Stock and bond trading suggest that investors see an imminent deal to raise the debt limit and prevent the federal government from defaulting. Story Published at: May 26, 2023 at 12:24PM Continue Reading…
Is a Debt Deal Nigh? The Market Sees Signs of Optimism.
The U.K. Deals a Huge Blow to Microsoft’s $69 Billion Activision Bid
The British antitrust watchdog blocked the takeover attempt, in a decision that will be closely watched in Washington and Brussels. Story Published at: April 26, 2023 at 01:30PM Continue Reading…
Why Silicon Valley Bank Collapsed — And What Comes Next
The economic writer Noah Smith breaks down the recent bank failure and the questions emerging in its aftermath. Story Published at: March 16, 2023 at 09:00AM Continue Reading…
The Silicon Valley Bank Rescue Isn’t What Glass and Steagall Had in Mind
Having bailed out depositors of a failing institution in full, how will the government refuse others? Story Published at: March 15, 2023 at 09:00AM 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…
Investors Sue Treasury Department for Blacklisting a Crypto Platform
Tornado Cash was banned last month to prevent hacking, money-laundering and other cryptocurrency crimes. Story Published at: September 8, 2022 at 02:36PM Continue Reading…
Treasury Dept. blacklists crypto platform used in money laundering.
The crackdown was the government’s latest effort to rein in the crypto industry. Story Published at: August 8, 2022 at 07:32PM Continue Reading…
Kraken, a U.S. Crypto Exchange, Is Suspected of Violating Sanctions
The Treasury Department is investigating whether the crypto exchange allowed users in Iran to buy and sell digital tokens, said people with knowledge of the matter. Story Published at: July 26, 2022 at 06:54PM