Argentina’s central bank raised its benchmark interest rate by 10 percentage points on Thursday as a renewed peso selloff in parallel markets adds to the sense of crisis in the South American nation.
Senate Republican leader Mitch McConnell’s chief negotiator in the 2011 debt-limit crisis warned that US political leaders are again likely to take the nation to the brink of a default and that there’s at least a slim chance the Treasury will miss payments.
Walt Disney Co. Chief Executive Officer Bob Iger had enough.
Coinbase Global Inc. is making a last-ditch effort to dissuade the SEC from suing the firm, including sending a not-so-subtle reminder that it won’t be easy to take down.
Bitcoin pushed its way back toward $30,000, extending a recent period of turbulence around the closely watched round-number level.
Oil eked out a gain after a muted session with traders on standby amid mixed economic signals.
Clubhouse, the pandemic-era social media sensation, is cutting more than half of its employees, the company said in a blog post on Thursday. Clubhouse attracted attention from an elite stable of venture capitalists, but saw usership drop precipitously not long after its buzzy launch.
(Bloomberg) — Italian Prime Minister Giorgia Meloni’s government will make a second attempt to win authorization for extra deficit spending on Friday after its initial try suffered an embarrassing defeat in Parliament.
Wall Street traders see good reasons to short First Republic Bank anew as the standoff grows between the US government and the banking industry.
There are not enough people to repossess all the motorcycles.
