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  • Jan 02, 2025

Treasuries Start 2025 in Familiar Bind as Oil Rally Lifts Yields

(Bloomberg) -- Treasuries began 2025 with a measured rally that was soon overtaken by signs of economic resilience including low jobless claims, heavy corporate bond sales and rising oil prices. Most Read from BloombergIs This Weird Dome the Future of Watching Sports?NYPD Seeking Gunmen After 10 People Wounded Outside Queens VenueDetroit’s Michigan Central Is the Building Revival Story of 2024Burned-Out Parents Need Better Public SpacesA Commuting Resolution for 2025: Ride Your Local Subway or B

  • Jan 02, 2025

ETF Companies Are Racing to Launch the Next ‘Hot’ Crypto Fund

(Bloomberg) -- Purveyors of exchange-traded funds are finding ever more creative — and potentially riskier — ways to lure investors into the crypto craze.Most Read from BloombergIs This Weird Dome the Future of Watching Sports?NYPD Seeking Gunmen After 10 People Wounded Outside Queens VenueDetroit’s Michigan Central Is the Building Revival Story of 2024Burned-Out Parents Need Better Public SpacesA Commuting Resolution for 2025: Ride Your Local Subway or BusPaperwork covering a plethora of newfan

  • Jan 02, 2025

Big Tech Stocks’ Reign May Falter in 2025, Morgan Stanley’s Shalett Says

(Bloomberg) -- The high-flying technology behemoths responsible for more than half of the S&P 500 Index’s 23% leap last year will likely struggle to dominate the market in 2025 as earnings growth decelerates.Most Read from BloombergIs This Weird Dome the Future of Watching Sports?NYPD Seeking Gunmen After 10 People Wounded Outside Queens VenueDetroit’s Michigan Central Is the Building Revival Story of 2024Burned Out Parents Need Better Public SpacesA Commuting Resolution for 2025: Ride Your Loca

  • Jan 02, 2025

Do Kwon pleads not guilty to US fraud charges in $40 billion crypto collapse

NEW YORK (Reuters) -Do Kwon, the South Korean cryptocurrency entrepreneur behind two digital currencies that lost an estimated $40 billion in 2022, pleaded not guilty on Thursday to U.S. criminal fraud charges after being extradited from Montenegro this week. Federal prosecutors in Manhattan on Thursday unsealed a nine-count indictment charging Kwon, who co-founded Singapore-based Terraform Labs and developed the TerraUSD and Luna currencies, with securities fraud, wire fraud, commodities fraud and money laundering conspiracy. Kwon, 33, wore an olive green long-sleeved shirt and black sweatpants as his lawyer Andrew Chesley entered the plea at a hearing before U.S. Magistrate Judge Robert Lehrburger in Manhattan federal court.

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