SEC’s Gary Gensler Had Crypto in His Sights for Years. Now He’s Suing Binance and Coinbase.
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Paper Money Diehards Refuse to Fold: WSJ
Many businesses take payment only by card or phone, but a pro-cash movement is urging people to ‘Resist! Defy! Don’t comply!’ [ad_2] Source link...
Bond Selloff Adds to the Pressure on Regional Banks: WSJ
Rising yields on debt threaten higher borrowing costs for lenders. Meanwhile, shares of regional banks were down, as PacWest said it lost 9.5% of total...
The Air Has Come Out of the Dollar: WSJ
The U.S. economy no longer looks so exceptional. That is bad news for the dollar. An almost decadelong runup has left the greenback heavily overvalued, some...
‘How to Buy Gold’ Hits a Google Record as Crypto Investors Chase World’s Oldest Asset: WSJ
The old-school precious metal has new allure for a generation seeking a respite from the cryptocurrency roller coaster. [ad_2] Source link...
Shopping for Insurance Against a Debt-Ceiling Debacle? Buyer Beware: WSJ
Quirks in the market for credit-default swaps might distort the probability of the Treasury defaulting on U.S. government debt. [ad_2] Source link...
Stocks Haven’t Looked This Unattractive Since 2007
Markets Stocks The allure of shares dimmed when bond yields surged and the corporate-earnings picture continued to darken [ad_2] Source link...
Gold Prices Are Near All-Time Highs. 3 Reasons for the Rise.
Bloomberg Text size Gold prices are headed toward record highs Tuesday—and they might not stop there. At $2,042 an ounce—up 2.1% on Tuesday—the gold price...
Banking Worries Fuel Gold Price Rally: WSJ
The most-actively traded gold futures contract has jumped 7.4% to $1,973.50 this month, reaching an intraday high of $2,014.90 last week and on pace for...
L.A.’s $100 Million Megamansions Are Getting Mega Price Cuts
Sellers are slashing prices for the area’s ultraluxury properties amid a broader slowdown, citing an impending new mansion tax and proposed restrictions on new construction A Bel-Air...