Prosecutors behind a sweeping U.S. crackdown on market “spoofing” scored a big win Friday when former Deutsche Bank AG traders Cedric Chanu and James Vorley were convicted of fraud for manipulating gold and silver prices.
State unemployment agencies have borrowed $32 billion and counting from the U.S. Treasury to pay record-high jobless benefits claimed during the coronavirus pandemic. Repaying that debt is likely to involve raising the unemployment taxes that employers pay.
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