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Guardian Markets

  • by Lauren Almeida
    Rolling coverage of the latest economic and financial newsYi He, co-founder of Binance, has said that its top priority is to “ensure the environment is secure, after which users can withdraw their funds and Binance can resume operations.”She rejected comparisons with collapsed rival FTX, writing on X:Every action has a motive. Look at some fraudulent […]
  • by Naomi Klein and Ilana Glazer
    We cannot let the billionaire class take unprecedented risks with our futureAmerica is a divided country in crisis. Despite the sunny economic forecast coming from the Trump administration, millions of Americans are struggling to find and keep jobs, getting crushed under the rising cost of living, and losing health insurance when they need it the […]
  • by Lucy Campbell, Shannon Ho, Tom Ambrose (now) and Graeme Wearden
    This live blog is now closed.How big a deal is the $6.3bn Binance crypto heist, who did it, and are investments safe?Tell us: have you been affected by the Binance hack?Full story: North Korean group blamed for biggest ever crypto heistMost major cryptocurrencies have fallen in value since news of the Binance theft broke, Coinmarketcap […]
  • by Blake Montgomery and agencies
    Big tech stocks falter as investors question whether billions being poured into AI can generate returns quickly enoughA sell-off of tech stocks that began earlier this month and gained steam with disappointing earnings from leading tech companies drove US markets down by hundreds of billions of dollars Friday. In total, the decline has knocked nearly […]
  • by Julia Kollewe
    Christine Lagarde says she decided to step down early because she wants to have ‘freedom of speech’The Institute for Fiscal Studies said Wednesday’s budget was “broadly the budget that many people were expecting”.IFS director Helen Miller told journalists at a press briefing:A relatively small cost of living package and a handful of tax rises. Borrowing […]

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Business news, technology, media and finance reports – France 24

  • by Charles PELLEGRIN
    Customers of cryptocurrency trading platform Binance withdrew some $3.4 billion of their funds on Sunday after Binance reopened trading. The company had suspended all operations after a cyberattack that compromised over $6 billion in digital assets. Also in this edition: the Wall Street Journal reports on a new US plan to restore Russian gas sales […]
  • by Charlotte Lam
    US voters from Ohio to Illinois will decide on dozens of local measures on Tuesday, as opposition to the giant buildings powering artificial intelligence cuts across party lines. FRANCE 24's Charlotte Lam tell us more in Tech 24.
  • by FRANCE 24
    Binance, the world’s biggest cryptocurrency exchange, on Sunday said it would resume withdrawals after a suspension due to a major hack, which the FBI has tied ​to North Korea. The exchange said it covered 95% of the $6.3 billion in tokens stolen from its platform in the world's largest digital heist.
  • by FRANCE 24
    France's economy unexpectedly shrank in the third quarter while inflation rose more than anticipated, piling pressure on the government ahead of further nationwide protests this weekend that are ​making it ‌more difficult to cut spending. Finance Minister Roland Lescure warned that the economy could be "headed for a wall" if parliament fails to approve a deficit-reducing […]
  • by Kate MOODY
    European Central Bank President Christine Lagarde will step down from her post several months early, in order to have more "freedom to engage on matters that are not monetary policy". The comments will fuel speculation about her future plans, ahead of a presidential election in her native France. The resignation also sparks a succession race, […]
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 Asia Financial News Group 

  • by Jim Pollard
    The People's Bank of China and financial regulators announced moves on Monday to bolster local equity markets, which have been hit by severe declines in recent months. The post China Unveils Measures to Boost Markets after Big Falls in October appeared first on Asia Financial.
  • by Jim Pollard
    World's biggest crypto exchange was hit by hackers, thought to be a notorious North Korean group, in the largest ever theft; Binance said $3bn of the affected assets had been frozen The post Hackers in $6bn Hit on Binance Exchange; North Korea Suspected appeared first on Asia Financial.
  • by Jim Pollard
    Amnesty International calls for a probe into security companies at over 20 scam compounds in the country, saying military and police officers are guards and facilitators of abuse at many sites The post Cambodian Regime Seen Deeply Involved in Scam Centres: Amnesty appeared first on Asia Financial.
  • by Jim Pollard
    Billionaire Mukesh Ambani's Jio Platforms raised over $3bn in a record IPO, while a big profit rise by SK Hynix helped lift tech stocks on Asian markets on Wednesday. The post Jio Surges 21% in Indian IPO, Raises $3 Billion in Record Debut appeared first on Asia Financial.
  • by Jim Pollard
    A large part of the IPO warns on potential risks. AI systems "could pose catastrophic or existential risks to society if not developed and deployed responsibly," it says. The post Anthropic Admits AI Risks in IPO Filing; Australia’s Cyber Warning appeared first on Asia Financial.
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The Hill/Business

