January 13, 2025
Binance to Face Class Action After US Supreme Court Declines...
Cryptocurrency exchange Binance and founder Changpeng Zhao are reportedly set to face a class action by investors after a Monday (Jan. 13) decision by the U.S. Supreme Court. The court...
January 08, 2025
Bank of England Aims to Loosen Rules for Lenders and...
The Bank of England has reportedly announced plans to relax rules for banks and insurers. Sam Woods, chief executive of the central bank’s Prudential Regulation Authority, told a House of...
January 07, 2025
Business Bankruptcies in US Reach Highest Level Since 2010
Corporate bankruptcies in the U.S. have reportedly reached their highest level in 14 years. High interest rates and waning consumer demand helped drive at least 686 companies to bankruptcy in...
January 05, 2025
Fitzgerald to Lead House Subcommittee on Regulatory Reform and Antitrust
US Rep. Scott Fitzgerald, R-Juneau, will take on a significant leadership role in the 119th Congress after being appointed chairman of the Judiciary Subcommittee on the Administrative State, Regulatory Reform,...
January 03, 2025
Bears, Bulls and Regulations Shape Crypto’s 2025 Aspirations
The global cryptocurrency market is capitalized at over $3 trillion. Much of that value is concentrated at the top, among a few key digital tokens. Bitcoin, as the first and...
January 03, 2025
Big Lots Faces Challenges Despite Acquisition
Big Lots, a once-dominant player in the discount retail sector, faces an uncertain future following an acquisition by Gordon Brothers Retail Partners. The agreement, finalized Dec. 27, ensures hundreds of...
January 02, 2025
Carvana Rejects Hindenburg Research Allegations of ‘Accounting Grift’
Hindenburg Research said Thursday (Jan. 2) that it has taken a short position in shares of online car dealer Carvana, alleging a “father-son accounting grift” at the firm. In a...
January 02, 2025
Tether’s Market Value Hits 2-Year Low Amid New MiCA Rules
Stablecoin leader Tether has seen its market value decline amid new European Union cryptocurrency rules. The company’s USDT just had its sharpest weekly drop in two years, Coindesk reported Thursday (Jan. 2), leading to...
January 01, 2025
Strategic Shifts and Key Takeaways: Financial Leaders Reflect on 2024
The year 2024 proved to be full of transformative shifts and strategic pivots. PYMNTS sat down with some of the industry’s most influential leaders, capturing insights that shaped the narrative...