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Dollar gains after week of losses, Bitcoin hovers near record high

(Reuters) -The dollar rose on Friday from two-and-a-half-year lows as some investors squared positions heading into year-end, while Bitcoin edged lower but still hovered near its all-time high. FILE PHOTO: U.S. dollar banknote is seen in this picture ...

More Hacking Attacks Found as Officials Warn of 'Grave Risk' to US Government

WASHINGTON — Federal officials issued an urgent warning on Thursday that hackers who American intelligence agencies believed were working for the Kremlin used a far wider variety of tools than previously known to penetrate government systems, and ...

FDA OKs the Moderna Covid Vaccine, Adding Millions More Doses to the US Supply

The Food and Drug Administration on Friday authorized the coronavirus vaccine made by Moderna for emergency use, allowing the shipment of millions more doses across the nation and intensifying the debate over who will be next in line to get inoculated.

Fed Lets Banks Restart Stock Buybacks Following Stress Tests

Bloomberg

Bloomberg

The Federal Reserve gave Wall Street banks the green light to resume billions of dollars of stock buybacks, noting that the industry has held up well during the coronavirus pandemic. While lenders remain barred from boosting their dividends in the first quarter ...

Facebook and Google cases are our last chance to save the economy from monopolization

The titans of Big Tech are right about one thing: the illegal things the government now accuses them of doing — expanding product lines, buying up rivals or trying to drive them out of business — sure sound a lot like what successful companies in competitive ...

Fed to allow big banks to resume share buybacks, with limitations

The Fed announced on Friday that it will allow the nation's largest banks to resume share buybacks in the first quarter of 2021 subject to certain rules. · The partial relaxation of its buyback ban came after the Fed's second round of stress tests in 2020.

Traders brace for wild action and historic volume ahead of Tesla's entry into the S&P 500

Electric vehicle maker Tesla is poised to enter the S&P 500 in what will be the largest rebalancing in the history of that index. The new index with Tesla in it begins trading on Monday, but all the trading action happens at the close on Friday. The trading volume ...

BOJ to look at more effective ways to resolve inflation conundrum, extends fund scheme

TOKYO (Reuters) - The Bank of Japan on Friday unveiled a plan to examine more effective ways to achieve its 2% inflation target, following in the foot steps of its U.S. and European peers as a renewed spike in infections threatened to derail a fragile recovery.

The Trump administration's latest deregulation target: Frozen cherry pie

The Trump administration has taken steps to roll back some pretty high-profile rules. You might have heard of its moves to eliminate the ban on drilling for oil on public land, or maybe anti-fracking rules, or the Deferred Action for Childhood Arrivals policy.

Oil slips as surge in COVID-19 cases threatens demand

MELBOURNE/SINGAPORE (Reuters) - Oil prices slid from nine-month highs on Friday, with soaring COVID-19 cases seen as a threat to near-term fuel demand and a strengthening of the U.S. dollar also having a negative impact. FILE PHOTO: The sun is ...