Novavax previously forecast $4-5B in revenue, now expects to generates $2-$2.3B due to people overwhelmingly getting vaccinated with Pfizer and Moderna shots. Novavax received U.S. authorization for its Covid shots for adults...
Key Takeaways
The New York Department of Financial Services has published guidance for companies in the state that issue stablecoins.
The guidelines describe acceptable backing assets, redemption times, reserve audits, and custodial institutions.
Stablecoins have fallen...
The U.S. Department of Labor has been sued by a 401(k) plan administrator over its cryptocurrency guidance. “This lawsuit seeks to preserve the rights of American investors to choose how to invest money...
GBP/USD OUTLOOK:The Fed will release its May monetary policy decision on Wednesday. Investors expect the bank to raise rates by 50 basis points and formally unveil its plan to trim its huge balance...