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Binance was hacked in the largest crypto heist ever, impacting $6.3 billion, and Alphabet stock suffered its worst day since Google went public in 2004, dropping 13% on Thursday and wiping out roughly $500 billion in market cap. Just days away from the U.S. midterms, Representative Suzan DelBene (D…
California voters will decide next week whether to impose a one-time 5% tax on residents worth more than $1 billion. Paris School of Economics Professor Gabriel Zucman joins to advocate for the proposal while Stanford’s Joshua Rauh explains why it will generate far less revenue than projected. Form…
Fed Chair Kevin Warsh announced that the Federal Reserve is holding interest rates steady. CNBC’s Steve Liesman breaks down the decision, and former director of the National Economic Council Gary Cohn looks to the Fed’s future, risks in the AI economy, and what’s coming for consumers. Former New Ha…
Happy election day! Results from the midterms could impact CEOs, dealmaking, and the regulatory landscape; CNBC’s Megan Cassella reports on the key races Wall Street is watching. Hedge funder Bill Ackman, with nearly $33 billion under management at Pershing Square, shares his perspective on the mar…
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