ETFs that hold Ethereum’s ether (ETH) are unlikely to be approved in May, Standard Chartered said in a report. Rising macro risks have led to a slowdown in spot bitcoin (BTC) ETF inflows. The bank reiterated its end-of-year bitcoin price target of $150,00 and its ether target of $8,000. U.S.…

DETROIT — General Motors on Tuesday raised its 2024 guidance after beating Wall Street’s top- and bottom-line expectations for the first quarter.The automaker said it was boosting its forecast after strong North American operations offset losses elsewhere during the first quarter. The company now expects adjusted earnings of $12.5 billion…

The Biden administration issued a final rule on Tuesday that cracks down on the investment advice that advisors, brokers, insurance agents and others give to retirement savers.The U.S. Department of Labor regulation — which follows a rule proposal in October — aims to ensure that investment recommendations are in savers’…

The Justice Department has reached a $138.7 million settlement with more than 100 victims of disgraced former USA Gymnastics team doctor Larry Nassar over the FBI’s initial failures in investigating the sexual assault case. More than 150 women and girls, including Olympic athletes, have alleged that Nassar sexually abused them under…

The Milwaukee Bucks threw the first punch in their opening-round playoff series against Indiana Pacers, taking Game 1 109-94. But it’s not about who punches first; it’s about who can sustain the attack throughout the series. While the Bucks may have won the first game, it’s crucial they don’t let…