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US labels Switzerland, Vietnam as manipulators in Trump parting shot WASHINGTON (Reuters) - The Trump administration called Switzerland and Vietnam currency manipulators on Wednesday, in another parting shot at international trading partners which could complicate matters for U.S. President-elect Joe Biden's incoming ...
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Euro hits two-year high, Switzerland named currency manipulator NEW YORK (Reuters) - Strong euro zone survey figures and hopes of progress on Brexit negotiations pushed the euro above $1.22 against the U.S. dollar on Wednesday for the first time since April 2018. FILE PHOTO: A U.S. Dollar banknote is seen in this ...
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GLOBAL MARKETS -Stocks hit record highs on vaccine, stimulus, Brexit deal hopes (Adds U.S. open, updates prices). * MSCI world stocks hit record highs. * Dow Jones Industrial Average down 0.1%; S&P 500 flat. * U.S. dollar at lowest since April 2018. * Federal Reserve policy announcement due. NEW YORK/LONDON, Dec 16 (Reuters) ...
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How do home tests for coronavirus work? Where can I get one? The Food and Drug Administration on Wednesday authorized another rapid coronavirus test for home use, this one called Abbott BinaxNOW — the third such test to be authorized in recent weeks. And more home tests are coming, with at least two dozen ...
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MacKenzie Scott Has Donated More Than $4 Billion In Last 4 Months MacKenzie Scott, the author and philanthropist, says she has given away more than $4 billion in the last four months. "This pandemic has been a wrecking ball in the lives of Americans already struggling," Scott wrote in a post on Medium announcing the ...
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Why we started an airline during a pandemic (CNN) — For many airlines, 2020 has been a precarious year -- with carriers navigating not just how to keep employees and passengers safe, but also how to avoid bankruptcy and layoffs as the pandemic grinds global air traffic to a halt. No one, you'd think, ...
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Crypto Observers Debate What's Next After Bitcoin Hits Record This time is different has been a recurring theme during the boom and bust periods of Bitcoin's little more than a decade long existence. With the largest cryptocurrency topping $20,000 for the first time, the mantra is growing louder. Dave Weisberger ...
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Fed commits to keep buying bonds until the economy gets back to full employment Following its two-day meeting, the Federal Reserve on Wednesday committed to continue buying bonds until the economy reaches full employment and inflation stays at 2%. The Fed also voted, as expected, to hold short-term borrowing rates near zero.
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This family traded all their gold for bitcoin in 2017. That bet has nearly tripled as bitcoin breaks above $20000 In the Dutch town of Venray, Didi Taihuttu decided to make his first big gamble on bitcoin. In early 2017, the father of three searched every corner of his five-bedroom house, gathering the family's supply of gold jewelry and trinkets. Taihuttu had a hunch that it ...
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Brent oil hovers around $50/bl on vaccine optimism and weaker dollar LONDON (Reuters) -Oil prices edged lower on Wednesday after a surprise gain in U.S. crude inventories and tighter coronavirus lockdowns in Europe but a weakening dollar and progress on the rollout of COVID-19 vaccines offered support. FILE PHOTO: A ...
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