Editor's Note: With so much market volatility, stay on top of daily news! Get caught up in minutes with our speedy summary of today's must-read news and expert opinions. Sign up here! (Kitco News) … [+3696 chars]
FRANKFURTThe European Central Bank is likely to increase its key interest rate, currently negative, to zero by September and could continue raising rates after that, President Christine Lagarde said,… [+525 chars]
The U.S. economy is facing the worst inflation spike in a generation, but former Federal Reserve Chairman Ben Bernanke said Monday the price spike is not "anywhere near" what Americans experience… [+3154 chars]
GameStop has officially thrown itself headlong into the web3 vipers nest with a new app release, though its hard to say whether its proposed population of gamers and game developers will take up the … [+3255 chars]
A look at the day ahead in markets from Julien Ponthus. Capitulation in financial jargon refers to a moment when investors lose all hope in a market rebound and simply try to save whatever is left b… [+2183 chars]
This lawsuit is not only warranted, but necessary District of Columbia Attorney General Karl Racine has sued Meta CEO Mark Zuckerberg over the Facebook Cambridge Analytica scandal. The suit alleges … [+2210 chars]
Investors have yanked more than $10 billion out of tether in the past two weeks amid heightened regulatory scrutiny over stablecoins. Tether, the world's largest stablecoin, has seen its circulating… [+2688 chars]
HSBC has suspended its asset management arms global head of responsible investing following comments he made about climate change at a London conference last week remarks that have drawn criticism f… [+335 chars]
Broadcom is to acquire VMware for $60 billion in a deal that will be announced on Thursday. That's according to the Wall Street Journal. VMware is scheduled to report its Q1 2023 results on the same… [+3044 chars]
Zoom Video Communications Inc. shares rose in the extended session Monday, walking back a big initial jump when the videoconferencing company topped Wall Streets earnings expectations and said it exp… [+2965 chars]
DAVOS, Switzerland Stablecoins that are not backed by assets to support them are a pyramid scheme, the head of the International Monetary Fund said Monday, hinting at the collapse of terraUSD and lun… [+1162 chars]
DAVOS, Switzerland, May 23 (Reuters) - While the world economy faces headwinds, current growth forecasts offer a buffer against a potential global recession, the International Monetary Fund's No. 2 o… [+2352 chars]