China has been quietly building a blockchain platform. Here’s what we know
Chinese President Xi Jinping has declared that his country needs to “seize the opportunities” presented by blockchain technology.
Financial News
Investors could get a reprieve from vicious stock sell-off in week ahead
Investors could get a reprieve in the week ahead from the vicious selling cycle that has gripped the stock market since late March.
Regulators are growing anxious about stablecoins after Terra’s stunning collapse
U.S. Treasury Secretary Janet Yellen has urged Congress to approve federal regulation of stablecoins.
More than $200 billion erased from entire crypto market in a day as sell-off intensifies
The price of bitcoin plunged below $26,000 Thursday, hitting its lowest level in 16 months.
Apple is no longer the world’s most valuable company
Energy prices and stocks have been rising as investors sell off equities in several industries, including technology.
Dow slips for a fourth day ahead of key inflation data
U.S. stocks seesawed Tuesday as the major averages struggled to recover from three days of heavy selling.
Stock futures are higher after S&P 500 falls to its lowest level in more than a year
Bearish investor sentiment continued to weigh on the major averages earlier on Monday.
Beijing loyalist John Lee will be Hong Kong’s next leader
John Lee, the only candidate for Hong Kong’s top post, has been elected to be Hong Kong’s next Chief Executive.
CDC investigating 109 cases of severe hepatitis in kids across two dozen states, including 5 deaths
The cases of severe hepatitis have been found across 25 states and territories.
Stocks fall on Friday to close out tumultuous week, Dow drops for sixth straight week
The moves came after stocks sold off sharply in Thursday’s session.