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| Bitfinex Settles NY Probe Into Tether, Hiding of Losses The crypto exchange Bitfinex reached a settlement with New York Attorney General Letitia James over allegations that it hid the loss of commingled client and corporate funds and lied about reserves. Without admitting or denying any wrongdoing, the officials ... | |
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| What the Bond Market Is Telling Us About the Biden Economy Interest rates remain very low by historical standards, even for the longest-term securities. Bond prices imply that inflation will be consistent with the Federal Reserve's target of 2 percent annual rises in consumer prices, not a more worrisome spiral. | |
| HSBC curbs profit and payout ambitions, targets Asia wealth HONG KONG/LONDON (Reuters) - HSBC Holdings PLC on Tuesday abandoned its long-term profitability target, and unveiled a revised strategy focused mainly on wealth management in Asia after the COVID-19 shock saw its annual profits drop sharply. | |
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| Dollar hits six-week low as focus turns to Powell SINGAPORE (Reuters) - The dollar nursed losses near a six-week low on Tuesday and commodity-linked currencies loitered around multi-year highs, as investors' focus shifted to how U.S. Federal Reserve chief Jerome Powell might respond to resurgent ... | |
| Oil prices jump more than $1 as US output slow to restart SINGAPORE (Reuters) - Oil prices jumped by more than $1 on Tuesday, underpinned by optimism over COVID-19 vaccine rollouts and lower output as U.S. supplies were slow to return after a deep freeze in Texas shut in crude production last week. | |
| Oil settles mixed amid post-storm uncertainty NEW YORK (Reuters) - Oil prices settled near year-long highs on Tuesday on signs that global coronavirus restrictions were being eased, although concerns about the pace of a U.S. economic recovery and the return of Texas oil production kept gains in ... | |
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