Senate Minority Leader Mitch McConnell has been discharged from a Washington-area hospital after undergoing treatment for a concussion suffered last week, but he will continue inpatient care at a rehabilitation facility before returning home, his spokesman said.
US prosecutors are scrutinizing chat-group conversations among prominent trading firms including Jump Trading Group and Jane Street Group about a potential bailout of the TerraUSD stablecoin project.
Construction on The Kelsey Civic Center, a 112-unit affordable housing project across from San Francisco City Hall, was supposed to begin this week.
A man inspired by ISIS who drove a truck down a crowded New York City bike path — killing eight people — avoided the death penalty after a jury failed to agree on whether he should be executed for the 2017 terror attack.
Gold jumped the most in a day’s trading since November as Silicon Valley Bank’s collapse led investors to seek haven in bullion and concerns surrounding the financial industry mount.
Bitcoin surged 13%, the biggest one-day increase since the wild price swings seen during November’s market turmoil, and shares of crypto companies rallied following moves by US authorities to stem the spread of concern about the health of the nation’s financial system.
Customers Bancorp Inc., a regional lender that rode the crypto wave last year, fell 24% on Monday amid a wider selloff of financial stocks stemming from the collapse of Silicon Valley Bank.
The yield on the two-year Treasury note plunged in its biggest one-day slump in decades, while tech stocks rebounded from last week’s rout as the collapse of Silicon Valley Bank reverberated across trading desks.
China’s local governments are growing increasingly reliant on money transferred from Beijing to pay for public services, as a drop in tax revenue and jump in Covid Zero costs pushed them further into the red last year.
A federal judge in Texas has publicly scheduled a hearing in a lawsuit that seeks to block the sale of a key abortion drug nationwide, after having tried to delay its announcement to avoid possible disruptions and protests.
