According to an article by Spencer Jacob for the Wall Street Journal (WSJ), which was published earlier today, investment expert Mark Spitznagel is concerned about the potential upcoming bursting of the “greatest bubble in human history.”. Spitznagel is an American investor and hedge fund manager best known for founding...

U.S. Stock Market Warning: The ‘Greatest Bubble in Human History’ Could Be About to Burst, Claims Investment Guru

Andrew Left and his firm Citron Capital—among the most prominent GameStop short sellers amid the meme stock boom—were charged Friday by both the SEC and the U.S. Department of Justice for a multi-million-dollar fraud scheme, prompting fans of the video game retailer and Roaring Kitty’s cult following to take to social media to celebrate.

GameStop, Nvidia Short Seller Hit With SEC and Criminal Fraud Charges

Los Angeles, CA

Andrew Left, the founder of short-selling financial research firm Citron Research, has pleaded not guilty to several securities fraud charges laid against him on July 26. Left reportedly appeared in a 40-minute-long hearing in a federal court in Los Angeles, where Judge Rozella Oliver imposed a $4 million unsecured bond and a $1 million collateralized bond against Citron’s founder.

Citron founder pleads not guilty to fraud over short seller calls

Famed short sheller Andrew Left pleaded not guilty Monday to charges of fraud levied against him by the Justice Department. Left was indicted on 19 counts for allegedly manipulating stocks and trading against positions he publicly shared on social media and in appearances business news channels on Friday. He surrendered in Los Angeles court Monday, and made his first court appearance in the case (of what will likely be many), Bloomberg reported.

'The Bounty Hunter of Wall Street' pleaded not guilty in his multi-million dollar fraud case

California State

In the Central District of California, a federal grand jury returned an indictment charging a habitual short seller in a $16m market manipulation scheme. Andrew Left, formerly of Beverly Hills, California, and now Boca Raton, Florida, is at the charge’s core. According to court documents, Left ran the Citron Research (Citron) business channels via a website and social media. He did so as an analyst and suggested possible options for prospective investors.

California grand jury charges short seller in $16m fraud scheme

The Spun

A European announcer at the Summer Olympics has been immediately removed from the broadcast after his "inappropriate" comment this weekend. Bob Ballard, a veteran broadcaster for Eurosport, made a "sexist" comment after the women's 4×100-meter freestyle relay on Saturday. Australia won the ...

Olympic Announcer Removed From Broadcast After 'Inappropriate' Comment

Florida State

Writers represent independent, third-party users who have joined our contributor program and self-verified their accounts. Writers are expected, like all users, to adhere to our Community Standards.

writer

Akeena

Wow, that's a tough situation for UKG employees in Florida. Imagine gearing up for a holiday weekend and then getting blindsided with news of massive layoffs. It's not just the number—2,200 employees, which is 14% of their workforce—but also how abruptly it was done, right before the Fourth of July.

Thousands of workers in Florida laid off by a major company

TheStreet

According to Oxfam International, the top 1% saw its wealth skyrocket over the last 10 years.

The world’s richest got $42 trillion richer over the last decade

Business Insider

A Swiss court threw out Puech's allegations that a former wealth manager played a role in the loss of billions in Hermès shares.

The Hermès heir who planned to leave billions to his gardener now says his fortune is gone

Missouri State

Fulton, MO

CJ Coombs

Updated on July 17, 2024, concerning two of the missing children listed below. Bringing them home: for 40 years, the National Center for Missing and Exploited Children (NCMEC) has been helping to locate missing children.

Seven teenagers have been missing in Missouri since June 2024

Pro-XRP lawyer clarifies key points in ongoing Ripple v. SEC case as viral rumours emerge. The longer the Ripple vs. SEC legal battle continues, the more the crypto space is filled with various speculations, rumors, uncertainties and doubts on this matter. Earlier, it was expected that the case would finally be resolved in July this year - the anniversary of the previous ruling when XRP was recognized as a nonsecurity.

