Bitcoin has rocketed to an all-time high this year, with its latest boom enticing a new wave of surprising and controversial new cryptocurrencies. Sign up now for CryptoCodex—A free newsletter for the crypto-curious The bitcoin price has topped $124,000 in the last few weeks, lifting ethereum, Ripple’s XRP and the wider crypto market to over
Things weren’t always this bad. Generations ago, voters demanded laws to reduce the power of special interests, curtail corruption, and ensure that every citizen could speak freely and had equal representation. But over time, the Supreme Court has taken a sledgehammer to those safeguards. The crusade began in the mid-1970s with a case called Buckley
Alice Gledhill | Bloomberg Global investors have reduced protection against a weaker dollar, countering expectations from earlier this year that an increase in hedging would drag the currency down. Data compiled by State Street Markets, a division of one of the world’s biggest money custodians, shows that non-US investors in American equities have cut their
In a high-stakes gamble, Wall Street hedge funds are offering to buy claims that insurers may have against Southern California Edison if the utility is found liable for causing the devastating Eaton fire in Altadena. The solicitations are legal, but have alarmed California state officials — who loathe the idea of investors profiting from a
Sir Thomas Gresham’, (1897). English merchant and financier Gresham (circa 1519-1579) was the … More founder of the Royal Exchange in London. From Old and New London, Volume I, by Walter Thornbury. [Cassell and Company, Limited, London, Paris & Melbourne, 1897]Artist Unknown. (Photo by The Print Collector/Getty Images) Getty Images I had intended to write