf coasts for three days came to an end on Thursday after dock workers struck a tentative deal with port operators.The International Longshoremen’s Association (ILA) announced that the union had reached an […]
Labour to commit almost £22bn to fund carbon capture and storage projects October 3, 2024
Investment will fund two CCS clusters – but environmental campaigners have criticised plansRachel Reeves is paving the way for a multibillion-pound increase in public-sector investment at the budget after the government announced plans to commit almost £22bn over 25 years to fund carbon capture and storage projects.In what is expected to be one of the […]
Today, with a £22bn pledge for carbon capture, Labour’s green revolution for Britain begins | Rachel Reeves October 3, 2024
Revitalising the country’s industrial heartlands and creating decent, well-paid jobs is at the heart of our missionRachel Reeves is the chancellor of the exchequerThree months ago, the British people voted for change. For a Britain that works for working people again, with an economy that is growing, an NHS that is fixed and more money […]
Stranded cruise ship finally leaves Belfast for round-the-world voyage October 3, 2024
Villa Vie Odyssey passengers spent four months stuck in Northern Ireland while their vessel underwent repairsThe luxury cruise liner stranded in Belfast for four months has finally set sail after three days marooned in Belfast Lough.By 8pm the Marine Traffic website showed the Villa Vie Odyssey skirting the Isle of Man, apparently on its original […]
The Guardian view on Andrew Bailey’s aggression: whatever traders think is true becomes fact | Editorial October 3, 2024
Balance of payments, interest rates, unemployment and inflation determine short-term currency prices, but they are dwarfed by foreign exchange speculationBefore Andrew Bailey, the governor of the Bank of England, spoke to this paper’s economics editor, the pound was the best-performing currency among Group of Ten (G10) wealthy nations. It was just a fraction away from […]

U.S. M2 Money Supply Approaches New Highs as Financial Assets Reach Record Levels

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