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Carbon offsets gird for lift-off as big money gets close to nature

LONDON (Reuters) - An expected dash by big corporations for offsets to meet their climate targets has prompted financial exchanges to launch carbon futures contracts to capitalise on what could be a multi-billion dollar market. FILE PHOTO: Chris Pryor, ...

Coinbase Reveals Profit in Direct Listing Filing on Bitcoin Boom

Cryptocurrency exchange filed for Nasdaq listing Thursday · Majority of revenue comes from Bitcoin, Ethereum transactions ...

Oil eases from 13-month high on worries output could rise

NEW YORK (Reuters) - Oil prices slipped from 13-month highs on Thursday as worries that four months of rising futures will prompt U.S. producers to drill more and OPEC+ to remove some production cuts. FILE PHOTO: The Bryan Mound Strategic Petroleum ...

After Lull, GameStop Shares Surge for a Second Day: Live Updates

The New York Times

The New York Times

Unemployment claims report will offer a reading on the recovery. The cryptocurrency giant Coinbase files to go public. Bernie Sanders will hold a hearing on minimum wage, ...

Soaring US 5-Year, Real Yields Sound Alarm for Risk Assets

Central banks have attempted to soothe markets, with European Central Bank chief economist Philip Lane saying the institution can buy bonds flexibly and Fed Chair Jerome Powell calling the recent run-up in yields "a statement of confidence" in the economic ...

StanChart restores dividend, reaffirms targets as COVID-19 halves profit

HONG KONG/LONDON (Reuters) - Standard Chartered PLC on Thursday restored its dividend and reaffirmed its long-term profit goals, in a show of confidence about its ability to recover from the impact of the COVID-19 pandemic even as its annual profit ...

American Homeowners Are Adding Fuel to Bond Market Sell-Off

Their problem is that when Treasury yields -- which strongly influence home-loan rates -- suddenly rise sharply, many Americans lose interest in refinancing their old mortgages. A reduced stream of refinancings means mortgage-bond investors are left waiting ...

Oil hovers near 13-month highs as storm hits US output, Fed assures rates staying low

LONDON (Reuters) - Oil prices extended gains for a fourth session on Thursday to reach the highest levels in more than 13 months, underpinned by an assurance that U.S. interest rates will stay low, and a sharp drop in U.S. crude output last week due to the ...

In a Flash, US Yields Hit 1.6%, Wreaking Havoc Across Markets

After weeks of grumbling, the world's biggest bond market spoke loud and clear Thursday -- growth and inflation are moving higher. The message wreaked havoc across risk assets. Benchmark 10-year Treasury yields catapulted to the highest in more than a ...

Coinbase listing filing shows surge in revenue amid bitcoin boom

(Reuters) - Coinbase, the biggest U.S. cryptocurrency exchange, moved a step closer to listing on the Nasdaq with a filing on Thursday to go public, revealing that it had swung into profit last year as bitcoin surged. FILE PHOTO: A collection of Bitcoin (virtual ...