European central bankers claim oversight over Facebook’s cryptocurrency
Three European central bankers are claiming oversight over Facebook's planned virtual currency to ensure it will not jeopardize the financial system or be used to launder money.
Three European central bankers are claiming oversight over Facebook's planned virtual currency to ensure it will not jeopardize the financial system or be used to launder money.
U.S. stock index futures dipped on Friday, after a strong rally in the prior session that helped the S&P 500 hit a record high, as rising tensions between the United States and Iran kept investors on edge.
Brent oil rallied above $65 per barrel and was set to notch up a 6% gain this week on fears of a U.S. military attack on Iran that would disrupt flows from the Middle East, which provides more than a fifth of the world's oil output.
Shares of Micron Technology fell on Friday after J.P. Morgan lowered its outlook for the chipmaker due to the U.S. restrictions on Huawei.
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Brent oil rallied above $65 per barrel on Friday and was on track for a 5% gain this week on fears of a U.S. military attack on Iran that would disrupt flows from the Middle East, which provides more than a fifth of the world's oil output.
The Givling app has attracted a large and loyal following of borrowers hoping for relief from decades of monthly loan payments. It might be making their situations worse.
In a statement Friday, Bullard explains his vote against the decision to leave its benchmark interest rate unchanged.
U.S. markets regulators on Friday unveiled an agreement on how much capital and margin firms must hold when trading swaps based on securities, finalizing a key piece of the 2010 Dodd-Frank law introduced following the 2007-09 financial crisis.
The U.S. Federal Aviation Administration (FAA) issued an emergency order on Thursday prohibiting U.S. air carriers from flying in Iran-controlled airspace over the Strait of Hormuz and Gulf of Oman due to heightened tensions.
U.S. stocks opened modestly lower on Friday, as rising tensions between the United States and Iran kept investors on edge, taking the shine off a rally in the prior session that pushed the S&P 500 to a record high.
Huawei smartphone sales in Western Europe have risen "in the past few days" as customers grow more confident the Chinese company will weather U.S. sanctions imposed last month, an executive for the Chinese firm said on Friday.
Former Barclays CEO John Varley was acquitted of fraud charges on Friday after senior judges said there was insufficient evidence against him in a case about Qatari cash injections that saved the bank from a state bailout in 2008.
New legislation called the Secure Act could usher in the biggest changes to retirement law since 2006. But one sticking point — the use of 529 savings plans to fund home schooling and special needs care — could be holding it up.