Booking Holdings Inc. and Expedia Group Inc. both reported double-digit increases in gross bookings in the first quarter, signaling strong demand for travel despite high rates of inflation and a cloudy economic outlook.
Enbridge Inc. Chief Executive Officer Greg Ebel said that despite recent volatility in energy markets, oil and natural gas prices are at a level beneficial for both users and producers.
New York Attorney General Letitia James proposed a state law to tighten rules over cryptocurrency companies in her latest swing at an industry she claims is suffering from “rampant fraud and dysfunction.”
The US will subject real estate transactions near eight domestic military bases to increased scrutiny following a controversy over a Chinese company’s effort to purchase a wet-corn milling plant near an Air Force base in North Dakota.
Bitcoin is mounting another attempt to surpass the closely-watched $30,000 level and memecoins extended their recent rally as risk appetite increases across global asset markets.
Mexico and Colombia are likely done with monetary tightening, while Brazil and Chile may soon be looking for an chance to cut interest rates, according to Goldman Sachs Group Inc.
The deepening cooperation between China and Russia threatens to overturn decades of international stability in nuclear arms control, according to a top adviser to US President Joe Biden.
A lawsuit by former New York Knicks player Charles Oakley over his ejection from Madison Square Garden while attending a game six years ago was reinstated by a federal appeals court.
The World Health Organization declaration on Friday that the emergency phase of Covid-19 is over was largely symbolic. But, in a strange twist, the decision potentially has ramifications for creditors trying to collect on $400 million of defaulted bonds in Mexico City.
Regional bank collapses are cutting into credit availability, doing some of the Federal Reserve’s work as the central bank looks to tighten credit, said Tony Yoseloff, chief investment officer and executive managing member at Davidson Kempner Capital Management.
