Pig Butchering Scam
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5 Things to Know Before the Stock Market Opens Wednesday
Five key developments are summarized: escalating US-China trade tensions with a potential cooking oil embargo; the financial sector preparing for earnings season; the ongoing government shutdown’s impact, including Treasury Department layoffs and airport disruptions; Boeing’s anticipated strongest delivery numbers since 2018; and the DOJ’s seizure of $15 billion in Bitcoin linked to a “pig butchering” scam, representing its largest forfeiture action. Additionally, JPMorgan survey results reveal differing economic perceptions based on income.
