Firefighter testifies he lost most of 0K in retirement savings after investing in companies criticized by Andrew Left

Federal prosecutors called a witness in the Andrew Left securities fraud trial who might resonate with the jury — a retail investor who said he lost his retirement nest egg by investing in stocks that tanked after being criticized by the famous short-seller. Loading audio narration… Billy Banks, a retired firefighter from Texas, testified at Left’s trial in a Los Angeles federal court on Thursday. Prosecutors have accused Left, founder of Citron Research and a…

Finance news

View More
Paramount+ is exploring adding podcasts, following Netflix’s lead

Paramount is interested in adding video podcasts under CEO David Ellison.Michael Yanow/NurPhoto via Getty Images; Valerie Macon/AFP via Getty ImagesParamount+ is exploring adding podcasts, following a push from Netflix.A Paramount streaming executive said video podcasts could help drive engagement and discovery.Paramount has put short-form video on its service and is…

Business

View More
Americans rethink retirement plans as longer lives, rising costs collide

Americans are rethinking when to retire and claim Social Security as longer lifespans collide with uncertainty over the program’s future. Social Security could reach insolvency by late 2032 or early 2033, potentially triggering automatic benefit cuts if Congress fails to act. At the same time, Americans are living longer, stretching…

Markets

View More

Investing

View More