Here are the most important news items that investors need to start their trading day.
. After bringing charges against the world's biggest crypto exchange on Monday, the Securities and Exchange Commission on Tuesday sued publicly traded Coinbase, saying it has "defied the regulatory structures and evaded the disclosure requirements" of securities laws. Shares of the crypto firm fell 12% Tuesday after already falling 9% Monday following the SEC's action against Binance.
in federal court because many of their vehicles are too easy to steal. "In electing profits over safety and deviating from industry norms by not including engine immobilizers as a standard safety feature, Defendants created and maintained a public nuisance," the city said in a legal filing. Hyundai and Kia vehicles became the subject of TikTok videos that showed an easy way to hotwire and steal them, leading to a huge surge in vehicle thefts in cities.
– CNBC's Samantha Subin, Lillian Rizzo, Jessica Golden, Rohan Goswami, Emma Newburger and Jihye Lee contributed to this report.
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