Daniel Kamensky, Marble Ridge Capital LP Hedge Fund manager, was charged with fraud for bidding on Neiman Marcus ecommerce business. The Department of Justice and the Security Exchange Commission are already involved at this time.
US soldier Sgt. John Hubbuch reads Stars and Stripes in Bosnia in 1999. | Amel Emric/AP Photo The Pentagon moved to close the longstanding, popular military newspaper. It’s not the first time. The Trump administration moved to close Stars and Stripes, a popular state-supported newspaper serving US military members, and was criticized for the plan…
The fight over defunding Stars and Stripes, explained — Vox – All
Unemployment fell to 8.4% in August, but the gain of 1.4 million jobs was the weakest in months. The end of federal aid programs is casting a shadow.
Job Growth Slackens, Signaling Vulnerability of Recovery — NYT > U.S. > Politics
Warren Buffett’s Berkshire Hathaway Inc said on Friday it had cut its Wells Fargo & Co stake to 3.3%, further reducing what had once been a $32 billion investment in the bank. Read More
Buffett’s Berkshire slashes Wells Fargo stake — Financial Post
Shares of Tesla tumbled 7% in extended trade on Friday after the electric car maker was excluded from a group of companies being added to the S&P 500, among them Etsy, whose stock market value is less than a 20th of Tesla’s. Read More
Etsy gets into S&P 500, Tesla does not — Financial Post
After a strong day yesterday, with Ethereum up over 12%, the crypto market has crashed this morning. The decline began around 6amET but really accelerated at around 0700ET with Bitcoin Cash and Ethereum hit hardest… …erasing all of yesterday’s gains… No immediate ‘news’ catalyst was evident for the move but we note that it happened…
Cryptos Crash After Bitcoin Tags $12,000 Again — geopolitic
Life is full of unpredictable twists and turns. Whether you’re well off or just starting out, some of those twists and turns will be expensive. But …
Ease your financial stress by starting (or replenishing) an emergency fund
the Java Exchange 