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The logo of Swiss bank UBS is seen at the company's office at the Bahnhofstrasse in Zurich in this July 1, 2009 file photo. REUTERS/Arnd Wiegmann/FilesRegister now for FREE unlimited access to Reuters.comRegisterAll-cash deal set to close this year pending approvalsPurchase expands UBS' U.S. market reachDeal lets Wealthfront offer more services,…

More crypto companies are going to fall to Ponzi scheme-style bankruptcy, but cryptocurrency will remain a crucial tool for exchange funds globally, a venture capitalist told Fox News."Overall, I think you're going to have most things crash," said Joe Lonsdale, an investor and a co-founder of software company Palantir. Various crypto lenders,…

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Fed's Waller plays down CPI as just one numberBeijing lays out property support, COVID stepsBiden to meet Xi at G20 meetingSYDNEY/LONDON, Nov 14 (Reuters) - Share markets continued last week's rally in more modest fashion on Monday after a top U.S. central banker warned investors against getting carried away over one inflation number, while…

Celebrities Kim Kardashian, former NBA star Paul Pierce and boxer Floyd Mayweather used their fame to hype a new cryptocurrency as part of a larger scheme to defraud investors while profiting for themselves, a lawsuit filed in California alleges.  Lawyers filed a class-action lawsuit on January 7 that claims the trio acted as celebrity…

WASHINGTON — A new study by Moderna suggests that its updated coronavirus booster strengthens a key component of the immune system’s defense against the Omicron subvariant that currently accounts for nearly one in three infections in the United States.The company announced the findings in a news release on Monday. The underlying data has not yet…

Stock futures rose Tuesday after another report signaled that inflation could be slowing, reigniting a rally in stocks.Futures tied to the Dow Jones Industrial Average rose 362 points, or 1.1%. S&P 500 futures added 2.1% and Nasdaq-100 futures gained 2.8%.The produce price index, a measure of wholesale inflation, rose 0.2% for the month,…

Hong Kong CNN Business  —  A blockbuster deal to sell his eponymous fashion brand has catapulted fashion designer Tom Ford into the global billionaires club. Ford, 61, who launched The Tom Ford Brand in 2005 and grew it into a luxury clothing and accessories powerhouse,…

Facebook CEO Mark Zuckerberg and Google CEO Sundar Pichai were allegedly aware of and approved a deal to collaborate on the potential manipulation of advertising sales, according to newly revealed documents.The documents, which came to light on Friday, were filed as part of a lawsuit against Google brought by the attorneys general of multiple…

Disgruntled shoppers have unleashed their frustration on social media over the last several days, posting photos on Twitter of bare shelves at Trader Joe's locations, Giant Foods and Publix stores, among many others.As the highly contagious variant of the Covid-19 virus continues to sicken workers, it's creating staffing shortages for critical…