Financial News

US will be forced to curtail crypto if industry fails to act on illicit finance threats- official

US will be forced to curtail crypto if industry fails to act on illicit finance threats- official

Bitcoin coins are seen at a stand during the Bitcoin Conference 2023, in Miami Beach, Florida, U.S., May 19, 2023.…
Column-Fed starting gun for $6 trillion dash from cash: McGeever

Column-Fed starting gun for $6 trillion dash from cash: McGeever

FILE PHOTO: The Federal Reserve headquarters in Washington September 16 2015. REUTERS/Kevin Lamarque/File Photo   By Jamie McGeever ORLANDO, Florida…
US Congress vows to pass massive defense bill, culture wars loom

US Congress vows to pass massive defense bill, culture wars loom

FILE PHOTO: The dome of the U.S. Capitol building is seen on a rainy day as the deadline to avert…
Rate cut hopes buoy U.S. stocks ahead of uncertain 2024

Rate cut hopes buoy U.S. stocks ahead of uncertain 2024

FILE PHOTO: The Charging Bull or Wall Street Bull is pictured in the Manhattan borough of New York City, New…
JPMorgan strategists see ‘challenging’ backdrop for US stocks in 2024

JPMorgan strategists see ‘challenging’ backdrop for US stocks in 2024

Traders work on the floor at the New York Stock Exchange (NYSE) in New York City, U.S., November 16, 2023.…
US economic activity slowed in recent weeks, Fed survey shows

US economic activity slowed in recent weeks, Fed survey shows

FILE PHOTO: Federal Reserve Board building on Constitution Avenue is pictured in Washington, U.S., March 19, 2019. REUTERS/Leah Millis/File Photo…
Atlanta Fed President Bostic sees potential end to rate hikes

Atlanta Fed President Bostic sees potential end to rate hikes

ATLANTA — Federal Reserve Bank of Atlanta President Raphael Bostic expressed optimism about the inflation outlook, suggesting that the central…
Current policy rate lets Fed be ‘nimble’ with incoming data, Mester says

Current policy rate lets Fed be ‘nimble’ with incoming data, Mester says

Loretta Mester, president of the Federal Reserve Bank of Cleveland, speaks during an interview in Manhattan, New York, U.S., August…
Fed’s Bostic sees slower growth, falling inflation pressures

Fed’s Bostic sees slower growth, falling inflation pressures

President and chief executive officer of the Federal Reserve Bank of Atlanta, Raphael Bostic speaks at the South African Reserve…
Sri Lanka secures key debt restructuring deal with major creditors

Sri Lanka secures key debt restructuring deal with major creditors

Sri Lanka has reached a pivotal agreement with a consortium of international creditors, including China, India, and Japan, to restructure…
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