Coinbase stock fell late Thursday after its earnings report showed a major decline in crypto trading volume. Shares Coinbase (COIN) rallied during trade after the cryptocurrency exchange started offering crypto futures late Wednesday to eligible U.S. retail customers. Bitcoin and cryptocurrency prices faded from overnight highs Thursday morning. Elsewhere, former FTXContinue Reading

FILE – President Joe Biden speaks about the September jobs report in the Roosevelt Room of the White House, Friday, Oct. 6, 2023, in Washington. Biden on Saturday decried the “appalling assault” against Israel by Hamas militants and said the United States was prepared to offer support after the surpriseContinue Reading

Employees work at the production line of aluminium rolls at a factory in Zouping, Shandong province, China November 23, 2019. Picture taken November 23, 2019. REUTERS/Stringer/File Photo Acquire Licensing Rights China’s Oct private PMI marks first contraction since July Japan, South Korea continue to see factory activity slump Surveys underscoreContinue Reading

5 Hours Ago Yen weakens after Bank of Japan holds rates, increases flexibility on yield curve control Japan’s yen weakened after the country’s central bank kept interest rates steady and said it will allow more flexibility in its yield curve control policy. The Bank of Japan said the target levelContinue Reading

DETROIT, Oct 29 (Reuters) – United Auto Workers President Shawn Fain is meeting Sunday afternoon with local union leaders from Ford (F.N) to start the process of ratifying a new contract, while bargaining continues at General Motors (GM.N) following a setback Saturday. Fain on Saturday ordered a walkout at GM’sContinue Reading

HSBC’s profit after tax came in at $6.26 billion in the three months ended September, jumping 235% compared to the $2.66 billion in the same period last year. Profit before tax for the quarter rose by $4.5 billion to $7.7 billion, mainly due to a higher interest rate environment. Revenue roseContinue Reading