ICO crackdown may just be the start: China is reportedly planning tighter cryptocurrency rules

China is poised to further tighten rules on virtual currencies after regulators on Monday banned virtual coin fundraising schemes, Chinese financial news outlet Yicai reported, citing sources. China banned and deemed illegal the practice of raising funds through...

U.S. crude prices rise on returning refineries; gasoline slumps to pre-Harvey levels

SINGAPORE (Reuters) – U.S. oil prices edged up on Tuesday as the gradual restart of refineries in the Gulf of Mexico that were shut by Hurricane Harvey raised demand for crude, their main feedstock. The return of many U.S. refineries also ended a spike in...

DealBook: Bridgewater’s Ray Dalio Dives Deeper Into the ‘Principles’ of Tough Love

September 4, 2017 Andrew Ross Sorkin In 1993, Ray Dalio, the chairman of what is today the largest hedge fund in the world, Bridgewater Associates, received a memo signed by his top three lieutenants that was startlingly honest in its assessment of him. It was a...