BENGALURU (REUTERS) – Citigroup is weighing the option of providing cryptocurreny-related services after a surge in interest from clients, the Financial Times reported on Friday (May 7). The bank has not yet decided whether it will offer clients cryptocurrency-related services, but trading, custody and financing are all under consideration, the newspaper reported, citing Itay Tuchman, the bank’s global head of […]

With a Saturday game on Fox and a Sunday doubleheader on ABC, this is a banner television weekend for Major League Soccer. And, the matchups are intriguing, too.  The first of three scheduled El Tráfico matchups this season is Saturday in Carson, Calif., as the Los Angeles Galaxy host LAFC (8 p.m. ET on Fox). Will this finally be the first time Mexican […]

‘One cannot avoid speculating whether there was something else at play that led to the uncovering of this saga.’ Last month the British government agreed to extradite diamond merchant Nirav Modi to India. Three years have passed since the Punjab National Bank scam broke out, in which Nirav Modi allegedly siphoned off more than Rs 11,000 crore (Rs 110 billion. […]

A meeting between the Gates and Jeffrey Epstein in 2013 reportedly left Melinda upset. The Daily Beast reported Thursday that she warned her husband about his relationship with the sex offender. The New York Times previously reported that Gates and Epstein met several times between 2011 and 2013.  See more stories on Insider’s business page. A meeting between Bill and […]

The service file of Kim Potter, the former police officer who fatally shot 20-year-old Daunte Wright at a traffic stop in a Minneapolis suburb, reveals some details about her time on the police force, but no recent information on her training on the force. Wright, a Black man, was shot once and died after a traffic stop April 11. Officers initially stopped Wright because […]

(Reuters) – The Dow Jones Industrial Average closed at a record high on Thursday, bolstered by an upbeat weekly jobless claims report, while vaccine makers dipped after U.S. President Joe Biden backed plans to waive patents on COVID-19 shots.FILE PHOTO: The Wall St. sign is seen near the New York Stock Exchange (NYSE) in New York City, U.S., May 4, […]

The Federal Reserve painted a picture of a generally stable financial system, but one bubbling with risk-taking that merits attention. By Jeanna Smialek The Federal Reserve warned about financial stability risks emanating from frothy stocks and debt-laden hedge fund bets in its twice-annual report on potential vulnerabilities in the system, pointing to the rise of so-called meme stocks as one […]

TikTok, with over 100 million monthly active users in the U.S., insists no platform has that reach without “something for everyone” as it looked shake up perception that it’s a Gen Z phenomenon. In a pitch to marketers at the Digital NewFronts, TikTok showcased soft stats like how happy it makes users, how much less content they consume elsewhere and […]

The International Monetary Fund (IMF) said on Thursday that a multilateral response is critical to overcome the COVID-19 pandemic in India and globally as it hailed recent announcements by several countries to provide immediate support to India. India is struggling with a second wave of the pandemic with more than 300,000 daily new coronavirus cases being reported in the past […]