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“Litigation and enforcement activity is likely to accelerate in the current regulatory climate, perhaps in unpredictable ways,” says lawyers from Choate Hall & Stewart LLP. 1101 Total views 4 Total shares Regulatory uncertainty surrounding crypto has created a “fertile environment” for crypto-related litigation and enforcement to grow, according to lawyers from Choate Hall & Stewart […]

Oil futures finished higher for a third consecutive session on Tuesday, with the U.S. crude benchmark settling at its highest price since mid-June. “The easing of China’s zero-COVID policy helped oil to the third day of gains following a decent correction in recent weeks,” said Craig Erlam, senior market analyst at OANDA. Also supporting oil […]

Marathon’s CEO Fred Thiel said that it will take time to get the facility back to full strength, but that the company could decide to speed up its move out of H… Source: Cointelegraph

U.S. stocks closed sharply lower Tuesday, falling for a second straight day, as a fresh reading on consumer confidence slumped more than expected. The Dow Jones Industrial Average DJIA, -1.56% dropped around 490 points to close about 1.6% lower, while the S&P 500 SPX, -2.01% slid about 2% and the Nasdaq tumbled COMP, -2.98% around […]

Walt Disney Co.’s DIS, -0.71% board on Tuesday unanimously voted to extend Chief Executive Bob Chapek’s contract for three years. “Disney was dealt a tough hand by the pandemic, yet with Bob at the helm, our businesses — from parks to streaming — not only weathered the storm, but emerged in a position of strength,” […]

The American Petroleum Institute reported late Tuesday that U.S. crude supplies declined by 3.8 million barrels for the week ended June 24, according to sources. The API also reportedly showed a weekly inventory increases of nearly 2.9 million barrels for gasoline and 2.6 million barrels for distillate. Oil stocks at the Cushing, Okla., delivery hub […]