Uncategorized

An executive at Tencent Holdings Ltd., China’s most valuable publicly listed company, has been held by Chinese authorities, part of a probe into a high-profile corruption case involving one of the country’s former top law-enforcement officials, people familiar with the matter said.

Mastercard Inc. said Wednesday that it would begin allowing merchants to accept some cryptocurrencies on its network later this year, marking the latest embrace of digital coins by a traditional payments player.

Bitcoin prices have been scaling new heights recently, and the basic dynamic of tighter supply and increased demand has underpinned that climb, according to a report compiled by London-based crypto custodian Copper.co.

U.S. wholesale inventories rose by 0.3% in December as companies worked to increase their stockpile of goods in anticipation of higher sales and a faster economic recovery.

A member of the World Health Organization team that traveled to the Chinese city of Wuhan to investigate the origins of the coronavirus pandemic hit back at criticism of the mission from the U.S. State Department, suggesting the former administration was “disengaged” and out of touch.

Stocks rise Wednesday, with major benchmarks resuming a march higher after the Dow Jones Industrial Average and the S&P 500 snapped six-day winning streaks.

Here are three questions to help you plan a post-pandemic comeback that could make your career and life more satisfying and fulfilling.

Futures for gold rise Wednesday and platinum futures head for the highest level in about six years as investors digest economic reports and assess the prospects for precious and industrial metals amid a recovery from the COVID-19 pandemic.

U.S. Treasury yields edged higher early Wednesday before the release of the U.S. consumer inflation data for January.

Hanesbrands’ fourth-quarter adjusted earnings and sales beat expectations.

Oil futures rise Wednesday, looking to extend a winning streak on upbeat expectations about another large round of U.S. government spending and after industry data showed a large drop in crude inventories.

Travelers from some countries will also be placed in quarantine hotels and charged $2,423.

Distribute an affordable ‘people’s vaccine’ that puts the public good over corporate profits.

The manager of the ARK Innovation ETF points the bubble accusation at another asset class.

A weaker day for markets on Tuesday is giving way to gains on Wednesday, with European investors fielding earnings and U.S. inflation data on deck.

Most bitcoin investors don’t have a tax-free savings account or pension, and are far more unwilling to lose money on their investment than the volatility in crypto assets would suggest they should, according to new research.

Tesla’s disclosure that it has purchased $1.5 billion of bitcoin has had the effect of sending the estimated electricity consumption of the cryptocurrency to new levels.