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Forex News

Monday March 20, 2023

The Fed is blowing up our financial system, says Strike founder & CEO Jack Mallers

Jack Mallers, Strike founder and CEO, joins ‘Power Lunch’ to discuss Bitcoin as the cryptocurrency topped $28,000 for the first time in 9 months.

Friday March 17, 2023

We are moving toward a post-U.S.-dollar world, says Rockefeller International's Ruchir Sharma

Ruchir Sharma, Rockefeller International chairman, joins 'Closing Bell: Overtime' to discuss the geopolitical risk to the market and the future of the U.S. dollar as the world's reserve currency.

Wednesday March 08, 2023

Fed Chair Powell: Our status as the world's reserve currency is not under threat right now

Fed Chair Powell discusses the dollar's status as the world's reserve currency during his semi-annual monetary report to the House Financial Services Committee.

Wednesday March 08, 2023

Fed Chair Powell: U.S. dollar is the only serious candidate for the world's principal reserve currency

Fed Chair Powell discusses the U.S. dollar during his semi-annual testimony in front of the House Financial Services Committee.

Markets & Economics

Monday March 20, 2023

Fed poised to approve quarter-point rate hike this week, despite market turmoil

Chairman Jerome Powell and his fellow central bankers will want to signal that i...

Thursday March 16, 2023

One year after the first rate hike, the Fed stands at policy crossroads

The Fed in some ways is both closer and further away from its goals when it firs...

Thursday March 16, 2023

European Central Bank hikes rates despite market mayhem, pledges support if needed

Some market players questioned whether President Christine Lagarde would proceed...

Thursday March 16, 2023

Long-awaited Fed digital payment system to launch in July

FedNow creates "a leading-edge payments system that is resilient, adaptive, and ...

Canadian Business

Thursday - Mar 23, 2023

Zellers relaunches 12 stores across Canada today ...

ZELLERS SCARBOROUGH RELAUNCH

A dozen Zellers locations were opened across Canada on Thursday, a decade after the discount chain vanished from Canada's retail landscape.

Thursday - Mar 23, 2023

CRTC asked to probe recent cellphone roaming fee h...

UK ROAMING

Industry Minister Francois-Philippe Champagne has asked the federal telecommunications regulator to look into wireless roaming fees, saying he's concerned about companies hiking their rates while phone bills in other jurisdictions are generally declining.

Thursday - Mar 23, 2023

TikTok CEO finds no allies among U.S. lawmakers in...

TikTok Congress

The CEO of TikTok made a high-profile appearance on Thursday before a U.S. congressional committee, where he faced a grilling on data security and user safety amid a recent flurry of actions from Western governments to curtail use of the app.

Thursday - Mar 23, 2023

Crisis lessons for U.S. Federal Reserve as Powell ...

USA-STOCKS/

Central banks must feel their way as the lagging effect of previous interest rate hikes hit the economy at the same time as the impact of bank crashes. While bankers are wary of new regulations, the Fed needs to learn enough to keep new cracks from appearing.

Wednesday - Mar 22, 2023

U.S. central bank raises interest rate again...

Jerome Jay Powell

The U.S. Federal Reserve has decided to raise its benchmark interest rate by a quarter of a percentage point, the ninth consecutive hike in the U.S. central bank's fight against inflation.

Wednesday - Mar 22, 2023

Shake Shack plans to expand to Canada next year...

SHAKE SHACK

Shake Shack Inc. is expanding to Canada, with its first location planned for Toronto next year.