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Ultra-rich tax to save Social Security? Swing state voters in favor
NEWS INDUSTRY NEWS APR 24, 2024
Ultra-rich tax to save Social Security? Swing state voters in favor

Ideas such as a billionaire tax prove popular in Bloomberg poll.

SEC wants to impose record $5.3B fine on crypto firm, founder
NEWS INDUSTRY NEWS APR 24, 2024
SEC wants to impose record $5.3B fine on crypto firm, founder

Failed TerraUSD stablecoin penalty would be crypto's highest to date.

Why energy traders are returning to metals
NEWS INDUSTRY NEWS APR 24, 2024
Why energy traders are returning to metals

Copper and aluminum among commodities expected to gain.

Weak yen has been good for equity investors, but now it's a risk
NEWS INDUSTRY NEWS APR 24, 2024
Weak yen has been good for equity investors, but now it's a risk

Japan's currency continues to depreciate and it’s causing issues.

Tesla soars as Musk’s cheaper EVs calm fears over strategy
INVESTING EQUITIES APR 23, 2024
Tesla soars as Musk’s cheaper EVs calm fears over strategy

EV stock rebounds after suffering longest rout since late 2022.

Buy the dip in global stocks: Citigroup
NEWS INDUSTRY NEWS APR 23, 2024
Buy the dip in global stocks: Citigroup

Strategists say equities have increased their appeal.

Investors in 'disappointing' funds pioneered by Ray Dalio demand exit
NEWS INDUSTRY NEWS APR 23, 2024
Investors in 'disappointing' funds pioneered by Ray Dalio demand exit

Risk-parity funds promised a lot, but investors want their money back.

Gold in decline after biggest one-day drop in two years
NEWS INDUSTRY NEWS APR 23, 2024
Gold in decline after biggest one-day drop in two years

Geopolitics and higher-for-longer rates are weakening demand.

Binance's bitcoin trading market share tumbles as rivals gain
NEWS INDUSTRY NEWS APR 23, 2024
Binance's bitcoin trading market share tumbles as rivals gain

World's largest crypto platform's share of trades drops from 81% to 55%.

The pressure’s on for big tech firms, says BofA
INVESTING EQUITIES APR 22, 2024
The pressure’s on for big tech firms, says BofA

All eyes are on the Magnificent Seven, say strategists at the banking giant, as earnings put promises around AI in focus.