  • by Max Rego
    A group of Democratic lawmakers on Monday urged Frank Bisignano, the CEO of the IRS, to answer for why the agency has delayed publication of data that shows how much money owed by taxpayers wasn't paid on time.   The lawmakers wrote in a letter to Bisignano that the IRS not yet releasing its tax gap…
  • by Max Rego
    U.S. manufacturing activity expanded slightly in October, marking 10 straight months of growth leading into the midterms. The manufacturing purchasing managers’ index (PMI) was 55.5 percent last month, up from 54.5 percent in September, the Institute for Supply Management (ISM) reported Monday. Four of the five subindexes that make up the PMI increased from September,…
  • by Ryan J. Karlin
    Actor Bill Murray walked on to a CNBC set Monday and interrupted an interview with President Trump’s top economic adviser, Kevin Hassett.  The "Saturday Night Live" and "Ghostbusters" star interjected during the National Economic Council director’s appearance on the financial news show "Squawk Box." Murray questioned why Hassett was always smiling in the type of…
  • by Max Rego
    President Trump said Sunday his administration and Canadian officials are close to reaching a deal to end their months-long trade dispute. “We have the concept of a very good deal with Canada,” Trump told reporters in Iowa, adding the two sides are “very close” to reaching an agreement. The president noted he spoke to Canadian…
  • by Max Rego
    California voters this midterm cycle will decide whether the state will impose a wealth tax on billionaire residents, as wealthy Californians organize against the measure and experts say its potential broader impact on the state’s economy is nuanced. By voting “yes” on Proposition 40, Californians would support a one-time 5 percent tax on billionaires’ wealth….

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Nasdaq Latest Article Feed

  • by Barchart
    December arabica coffee (KCZ26 ) closed up +4.90 (+1.71) on Monday, and January ICE robusta coffee (RMF27 ) closed up +37 (+1.15%). Coffee prices rose sharply on Monday, with robusta climbing to a 1-week high. Tight coffee inventories are underpinning prices. ICE arabica inventories fell to a 1.5-month low of…
  • by Barchart
    December ICE NY cocoa (CCZ26 ) closed down -18 (-0.33%) on Monday, and ICE London cocoa #7 (CAZ26 ) closed down -3 (-0.07%). Cocoa prices were under pressure on Monday, with London cocoa falling to a 3-week low. Rising ICE cocoa inventories are weighing on prices. ICE cocoa inventories have…
  • by Barchart
    March NY world sugar #11 (SBH27 ) closed down -0.30 (-1.55%) on Monday, and December London ICE white sugar #5 (SWZ26 ) closed down -6.90 (-1.34%). Sugar prices retreated on Monday, with London sugar sliding to a 5-week low after WTI crude oil (CLZ26 ) plunged more than -7% to…
  • by Barchart
    The S&P 500 Index ($SPX ) (SPY ) closed down -0.51% on Monday, the Dow Jones Industrial Average ($DOWI ) (DIA ) closed up +0.41%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed down -1.39%. December E-mini S&P futures (ESZ26 ) fell -0.49%, and December E-mini Nasdaq futures…
  • by Barchart
    The S&P 500 Index ($SPX ) (SPY ) is up +0.62% today, the Dow Jones Industrial Average ($DOWI ) (DIA ) is up +1.01%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up +0.69%. December E-mini S&P futures (ESZ26 ) are up +0.58%, and December E-mini Nasdaq futures…

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