Breaking News: Markets

Russia approves law allowing use of crypto for global payments as it faces ongoing sanctions

Russian lawmakers on Tuesday approved a new law permitting the use of cryptocurrency for international payments, as the country faces…

Short seller Andrew Left surrenders on securities fraud charges in LA, due in court

The activist short seller Andrew Left surrendered in Los Angeles on Monday to face federal criminal securities fraud charges, a…

Bill Ackman’s IPO of Pershing Square closed-end fund is delayed, NYSE says

Billionaire investor Bill Ackman is delaying the highly scrutinized listing of Pershing Square’s U.S. closed-end fund, according to a notice…

Fed’s key inflation gauge rose 2.5% in June from a year ago, easing path to rate cut

An important gauge for the Federal Reserve showed inflation eased slightly from a year ago in June, helping to open…