Ripple v. SEC: XRP Lawyer Debunks Viral Rumors

Contributors represent independent, third-party users who have joined our contributor program and self-verified their accounts. They have also demonstrated their experience writing hard news for other outlets. Contributors are expected, like all users, to adhere to our Community Standards.

contributor

Bucks County Beacon

Most Americans want Donald Trump to drop out of the race. Most Americans believe Trump is dishonest. Most Americans reject Trump’s vision for the country. And most Americans don’t trust Trump to handle a crisis.

AP-NORC Poll: About 60 Percent of Americans Want Trump to Withdraw from Presidential Race

Chicago, IL

Foodie in Chicago

Shortly before 3 AM, people in the Chicago area may have felt their houses shake as a 3.4-magnitude earthquake occurred about 60 miles west of the city. (CHICAGO) The United States Geological Survey (USGS) reported a 3.4-magnitude earthquake around Somonauk, IL. Somonauk is in DeKalb and LaSalle Counties, 64 miles west of Chicago.

Did You Feel the Earthquake?

Uncovering Florida

Most people are guilty of doing it at least once in their lives, many people do it by accident, some do it because they find it fun, and others do it for reasons like honoring loved ones. Regardless of the situation, just about everyone has released a balloon. The difference is that intentionally releasing balloons is now illegal by House Bill 321’s standards.

Law Signed By DeSantis Makes It Illegal To Release Balloons In Florida

Newark, NJ

Paterson, NJ

Morristown Minute

NEWARK, N.J. – Jasmine McGregor, 32, and Jhenelle Lewis, 35, both of Paterson, New Jersey, have pleaded guilty to conspiring with a physician to distribute oxycodone, a powerful opioid, without legitimate medical justification. The announcement was made today by U.S. Attorney Philip R. Sellinger.

Paterson Residents Conspired with Physician to Illegally Distribute Opioids

Reuters

(Reuters) - A look at the day ahead in Asian markets. Asia's economic calendar is remarkably light on Tuesday, allowing markets to take their cue from broader drivers such as China's deepening economic malaise, the shifting outlook for U.S. monetary policy, and the Q2 earnings season on Wall Street.

Morning Bid: China misery deepens, US curve steepens

Chipotle (CMG -1.63%) is one of the most popular fast-casual options on the market and one of the fastest growing. It's garnered a lot of attention from investors, and after another strong quarter, the company's stock tipped above $3,000 in early 2024. That's a pretty expensive stock. For many smaller,...

After Chipotle's Stock Split, Can It Reach $3,000 Again?

Markets Insider

The Federal Reserve risks prematurely cutting interest rates right as the US economy is poised to reaccelerate, Jim Bianco told CNBC. "The reason I suspect that we're going to have zero rate cuts is I don't think they're warranted. The economy is continuing to move along just fine," the Bianco Research president said on Friday, adding: "I suspect there'll be a second-half rebound."

The Fed shouldn't cut rates at all this year as the US is poised for a 2nd half rebound, macro strategist says

Lindsey Vonn, the legendary U.S. Olympian, is in Paris, France for the 2024 Summer Games. The 2024 Summer Games are continuing on Sunday, with a couple of notable events taking place. The U.S. men's basketball team is taking on Serbia in a group stage game on NBC. Later on Sunday, the U.S. women's ...

Lindsey Vonn Posed In Nothing But 'Body Paint' For Epic Swimsuit Photo

Denver, CO

David Heitz

A dangerous drug that is being mixed into fentanyl is causing those who inject it to develop a rash of sores that resembles a case of flesh-eating bacteria. People experiencing homelessness around Denver can sometimes be seen with these bloody, weeping wounds. I recently mentioned this phenomenon to a fentanyl user who told me about the xylazine connection.

Denver homeless people suffer sores as xylazine enters fentanyl supply

Axios

NewsBreak

The U.S. government's case against short seller Andrew Left

Is it legal to lie on Twitter about what's in your stock portfolio? That's the question at the heart of both government cases against short seller...

The U.S. government's case against short seller Andrew Left

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