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The price of bitcoin is up about 160% this year as institutional support deepens for the largest cryptocurrency.
The billionaire Dimon testified before the Senate he’s “deeply opposed” to bitcoin and other digital currencies due to their association with illegal activity.
The Camel and Newport parent company announced Wednesday it wrote down its U.S. tobacco brands by $31.5 billion, sending shares down 8%.
Employers continue to tighten their belts, as job and pay growth both sank to among their lowest respective levels since 2021.