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(Bloomberg) -- Treasury yields surged after signs of a resilient US economy in the latest data releases prompted traders to lower their expectations of aggressive Federal Reserve interest-rate cuts this year.Most Read from BloombergManchester Is Giving London a Run for Its MoneyBoston’s Broke and Broken Transit System Hurts Downtown RecoveryA Warehouse Store Promises Housing for South LA, in BulkBiden Invests $100 Million to Fuel Housing ConstructionThe Cross-Continental Race Using Only Public T

In a massive endorsement for cryptocurrencies from the Democratic faction, Senate Majority Leader Chuck Schumer (D) emphasized the importance of "sensible and long-lasting" regulation for the industry. Don't Miss: 1 in 4 Americans own a share of Bitcoin according to NASDAQ, how many people got started through this free crypto faucet? According to Cathie Wood, holding 6 Ethereum (ETH) could make you a millionaire, here’s why it can be true. Don’t miss out on the next Nvidia – you can invest in th

(Bloomberg) -- Offshore oil contractor Borr Drilling Ltd. expects almost a third of the world’s fleet of shallow-water rigs to be retired in the coming years because of their age, leading to higher daily leasing rates.Most Read from BloombergManchester Is Giving London a Run for Its MoneyBoston’s Broke and Broken Transit System Hurts Downtown RecoveryA Warehouse Store Promises Housing for South LA, in BulkBiden Invests $100 Million to Fuel Housing ConstructionThe Cross-Continental Race Using Onl

The ride-sharing company slipped on a disappointing earnings report.

The blame this time can't be laid on macro jitters as stocks are up big again, with the Nasdaq and S&P 500 both more than erasing early August declines.

The blame this time can't be laid on macro jitters, as stocks are up big again, with the Nasdaq and S&P 500 both more than erasing early August declines.

Goldman Sachs has bet heavily on BlackRock’s iShares Bitcoin Trust, which has garnered significant institutional interest from Wall Street.