Sam Bankman-Fried’s Emergent Fidelity Technologies Ltd., an offshore entity that owns 55 million shares of Robinhood Markets Inc., filed for bankruptcy Friday amid a fight over who should get the stock following the collapse of FTX Group.
ION Trading UK — the software firm that was struck by a cyberattack earlier this week, upending derivatives trading around the world — has been taken off the target list of ransomware gang LockBit, according to the hacker’s website.
January’s blockbuster US jobs report is likely to strengthen the Federal Reserve’s determination to raise interest rates above 5% and keep them high throughout the year — an outcome investors remain skeptical of.
Just minutes before the monthly jobs report was published on Friday, a trader placed a risky bet in federal funds futures that ended up paying off in a big way.
(Bloomberg) -- US government bonds slumped Friday as stronger-than-expected job creation and service-sector activity undermined wagers on a recession that will force the Federal Reserve to cut interest rates by year-end.
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