One of the more head-scratching phenomenas playing out in the digital-asset world is the shrinking of the stablecoin market while most cryptocurrencies are posting outsized gains this year.
United Parcel Service Inc. and Teamsters negotiators are poised to restart talks on July 25 as the two sides seek an agreement before the current labor contract expires at the end of the month.
Pacific Investment Management Co. is a house divided on whether the Bank of Japan stepping away from its yield-curve control policy will rattle or merely ripple through global markets.
Amazon.com Inc. will require some corporate employees to relocate as part of a mandate requiring workers to be in the office three days a week, according to people familiar with the matter, the latest source of strain between the tech giant and its workforce following layoffs that began last year.
The British power generation unit of Vitol Group saw a 27-fold increase in profits last year as prices soared and its traders employed controversial tactics that are now facing regulatory clampdown.
A likely re-weighting of Sirius XM Holdings Inc. in the Nasdaq 100 is adding another twist to the stock’s wild moves, with the market transfixed by an unprecedented short squeeze.
More companies are tapping asset-backed bond markets to fund an expensive buildout of fiber-optic networks, which offer faster internet connections than copper wires or wireless connections.
For the US IPO market looking to regain its footing, Monday could provide a much-needed boost. That’s when a quiet period ends for analysts at the banks that underwrote newly public companies and investors get a first look at their projections.
President Joe Biden said the US must guard against threats from artificial intelligence as he detailed new company safeguards and promised additional government actions on the emerging technology.
A social-media rapper, who dubbed herself the “Crocodile of Wall Street,” and her husband have reached a plea deal with prosecutors in a case that involved laundering billions of dollars of stolen Bitcoin, according to a court filing and a person familiar with the matter.
