Bitcoin fell below $26,000 for the first time in two months as risk aversion weighs on the cryptocurrency market with global government bond yields climbing to the highest in about 15 years.
The 18,000-square-foot mansion with 11 bedrooms represents a former era when wealthy mainland Chinese buyers flocked to Hong Kong for trophy properties.
As the global debt selloff deepens, T. Rowe Price Group Inc. is finding shorter-maturity bonds a safer bet amid expectations of a further rise in US Treasury yields and corporate defaults.
Texas spot electricity prices soared by more than 60-fold, climbing toward the $5,000 price cap as the state grid faces some of the tightest conditions for power supplies so far this summer.
Senegalese opposition leader Ousmane Sonko, widely seen as the main challenger to the ruling coalition in presidential elections next year, has been hospitalized.
CVS Health Corp. shares tumbled after Blue Shield of California, one of the state’s largest health insurers, said it would drop the company’s Caremark unit as its main pharmacy benefit manager.
Rishi Sunak’s government said UK banks could face fines if they don’t preserve easy and free access to cash, a move designed to help people in rural areas, the elderly and the disabled.
Federal Reserve Chair Jerome Powell will speak next Friday at the Kansas City Fed’s Jackson Hole Economic Policy Symposium, the US central bank said.
Moderna Inc.’s updated Covid-19 shot provides some protection against two variants of the virus that are among those most widely circulating in the US, according to early results from a company study.
Companies that raise wages aggressively are outperforming their frugal peers on the Tokyo stock market as payslips become a yardstick for success in post-deflationary Japan.
