(CNBC) U.S. shoppers accelerated their level of spending in October even as the prices of goods jumped at their fastest pace since the 1990s, the Commerce Department reported Tuesday. To read this article:

(CNBC) Treasury Secretary Janet Yellen on Tuesday told lawmakers that she now estimates that the U.S. will reach its debt limit on Dec. 15, almost two weeks later than her initial forecast of Dec. 3. Those additional 12 days would […]

(CNBC) The U.S. Justice Department will sell off $56 million worth of cryptocurrency it seized as part of a massive Ponzi scheme case against a man who promoted the offshore crypto lending program BitConnect, authorities said Tuesday. The Justice Department […]

()palesque) The SBAI, a global alliance of alternative investment managers and allocators and custodian of the Alternative Investments Standards, has released a new Toolbox memo providing guidance on completing operational due diligence on crypto assets. The memo can be found […]

(CNBC) Economists predict a boom in October’s retail sales, aided by rising gasoline prices and early holiday shopping. Retail sales are expected to rise 1.5%, up from September’s 0.7% gain, according to economists polled by Dow Jones. Excluding autos, sales […]

(CNBC) Former Federal Reserve economist Stephen Roach sees only one way to contain inflation: immediate rate hikes. If the Fed doesn’t act, he warns rising prices could send shockwaves through the economy. “They’re in denial. To read this article:

(Hedgeweek) Hedge funds are ramping up their negative positions against Hargreaves Lansdown, with the UK retail-focused investment and advisory firm now the most shorted stock among FTSE 100 names, new market data from Ortex Analytics shows. To read this article:

(CNBC) JP Morgan Chase filed suit against electric vehicle maker Tesla in a dispute over warrants, according to court filings out Monday. The bank is seeking $162.2 million plus interest, attorneys’ fees and expenses. JP Morgan alleges that Tesla has […]

(Opalesque) Largely supported by the tech, media, and telecom (TMT) sector, global mergers and acquisitions (M&A) deal value came close to $1 trillion in Q3 2021, said a study. According to the GlobalData report, TMT represented over a third of […]

(CNBC) U.S. stock futures were steady in overnight trading on Sunday as investors prepared to start the week after the S&P 500 broke a five-week winning streak. Dow futures rose about 40 points. S&P 500 futures gained 0.14% and Nasdaq […]

(CNBC) Consumers are in the spotlight in the week ahead, with the imminent release of retail sales for October and earnings from major chain stores. Retail sales is the big economic report for the week, when the Census Bureau releases […]

(CNBC) The first bitcoin upgrade in four years has just gone live. It is a rare moment of consensus among stakeholders, and it’s a big deal for the world’s most popular cryptocurrency.  The Taproot update means greater transaction privacy and […]