• Sep 12, 2024

Putin’s Ministers See a Rosy Economic Future Amid War, Sanctions

(Bloomberg) -- The government’s latest predictions for Russia’s economy through the rest of President Vladimir Putin’s current term suggest it will be in good shape by the next election. The optimism may be too good to be plausible amid intensifying sanctions and Russia’s continuing war on Ukraine. Most Read from BloombergHow Americans Voted Their Way Into a Housing CrisisFor Tenants, AI-Powered Screening Can Be a New Barrier to HousingHousing’s Worst Crisis in Decades Reverberates Through 2024

  • Sep 12, 2024

eToro to shut down nearly all crypto trading in settlement with US SEC

(Reuters) -Retail trading platform eToro will stop offering nearly all cryptocurrencies to its customers as part of a settlement with the U.S. Securities and Exchange Commission, the regulator said on Thursday. eToro also agreed to pay a penalty of $1.5 million to settle charges that it operated as an unregistered broker and unregistered clearing agency in connection with its cryptocurrency offerings. The SEC alleged that eToro provided its U.S. customers the ability to trade crypto assets that the regulator deemed to be securities since at least 2020, but did not comply with the registration requirements of federal securities laws.

  • Sep 12, 2024

Where Money Managers See Dollar Going as Fed Cuts, US Votes

(Bloomberg) -- All signs point to a tough few months ahead for investors charting the dollar’s path, after the US presidential debate and a key inflation reading left markets anticipating heightened volatility through year-end.Most Read from BloombergHow Americans Voted Their Way Into a Housing CrisisFor Tenants, AI-Powered Screening Can Be a New Barrier to HousingHousing’s Worst Crisis in Decades Reverberates Through 2024 RaceAfter a Record Hot Summer, Pressure Grows for A/C MandatesChicago Hal