US Treasuries are off to the strongest start to a year since 2001, when markets correctly anticipated that then-Federal Reserve Chairman Alan Greenspan would slash the central bank benchmark.
(Bloomberg) — The House abruptly adjourned Tuesday without electing a new speaker after Republican leader Kevin McCarthy failed to win a majority in three rounds of voting amid a rebellion by a small group of conservatives.
FTX founder Sam Bankman-Fried asked a judge to keep confidential the identities of two people who will help secure his bail to protect them from public scrutiny and potential harassment.
The parade of storms that triggered deadly floods in California last week provided a needed boost to the state’s snowpack, a major source of drinking water that has shriveled with climate change and drought.
(Bloomberg) — A former chief financial officer for blank-check firms pleaded guilty to wire fraud in a scheme to embezzle more than $5 million to trade crypto assets and meme stocks.
The top US bank regulators issued a fresh warning to lenders about the risks associated with delving into crypto.
(Bloomberg) — Brazilian President Luiz Inacio Lula da Silva has pledged to steer the state-controlled oil giant Petrobras in a more populist direction and investors aren’t happy.
The marquee game between the NFL’s Buffalo Bills and Cincinnati Bengals looks increasingly likely to be canceled in the wake of Bills safety Damar Hamlin going into cardiac arrest.
Ken Griffin’s Citadel hired Blackstone Inc. alum Rakesh Kumar as head of equity capital markets at its Surveyor Capital unit.
The unprecedented strain on the electrical grid during December’s frigid storm was threatening to trigger cascading blackouts across the Eastern US when Duke Energy Corp. called for rolling outages in North Carolina to stabilize the system, company officials said Tuesday.
