Solana logo displayed on a phone screen and representation of cryptocurrencies are seen in this illustration photo taken in Krakow, Poland on August 21, 2021.Jakub Porzycki | NurPhoto | Getty ImagesSolana was touted as the cryptocurrency that would challenge ether with an eco-friendlier approach, faster transaction speeds and...
The Federal Reserve played a major role in moving markets in 2022, driving a campaign of monetary tightening as it tried to combat inflation that hit multi-decade highs.Many who had money in stocks and even bonds suffered, as liquidity was sucked out of the market with every rate...
Chefs and owners pose for picture on the stage during a ceremony revealing the 2022 selection of the Michelin Guide Dubai, the first-ever edition in the United Arab Emirates, on June 21, 2022.Giuseppe Cacace | Afp | Getty ImagesDUBAI, United Arab Emirates — While the economic outlook for much...
A staff member sorts medicines at a pharmacy in Huai 'an, China on Dec. 10, 2022.CFOTO | Future Publishing | Getty ImagesA new antiviral pill for Covid was found to be as effective as Paxlovid at curbing mild to moderate illness among people at high risk of severe...
Stocks may be careening toward their worst year since 2008, but some names are completing a remarkable run after doubling or more in 2022. Concerns that the Federal Reserve's aggressive action against inflation could tip the economy into a recession have increasingly weighed on markets this year. In...
Russian President Vladimir Putin chairs a meeting with members of the Security Council at the Novo-Ogaryovo state residence outside Moscow, Russia November 25, 2022. Alexander Shcherbak | Sputnik | ReutersVanEck is liquidating its Russia-centric exchange-traded funds after the ongoing war in Europe has effectively severed the Russian market from...
A worker walks past gas pipes that connect a Floating Storage and Regasification Unit ship with the main land in Wilhelmshaven, northern Germany on December 17, 2022. EU energy ministers are wrangling over a proposed price cap on gas.Michael Sohn | Afp | Getty ImagesLONDON — European natural...
A traveler wearing protective gear at Shanghai Hongqiao Railway Station in Shanghai, China, on Monday, Dec. 12, 2022. Photographer: Qilai Shen/Bloomberg via Getty ImagesBloomberg | Bloomberg | Getty ImagesMainland China's reopening came sooner than expected for investors, and Goldman Sachs warns it will lead to short-term strains in...
FTX founder Sam Bankman-Fried leaves following his arraignment in New York City on December 22, 2022.Ed Jones | AFP | Getty ImagesOf the billions of dollars in customer deposits that disappeared from FTX in a flash, $200 million was used to fund investments in two companies, according to...
Billionaire Mark Cuban is doubling down on bitcoin and says he even prefers investing in the digital asset over gold.The longtime cryptocurrency advocate said he hopes the price of bitcoin goes down further so he can buy more during a Dec. 26 episode of Bill Maher's "Club Random"...