Caroline Ellison, former head of trading firm Alameda Research, took to the stand in the fraud trial against Sam Bankman-Fried. Plus, we unpack September’s fresh inflation numbers.
The trial of Sam Bankman-Fried provides early lessons for crypto
by David Brancaccio
Michael M. Santiago/Getty Images
“There were red flags all over FTX,” said the New York Times’ David Yaffe-Bellany. “Even in the kind of renegade world of crypto, these sort of lessons from traditional finance still apply.”
Delving into today's CPI report
by Nancy Marshall-Genzer
The fresh inflation numbers are in. The headline Consumer Price Index calmed down some, rising just .4% in September. But it’s more than the headlines. We discuss the report with economist Diane Swonk.
October, that magical time of year when holiday shopping begins
by Henry Epp
Justin Sullivan/Getty Images
Companies like Target, Walmart and Kohl’s held sales this week aimed at holiday shoppers, and Amazon just wrapped up its second Prime Day event of the year.
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