FTX’s Bankman-Fried appeals judge’s decision to jail him pending trial
(Reuters) – Sam Bankman-Fried has appealed a decision to jail him ahead of his Oct. 3 trial over the collapse…
World shares rally as China offers markets a hand
(Reuters) -U.S. stocks were set to open higher on Monday after China announced measures to support its ailing markets, but…
U.S. trucking firms see freight downturn reversing after dour quarter
(Reuters) – The U.S. trucking industry may begin to see an uptick in freight demand in the back half of…
Asia shares rally as China offers markets a hand
(Reuters) – Asian shares rallied on Monday as China announced new measures to support its ailing markets, though the mood…
Biden administration unveils new crypto tax reporting rules
(Reuters) – Cryptocurrency brokers, including exchanges and payment processors, would have to report new information on users’ sales and exchanges…
Fed’s Powell: Not yet clear rates are high enough to control inflation
(Reuters) – The U.S. Federal Reserve may need to raise interest rates further to ensure inflation is contained Fed Chair…
Futures inch higher as traders brace for Powell speech
(Reuters) – U.S. stock index futures edged higher on Friday ahead of a keenly awaited speech by Federal Reserve Chair…
Analysis-Case builds for China’s banks to cut deposit rates
(Reuters) – China’s banks will cut deposit rates soon as part of efforts to make mortgages more affordable and revive…
Analysis-Asia’s worries over currency volatility get in the way of rate cuts
(Reuters) – A spurt in the U.S. dollar and China’s defence of the yuan are forcing Asian central banks to…
Factbox-Governments race to regulate AI tools
(Reuters) – Rapid advances in artificial intelligence (AI) such as Microsoft-backed OpenAI’s ChatGPT are complicating governments’ efforts to agree laws…