do kwon was the boss of a singapore—based terraform labs that developed the terra usd and luna cryptocurrencyapse in 2022 sparked a wider sell—off in the market, the us prosecutor saying do kwon was responsible for the failure of the coin, accusing him of orchestrating the multibillion—dollar crypto asset security fraud. and official china state planner says there is room for economic policies to support the economy. he said the company will face many difficult challenges this year. among the plans are subsidies for durable goods such as cars, appliances and funding for businesses looking to upgrade the larger scale equipment. why is this happening? a big reason is _ why is this happening? a big reason is tightening - why is this happening? a big reason is tightening rules - reason is tightening rules around personal and retail loans will the central bank and forced almost a year ago. there were warning banks against rising risk and also the risk of defaults. in this category. this is one segment that is actually seen almost a growth falling by almost half. this was the category where cheaper

do kwon was the boss of a singapore—based terraform labs that developed the terra usd and luna cryptocurrencycollapse in 2022 sparked a wider sell—off in the market, the us prosecutor saying do kwon was responsible for the failure of the coin, accusing him of orchestrating the multibillion—dollar crypto asset security fraud. and official china seat planner says there is room for economic policies to support the economy. he said the company will face many difficult challenges this year. among the plans are subsidies for durable goods such as cars, appliances and funding for businesses looking to upgrade the larger scale equipment. in the us, tesla shares fell by 6% in new york after a report of its drop in annual deliveries. michelle fleury has the details. tesla delivered a record number of cars in the final three months of last year. 495,570 vehicles to be precise. but that figure was short of the number it needed to beat its 2023 full year performance. for all of 2024, tesla delivered 1.79 million vehicles worldwide. down about 1% from last year. the first time the company has reported this

kwon cofounded terra-form labs. and u.s.s claim he misled investors about the stability of his digital tokens. he was arrested in montenegro last march while attempting to board a flight using a fake passport. >>> dartmouth men's basketball players have withdrawn their petition to unionize, which would have made history. in withdrawing the petition the service employees international union, local 560, which represents the players, decided not to gamble with the new looming republican majority on the board and potentially risk a negative opinion on whether to approve the petition. that's your cbs money watch report for this new year's morning. happy new year, michael. >> we'll be right back. year's morning. happy new year, michael. >> we'll be right back. i noticed things changed. breztri gave me better breathing starting within 5 minutes. it also reduced flare-ups. breztri won't replace a rescue inhaler... for sudden breathing problems. it is not for asthma. tell your doctor if you have a heart condition or high blood pressu

stanford grad dodd kwon is accused of lying to investors to fool them into investing into terraform labs, a singapore crypto firm he co-founded. prosecutors say investors worldwide were harmed by the $40 billion crash of terraform labs cryptocurrency. terraform declared bankruptcy last january. kwon is one of several cryptocurrency moguls to face federal charges after a slump in digital token prices in 2022 prompted the collapse of a number of companies. a sharp rise in mortgage interest rates has meant a big drop in the demand for mortgages. a new report from the mortgage bankers association says mortgage applications are down more than 20% for the end of the year. interest rates had been ler than the previous year for much of 2024, but economists say a mortgage rate hike in december caused applications to drop off. they say there are more homes on the market now compared to this time last year, but many of those houses have been sitting for months due to high prices and higher interest rates. all right. still ahead, trying to make cities more attractive to visitors to help bay area cit

matthew mueller was convicted of raping and kidnaping denise huskins, kwon, in vallejo back in 2015.allejo pd infamously called the case a hoax before mueller was eventually arrested. the crime, though, got fresh interest last year after netflix aired the documentary series americican nightmare. the police chief in seaside watched that show and decided to write to mueller in prison. surprisingly, mueller wrote back. chief says he gave critical info tying him to at least four other crimes, including a rape and kidnaping back in 1993. when mueller was just 16, mueller was 16 years old when he attacked his first victims. and he was 38 years old by the time he got to us. that's two decades of this mindset that he was living in. by the time our case came about, they found storage units full of equipment to help him facilitate terrorizing people. that's denise huskins and her husband, who initially was suspected in the hoax as well when he was just her boyfriend. this week, mueller was also chargedith a previously unreported 2015 kidnaping and ransom scheme in san ramon. he's also being li

former world champion kickboxer, competed at league level in tae kwon do, she represented wales beforebiggest test as well, for a test and a fight that i believe i come out on top and _ a fight that i believe i come out on top and i'm — a fight that i believe i come out on top and i'm excited more than anything. to do it at the royal albert— anything. to do it at the royal albert hall, historic, iconic venue. when _ albert hall, historic, iconic venue. when i _ albert hall, historic, iconic venue. when i turned it over as olympic champion, — when i turned it over as olympic champion, i wanted to move fast, i wanted _ champion, i wanted to move fast, i wanted to— champion, i wanted to move fast, i wanted to create a legacy, i want to become _ wanted to create a legacy, i want to become undisputed world champion. i went back— become undisputed world champion. i went back in _ become undisputed world champion. i went back in cardiff in may, i secured _ went back in cardiff in may, i secured three world titles and they want more — secured three world titles and they want more and that isju

. >> sheriff luna jo kwon with spectrum news. is maybe a dumb question. but as far as the curfew is, is somebody walks in past 06:00pm in those evacuated areas. how to how will that work? just so, you know, i've seen a lot of people walking just to see if their homes are okay. the neighborhoods are okay. they're frustrated. how is that going to work? they just cannot walk in there, though. get arrested. what you know, just lay that out for us. >> yeah, it's not a dumb question at all. it's a very good question. our deputy sheriffs police officers use very good judgment, common sense. the approach people, they'll ask them questions. obviously one of the first ones is where you live. they want to make sure that they belong there. if you don't belong there and can explain why you're there or it doesn't make sense, there will be further questions. the last thing we want to do in law enforcement is arrest somebody. we don't want to take enforcement action. we're out here. we were on a life-saving mission with our partners at the fire department right? but if y

we're not 30 years out we're not 15 years old we are today we are supporting businesses today with kwonntum com. >> he said he would sit down with jensen to walk him through what he got wrong. quantum computing at rigetti up 1,000% in the last three months. all of them getting a boost on the alphabet news on quantum computing. >> when valuations seemingly doesn't matter, people will bid things up to levels that don't make a whole lot of sense. then you hear something like the comments made that it's not going to be a thing for awhile, people get a semblance of normalcy i don't think that move to the downside is over >> you could make the case, in an ironic fashion, that maybe artificial intelligence is a ways off all the spending that we're working towards to obviously train these models and do these things that seem really wiz-bangy, maybe we don't realize that for five to ten years. you can make that comparison >> it's interesting, though, when google announced the breakthrough, we were sitting here, saying, why is all this market cap being afforded to google for something that is yea

others to play along because they are getting scared of it and he isn't scared and he is taught tae kwon do and let's get them. and wide ranging so it's a lovefest. >> it is interesting that it is rogan's continued ability to get people to open up in surprising ways but the discussion was how widely an operator mark zuckerberg is siding with one part of the aisle and he is making this very over shift to the right wing. >> let's call him savvy. and there were these moments and he lives on the ranch and he shoots pigs and he is pro- gun but it what point does joe rogan say maybe you do martial arts to kill people in the next line was the equivalent of is good to kill people? maybe we should listen to them because it did have an element of extremism that i am not used to anyone having. >> this is a bit from that. >> you use this to put in place a lot of rules that i think feel arbitrary but haven't really invented anything great for a while and it's like steve jobs invented the iphone and now they are sitting on it 20 years later. >> yes. >> i don't know what to say. look. i don't want to m