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Steven Goldstein is based in London and responsible for MarketWatch’s coverage of financial markets in Europe, with a particular focus on global macro and commodities. Previously, he was Washington bureau chief, directing MarketWatch’s economic, political and regulatory coverage. Follow Steve on Twitter: @MKTWgoldstein. Source: Marketwatch
Shares of Compass Inc. dropped 6.1% in afternoon trading Tuesday, after the online real estate platform said it was cutting about 450 jobs, or 10% of its workforce, as part of a restructuring aimed at cutting costs and align its organization structure with its business strategy. The company also said it planned to wind-down its […]
The commission could be performing routine check-ups on the exchange in question or it could be looking for specific compliance violations to litigate against. 2524 Total views 78 Total shares The United States Securities and Exchange Commission (SEC) has reportedly launched a probe to discover how crypto exchanges are working to prevent insider trading. FOX […]
Gold futures fell for a second straight session on Tuesday, settling at their lowest over four weeks. The U.S. dollar continues to “catch a big tailwind from rising U.S. interest rates, with the 10-year Treasury yield soaring toward 3.45%” ahead of Wednesday’s Federal Reserve decision on rates, said Colin Cieszynski, chief market strategist at SIA […]
“We are in the process of communicating with relevant parties and fully committed to working this out” Su Zhu stated. 696 Total views 2 Total shares Su Zhu, the co-founder of Singapore-based crypto venture capital firm Three Arrows Capital (3AC) has put out a cryptic statement on Twitter in response to swirling rumors that the […]
Oil futures gave up early gains to finish with a loss on Tuesday, pressured after Bloomberg reported that a U.S. senator may propose a plan to impose a federal surtax on certain oil companies in a move to curb inflation. Natural-gas prices, meanwhile, settled at their lowest in five weeks as full repairs to a […]