Brian Armstrong, Coinbase’s CEO, said the SEC is on “a lone crusade” with Chair Gary Gensler taking a “more anti-crypto view.”Story Published at: May 08, 2023 at 11:32AM
Coinbase CEO says SEC is on ‘lone crusade,’ dials back on suggestion exchange may relocate
Oil’s sharp slide has surprised markets. But some traders now see a bottom for prices
The recent whipsaw of oil prices are bottoming out, analysts forecast, with a more significant pickup in subsequent quarters in the cards.Story Published at: May 08, 2023 at 11:12AM
‘A very problematic market’: As Arm shuns London, tech investors question UK as an IPO destination
British chip designer Arm recently decided to list in New York, leading to worries that London will miss out on more blockbuster tech IPOs.Story Published at: May 08, 2023 at 07:40AM
European stocks set to rise at the start of the week, traders digest rate hikes; FTSE closed
European indexes are set to start the week on a stronger footing, as traders look to more corporate earnings, economic data and a Bank of England rate decision.Story Published at: May 08, 2023 at 06:49AM
International Rescue Committee anticipates ‘secondary humanitarian crisis’ in Sudan
The International Rescue Committee anticipates “a secondary humanitarian crisis” as refugees pour into neighboring countries escaping the escalating conflict in Sudan. Story Published at: May 08, 2023 at 06:17AM
Hollywood’s Reynolds and McElhenney found success at Welsh soccer club Wrexham. But there’s a warning for would-be copycats
“The thing that strikes me is how wrong it could’ve gone. People are waiting in the wings to shoot this kind of thing down,” said Sam Hollis, head of strategy at FutureBrand.Story Published at: May 08, 2023 at 06:14AM
While Asia markets may cheer a Fed pause, watchers are split on growth prospects
The region’s recent earnings and disappointing Chinese economic data leave watchers split on the growth outlook.Story Published at: May 08, 2023 at 06:28AM
CNBC Daily Open: Investors like jobs growth
A strong jobs reading, a note from JPMorgan and an optimistic earnings report from Apple buoyed U.S. markets Friday.Story Published at: May 08, 2023 at 01:11AM
Summer travel: How to save during a busy, expensive season
It’s expected to be a busy and costly summer travel season. But there are some ways to save.Story Published at: May 07, 2023 at 03:00PM
Yellen warns of ‘economic chaos’ unless Congress raises the debt ceiling
Janet Yellen on Sunday said that failure to raise the debt ceiling will cause a “steep economic downturn” in the U.S.Story Published at: May 07, 2023 at 03:57PM