In bankrupt Lebanon, locals mine bitcoin and buy groceries with tether, as $1 is now worth 15 cents
Aerial view of the seafront Manara district near downtown Beirut. Bilwander | Getty Images When Georgio Abou Gebrael first heard…
Aerial view of the seafront Manara district near downtown Beirut. Bilwander | Getty Images When Georgio Abou Gebrael first heard…
LONDON — The Bank of England remains committed to its “key goal” of bringing down inflation, but hopes markets will…
Traders in London. DANIEL LEAL-OLIVAS | AFP | Getty Images LONDON — The British pound is on firmer footing since…
Netflix shares skyrocketed more than 14% after the bell Tuesday as the company posted better-than-expected results on the top and…
Jerome Powell, chairman of the US Federal Reserve, during a Fed Listens event in Washington, D.C., US, on Friday, Sept.…
A security guard stands outside the London Stock Exchange building on December 29, 2020. Tolga Akmen | AFP via Getty…
The Bank of England on Wednesday launched a historic intervention in the U.K. bond market in order to shore up…
Britain’s Prime Minister Liz Truss and Britain’s Chancellor of the Exchequer Kwasi Kwarteng. Dylan Martinez | Afp | Getty Images…
Loading chart… Critics say those economic measures will disproportionately benefit the wealthy and could see the U.K. take on high…
Stocks fell sharply, bond yields rose and the dollar strengthened Friday as investors heeded the Federal Reserve’s signal that its…
The Japanese yen is hovering close to its weakest levels since 1998, and authorities have hinted at taking action to…
The Vikings of legend were fearless male warriors who raided coastal towns across Europe. But archaeological research shows that Viking…
Get your free subscription to Morning Brew at https://morningbrewdaily.com/economicsexplained Since the end of world war 2 the US dollar has…
President of the European Central Bank (ECB) Christine Lagarde speaks during a news conference following the ECB’s monetary policy meeting,…
The European Central Bank is increasing interest rates for the first time in 11 years. But in Italy, political turmoil…
A financial trader monitors data on computer screens as a desktop television shows euro currency banknotes at the Frankfurt Stock…
Japan’s national flag flies atop the Bank of Japan building on November 12, 2019 in Tokyo, Japan. Tomohiro Ohsumi |…
Bitcoin and and other cryptocurrencies are in free fall. Dan Kitwood | Getty Images Embattled cryptocurrency exchange CoinFlex will probably…