Americans lost $5.7 billion to investment scams in 2024, FTC says. Here’s how to protect yourself

Americans lost .7 billion to investment scams in 2024, FTC says. Here’s how to protect yourself

Key Points

Americans reported losing $5.7 billion to investment scams in 2024, according to the Federal Trade Commission. The typical victim lost more than $9,000 on average.
“Pig-butchering scams” are a common investment fraud whereby scammers develop a relationship with victims, entice them to invest money and then swindle them.
There are three common signs of fraud that can help people avoid being duped.

Source

Finance

Too early to bet against AI trade, State Street suggests

November 8, 2025

ETF Edge Too early to bet against AI trade, State Street suggests Published Sat, Nov 8 202511:00 AM EST Blair Bao WATCH LIVE Source

Finance

Fed’s Miran says stablecoin surge could help push interest rates lower

November 7, 2025

Key Points Fed Governor Stephen Miran on Friday suggested that surging demand for dollar-denominated stablecoins could help push U.S. interest rates lower. “Stablecoins may become a multitrillion-dollar elephant in the room for central bankers,” Miran said during a speech in New York. Source

Finance

Stocks making the biggest moves midday: Block, Archer Aviation, Akamai, Globus Medical and more

November 7, 2025

Check out the companies making the biggest moves midday: XYZ —The financial services provider plunged 10% after reporting third-quarter earnings of 54 cents per share, while analysts polled by LSEG were expecting 67 cents. Block’s $6.11 billion revenue also came IN below the forecast $6.31 billion. Globus Medical — The medical device maker soared 32% […]