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Priscilla Presley was making $900,000 a year from Elvis Presley Enterprises despite having no stake in the company, a lawsuit alleges. When Priscilla’s daughter, Lisa Marie Presley, sued her former business manager, Barry Siegel, in 2018 for “negligently” mismanaging his money, she noted in the lawsuit that Siegel “authorized (and, indeed, pressured)” on almost seven […]
new York CNN Business — The latest crypto hack has targeted a gaming-focused blockchain network that supports the popular video game Axie Infinity. Hackers made off with about $625 million worth of Ethereum and USDC, two cryptocurrencies, in one of the largest crypto hacks of all time. The hackers breached the Ronin Network, an independent […]
The bond market’s most reliable gauge of the US economic outlook for the past half-century is hurtling toward inversion at a faster pace than it has in recent decades, raising fresh worries about the economy’s prospects as the Federal Reserve begins to consider aggressively hiking interest rates . The widely followed spread between 2-year TMUBMUSD02Y, […]
Photo: Francois PICARD / AFP (Getty Images) Medical debt is an albatross hung around the necks of Americans—but some relief is on the way. Over the weekend, three of the country’s major credit reporting agencies announced they would soon remove most medical debt from their calculation of credit reports, along with other reforms. The decision […]
Hello! Welcome back to Distributed Ledger, our weekly crypto newsletter that reaches your inbox every Thursday. I’m Frances Yue, crypto reporter at MarketWatch, and I’ll walk you through the latest and greatest in digital assets this week so far. Find me on Twitter at @FrancesYue_ to send feedback or tell us what you think we […]
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