Rolled Euro banknotes are placed on U.S. Dollar banknotes in this illustration taken May 26, 2020. REUTERS/Dado Ruvic/Illustration The dollar fell against major currencies on Friday as U.S. yields languished and the euro got an extra late-day lift following a earlier boost from an upbeat survey of purchasing managers. The dollar index fell 0.5% to…
The Transportation Department hired a top science advisor, a post that was vacant for over 40 years. The Democratic National Committee made moves on 10 communications pros. Trump administration alum Ben Carson now has a consulting gig. See more stories on Insider’s business page. Robert C. Hampshire is filling a job in the federal government…
The exchange rates and logos of Bitcoin (BTH), Ether (ETH), Litecoin (LTC) and Bitcoin Cash (BCH) are seen on the display of a cryptocurrency ATM of blockchain payment service provider Vaerdex at the headquarters of Swiss Falcon Private Bank in Zurich, Switzerland May 29, 2019. REUTERS/Arnd Wiegmann Cryptocurrency Ether pulled back sharply from a record…
NEW YORK (Reuters) – The U.S. dollar rose against major currencies on Thursday as a shot of positive economic news contrasted with comments from the European Central Bank that euro zone weakness still requires the support of its current pace of bond purchases. FILE PHOTO: The reverse image of United States President George Washington is…
People walk in front of Casino Lisboa in Macau, China December 21, 2019. REUTERS/Jason Lee Macau’s plans to use China’s future digital currency will help Beijing curb money laundering in the world’s top gambling hub but could deal a fatal blow to casino junket operators. These companies, who help lure high rollers to Macau, have…
FinanceMastercard announces an investment and a partnership in Black-owned businessesPublished Tue, Apr 20 20217:00 AM EDTUpdated 6 Hours AgoFrank Holland@in/frank-holland-b9657883/@FrankCNBCShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via EmailKey PointsMastercard announced a multimillion dollar investment in the venture capital Fearless Fund and a debit card partnership with new fintech firm Greenwood.Fearless Fund…
TechChina may test its digital currency with foreign visitors at the 2022 Beijing Winter OlympicsPublished Sun, Apr 18 202110:49 PM EDTArjun Kharpal@ArjunKharpalShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via EmailKey PointsChina is trying to make it possible for foreign athletes and visitors to use its digital currency during the Beijing Winter…
Hello, and welcome to this week’s edition of the Insider Tech newsletter, where we break down the biggest news in tech, including: Jeff Bezos’ farewell call to armsCoinbase’s new $13 billion manSnapchat and Instagram’s drug problemDid someone forward this newsletter to you? Sign up here.Soundtrack: This week’s newsletter has been specially designed to be consumed…
Nigeria will no longer provide foreign currency for importers of sugar and wheat, the central bank said on Twitter on Friday, as the country tries to conserve national dollar reserves. Africa’s most populous country, and its biggest economy, relies on imports to feed its 200 million people. The central bank restricted access in 2015 to…
Share to FacebookShare to TwitterShare to LinkedinBitcoin has suddenly surged higher, climbing firmly above $60,000 per bitcoin for the first time since mid-March. The bitcoin price hit highs of $61,222 on the Luxembourg-based Bitstamp exchange before falling back slightly, a rise of 5% on the last 24 hours. Meanwhile, ethereum, the second-largest cryptocurrency after bitcoin,…