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Crypto giant FTX is close to finalizing a term sheet to buy BlockFi, sources familiar with the situation told CNBC.
Natural gas plunged below $6 on Thursday amid growing worries of an oversupplied market.
U.S. stock futures fell Friday morning after the S&P 500 closed out its worst first-half performance in decades.
Federal Reserve Chair Jerome Powell vowed Wednesday that policymakers would not allow inflation to take hold of the U.S. economy over the longer term.
Core personal consumption expenditures prices, excluding food and energy, rose 4.7% from a year ago, slightly less than expected.
Cleveland Fed President Loretta Mester said Wednesday that she will be advocating for a 75 basis point hike to interest rates in July if conditions stay the same.
Stocks fluctuated on Wednesday, after the major averages made a failed attempt at a bounce in the previous session.
Federal Reserve Chairman Jerome Powell vowed Wednesday that policymakers would not allow inflation to take hold of the U.S. economy over the longer term.
New York Fed President John Williams said he expects the economy to avoid recession even as he sees significantly higher rates to control inflation.
Cathie Wood said the U.S. is already in an economic downturn, and she admitted that she underestimated the severity and lasting power of inflation.
Shares in the Asia-Pacific traded higher on Monday as investors assess inflation and recession fears.
Wall Street is set to wrap up the worst first half for stocks in decades this week.
The major averages are looking to snap three-week losing streaks.
Oil and bond yields fell on Wednesday, relieving some pressure they've given stocks lately.