The chief executive of the largest global cryptocurrency exchange, plans to plead guilty to violating criminal U.S. anti-money-laundering requirements.

The Securities and Exchange Commission has told Paxos that it plans to sue the company for violating investor protection laws.

Prosecutors alleged the founder of the failed cryptocurrency exchange contacted a potential witness in his criminal case.

More U.S. adults said their monthly expenses exceeded their monthly income in December, according to a report released this week.

China’s economy grew at one of its slowest rates in decades last year as repeated Covid-19 lockdowns hammered households and businesses.

A new warning says the Covid-19 pandemic and Russia’s invasion of Ukraine mean the global economy might be on the brink of high prices and low economic growth.

Chinese authorities are putting packages through an extensive cleansing process as a part of the country’s zero-Covid regime.