Latest Currency markets News

SEC Chair Gary Gensler, who led US crackdown on cryptocurrencies, to step down

Nov. 21, 2024 15:14 PM EST

Securities and Exchange Commission Chair Gary Gensler, who was aggressive in his oversight of cryptocurrencies and other financial markets, will step down from his post on Jan. 20. Gensler pushed changes that he said protected investors, but the industry and many Republicans bristled...

Bitcoin is at the doorstep of $100,000 as post-election rally rolls on

Nov. 21, 2024 13:27 PM EST

NEW YORK (AP) — Bitcoin topped $98,000 for the first time Thursday, extending a streak of record after record highs since the U.S. presidential election. The cryptocurrency has rocketed more than 40% in just two weeks. Now, bitcoin is at the doorstep of $100,000, just two years...

Stock market today: Wall Street drifts to a mixed finish after an inflation update

Nov. 13, 2024 17:03 PM EST

NEW YORK (AP) — U.S. stocks drifted to a mixed finish Wednesday after the latest inflation update boosted hopes that more help for the economy will arrive next month through a cut to interest rates. The S&P 500 was nearly unchanged and edged up by less than 0.1%, coming off...

Spanish phone giant Telefónica to pay $85M to resolve US probe of Venezuelan bribery scheme

Nov. 08, 2024 17:45 PM EST

WASHINGTON (AP) — Spain's largest telecommunications operator will pay more than $85 million to resolve a U.S. Justice Department investigation into a scheme to bribe Venezuelan officials with a lavish Caribbean vacation and expensive watches. The agreement with Telefónica S.A....

Magnite: Q3 Earnings Snapshot

Nov. 07, 2024 18:32 PM EST

NEW YORK (AP) — NEW YORK (AP) — Magnite, Inc. (MGNI) on Thursday reported net income of $5.2 million in its third quarter. On a per-share basis, the New York-based company said it had profit of 4 cents. Earnings, adjusted for one-time gains and costs, came to 17 cents per share....

Townsquare: Q3 Earnings Snapshot

Nov. 07, 2024 06:36 AM EST

PURCHASE, N.Y. (AP) — PURCHASE, N.Y. (AP) — Townsquare Media Inc. (TSQ) on Thursday reported net income of $10.8 million in its third quarter. On a per-share basis, the Purchase, New York-based company said it had net income of 63 cents. Earnings, adjusted for non-recurring...

Hamilton Lane: Fiscal Q2 Earnings Snapshot

Nov. 06, 2024 07:50 AM EST

CONSHOHOCKEN, Pa. (AP) — CONSHOHOCKEN, Pa. (AP) — Hamilton Lane Inc. (HLNE) on Wednesday reported fiscal second-quarter net income of $55 million. The Conshohocken, Pennsylvania-based company said it had net income of $1.37 per share. Earnings, adjusted for one-time items, were...

Patria Investments: Q3 Earnings Snapshot

Nov. 05, 2024 06:36 AM EST

CAMANA BAY, Cayman Islands (AP) — CAMANA BAY, Cayman Islands (AP) — Patria Investments Ltd. (PAX) on Tuesday reported profit of $1.5 million in its third quarter. On a per-share basis, the Camana Bay, Cayman Islands-based company said it had profit of 1 cent. Earnings, adjusted...

Financial market worries over the UK budget appear to ease

Nov. 01, 2024 13:18 PM EDT

LONDON (AP) — Worries about this week's tax-raising U.K. budget within financial markets appeared to ease Friday with the interest rates charged on British debt steadying and the pound rising against most other currencies. In the wake of Wednesday's budget statement, the first by a...

Stoneridge: Q3 Earnings Snapshot

Oct. 30, 2024 18:08 PM EDT

NOVI, Mich. (AP) — NOVI, Mich. (AP) — Stoneridge Inc. (SRI) on Wednesday reported a loss of $7.1 million in its third quarter. The Novi, Michigan-based company said it had a loss of 26 cents per share. Losses, adjusted for non-recurring costs, were 24 cents per share. ...