Markets Now
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Personal Investor 2 min read

Markets Now

Every weekday afternoon, get a snapshot of global markets, along with key company, economic, and world news of the day.

US banks hit by deposit delays

Bank of America alerted customers on Friday that their deposits may be delayed due to a problem impacting multiple banks.
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Who is Sam Bankman-Fried, the crypto king who had a stunning downfall?

New York (CNN) — Sam Bankman-Fried, once known as a cryptocurrency whiz kid, was found guilty on Thursday for his role in the collapse of the cryptocurrency exchange FTX.
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Analysis: November is typically the best month for stocks. So far, it’s looking promising

Analysis: November could offer some relief for investors bruised by losses over the summer if history is a reliable guide.
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Jeff Bezos is leaving Seattle for Miami

The Amazon founder announced on Instagram that he’s relocating from Seattle, where he has lived since 1994, to Miami.
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Shipping giant laying off 10,000 as pandemic boom turns to bust

Shipping giant Maersk is laying off thousands more workers as weak demand and lower freight prices pummel its revenues — a sign the pandemic-driven boom in shipping is turning to bust.
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The 5 most memorable moments from the Sam Bankman-Fried trial

Sam Bankman-Fried was found guilty Thursday following a two-week trial that was almost as crazy as the rapid rise and fall of cryptocurrency exchange FTX itself.
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Source: CNN Business

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