Crypto Rules Delay Puts Billions in Tax Revenue at Risk
Democratic senators are pressing the Biden administration to speed up the release of regulations tied to a 2021 law.
Indict, Rally, Repeat: Reactions to Latest Trump Charges Follow Familiar Script
Core Republican voters and key lawmakers again stick by the former president, while the 2024 GOP field is divided.
Kimmeridge Raises $1 Billion to Invest in Oil Patch
The energy-focused firm sees opportunity in the depressed prices of oil and gas assets, while other investors flee the sector.
Guidepost Growth Equity Backs Educational-Technology Company Intellum
The Boston-based firm’s $25 million investment marks the first time that Intellum received institutional capital.
Hong Kong’s Property Market Is a Mess—and the Fed Is Partly to Blame
U.S. rate increases have tamed inflation at home but caused pain in a city with notoriously expensive real estate.
Pro Take: U.S. Diners to Fork Over Almost $1 Trillion at Restaurants This Year
Americans consumers’ tab for eating and ordering out is expected to reach $1 trillion this year, fattened by inflation and a postpandemic […]
The Rest of the World Has Finally Caught the U.S. Women’s Soccer Team
European teams stocked with players from the game’s richest clubs have already signaled that they can prevent an American World Cup three-peat.
Oil Prices Perk Up as Recession Worries Ebb, Supply Tightens
Some banks say Brent could rise toward $100 a barrel, as the economic outlook improves and supply cuts start to bite.
Bank of Thailand Increases Policy Rate to Tame Inflation
Thailand’s central bank raised its policy rate as it continued its efforts to tame inflation.
China Extends Tax Relief Measures to Support Small Businesses
China’s finance ministry unveiled measures to help struggling small businesses as the economy’s post-Covid-19 recovery loses steam.
BAE Systems Boosts Guidance on Record Order Book
BAE Systems raised its full-year forecasts for sales and underlying earnings after it reported above-consensus half-year profits on a record order book.