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...
World stocks soar, investors pare rate bets after US jobs data
Stocks rally as U.S. jobs data quells inflation fears Investors bet that Fed need not be as hawkish Treasury yields pull back, dollar sags NEW...
Wall St Week Ahead Stumbling Treasury rally clouds bond market outlook for 2023
NEW YORK, Dec 30 (Reuters) – U.S. government bond investors hurting after the biggest annual decline in the history of the asset class are riding...
Biden signs $1.66 trillion FY 2023 government funding bill
CHRISTIANSTED, St. Croix, Dec 29 (Reuters) – President Joe Biden on Thursday signed a $1.66 trillion bill funding the U.S. government for fiscal year 2023,...
ECB should avoid things that worsen the economy, Italy PM says
ROME, Dec 29 (Reuters) – Italy’s Prime Minister Giorgia Meloni on Thursday said the European Central Bank should avoid making “pejorative choices” and communicate well...
Gold jumps to six-month high on China reopening optimism
Gold rises to highest level in half a year (.DXY) down 0.2% Benchmark 10-year yields reach highest level since Nov. 15 China to drop quarantine...
How 2022 shocked, rocked and rolled global markets
World stocks down 20% in worst year since financial crisis Bond market has been pounded as rates have risen Wild swings in commodity and FX...
Republican senators propose overhaul of Federal Reserve amid concerns about politics
NEW YORK, Dec 21 (Reuters) – Seven Republican U.S. senators on Wednesday announced a new bill aimed at reshaping the Federal Reserve’s 12 regional banks,...
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...