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HBO Max Plans Global Expansion: Live Updates

Lordstown Motors exaggerated interest in its electric vehicles, a short seller claims. Ant Group's C.E.O. resigns, months after China halted the fintech giant's I.P.O..

Dollar strengthens, wiping out weekly loss, as US Treasury yields rise again

LONDON (Reuters) - A fresh spike in U.S. Treasury yields sparked a risk-off move in global currency markets on Friday, with the dollar reversing its fall from earlier in the week and riskier currencies taking a hit. FILE PHOTO: A picture illustration shows U.S. ...

Binance Probed by CFTC Over Whether US Residents Traded

Binance Holdings Ltd., the largest cryptocurrency exchange, is being investigated by the Commodity Futures Trading Commission over concerns that it allowed Americans to place wagers that violated U.S. rules, according to people familiar with the matter.

How a Hasty Move to Change the World's Key Oil Price Unraveled

It's a conundrum that brought uproar in the oil market over the past few weeks after S&P Global Platts, the company that publishes the world's key crude price, announced on Feb. 22 that it was going to radically change the very nature of that benchmark, known ...

Dollar rises on Treasury yield spike with world awash in stimulus

NEW YORK (Reuters) - The dollar rose on Friday as a fresh spike in Treasury yields reignited inflation fears and sparked a sell-off in riskier assets, allowing the safe haven greenback to recoup its losses from the prior session. FILE PHOTO: A picture ...

Bitcoin Hoard Fuels One of World's Biggest Crypto Fortunes

Shares of MicroStrategy have rocketed almost 600% since mid-July, boosting the fortune of founder Michael Saylor, a billionaire until an accounting scandal in 2000. The chief executive officer is now worth $3 billion, ...

Crypto Investor in Singapore Is Buyer of $69 Million Beeple NFT

A digital asset investor who goes by the handle Metakovan and refuses to give his full name, announced that he is the buyer of the a record-breaking $69.3 million digital artwork. Christie's auction house, which hosted the sale, confirmed his statement, also ...

In Nevada, Unemployed Workers Wait for Aid That Will Still Not Be Enough

They are hardly alone: No state's work force has been battered as badly by the coronavirus pandemic as Nevada's, and people are especially struggling in Las Vegas, a boom-and-bust city where tourist dollars and lavish tips have given way to shuttered hotels ...

Asian stocks up on dovish ECB as Biden signs stimulus

SHANGHAI (Reuters) - Asian shares rose on Friday after U.S. President Joe Biden signed a $1.9 trillion stimulus bill into law, and after a dovish European Central Bank meeting prompted a retreat in bond yields and eased global concerns about rising ...

The Risk of Letting Big Finance Write Its Own Climate Rules

The six biggest Wall Street banks have now promised to get to net-zero emissions, after Citigroup Inc., Goldman Sachs Group Inc. and Wells Fargo & Co joined the club this month.