Live, rolling coverage of business, economics and financial markets as McDonald’s faces pressure to cut prices and lure back customers. Bitcoin hits six-week high on Trump support for crypto 14:56 Bitcoin prices have jumped to a six-week high,
Crypto is emerging as an electoral issue. Some say it’s typical ‘pay-to-play Washington politics.’
“The industry likes to say that this is true proof that there's a so-called crypto voter, that crypto is a major election outcome or a major election issue. But I just feel like it's sort of the same old pay-to-play Washington politics,” Hays added.
Japan’s Nikkei rebounds in broad-based buying after Wall Street comeback
TOKYO: Japan’s Nikkei share average rebounded on Monday from a three-month low hit in the previous session, after Wall Street closed higher at the end of last week on a benign inflation report. The ...
Yen eases as Nikkei jumps, central bank meetings loom
Last week, the dollar sank 2.36% against the yen for its worst weekly performance since late April. On Monday, Japan's Nikkei stock average (.N225), opens new tab jumped more than 2%. Speculation has ...
Nikkei stock index snaps 8-day losing streak on bargain-hunting
The Nikkei stock index snapped an eight-day losing streak on Monday, climbing over 2 percent as investors sought battered auto and el ...
Bank of Japan Meets as Volatile Yen, Sluggish Economy Fuel Rate Hike Debate
With policymakers split on whether rate hikes will help or hurt consumer spending, question marks remain around what the Bank of Japan will do to bolster the economy.
Japan OKs FY 2025 budget request guidelines amid inflation, weak yen
Japan's Cabinet on Monday approved guidelines to compile next fiscal year's budget, allowing government offices to request funds without specifying the amount if they are intended to support wage ...
Japan’s top council urges govt, BOJ to guide policy with eye on weak yen
Japan's government and central bank must guide policy by taking into careful consideration recent yen weakness that is hurting consumption, the government's top economic council said on Monday.
Japan to achieve primary budget surplus next year, govt estimate shows
Japan will achieve a goal of running a primary budget surplus next year for the first time since it was introduced in 2002, a government estimate showed on Monday, as improvements in the economy and ...
Yen eases after demands sap, Nikkei jumps amid central bank meetings loom
Speculation has grown that the Bank of Japan will raise interest rates on Wednesday at the same time as significantly reducing its monthly bond purchases ...
Japanese Yen gains ground due to a potential rate hike by the BoJ
The Japanese Yen (JPY) continues to gain ground on Monday as traders remain cautious ahead of the Bank of Japan’s (BoJ) policy meeting on Wednesday which could see a potential rate hike. Markets are ...
What Ether ETFs Mean For Crypto Adoption
Ether ETFs are going to bring big changes to the crypto marketplace. . Slowly, and then all at once seems to be an apt way to describe the pace with which crypto ETFs
Trump, who once trashed bitcoin as ‘based on thin air,’ addresses crypto’s largest convention
Donald Trump will address the cryptocurrency industry’s largest annual gathering here in Nashville not as a cynic but as one of its best-known supporters.
Crypto Analyst Identifies Reason Why XRP Price Fell Below $0.60
We write helpful technology guides, unbiased product reviews, and report on the latest tech and crypto news. We maintain editorial independence and consider content quality and factual accuracy to be non-negotiable. Nevertheless, XRP has shown remarkable ...
Kamala Harris’s advisers reportedly reach out to crypto industry with ‘pro-business, responsible business’ message
Advisers to Vice President Kamala Harris's campaign have been contacting key players in the crypto industry to develop relationships that could eventually inform a regulatory framework, sources told the Financial Times.
JPY Mixed as Traders Digest Tokyo July Inflation Data
JPY was mixed against other G-10 and Asian currencies in the morning session as traders digest Tokyo July inflation data released earlier.