Paying taxes in bitcoin could make Miami-Dade ‘crypto capital of the world’: Commissioner

Miami-Dade County Commissioner Danielle Cohen Higgins on the potential benefits of residents using bitcoin to pay taxes.  Miami-Dade County Commissioner Danielle Cohen Higgins said potentially allowing residents to pay taxes…

Possible tornado moves toward Florida capital

A Tornado warning has been issued by the National Weather Service (NWS) for Florida’s capital of Tallahassee. In a series of tweets, the agency warned residents to take shelter and that the warning…

GameStop investor Melvin Capital lost 49% on its investments in first quarter: source

FOX Business’ Charlie Gasparino reports sources say it’s unclear if Melvin Capital will finish the month strongly given the recent trading frenzy. BOSTON, – Melvin Capital, the hedge fund at the…

US stocks mixed as Fed moves to restore big bank’s capital requirements

Fox Business Flash top headlines are here. Check out what’s clicking on FoxBusiness.com. U.S. equity futures are trading mixed early Monday hours before the opening bell on Wall Street. Ticker Security…

Fed tells banks relaxed COVID capital rules ending

Former Trump senior adviser Kevin Hassett discusses the impact of the COVID-19 stimulus on tax increases and his outlook for the economy. The Federal Reserve told U.S. banks that capital requirements…

Westpac to sell lenders mortgage insurance business to Arch Capital

Fox Business Flash top headlines are here. Check out what’s clicking on FoxBusiness.com. Australia’s Westpac Banking Corp said on Thursday it will sell its lenders mortgage insurance (LMI) business to…

Blackstone, Starwood Capital team up in $6B purchase of hotel-operator Extended Stay

Fox Business Flash top headlines are here. Check out what’s clicking on FoxBusiness.com. Blackstone Group Inc. and Starwood Capital Group have agreed to acquire hotel owner and operator Extended Stay America Inc. for $6…

China slams US criticism of Hong Kong election changes, questions America’s ‘moral capital’

A Chinese official hit back Friday at U.S. criticism of planned election law changes in Hong Kong, noting the chaos surrounding the recent American presidential election.  Semi-autonomous Hong Kong is an internal Chinese issue…

Greensill Capital faces possible insolvency after Credit Suisse suspends investment funds: WSJ

Fox Business Flash top headlines are here. Check out what’s clicking on FoxBusiness.com. Specialty finance firm Greensill Capital headed toward a rapid unraveling after Credit Suisse Group AG suspended $10 billion of…

Huge losses on derivative trades at Geode Capital Management force hedge-fund business shutdown: WSJ

Fox Business Flash top headlines are here. Check out what’s clicking on FoxBusiness.com. Huge losses on derivative trades at Geode Capital Management have forced the giant investment firm to close…