Coinbase quarterly profit falls as expenses climb, shares down
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Day: May 9, 2025
Investors pull money out of US equity funds for a fourth straight week
(Reuters) -U.S. equity funds saw outflows for a fourth straight week through May 7, driven by uncertainties around trade tariffs…
Policy uncertainty fuels rise in U.S. government debt hedging
By Davide Barbuscia NEW YORK (Reuters) -The cost of insuring exposure to U.S. government debt has climbed noticeably over the…
White House dismisses Democrats on Consumer Product Safety Commission
By David Shepardson WASHINGTON (Reuters) – The Trump administration dismissed three Democrats on the five-member Consumer Product Safety Commission, a…
Coinbase quarterly profit falls as expenses climb, shares down
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Coinbase quarterly profit falls as expenses climb, shares down
(Reuters) -Crypto exchange Coinbase reported a drop in first-quarter profit on Thursday as a steep rise in costs more than…
Google settles Black employees’ racial bias lawsuit for $50 million
By Jonathan Stempel (Reuters) – Google agreed to pay $50 million to settle a lawsuit accusing the search engine company…
US oil and gas rig count falls to lowest since January, Baker Hughes says
By Scott DiSavino (Reuters) -U.S. energy firms this week cut the number of oil and natural gas rigs operating to…
Shell faces delays on two wells at offshore Perdido development in US Gulf
By Arathy Somasekhar HOUSTON (Reuters) -Shell, the top U.S. offshore producer, said this week that two of its wells to…