Global markets lagged on Wednesday, as inflation remains the Big Bad Wolf at the door on both sides of the Atlantic. Read More
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Bitcoin, Big Tech and crude gain as the focus shifts to more stimulus
This is the web version of the Bull Sheet, Fortune’s no-BS daily newsletter on the markets. Sign up to receive it in your inbox here. Good morning. U.S. futures are fairly flat, but there are plenty of green shoots. Europe’s energy stocks and crude prices continues to gain, as does Bitcoin. In the U.S., tech futures […]
Chinese regulators order Ant Group to focus on payments, stop short of breakup
Chinese regulators ordered Jack Ma’s online financial titan Ant Group Co. to return to its roots as a provider of payments services, threatening to throttle growth in its most lucrative businesses of consumer loans and wealth management. The central bank summoned Ant executives over the weekend and told them to “rectify” the company’s lending, insurance, […]
Global stocks look set to snap an impressive winning streak—crypto falters
U.S. futures are higher this morning, but it looks as if stocks will end the week in the red. Read More