The sportswear company, which cut ties with Kanye West over his antisemitic remarks, will donate proceeds from its $1.3 billion inventory of Yeezy-brand sneakers and other goods.
Investors were alarmed at suggestions by Jerome Powell, the Federal Reserve’s chairman, that interest rates could go even higher in a bid to halt inflation.
Cryptocurrency executives worry that charges against Kraken, a popular exchange, over the business known as staking would further chill their industry.