By Jody Godoy (Reuters) -Bittrex has agreed to pay $24 million to settle claims by the U.S. Securities and Exchange Commission that the cryptocurrency exchange failed to register with the agency, according to a filing in Seattle federal court on Thursday. The SEC sued Bittrex Inc and its former CEO William Shihara in April, saying…
By Patricia Zengerle and Andrea Shalal WASHINGTON (Reuters) -U.S. President Joe Biden asked Congress to approve about $40 billion in additional spending on Thursday, including $24 billion for Ukraine and other international needs, $4 billion related to border security and $12 billion for disaster relief. A senior administration official said the needs were great, and…
By Jake Spring BELEM, Brazil (Reuters) – Amazon rainforest nations emerged from a summit this week with a stronger hand to play at upcoming United Nations climate talks, despite the meeting’s lackluster final agreement, according to environmental groups. In a joint statement issued on Tuesday, the Amazon countries dashed expectations for a shared 2030 target…
By Jamie McGeever (Reuters) – A look at the day ahead in Asian markets from Jamie McGeever, financial markets columnist. Markets are betting that the Fed’s most aggressive rate-hiking campaign in more than 40 years is over. But now what? Wall Street initially gave a huge thumbs up to U.S. inflation data that showed some…
By Herbert Lash NEW YORK (Reuters) -Global shares and the dollar edged higher on Thursday after U.S. consumer price inflation moderated in July and boosted hopes the Federal Reserve is near the end of its rate-hiking cycle, but investors remained wary over data due to arrive before policymakers meet next. The consumer price index (CPI)…
(Reuters) – Wisk Aero, Archer Aviation, along with Boeing, reached a settlement to resolve the federal and state court litigation between the parties on undisclosed terms, the companies said on Thursday. (Reporting by Ananya Mariam Rajesh in Bengaluru; Editing by Shilpi Majumdar)
By Safiyah Riddle (Reuters) – U.S. mortgage delinquency rates fell to a record low in the second quarter due to a strong job market and low interest rates prevailing on most home loans despite the big jump in mortgage rates over the last two years, a report on Thursday said. Delinquency rates fell to 3.37%…
By Brendan Pierson (Reuters) – A federal appeals court on Thursday appeared skeptical of the Biden administration’s bid to reverse a court order sharply limiting its ability to ask social media companies to remove content that it considers to be misinformation. Daniel Tenny, a lawyer with the U.S. Department of Justice, told a three-judge panel…
By Jody Godoy (Reuters) -Goldman Sachs shareholders cannot go forward with a class action alleging the bank misled investors about its business practices ahead of the subprime mortgage crisis, a U.S. appeals court ruled on Thursday. The New York-based 2nd U.S. Circuit Court of Appeals ruled in three pension funds’ long-running case accusing the bank…
By Jonathan Stempel NEW YORK (Reuters) -Donald Trump on Thursday appealed a judge’s dismissal of his claim that the writer E. Jean Carroll defamed him by accusing him of rape, after a jury awarded her $5 million for defamation and sexual abuse but not rape. The former president asked the federal appeals court in Manhattan…
