Latest Currency markets News
Trump raced to pick many Cabinet posts. He took more time to settle on a treasury secretary
WASHINGTON (AP) — President-elect Donald Trump launched a blitz of picks for his Cabinet, but he took his time before settling on billionaire investor Scott Bessent as his treasury secretary nominee. The Republican not only wanted someone who jibes with him, but an official who can...
Bitcoin ticks closer to $100,000 in extended surge following US elections
NEW YORK (AP) — Bitcoin extended its streak of record highs after ticking above $99,000 for the first time. The cryptocurrency has rocketed more than 40% in just two weeks. Now, bitcoin is at the doorstep of $100,000, just two years after dropping below $17,000 following the...
SEC Chair Gary Gensler, who led US crackdown on cryptocurrencies, to step down
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...
Stock market today: Wall Street drifts to a mixed finish after an inflation update
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
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
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
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
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
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
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...
