The mention of crypto at a holiday party likely stoked talk of crisis, fraud and the end of an era. But with everyone back at work, the biggest digital currency of them all — Bitcoin — is ripping through a nine-day rally.
The US will avoid a recession this year as the Federal Reserve controls inflation, giving the stock market a boost, according to John Rogers, chairman and co-chief executive officer of Ariel Investments.
Proposal follows decades of concerns, lawsuits over federal management of 1.5-million-acre mineral estate the US holds in trust for Osage
(Bloomberg) — Leaders of the right-wing Proud Boys dubbed “Lords of War” agreed to “use any means necessary” in their violent 2021 attack on the US Capitol, which they hoped would prevent Joe Biden from becoming president, a prosecutor told jurors Thursday.
Rent the Runway Inc. will launch an online storefront with Amazon.com Inc., expanding the clothing rental company’s reach beyond the subscription business model.
Treasury yields slumped as inflation showed signs of easing, which could make the case for the Federal Reserve to slow its pace of rate hikes to prevent a harsher economic downturn. Stocks saw mild gains.
US health officials have released supplies of the flu drug Tamiflu from a national stockpile as shortages of cold and respiratory medications persist nationwide.
Yen bonds of a distressed Japanese hotelier are pricing in increased default risk after concerns about its finances mounted since the issuer was cut further into junk territory in late December.
Bed Bath & Beyond Inc. is speaking with potential lenders that would finance the company during bankruptcy proceedings, according to people with knowledge of the matter.
LendingClub Corp. plans to cut 14% of its employees and take pretax charges of about $5.7 million as demand for the company’s loans declines.
