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Billionaire Sam Bankman-Fried has lost half his net worth in 2022 but he says the crypto market isn’t going to zero and will recover with stocks: ‘Crypto markets have mostly stabilized’

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Reuters

Mexico president says soldiers did not confront cartel ‘to avoid deaths’

A military convoy in the Mexican state of Michoacan did not confront the members of a drug cartel who chased them out of town in broad daylight “to avoid deaths,” the country’s president said Thursday. “Some used (the incident) to say what kind of country we live in (…) that there was no authority, how could the Army have been humiliated this way,” said President Andres Manuel Lopez Obrador in a regular morning news conference. Widespread violence has wracked Mexico under Lopez Obrador, who took office in late 2018 pledging to pacify the country with a less confrontational approach to dealing with organized crime.

‘What are the chances? I retire and the stock market crashes. All my plans are upside down.’ I want to draw on my 401(k) to renovate my new home. What options do I have?

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