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Bitcoin rises 4.2% to $50,947.94

(Reuters) – Bitcoin rose 4.18 % to $50,947.94 on Sunday, adding $2,043.31 to its previous close. Bitcoin, the world’s biggest…

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COVID-19 travel insurance becoming a vacation staple

(Reuters) – COVID-19 insurance policies are increasingly joining passports and sunscreen as vacation staples, creating opportunities for insurers as more…

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Too much stimulus in the U.S. may bring ‘imported inflation’ to China, economists warn

KEY POINTS Chinese economists are concerned about spillover risks from massive U.S. stimulus aimed at battling the coronavirus pandemic. Worries…

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‘Fintech is coming into the mainstream from this pandemic,’ J.P. Morgan’s Joyce Chang says

With the pandemic boosting demand for alternative assets, J.P. Morgan Securities’ Joyce Chang is seeing a new dynamic unfolding in…

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London Stock Exchange boss sounds the alarm on SPAC ‘froth’

KEY POINTS London Stock Exchange Group CEO David Schwimmer warned of “froth” in the red-hot SPAC market. Excess in U.S.…

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Robinhood chooses the Nasdaq for its IPO, sources say

KEY POINTS Robinhood selected the Nasdaq as the exchange for its public debut this year. The company has not yet…

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Jack Dorsey is offering to sell the first tweet as an NFT and the highest bid is $2.5 million

KEY POINTS Crypto collectibles have exploded in popularity lately, with anyone from artists to rock bands minting their content. Now,…

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