Stablecoins were supposed to be 'stable.' Then the crash came

Editor's Note: If you or someone you know is struggling with suicidal thoughts or mental health matters, please call the National Suicide Prevention Lifeline at 800-273-8255 to connect with a trained counselor or visit the NSPL site.

News: What you need to know about the markets     Stablecoins were supposed to be 'stable.' Then the crash came Editor's Note: If you or someone you know is struggling with suicidal thoughts or mental health matters, please call the National Suicide Prevention Lifeline at 800-273-8255 to connect with a trained counselor or visit the NSPL site. Read more »   Allianz division agrees to pay $6 billion for defrauding teachers, religious groups and foundations A US division of German insurance firm Allianz will pay more than $6 billion for what US investigators called a "massive fraudulent scheme" that involved the investments of public pensions, religious organizations and other foundations. Read more »   Fed Chair Jerome Powell: We won't hesitate to raise rates to tame inflation Hindsight is 20:20, even for the Federal Reserve. Read more »   Jeff Bezos and Joe Biden are having the stupidest fight ever Among the many silly, mind-numbing, agenda-pushing exchanges happening on Twitter at any given moment, the one playing out between the President of the United States and the world's second-richest person stands out for both its dullness and its deliberate oversimplification. Read more »   World's largest aircraft owner lost 113 planes to Russia due to sanctions AerCap Holdings, the aircraft leasing giant that is the world's largest owner of jets, lost 113 planes when Russia seized them in response to sanctions triggered by the war in Ukraine. Read more »   Century 21 is staging a comeback Beloved discount store Century 21 is reopening in New York City nearly two years after the pandemic forced it out of business. Read more »

Dow Nasdaq S&P +431.17   +321.73   +80.84 32,654.59   11,984.52   4,088.85 +1.34%   +2.76%   +2.02% YTD -10.14%   YTD -23.40%   YTD -14.21%

Biggest Winners Citigroup Inc +7.56%   Celanese Corp +7.49%   Freeport-McMoRan Inc +7.08%   Synchrony Financial +6.76% Biggest Losers Walmart Inc -11.38%   Kroger Co -3.70%   Bath & Body Works Inc -2.91%   Dollar General Corp -2.83%

Hottest ETF NYSE Market Volume

Key Market Stats Latest Today's Change Oil $113.45 -0.75 / -0.66% Gold $1,813.10 -0.90 / -0.05% 10-yr 2.97% +0.09 Euro $1.05 +0.01 / +1.04%

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