The Los Angeles Post
U.S. World Business Lifestyle
Today: March 29, 2025
Today: March 29, 2025
Tom Wilson

Tom Wilson

Staff Writer

Latest From Tom Wilson

Asia|Business|Economy|Finance|Political|Stock Markets|US

Stocks tumble, dollar climbs as new tariff announcement eyed

Global stocks dropped for the first time in three sessions on Wednesday and the U.S. dollar resumed its ascent as investors awaited the next tariff

Stocks tumble, dollar climbs as new tariff announcement eyed
Business|Economy|Election|Finance|Political|Technology|US

Trump's World Liberty Financial crypto venture to launch stablecoin

Donald Trump's World Liberty Financial crypto venture will launch a dollar-pegged stablecoin, it said in a statement on Tuesday, after raising

Trump's World Liberty Financial crypto venture to launch stablecoin
Asia|Business|Economy|Finance|Political|Stock Markets|US

Stocks, yields edge higher; Powell says economy still in good place

Stock indexes rose on Friday after Federal Reserve Chair Jerome Powell said the U.S. economy continues to be in a good place and it remains to be seen if

Stocks, yields edge higher; Powell says economy still in good place
Americas|Asia|Business|Finance|Political|Stock Markets

Stocks fall on Trump tariffs; euro gains as Germany invests

Major stock indexes fell on Tuesday as the United States hit Canada, Mexico and China with steep tariffs, while the euro climbed to a three-month peak

Stocks fall on Trump tariffs; euro gains as Germany invests
Business|Economy|Finance|Political|US

The Trump connection: Why some bought World Liberty Financial tokens

On Sunday, just before Donald Trump's inauguration, crypto investor Mike Dudas bought more than $145,000 worth of tokens from World Liberty

The Trump connection: Why some bought World Liberty Financial tokens
Business|Finance|Political|Technology|US

Trump's inauguration marks new era for cryptocurrency

Advocates and holders of crypto will soon influence U.S. policy on the emerging technology after a slew of nominations and advisory appointments by President-elect Donald

Trump's inauguration marks new era for cryptocurrency
Business|Economy|Finance|News|Stock Markets|US

Shares lose steam as doubts cloud interest rate optimism

World shares lost steam on Tuesday as investor enthusiasm about a peak in global interest rates faded, while the dollar made gains as appetite for riskier currencies

Shares lose steam as doubts cloud interest rate optimism
Asia|Business|Finance|Stock Markets|Technology

Stocks climb on positive tech earnings, China rescue report

Global shares rose on Wednesday, fuelled by positive tech earnings and optimism Chinese authorities will offer support to its stock

Stocks climb on positive tech earnings, China rescue report
Business|Finance|Technology

Crypto investors cheer talk of Binance criminal probe resolution

Crypto investors have welcomed the prospect of a resolution of a long-running U.S. criminal investigation into Binance, reckoning any deal that

Crypto investors cheer talk of Binance criminal probe resolution
Business|Finance|Technology

Analysis-Binance CEO Teng braced for uphill battle in post-Zhao era

Spiralling compliance costs, ongoing legal headaches and a shrinking share of the market: Binance's new chief Richard Teng faces daunting

Analysis-Binance CEO Teng braced for uphill battle in post-Zhao era
News|Technology|World

New crypto front emerges in Israel's militant financing fight

A new front has emerged in Israel's fight against the funding of Iran-backed militant groups from Hamas to Hezbollah: A fast-growing crypto

New crypto front emerges in Israel's militant financing fight
Business|Economy|Finance|Technology

Bitcoin rises above $42,000 for first time since April 2022

Bitcoin rose on Monday, briefly surpassing $42,000 for the first time since April 2022, in a new surge of momentum fueled by the

Bitcoin rises above $42,000 for first time since April 2022
Americas|Asia|Crime|Economy|Finance|Technology|US|World

U.S. seizes crypto linked to Southeast Asian investment scam

The United States has seized digital currency worth about half a million dollars from an account registered to a Chinese man who featured in a Reuters

U.S. seizes crypto linked to Southeast Asian investment scam
Asia|Crime|News|World

North Korean hackers, criminals share money laundering networks in Southeast Asia - UN

North Korean hackers are sharing money-laundering and underground banking networks with fraudsters and drug traffickers in Southeast Asia, according to a United

North Korean hackers, criminals share money laundering networks in Southeast Asia - UN
Business|Finance|Technology|US

Crypto firm Circle to end support for USDC stablecoin on Tron blockchain

Major U.S. crypto firm Circle will end support for its USDC token on the Tron blockchain network, a decision the company said on Wednesday "aligned with its efforts to

Crypto firm Circle to end support for USDC stablecoin on Tron blockchain
Business|Finance|Technology

Changpeng Zhao, the crypto king and Binance chief, ousted for US crimes

The most powerful man in crypto has lost his crown - and could see his freedom curtailed as well.

Changpeng Zhao, the crypto king and Binance chief, ousted for US crimes
Business|Economy|Finance|Stock Markets

Citi fined $79 million by UK regulators over 'fat-finger' failures

UK regulators fined Citigroup 61.6 million pounds ($78.5 million) for controls failings in its trading operations, one of the biggest sanctions for systems breaches,

Citi fined $79 million by UK regulators over 'fat-finger' failures
Business|Finance|Stock Markets|US

Shares gain as rate cut bets pile up

World shares gained on Thursday as market wagers on ever-more aggressive interest rate cuts stretched a rally in U.S. stocks and bonds, while the

Shares gain as rate cut bets pile up
Business|Economy|Finance|US

Bonds bask in talk of Fed interest rate cuts

Treasury yields and the dollar hit multi-month lows on Wednesday after a U.S.

Bonds bask in talk of Fed interest rate cuts
Business|Finance|Technology

Bitcoin soars to near 18-month high as ETF speculation mounts

Bitcoin rose by nearly 10% on Tuesday to $34,872, its highest in nearly a year-and-a-half, on mounting speculation that an

Bitcoin soars to near 18-month high as ETF speculation mounts
Business|Economy|Finance|Stock Markets|US

Global bond rout deepens before receding on relief rally

A rout in government bond markets deepened early on Wednesday with benchmark U.S. yields hitting fresh 16-year highs as investors bet that

Global bond rout deepens before receding on relief rally
Asia|Finance|News

North Korean hackers sent stolen crypto to wallet used by Asian payment firm

A major Cambodian payments firm received crypto worth over $150,000 from a digital wallet used by North Korean hacking outfit Lazarus, blockchain data shows, a glimpse

North Korean hackers sent stolen crypto to wallet used by Asian payment firm
Business|Finance|Technology

Revolut gets UK banking licence after three-year wait

Financial technology firm Revolut has received a UK banking licence with some restrictions, it said on Thursday, ending a

Business|Economy|Finance|Stock Markets|US

Stocks fall with safe haven assets in demand, growth concerns in focus

MSCI's global equities gauge fell for a third day in a row and oil prices lost ground on Wednesday, while safe-haven assets such as U.S.

Stocks fall with safe haven assets in demand, growth concerns in focus
Asia|Crime|Technology|World

Criminal networks in Southeast Asia flourish in Telegram's 'underground markets', UN says

Powerful criminal networks in Southeast Asia extensively use the messaging app Telegram which has enabled a fundamental change in the way

Criminal networks in Southeast Asia flourish in Telegram's 'underground markets', UN says

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