Cryptocurrency-friendly bank Silvergate Capital Corp. is studying whether it’s still viable and reviewing its financial controls, following the collapse of Sam Bankman-Fried’s FTX. The shares plunged as much as 25%.
US stocks dropped for a second straight session as investors revisited their wagers on peak rates after economic data highlighted persistent inflationary pressures and Federal Reserve officials continued to sound hawkish.
The billionaire family behind Brazilian health-care provider Hapvida Participacoes e Investimentos SA took a more than $730 million hit Wednesday as shares tumbled following a dire earnings report.
The Mexican peso is on a tear and, now, even Elon Musk is on its side.
Swaths of Argentina were plunged into darkness on Wednesday after a fire on a power line led major parts of the grid to switch off.
President Joe Biden’s 2023 trade agenda will focus on creating new frameworks outside traditional free-trade agreements and enforcement of existing pacts, his trade office said.
Most US spy agencies have concluded that a series of unexplained health incidents reported by government employees dating back to 2016 were “very unlikely” to have been attacks by a foreign adversary, saying they probably resulted from normal illnesses or environmental causes.
President Joe Biden will headline a conference next week for a union that was the first major labor organization to endorse a presidential candidate during the 2020 campaign.
Former Miami Dolphins Head Coach Brian Flores can proceed with a lawsuit accusing the National Football League and several of its teams of racial bias in hiring for coaching and front-office positions.
It’s a no-brainer arbitrage trade: Pocket the $5 gap in AMC Entertainment Holdings Inc.’s proposed conversion of preferred stock into common shares. However, Wall Street pros are discovering the bet is anything but easy to pull off.
