Fed’s Powell allays digital dollar anxiety as nations ramp up CBDC efforts
Federal Reserve Chair Jerome Powell says the U.S. is a “long way” from launching one, and even if it did, it wouldn’t spy on users.
Federal Reserve Chair Jerome Powell says the U.S. is a “long way” from launching one, and even if it did, it wouldn’t spy on users.
While stocks rip higher Thursday morning, gold (GC=F) is having another good morning as well. Yahoo Finance Senior Markets Reporter Jared Blikre observes the pricing momentum behind the commodity, taking a closer look at notable gold ETFs, silver prices (SI=F), and general market openings. For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live. Editor's note: This article was written by Luke Carberry Mogan.
The technology sector has been grabbing attention this year on continued artificial intelligence (AI) boom and strong corporate earnings. We have highlighted five ETFs from different industries in the tech space that are leading the way higher.
- The U.S. dollar retreated in early European trade Wednesday after Federal Reserve Chair Jerome Powell flagged progress towards bringing down inflation, while the...
-- Most Asian currencies steadied on Wednesday tracking some overnight weakness in the dollar after Federal Reserve Chair Jerome Powell flagged progress towards...
-- Chinese service sector activity grew less than expected in June, private purchasing managers index data showed on Wednesday, as local demand remained weak and...
-- Australian retail sales grew more than expected in May, boosted chiefly by bargain hunting as retailers took advantage of end-of-the financial year promotions and...
The co-founder of bankrupt Terraform Labs was first set to be extradited to the United States after lengthy court battles.
The HKMA’s latest CBDC project will look at tokenized deposits in tokenized asset transactions.
Binance is still accessible in the country even after a three-month countdown imposed by the Philippines SEC for banning unlicensed crypto trading platforms.