Author: super@dmin
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Market Extra: Bond market sees gridlock in Washington even before midterm election results roll in, traders say
The likelihood that Republicans will take control of at least one chamber of Congress is seen as one reason why investors are flocking back into Treasurys.
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: Apple, Pepsi and more big stock names are newest members of group buying ‘greener’ concrete and steel
Pepsi, Apple and Rio Tinto are among the newest members of an alliance committing $12 billion to buying near-zero-carbon concrete, steel, aluminum and more.
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Crypto Update: Crypto exchange Binance to provide proof of reserves soon, says CEO
The world’s largest crypto exchange Binance will start providing proof of reserves soon, according to chief executive and co-founder Changpeng Zhao.
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Financial Crime: Florida charity king charged with raising millions for firefighters, veterans and cancer survivors but keeping the cash for himself
Prosecutors say Douglas Sailors used an elaborate system of shell companies and phony administrators to hide that millions of dollars was going to him.
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Washington Watch: What bipartisanship could look like if Republicans take back the House in the midterm elections
If Republicans win the House on Tuesday, areas that could see bipartisan support include defense and cryptocurrency regulation.
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Metals Stocks: Gold tops $1,700 an ounce; silver settles at highest since June
Gold futures top $1,700 an ounce for the first time in about a month, while silver prices posted their highest settlement since June.
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The Ratings Game: Take-Two stock sinks as analysts walk off mobile weakness, focus on pipeline
Take-Two Interactive Software Inc. shares fell double-digits Tuesday after Wall Street absorbed a hefty outlook cut owing to the videogame publisher’s overestimate of the mobile market in the latter half of the year
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: Midterm elections: Voters head to polls with control of House and Senate up for grabs
Americans who hadn’t voted early in the midterm elections are heading to the polls on Tuesday
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Crypto: Binance plans to buy rival exchange FTX in deal that shakes up crypto industry
FTX, which bailed out several distressed crypto companies earlier this year, appears to have suffered from a “bank run”, analysts say.
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Coronavirus Update: China sees violent protests against COVID restrictions, and U.S. cases have been rising
Protests in northeastern China against the government’s zero-COVID policy became violent, as seven people have been arrested after a clash between residents and police enforcing quarantine restrictions, as the Associated Press reported.