Crypto companies made ‘calculated’ decision to flout rules, says SEC chair
By John McCrank and Hannah Lang (Reuters) -The chair of the U.S. Securities and Exchange Commission (SEC) on Thursday strongly…
Business
Carvana shares surge as much as 68% after upbeat second-quarter outlook
By Nathan Gomes and Sinéad Carew (Reuters) -Shares of used-car retailer Carvana Co closed up 56.0% on Thursday with some…
GM to invest more than $500 million in Texas plant for future SUVs
By David Shepardson (Reuters) -General Motors said Thursday it will invest more than $500 million in its Arlington, Texas assembly…
Shares rise, Treasury yields fall as US jobless claims surge
By Marc Jones and Koh Gui Qing NEW YORK/LONDON (Reuters) – World stocks rose on Thursday and Treasury yields edged…
Oil prices partially recover after US, Iran deny reported nuclear deal
By Laura Sanicola (Reuters) -Oil prices settled lower on Thursday but rebounded from earlier losses after the U.S. and Iran…
Behold Wall Street’s new bull market, maybe
By Chuck Mikolajczak NEW YORK (Reuters) -S&P 500 advanced on Thursday, putting the benchmark index up 20% from its Oct….
US and UK back new ‘Atlantic Declaration’ for economic cooperation
WASHINGTON/LONDON (Reuters) – Britain and the United States backed a new “Atlantic Declaration” on Thursday for greater cooperation on pressing…
Stocks, Treasuries lead US household wealth to 1-year high in early 2023
By Dan Burns (Reuters) – U.S. household wealth climbed to the highest in a year in the first three months…
TD Bank CEO ‘confident’ of resolving issues tied to First Horizon deal collapse
(Reuters) – TD Bank Group CEO Bharat Masrani said he was confident the bank, Canada’s second biggest lender, would resolve…
Exclusive-Bunge finalizing $30 billion-plus merger with Viterra -sources
By Abigail Summerville and Anirban Sen NEW YORK (Reuters) – U.S. grains merchant Bunge Ltd is putting the final touches…