(Bloomberg) — El Salvador’s declaration of Bitcoin as legal tender could create challenges for both the country and the cryptocurrency, according to a team from JPMorgan Chase & Co. Bitcoin trading volumes commonly exceed $40 billion to $50 billion per day, but most of that is internalized by major exchanges, said a group from JPMorgan … Read more
The chairman of Miami-Dade’s county commission has tested positive for COVID-19 about four months after he said he was fully vaccinated for the virus — prompting a wave of planned tests for senior county leaders and raising questions about exposure at the Surfside command center. Chairman Jose “Pepe” Diaz has been a frequent presence in … Read more
Cameron Johnson unloaded on P.J. Tucker on Sunday. The Phoenix Suns forward picked up a full head of steam in full-court transition with his mind set on punishing the rim in the third quarter of Game 3 of the NBA Finals. Tucker made the poor decision to get in his way. In an unwise effort … Read more
Retail REITs have done well so far this year, but can the gains go on? Here, a shopping mall in an undisclosed location. Spencer Platt/Getty Images Text size Although real estate investment trusts overall performed well in the first half of 2021, investors will have to be more discerning for success moving forward. REITs are … Read more
WASHINGTON (AP) — The Biden administration on Sunday upheld a Trump-era rejection of nearly all of China’s significant maritime claims in the South China Sea. The administration also warned China that any attack on the Philippines in the flashpoint region would draw a U.S. response under a mutual defense treaty. The stern message from Secretary … Read more