(Bloomberg) — Bitcoin spiked to $18,000 for the first time since the exchange FTX slid into a chaotic bankruptcy last month, with the world’s largest digital currency also getting a boost from bets on a Federal Reserve downshift.
(Bloomberg) — Money managers that are skeptical that the Federal Reserve can engineer a soft landing for the US economy may consider seeking refuge in Canadian corporate bonds, whose prices better reflect the potential for more trouble ahead.
Daniel Rice — a serial dealmaker and natural gas mogul — is set to take the reins of a clean-power technology company through a deal with a blank-check firm.
Purchase College, part of the State University of New York system, mandated masking indoors as respiratory viruses have been spreading rapidly in the state and around the country.
Russia’s initial response to the crude-price cap holds back from any drastic retaliatory measures that could further disrupt global oil supplies.
Deputy Treasury Secretary Wally Adeyemo is emerging as the front-runner to succeed Brian Deese as top White House economic adviser, according to people familiar with the matter, as the Biden administration prepares to shuffle its team early next year.
(Bloomberg) — Energy Secretary Jennifer Granholm extended an olive branch to the oil and gas industry, telling executives at a meeting in Washington that she recognizes fossil fuels will be around for a long time, even as the Biden administration works to transition away from them to cleaner alternatives.
A group of people linked to an English gold dealer will face a retrial in the UK’s largest money laundering prosecution after a jury failed to reach verdicts for them after a nearly eight month trial.
Tesla co-founder J.B. Straubel is bringing the EV battery supply chain to South Carolina with what may be the biggest single investment in state history.
Amazon.com Inc.’s devices chief said the company remains committed to building out the Alexa ecosystem despite job cuts in the once fast-growing division.
