Pound to euro exchange rate: Sterling ‘advances’ as Italy plunges into recession

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 […]

Dow Jones plunges nearly 500 points as govt shutdown looms over border wall money

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 plunges after saying it saw ‘significant declines in Under Armour sales’ (DKS)

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 […]

Wells Fargo plunges after being hit with a rare growth ban by the Fed (WFC)

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 […]

Bitcoin’s price plunges amid broad cryptocurrency sell-off

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 […]

Bitcoin plunges by 30% after record high of $20,000

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 […]

Pound to euro exchange rate: Sterling PLUNGES after interest rate UPDATE

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 […]