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Articles for David Gura

Why Bitcoin Is Surging to All-Time Highs on Trump’s Win
1 month, 1 week ago

Why Bitcoin Is Surging to All-Time Highs on Trump’s Win

Live Mint  

Never miss an episode. On today’s Big Take podcast, Bloomberg’s stacy-marie ishmael and David Gura break down whether the recent “melt up” in crypto prices is part another of boom-bust cycle or if the US’s first crypto-friendly president is likely to usher in a new era in digital assets. Gura: stacy-marie ishmael oversees Bloomberg’s coverage of crypto, and she says …

Congress Trump Crypto Digital Bitcoin Donald Trump Biden
FTX founder Sam Bankman-Fried is found guilty of all charges including fraud
1 year, 1 month ago

FTX founder Sam Bankman-Fried is found guilty of all charges including fraud

NPR  

FTX founder Sam Bankman-Fried is found guilty of all charges including fraud A jury in New York found the so-called crypt king guilty of securities fraud and six other criminal counts. A jury in New York found Sam Bankman-Fried guilty of seven criminal counts, including securities fraud and money laundering. Prosecutors said a fraudster is a fraudster, and they pushed …

Crypto New York Jury David Sam Npr Ftx
Goldman Sachs announces the largest round of layoffs since 2008's financial crisis
1 year, 11 months ago

Goldman Sachs announces the largest round of layoffs since 2008's financial crisis

NPR  

Goldman Sachs announces the largest round of layoffs since 2008's financial crisis Goldman Sachs, one of the most venerable banks on Wall Street, has announced it is laying off as many as 3,200 employees — as the bank tries to navigate a challenging economic environment. GURA: Well, Dwane, this is a huge warning sign, given how integral big banks like …

Bank Banks David Npr Wall Street Goldman Sachs Layoffs
CEOs no longer question if there will be a recession. The question now is when?
2 years, 2 months ago

CEOs no longer question if there will be a recession. The question now is when?

NPR  

CEOs no longer question if there will be a recession. As the Federal Reserve maintains it can get high inflation under control without triggering a recession, 98% of CEOs surveyed say they're preparing for a recession in the next 12 to 18 months. For many top executives, the question is no longer if there will be a recession, it's when. …

Europe Dimon Npr Recession High Inflation David Gura Longer Question
Sen. Warren says the big banks that own Zelle aren't doing enough to protect users
2 years, 2 months ago

Sen. Warren says the big banks that own Zelle aren't doing enough to protect users

NPR  

Sen. Warren says the big banks that own Zelle aren't doing enough to protect users Sen. Elizabeth Warren, D-Mass., is calling for more oversight of the popular banking service Zelle. And she says big banks that own Zelle are not doing enough to protect users from scams. While banks pay back customers for fraud, transactions they didn't authorize, there is …

Fraud Banks Npr Elizabeth Warren Big Banks Zelle David Gura
A crypto winter or a meltdown? Recession fears and layoffs hit crypto currencies
2 years, 6 months ago

A crypto winter or a meltdown? Recession fears and layoffs hit crypto currencies

NPR  

A crypto winter or a meltdown? Recession fears and layoffs hit crypto currencies As a rout in digital currencies deepens, crypto companies are warning of a coming recession and laying off hundreds of employees. GURA: Well, these are speculative assets, and a lot of what's driving the sell-off in stocks is also driving the sell-off in digital currencies. GURA: I'll …

David Npr Coinbase Sacha Digital Currencies David Gura Layoffs Hit