Forex News
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.
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.
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.
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
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...
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...
European Central Bank hikes rates despite market mayhem, pledges support if needed
Some market players questioned whether President Christine Lagarde would proceed...
Long-awaited Fed digital payment system to launch in July
FedNow creates "a leading-edge payments system that is resilient, adaptive, and ...
Canadian Business
Zellers relaunches 12 stores across Canada today â...
A dozen Zellers locations were opened across Canada on Thursday, a decade after the discount chain vanished from Canada's retail landscape.
CRTC asked to probe recent cellphone roaming fee h...
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.
TikTok CEO finds no allies among U.S. lawmakers in...
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.
Crisis lessons for U.S. Federal Reserve as Powell ...
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.
U.S. central bank raises interest rate again...
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.
Shake Shack plans to expand to Canada next year...
Shake Shack Inc. is expanding to Canada, with its first location planned for Toronto next year.