Bloomberg Business

Charles Schwab Corp. sold fresh debt in the US investment-grade bond market Tuesday after revealing plans to cull jobs and close or downsize offices to curb costs.

A former employee at the NFT marketplace OpenSea was ordered to spend three months behind bars after being convicted in the first-ever insider-trading case involving digital assets.

BNB, the cryptocurrency at the heart of the Binance exchange ecosystem, is approaching its lowest price level in more than a year as controversy swirls around the world’s largest digital-asset trading platform.

Nvidia Corp. shares fell on Tuesday, erasing an initial gain that took the chipmaker to an intraday record a day before its highly anticipated earnings report.

Nike Inc. posted a record streak of losses as concern over China’s sluggish consumer recovery builds and elevated merchandise stockpiles continue to weigh on profitability across the activewear industry.

The former head of JPMorgan Chase & Co.’s precious-metals desk and his top trader were sentenced to prison for spoofing, fraud and attempted market manipulation.

China publicly backed expansion of the BRICS bloc and used the annual gathering of emerging market powers to sound an upbeat note on the country’s economy.

As traders push up long-term bond yields on speculation the economy will avert a recession, they’re also dialing back expectations for Federal Reserve rate cuts. There’s around 100 basis points of easing now priced into the swaps market through next year, down from more than 150 a few weeks ago.

Oil posted a modest decline amid signs that supplies are rebounding while concerns linger about demand in China, the world’s biggest crude importer.