Binance's stablecoin, Binance USD, has seen around $6 billion of outflows following a U.S. regulatory crackdown on the company that issues the token, according to market tracker CoinGecko.
Dollar Tree Inc forecast full-year profit below Wall Street estimates on Wednesday as budget-conscious consumers restrict spending on discretionary products like apparel and party supplies amid stubbornly high inflation.
Digital World Acquisition Corp , a blank-check firm that is to merge with former U.S. President Donald Trump's social media platform, said on Wednesday it will file an appeal against a Nasdaq de-listing notice due to the non-payment of some dues.
Turkish authorities have fined TikTok 1.75 million lira ($93,000) for not taking sufficient measures to protect users from unlawful processing of their data, the Personal Data Protection Board (KVKK) said on Wednesday.
Omar Mejia, recently appointed deputy governor of Mexico's central bank, said on Wednesday the institution could consider slowing the pace of raising its key interest rate and the economy should continue to grow this year despite tight monetary policy.
The average interest rate on the most popular U.S. home loan remained last week at its highest level since November as stronger-than-expected readings on inflation, job gains and consumer spending caused investors to hike their bets that the Federal Reserve will have to keep raising its policy rate through the summer.
Kohl's Corp reported a surprise quarterly loss and forecast full-year profit well below analysts' estimates on Wednesday, as steep discounts to boost dwindling demand for apparel shredded the retailer's margins.
The world's top consumer and luxury goods companies have seen sales of everything from cosmetics to condoms grow in China since Beijing ended strict COVID-19 curbs, another sign that the world's No. 2 economy is reviving after the pandemic.
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