Tether Holdings Ltd., the operator of the largest stablecoin, said it had record net profit of $4.52 billion in the first quarter, largely driven by interest earned from its holdings of US Treasuries and appreciation in Bitcoin and gold.
With Fed on Hold, Companies’ Buybacks Offer Equity Markets a TailwindUS Holds Quarterly Debt Sale Steady, Starts Buybacks This MonthNYCB’s Results Are Better Than Worst Fears After Rocky QuarterAI Hardware Stocks Get Pummeled Even as Big Tech Keeps SpendingBiden Poised to Finalize New Electric Vehicle Tax Credit RulesSenate Passes Russian Uranium Import Ban, Sending Bill to BidenCVS Tumbles as Rising Medical Costs Hit Profit ForecastCash Crunch Forces Cocoa Traders to Delay West African...
4% in FebruaryChina State Firm to Sell 20 Shanghai Office Towers in DownturnWith Fed on Hold, Companies’ Buybacks Offer Equity Markets a TailwindNYCB’s Results Are Better Than Worst Fears After Rocky QuarterTesla Axes Most of Supercharger Team in Blow to Other AutomakersBarclays Begins Implementing Job Cuts Across Investment BankBuyouts of Delinquent Commercial Real Estate CLO Loans Jump 210% as Multifamily Landlords StruggleUS, Philippines Eye Partnership to Cut China’s Nickel DominanceWorld’s...
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