Bloomberg Business

Mark Nash thought the US dollar’s rally was done.

Back in June, Justin Sun had a pitch for yield-hungry crypto investors: a new project that promised 5% returns tied to low-risk securities like government bonds.

China’s local government financing vehicles are staging a comeback in credit markets, with a surge in yuan bond sales as Beijing intensifies efforts to defuse risks from the debt-laden group of borrowers.

Wells Fargo & Co. has hired Clayton Hale as co-head of equity capital markets from Citigroup Inc.

Cathie Wood’s Ark Investment Management has acquired a fellow exchange-traded fund issuer in its biggest push yet into Europe’s nascent market for trend-driven investing.

US Senator Elizabeth Warren has once again reiterated the need for more strict antitrust enforcement, backing efforts by Federal Trade Commission Chair Lina Khan and the Justice Department to overhaul the government’s guidelines for vetting mergers and acquisitions.

Iranian President Ebrahim Raisi called on the US make clear if it wants a nuclear agreement or not, criticizing Washington’s track record while leaving the door open to a future deal.

New York City was ordered to face a lawsuit by DoorDash Inc., Grubhub Inc. and Uber Technologies Inc.’s Uber Eats over a pandemic-era cap on how much the meal-delivery services can collect from local restaurants, moving the case closer to a possible trial.

The supply of rental homes is shrinking fast and there’s little sign of relief on the horizon.

Indonesia’s outgoing President Joko Widodo said Southeast Asia’s largest economy can attain its fastest expansion in three decades under the next leader who will build on the reforms he’s trying to cement.