Tag Archives: wary

(Bloomberg) — Asian equities opened lower and major currencies made gains against the dollar in a cautious open to the week following further weakness on Wall Street and a defiant message to the world from China’s Communist Party congress. Most Read from Bloomberg Stocks dropped in Japan, Australia and South Korea while futures for Hong Kong fell. Contracts for the S&P 500 and Nasdaq 100 rose after tumbling Friday, when Treasury yields climbed as year-ahead inflation expectations increased…. Source link

Elon Musk.HANNIBAL HANSCHKE /Getty Images Elon Musk polled his Twitter followers on whether they distrusted billionaires or politicians more. He then asked Rep. Alexandria Ocasio-Cortez to do the same, writing, “I dare you” to do so. Musk and Ocasio-Cortez have clashed on other topics such as unionization and free speech. On Thursday, Tesla CEO Elon Musk dared Rep. Alexandria Ocasio-Cortez to poll her Twitter followers on whether they distrusted billionaires or politicians more. “Who do you trust… Source link

There’s a storm brewing between the booming cryptocurrency sector and regulators charged with overseeing a white-hot industry, where potential risks to investors are proliferating almost as fast as new products.  Tuesday’s Senate testimony by newly-appointed Securities and Exchange Commission Chairman Gary Gensler did little to shed light on a number of crypto-related controversies — including an evolving battle with Coinbase (COIN), the premier crypto trading platform trying to offer a… Source link