A new bipartisan Senate bill would hold venture-capital firms and other large investors accountable in some cases for sanctions violations occurring on decentralized finance, or DeFi, platforms.
China’s government will retaliate if the Biden administration imposes new limits on technology and capital that can flow to the nation, Beijing’s envoy in Washington said.
Nasdaq Inc. became the latest mainstream financial firm to take a step back from digital assets, aborting its launch of a custodian business in the US due to the shifting business and regulatory environment.
Oil fell amid pressure from a stronger dollar, with traders largely ignoring a US stockpile report that signaled tighter markets.
The Federal Trade Commission said that there are no ongoing talks with Amgen Inc. to resolve a legal challenge to it $27.8 billion takeover of Horizon Therapeutics Plc after the agency rejected a settlement overture made earlier this year.
New York’s Metropolitan Transportation Authority voted to lift prices on its subways, buses and commuter rails for the first time since 2019 as the nation’s biggest public transit system moves to close budget deficits.
Two exchange-traded funds designed to profit from overnight gains on US stocks are set to shutter after lagging their daytime counterparts.
Temperatures in Italian islands of Sicily and Sardinia are creeping toward the European record of 48.8C as unprecedented heat from Tokyo to Phoenix US cooks the planet
Merger regulators in the US and Europe have taken more aggressive stances on deals and companies have been pushing back, leading to court battles and uncertainty.
Wells Fargo & Co. grabbed the most trading and dealmaking market share in years, a key milestone for Chief Executive Officer Charlie Scharf’s quest to build the fourth-largest US bank into a more formidable Wall Street player.
