A court decision to delay a trial over the billionaire’s takeover bid for Twitter works in his favor as he plots his next steps. Story Published at: October 7, 2022 at 12:47PM Continue Reading…
‘Plot Twist!’ as Elon Musk Wins Partial Victory
Keeping Up With the Crypto Influencers
Also, a group of regulators put together after the financial crisis weighs on how risky digital currencies are to the economy. Story Published at: October 4, 2022 at 01:43PM Continue Reading…
Crypto Needs More Rules and Better Enforcement, Regulators Warn
The Financial Stability Oversight Council said that the growing crypto market could pose risks to the broader financial system. Story Published at: October 3, 2022 at 09:34PM Continue Reading…
Kim Kardashian to Pay $1.26 Million to Settle S.E.C. Charges Over Crypto Promotion
The S.E.C. said Ms. Kardashian did not disclose she had been paid to promote a crypto token sold by EthereumMax. Story Published at: October 3, 2022 at 01:44PM Continue Reading…
Credit Suisse Takes a Hit Over Investor Fears
Shares in the troubled Swiss banking giant sunk on Monday as investors worry it may not pull off a risky turnaround plan. Story Published at: October 3, 2022 at 01:15PM Continue Reading…
‘Act of Sabotage’ Hits Europe’s Energy and Stocks Markets
Natural gas prices soared in Europe and stocks fell, as officials investigate the causes of the Nordstream 1 and 2 gas pipeline explosions. Story Published at: September 28, 2022 at 01:24PM Continue Reading…
Currencies around the world are tumbling. Except Bitcoin.
The cryptocurrency has risen 6.5 percent over the past seven days, bucking the trend as a strong dollar sinks other currencies. Story Published at: September 27, 2022 at 02:02PM Continue Reading…
The British Pound Is on Parity Watch
Global markets rebounded on Tuesday, but traders continue to worry about Britain’s risky pro-growth fiscal policies. Story Published at: September 27, 2022 at 01:07PM Continue Reading…
Interpol Issues ‘Red Notice’ for South Korean Crypto Founder Do Kwon
Prosecutors in Seoul issued an arrest warrant last week for Mr. Kwon on charges of violating South Korea’s financial laws. His cryptocurrencies, Luna and TerraUSD, crashed in May. Story Published at: September 26, 2022 at 12:04PM Continue Reading…
After a Big Rate Increase, Markets Fear a Recession
The Federal Reserve has more jumbo-size interest rises planned, stoking fears of downturns in the housing, labor and stock markets. Story Published at: September 22, 2022 at 12:40PM Continue Reading…