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SEC Chair Gary Gensler stepped up his attack on the crypto industry this week, suing Coinbase and Binance for securities violations and casting doubt on the future of token trading.Crypto investors took the hint. Four of the 10 most valuable coins plunged in value by at least 15% this week,…

Blue Apron (APRN), the home meal kit delivery service, paid off its debts and plans to streamline its business with job cuts, restructuring and a sale of assets to fellow meal company FreshRealm. The crowded meal-kit business has suffered post-pandemic, so Wall Street reacted enthusiastically to the retool. Shares were…

Chinese charities are now accepting digital yuan donations, with the nation’s CBDC also breaking new ground in the world of corporate loans.Per the media outlet WXRB, the coastal province of Jiangsu has welcomed its first “online corporate and personal digital yuan donations platform.”At a ceremony held earlier this week, the…

By Breakingviews It’s a truism that the United States has too many banks, and even after the collapse of four lenders this year, the country could stand to lose a few more. But while the latest count of nearly 4,100 institutions may be excessive, it’s not always true that bigger…

The 49-page indictment against Donald Trump unsealed on Friday is a charging document of uncommon specificity, legal experts said. Accusing him of mishandling government secrets and lying to authorities, US prosecutors showed boxes containing classified records piled high in a bathroom and alleged the former president shared details of a…

Special counsel Jack Smith returned an historic indictment against former President Donald Trump that was unsealed Friday, the first time that a former president has been charged with crimes in federal court. Trump faces a total of 37 counts, including 31 counts of willful retention of national defense information. His…

The broader U.S. stock market looked sleepy Tuesday, but small-cap investors were not in the mood for a nap. The small-cap Russell 2000 index RUT, -0.80% — made up of the smallest 2,000 companies in the broader Russell 3000 RUA, +0.02% by market capitalization — jumped 2.7% for its highest…

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