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The pound has climbed against the euro after figures showed Italy fell into recession at the end of 2018, while German consumers stopped spending in December. Sterling has endured a political rollercoaster this week after MPs voted in Parliament on Brexit for Prime Minister Theresa May to return to Brussels to try and thrash out […]
The Dow Jones fell almost 500 points to more than a year’s lows as concerns grew over a partial government shutdown after US President Donald Trump signaled he would not sign a spending bill without funds for a border wall. Shares had already been plunging since the Federal Reserve raised its benchmark lending rate on […]
Dick’s Sporting Goods beat on earnings, but missed on sales. The sporting-goods retailer raised its full-year guidance, but to less than what analysts were expecting. Shares are tumbled in pre-market trading. Watch Dick’s Sporting Goods trade in real-time here. Dick’s Sporting Goods plunged as much as 14% in pre-market trading on Wednesday as a slowdown in Under […]
REUTERS/Noah Berger Wells Fargo & Company said Friday it has been hit with a cease and desist order from the Federal Reserve limiting its assets to $ 1.95 trillion. Shares of the bank, which have already struggled to grow amid a fake account scandal uncovered in 2016, opened down more than 9% Monday morning. You […]
Och-Ziff Capital Management faces turmoil as founder Daniel Och upends plan for James Levin to succeed him as head of the U.S.’s largest publicly traded hedge fund. Behind the rift: money and control.
DANA White has refused to confirm that Conor McGregor has been stripped of the UFC lightweight title – yet also claims that the winner of Tony Ferguson vs Khabib Nurmagomedov at UFC 223 will be the 155-pound champion. White confirmed that Ferguson and Nurmagomedov would meet as the main event of a Brooklyn card on […]
Josue Decavele/Reuters Cryptocurrencies dominated the markets on Friday. Bitcoin ended its worst week since 2013 with a plunge to below $ 11,000 in a reversal that skeptics — and even some investors — had expected after a breathtaking surge. The cryptocurrency was down by as much as 45% from its recent high of nearly $ […]
Enlarge (credit: Bitcoincharts.com) After rocketing to a high above $ 19,500 last Sunday, bitcoin’s price has been steadily dropping this week. Those losses accelerated overnight, with the cryptocurrency falling below $ 13,000. Bitcoin’s losses come amid a broad cryptocurrency selloff. As of Friday morning, every major cryptocurrency was posting double-digit 24-hour losses. Ethereum is down […]
Published time: 22 Dec, 2017 06:59 Edited time: 22 Dec, 2017 07:07 The price of bitcoin fell to less than $ 13,080 on Friday morning, according to CoinDesk.com. That makes an 18-percent drop since its previous slide, and more than 30 percent since it reached the historic 20k mark last week. The cryptocurrency has experienced […]
The exchange rate is this morning buying €1.106 after sliding from €1.120 seen yesterday. Sterling has taken a hit after the Bank of England revealed the results of its meeting on UK interest rates. The Bank decided to keep its historic low rates on hold, with a vote of 6-2 to replace the last vote […]
