The euro moved another step closer to parity on Monday, with traders betting that high inflation leaves the region’s central bank unable to stop a recession as war rages in Read more
Tag: Money/Currency Markets
Will Coinbase go bankrupt? Crypto CEO says there is ‘no risk of bankruptcy’
““We have no risk of bankruptcy.”” That’s a quote from Brian Armstrong, chief executive and co-founder of cryptocurrency exchange platform Coinbase COIN, -5.54%. In a series of tweets on May Read more
These companies hopped on the crypto train when times were booming. Which are exposed in a downturn?
During recent cryptocurrency booms, companies have been quick to jump on the trend, whether by reorienting their entire businesses around the buzzy theme, building meaningful crypto features alongside more traditional Read more
Weekend reads: What’s going on in your local housing market?
Rising interest rates are having an effect on the housing market — inventories of homes for sale are rising. Katie Mariner has developed a new tool that shows data for Read more
Your retirement portfolio is fundamentally flawed: GMO
All across America, retirees and near-retirees are reeling. They were assured by simplistic “McMoney” financial advisers that bonds were “safe,” that bond returns were steady and predictable, and that a Read more
Fed’s Williams says there may be ‘bumpy road’ getting inflation back down to 2% target
New York Federal Reserve President John Williams on Friday said it was “absolutely essential for the economy” to bring inflation back down to the central bank’s 2% longer-run goal, but Read more
Is your crypto with Celsius or Voyager? Factors that determine whether you may get your money back
Hello! Welcome back to Distributed Ledger, our weekly crypto newsletter that reaches your inbox every Thursday. I’m Frances Yue, crypto reporter at MarketWatch, and I’ll walk you through the latest Read more
Fed’s Bullard says there is a ‘good chance’ of a soft landing for U.S. economy
St. Louis Federal Reserve President James Bullard on Thursday said he didn’t see a U.S. recession on the horizon. “We’ve got a good chance of a soft landing here going Read more
U.S. trade deficit narrows in May to lowest level of the year
The news: The U.S. international trade deficit narrowed 1.3% in May to $85.5 billion, the Commerce Department said Thursday. Economists surveyed by The Wall Street Journal had predicted the deficit Read more
Why sterling’s bounce was so tepid — Boris Johnson’s replacement faces an economy at risk of recession
The political uncertainty is, if not over, at least reduced: U.K. Prime Minister Boris Johnson announced he is resigning. The pound GBPUSD, +0.44% did rise, moving to as high as Read more