Shares in bitcoin hoarders sink as ‘crypto treasury’ mania sours
Fundraisings have continued even as falling share prices leave some companies worth less than their crypto holdings
Economic news
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Klarna reaches $15bn valuation as IPO prices at $40 a share
Swedish fintech to begin trading on Wednesday after tariff turmoil halted earlier listing plan
US Supreme Court to consider legality of Trump’s tariffs in November
Case marks first test of president’s use of emergency powers to impose policies
Trump tells EU to hit China and India with 100% tariffs to pressure Putin
US president makes extraordinary demand in bid to force Russia to end invasion of Ukraine
Elliott builds stake in payments company Bill Holdings
Sector has become the subject of takeover interest as buyers seize on depressed valuations
Important inflation reports this week expected to show prices still on the rise
The Bureau of Labor Statistics will release the producer price index on Wednesday, followed by the consumer price index the next day.