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Wednesday, January 15, 2025

Tag: Currency

US Bond Yields Rise as Reserve Foreign money Standing Wanes

With a lot consternation, capital markets contributors are watching US treasury bond yields go up whereas Jerome Powell and the Fed proceed to decrease...

Iran’s forex was already tumbling − after which information of Trump’s victory broke

Iran’s forex, the rial, fell to an all-time low on Nov. 6. 2024 – buying and selling at above 700,000...

Microsoft Quarterly Earnings Show Slowest Growth in Five Years

Facing a strong U.S. dollar and weakening personal computer sales, Microsoft on Tuesday reported its slowest growth in five years.The technology giant posted an...

Global Central Banks Ramp Up Inflation Fight

Central bankers around the world are lifting interest rates at an aggressive clip as rapid inflation persists and seeps into a broad array of...

Euro Hits Parity With U.S. Dollar for First Time in 20 Years

Take a look: €1 = $1.With a war on the eurozone’s border, an uncertain energy supply from Russia and a growing risk of recession,...

Crypto Crash Widens Divide Between Rich and Amateur Traders

ENGLEWOOD, Colo. — The cryptocurrency market was in ruins. But Tyler and Cameron Winklevoss were jamming.The billionaire twins, best known for their supporting role...

Bitcoin Plummets Below $20,000 for First Time Since Late 2020

Square, another payments company, bought $50 million of Bitcoin and changed its name to Block, in part to signify its work with blockchain technology....

How Influencers Hype Crypto, Without Disclosing Their Financial Ties

Some of the projects that Mr. Armstrong promoted were small-time, experimental crypto ventures that eventually encountered problems. In those cases, he said, he considered...

Japan’s Economy Shrank 1 Percent as Consumers Fled Covid

TOKYO — Last December, after two years of stop-and-go growth, Japan’s economic engine seemed like it might finally be revving up. Covid cases were...

Justice Dept. Seizes $3.6 Billion in Bitcoin and Arrests Married Couple

WASHINGTON — The Justice Department said on Tuesday that it had seized over $3.6 billion worth of stolen Bitcoin and arrested a married couple...

They Made Millions on Luna, Solana and Polygon: Crypto’s Boom Beyond Bitcoin

Brenda Gentry, 46, a cryptocurrency speculator from San Antonio, said she started buying Bitcoin in 2020 before switching her focus to lesser-known tokens like...

Maya Angelou Becomes First Black Woman on a Quarter

The writer and poet Maya Angelou has become the first Black woman to have her likeness depicted on the quarter, the first in a...

Banks Tried to Kill Crypto and Failed. Now They’re Embracing It (Slowly).

Just as it does for stock and bond prices, Goldman recently began posting digital asset prices on its Marquee platform for big clients like...

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