markets

Binance to sell Russia business for undisclosed amount

Cryptocurrency exchange Binance said on Wednesday it will sell its Russia business to newly-launched exchange CommEX, becoming the latest company…

The U.S. is weaker now than when we downgraded in 2011, former S&P ratings chairman says

The U.S. is in a weaker position now than when S&P downgraded its sovereign credit rating in 2011, according to…

Biden calls on Congress to fund government as Moody’s and Wells Fargo warn of shutdown effects

WASHINGTON — President Joe Biden on Tuesday asked Congress in a social media post to fund the government as warnings…

Stocks making the biggest moves midday: SiriusXM, Cintas, United Natural Foods and more

Check out the companies making headlines in midday trading. Cintas — Shares fell 5.3% after the company reported its 2024…

Fed’s Neel Kashkari sees 40% chance of ‘meaningfully higher’ interest rates

Minneapolis Federal Reserve President Neel Kashkari thinks there’s nearly a 50-50 chance that interest rates will need to move significantly…

SoftBank-backed Improbable slashes losses by 85%, says pivot to the metaverse has paid off

Virtual reality startup Improbable said Wednesday that it reduced losses by 85% in 2022, a year that saw the company…