US prepares new rules on investment in technology abroad- WSJ
March 3 (Reuters) – The Treasury Department is preparing a new program that could prohibit U.S. investment in certain sectors of adversarial nations, the Wall...
Wall St heads for big weekly drop as investors sweat rate hikes
PCE index up 0.6% m-o-m in Jan after 0.2% rise in Dec Boeing slides on 787 Dreamliner jets temporary halt Adobe falls as DoJ to...
Analysis: Wall Street heavyweights warn of pain ahead despite market’s recent reprieve
NEW YORK, Jan 25 (Reuters) – Some of Wall Street’s biggest names are throwing cold water on expectations that the U.S. economy will scrape through...
Crypto crime hits record $20 bln in 2022, report says
LONDON, Jan 12 (Reuters) – Illicit use of cryptocurrencies hit a record $20.1 billion last year as transactions involving companies targeted by U.S. sanctions skyrocketed,...
Heavy discounts drive record U.S. online holiday spending, report says
Jan 5 (Reuters) – U.S. online spending during the 2022 holiday season rose by a better-than-expected 3.5%, a report by Adobe Analytics showed, as retailers...
Insurers shun FTX-linked crypto firms as contagion risk mounts
Dec 19 (Reuters) – Insurers are denying or limiting coverage to clients with exposure to bankrupt crypto exchange FTX, leaving digital currency traders and exchanges...
Crypto exchange Gemini trying to recover $900 million from crypto lender Genesis, Financial Times reports
Dec 3 (Reuters) – Crypto broker Genesis and its parent company Digital Currency Group (DCG) owe customers of the Winklevoss twins’ crypto exchange Gemini $900...
Factbox: Crypto companies crash into bankruptcy
Dec 1 (Reuters) – 2022 has been a rough year for the crypto industry. The price of bitcoin has dropped 65% since the start of...
Credit outlook darkens for non-financial companies, Moody’s says
Debt costs to increase as interest rates rise, hedges expire Lower purchasing power to hit demand in consumer-facing sectors Wage inflation to stay high, fuel...
Factbox: Corporate America braces for large-scale layoffs
Nov 10 (Reuters) – Corporate America is making deep cuts to its employee base as part of its restructuring efforts to navigate a potential downturn...