Troubled crypto hedge fund Three Arrows Capital was ordered into liquidation by a court in the British Virgin Islands, according to a person familiar with the matter.
European Central Bank policy makers preparing for the first interest-rate increases in more than a decade were handed conflicting signals on the inflation they’re trying to curb as price growth unexpectedly hit a record in Spain while easing off in Germany.
(Bloomberg) -- Investors betting that Bed Bath & Beyond Inc. would be the next meme stock to go to the moon are facing the harsh reality that fundamentals are particularly important during a market rout.
(Bloomberg) -- US personal spending expanded in the first quarter at the weakest pace of the pandemic recovery, marking a surprise sharp downward revision that suggests an economy on weaker footing than previously thought.
(Bloomberg) -- Sweden’s Riksbank will probably double its pace of interest-rate hiking on Thursday and signal more aggressive tightening ahead as inflation grips the Nordic region’s biggest economy.
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