Finance

Russia considers legalizing crypto for global payments as it faces ongoing sanctions

Illustrative image of two commemorative bitcoins seen in front of the national flag of Russia displayed on a computer screen. Artur Widak | Nurphoto | Getty Images Russia is considering legalizing the use of cryptocurrency for international payments as the country faces ongoing financial pressure from Western sanctions. The State Duma, which is the lower house…

Finance

Stocks making the biggest moves before the bell: McDonald’s, Tesla, Stellantis and more

Check out the companies making headlines in premarket trading. McDonald’s — Shares were down slightly in the premarket after the fast food giant reported second-quarter results that missed analyst expectations . McDonald’s also said its same-store sales — a key metric for restaurants — declined broadly. Revvity — Shares gained 6% after the life sciences…

Finance

China just expanded its efforts to boost consumption. Here are some stocks to watch

China has, in its own way, signaled it wants to support specific kinds of consumer purchases. Authorities on Thursday announced the equivalent of 300 billion yuan ($41.5 billion) in special bonds would go towards trade-ins and equipment upgrades — a significant expansion of an existing program. “Compared to previous policies on equipment upgrade and consumer…