Bitcoin slides on Biden drama, risk of sales linked to Mt. Gox
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"No Coffee For You!"
That morning “cup o’ joe” may fall victim to the E.U.’s new supply chain laws. The supply chain is the…
Germany Blocks MAN’s Sale of Gas Turbine Business to China
Citing national security concerns, Germany plans to block the proposed sale of MAN Energy Solutions’ gas turbine business to a…
Meyer Werft Agrees with Union to Reorganization as Part of Proposed Bailout
Germany cruise ship builder Meyer Werft and the union IG Metall reached important agreements as the first step toward a…
US overnight funding rate hits highest since January
A measure of the borrowing costs on loans between banks and other participants in the U.S. repurchase agreement (repo) market…
Fed’s Williams skeptical neutral rate has risen
Federal Reserve Bank of New York President John Williams said on Wednesday that the level of interest rates that’s neutral…
Euro zone business growth slowed sharply in June, PMI shows
Overall business growth across the euro zone slowed sharply last month as a solid expansion in the bloc’s dominant services…
US service sector sags in June as orders sink
A measure of U.S. services sector activity slumped to a four-year low in June amid a sharp drop in orders,…
US trade deficit widens in May on weak exports
The U.S. trade deficit widened for a second straight month in May amid a decline in exports, indicating that trade…