Owning Tesla shares about the riskiest it has ever been

NEW YORK: Owning electric carmaker Tesla Inc’s  shares is close to the riskiest it has ever been, data by options database and analytics firm OptionMetrics showed on Wednesday. More than a month since Chief Executive Elon Musk tweeted a proposal to take the company private, only to abandon the idea…

Dow, S&P 500 end up after trade talk news; Apple slips

NEW YORK: The Dow and S&P 500 ended slightly higher on Wednesday after news of a fresh round of U.S.-China trade talks, while the Nasdaq fell following a decline in Apple as it unveiled larger iPhones but made just minor changes to its offerings. The Trump administration has reached out…

CFTC Approves LedgerX Bitcoin CCP

Long-awaited ruling shows digital currencies are pushing for institutional-grade market structure. The top US derivatives regulator has granted approval for a bitcoin clearinghouse—the first entity of its kind and a major step forward in bringing institutional-grade infrastructure to the volatile digital currencies asset class. The US Commodity Futures Trading Commission (CFTC) gave…