(FT) The $68 trillion global sovereign and corporate bond market returned negative 4.8% in 2021, marking its worst performance since 1999. The negative returns, measured by the Barclays global aggregate…
(Bloomberg) Japan has offered to release about 630,000 barrels of strategic oil reserves between March and June, with more sales to follow in a bid to curb rising prices. Japan’s…
(Markets Insider) Fundstrat’s Tom Lee is optimistic that as millennials enter the peak earning years and start families in this decade, they would propel the S&P 500 to a 313%…
(VC) Facebook’s parent Meta has been fined 1.990 billion rubles, more than 27 million USD, by the decision of Moscow's Tagansky district court for violating the administrative law.The news came…
Bitcoin traded above $51,000 on Friday, up about 4% in two days and the highest in more than two weeks, reflecting improved sentiment in the global financial markets. Ether, the…
(CryptoPotato) Crypto.com entered the bullish crypto market on Friday, recording over 16% gains in 24 hours, a day after purchasing an advertisement space for the Super Bowl 2022 event. Crypto.com…
(Coindesk) Dfinity’s Internet Computer has opened an Ethereum bridge to facilitate cross-chain contract communication, asset transfers, and mirroring on the two chains. The bridge, dubbed Terabethia, means that ERC20 tokens…
(Bloomberg) Bloomberg’s gauge of shares of casino operators showed a jump of up to 4.8% on Friday, as authorities in Macau were reportedly looking to renew licenses. Various stocks in…
(Bloomberg) Republican Senator Cynthia Lummis seeks to introduce a comprehensive bill to the US House next year on cryptocurrencies. The proposed law aims to cover cryptocurrencies issues, including clarification on…
(Crocs) Shares of Crocs Inc. fell more than 15% on Thursday after the company announced it would acquire privately-owned casual footwear brand, HEYDUDE for $2.5 billion. The transaction will be…
(Census Bureau) The US posted a 12.4% jump in sales of new single-family houses in November, which climbed to an annual rate of 744,000. The sales were lower than the…
(Department of Labor) US jobless claims were 205,000 for the week that ended December 18, the same as the previous week and the expected level. The jobless claims on a…