Tag: C&E Executive News Filter

What to Expect as FTX Debuts Biggest Crypto Chapter 11 in Court

What to Expect as FTX Debuts Biggest Crypto Chapter 11 in Court

FTX is expected to make its debut appearance Tuesday in Delaware bankruptcy court, where its new management is expected to recount events leading up to the cryptocurrency platform’s sudden collapse and explain the steps it has since taken to secure customer funds and other assets. FTX’s lawyers are advancing an unprecedented chapter 11 case marked […]

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Rising Interest Rates Put Small Business Owners' Plans on Hold

Rising Interest Rates Put Small Business Owners' Plans on Hold

Listen to article (2 minutes) Add rising interest rates to the challenges that small businesses are already grappling with, including inflation, labor shortages and strained supply chains. Some small businesses are cutting back on borrowing, paying down debt or delaying expansion plans as interest rates rise. Others worry that rising rates will boost prices charged […]

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With Student Loan Forgiveness in Legal Limbo, Scammers Pounce

With Student Loan Forgiveness in Legal Limbo, Scammers Pounce

A federal judge struck down President Biden’s student loan forgiveness plan on Nov. 10. The ruling is being challenged, but that hasn’t stopped scammers eager to capitalize on borrowers’ confusion and frustration. Scams targeting Americans impatient for debt forgiveness surged in the first 10 months of 2022, according to the Federal Trade Commission. The agency […]

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