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Crypto exchange Bittrex files for bankruptcy, weeks after SEC complaint

Crypto exchange Bittrex said on Monday that it has filed Chapter 11 bankruptcy in federal court in Delaware, less than a month after the Securities and Exchange Commission charged the company with operating as a securities exchange, broker, and clearing agency without registering with the agency. Bittrex ceased all operations in the U.S. effective April 30, according to a statement. Bittrex Global will continue its operations targeting customers outside of the U.S., according to the company.

What does weak stock-market breadth mean for your portfolio? Here’s what one Wall Street analyst found.

Stocks end mixed ahead of inflation data

Treasury yields rise after Fed survey shows banks reported tighter lending standards; inflation data looms

The 2-year Treasury yield rises on Monday, extending the gain seen at the end of last week following a stronger-than-expected April jobs report.

Lucid stock drops 9% after EV startup dials down production guidance

PayPal logs earnings beat, but stock falls as margin talk underwhelms

Google will pay roughly $100 million to New York Times over three years in distribution deal: WSJ

The New York Times Co. NYT will receive around $100 million from Alphabet Inc.’s GOOGGOOGL Google in a deal announced earlier this year that would put the media outlet’s content on Google News and other platforms, the Wall Street Journal reported on Monday. That sum, which Google will pay out over three years, wasn’t disclosed by the Times when it announced the arrangement this year, the Journal said. The Journal said that part of the deal includes the Times’ involvement in Google News Showcase, a platform available in some nations outside the U.S. that pays media companies to showcase their published output. The deal, the Journal noted, comes as the media industry deals with a weaker digital-ad market, and after many publications criticized Google and Meta Platforms Inc.’s META Facebook for not paying the outlets to feature their work.