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Bitcoin and other cryptocurrencies continued their rally on Friday as digital assets neared peaks reached last month. Crypto bulls are looking for Bitcoin to finish the week above a key level, which, if accomplished, could pave the way for more gains. The price of Bitcoin has jumped 4% over the…

© Reuters. FILE PHOTO: Swiss Finance Minister Ueli Maurer attends a news conference in Vienna, Austria, August 25, 2020. REUTERS/Leonhard Foeger/File Photo ZURICH (Reuters) – A temporary nationalisation was never a realistic option for embattled Swiss lender Credit Suisse, former finance minister Ueli Maurer told Swiss newspaper SonntagsZeitung, defending his…

By Gertrude Chavez-Dreyfuss NEW YORK (Reuters) -The dollar slid from a fresh three-month high against a major currency basket on Wednesday, as investors consolidated gains following the previous session’s hotter-than-expected U.S. inflation report. The inflation data for January pushed back bets on a first Federal Reserve rate cut to the…

By Carolina Mandl, Amruta Khandekar and Ankika Biswas (Reuters) -U.S. stocks fell on Friday with the Nasdaq showing the largest decline after a hotter-than-expected producer prices report eroded hopes for imminent interest rate cuts by the Federal Reserve. A Labor Department report showed producer prices increased more than expected in…

Munich, GERMANY — Should we borrow from global markets as one combined entity and raise new debt together?That’s the question hanging on the shoulders of EU officials as they promise to spend more on defense amid Russia’s onslaught in Ukraine.This debate is not new — and it is historically complex.For…

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