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    Ex-Official’s Son Convicted of Money-Laundering in Hong Kong

    A Hong Kong court has convicted the son of a former Chinese anti-corruption official of money laundering, shedding light on how illicit funds and bribes from the Chinese mainland are funneled through underground networks into the city’s financial system. On Tuesday, the Hong Kong District Court found Xiao Rui, the 37-year-old son of former Wuhan…

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      GoDaddy, HubSpot, and Upstart Shares Skyrocket, What You Need To Know

      GoDaddy, HubSpot, and Upstart Shares Skyrocket, What You Need To Know What Happened? A number of stocks jumped in the afternoon session after the 10-year Treasury yield dropped below 4.5%, providing valuation relief amid a broader tech pullback.  While semiconductor stocks like Micron (-2%) and Cerebras (-10%) dragged the Nasdaq lower, software names like Salesforce…

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