Stocks retreated after a three-week rally, with a gloomy forecast from Nvidia Corp. weighing on tech shares and traders awaiting inflation data for clues on the pace of Federal Reserve rate hikes.
Cathie Wood said Ark Investment Management’s sale of some of its Coinbase Global Inc. holdings last month came after what the firm viewed as regulatory “uncertainty” in the cryptocurrency world.
(Bloomberg) -- Ghana’s government is in talks over a loan of about $3 billion from the International Monetary Fund, according to two people familiar with the matter.
(Bloomberg) -- Texas Attorney General Ken Paxton said Monday that he joined a group of Republican state officials accusing BlackRock Inc. Chief Executive Office Larry Fink of relying on sustainable investments instead of shareholders’ profits.
Power giant Consolidated Edison Inc. is asking residents in parts of Brooklyn to curb their energy use as high heat sears New York City.
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