Economy Jun 07 Cryptocurrency meltdown is wake-up call for many, including Congress Meltdowns in the cryptocurrency space are common, but the latest one has served as a vivid reminder that investors, both professionals and rookies, can be rolling the dice when putting money into digital assets.
World May 24 U.S. to end Russia's ability to pay off international debt The U.S. will close the last avenue for Russia to pay back its billions in debt to international investors on Wednesday, making a Russian default on its debts for the first time since the Bolshevik Revolution all but inevitable.
Economy May 13 Wild week in crypto ends as Bitcoin and stablecoin tumble It's been a wild week in crypto, even by crypto standards. Bitcoin tumbled, stablecoins were anything but stable and one of the crypto industry's highest-profile companies lost a third of its market value.
World May 01 After sanctions, investors prepare for Russia to default Investors remain largely convinced that Russia will eventually default on its debts for the first time since 1917. The major ratings agencies Standard & Poor’s and Moody’s have declared Russia is in “selective default” on its obligations.
World Apr 23 How sanctions are affecting the Russian economy As the West moved to cut off Russia’s access to its foreign reserves, limit imports of key technologies and take other restrictive actions, the Kremlin launched some drastic measures to protect the economy.
World Mar 31 As ruble rebounds, some question impact of sanctions against Russia The Russian ruble has bounced back to almost its full value since before the West imposed economic sanctions on Russia over its invasion of Ukraine.
World Feb 28 Russians line up at banks as currency plummets in face of sanctions Ordinary Russians are facing the prospect of higher prices as Western sanctions over the invasion of Ukraine sent the ruble plummeting.
Health Feb 04 Propelled by omicron, U.S. death toll from COVID-19 hits 900,000 COVID-19 has become one of the three top leading causes of death in America, behind the big two — heart disease and cancer. To public health experts, the milestone is made all the more tragic because so many of the…
Health Feb 04 COVID falling in 49 of 50 states as deaths near 900,000 With the brutal omicron wave rapidly easing its grip, new cases of COVID-19 in the U.S. are falling in 49 of the 50 states, even as the nation’s death toll closes in on another bleak round number: 900,000.
Economy Nov 26 Stocks sink on new COVID variant. Dow loses 905 points Stocks are closing sharply lower on Wall Street Friday, after a coronavirus variant from South Africa appeared to be spreading across the globe and the European Union proposed suspending air travel from southern Africa.