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Coinbase, one of the leading cryptocurrency exchanges globally, faces a lawsuit from US regulators, hot on the heels of similar legal action against Binance, another industry heavyweight.The Securities and Exchange Commission (SEC) accused Coinbase of operating illegally without prior registration, a mandatory requirement for securities trading firms in the US.Considering…
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Wall Street stocks rose on Tuesday, led by financials and consumer discretionary stocks as investors consider the path forward for US monetary policy. Wall Street’s benchmark S&P 500 finished 0.2 per cent higher, just short of the technical bull-market territory it briefly entered on Monday after it had risen more…
Mark Meadows, Donald Trump’s former chief of staff, has testified to a federal grand jury as part of special counsel Jack Smith’s ongoing investigation into the former president, according to one source familiar with the matter. The New York Times first reported on his testimony. This story is breaking and…
After outperforming the Nasdaq by the widest margin in two decades last year, the Dow Jones Industrial Average has sunk back into third place in 2023. And with little exposure to the stock-market craze of the moment — artificial intelligence — some wonder if this underperformance is destined to continue…
A previous version of this story included an incorrect company name. The company is Desktop Metal Inc. The battle for control of polymer 3-D printing company Stratasys Ltd. took yet another turn on Friday when 3D Systems Corp. entered the fray with an offer it says offers superior value to…
My husband is 81 years old and I am 68. He was a banking professional for many years and retired in 2007. He always handled our finances but became ill a few years ago. I took it upon myself to sort out our tax situation and was appalled to find…
The numbers: Total bank lending climbed slightly by $1.2 billion to $12.1trillion in the seven days ending May 24, the Federal Reserve reported Friday. This is the second straight weekly increase. Total bank deposits, meanwhile, rose by $86.5 billion last week to $17.2 trillion. Deposits had fallen earlier this month…