Everything you need to know about Libra, Facebook's ambitious cryptocurrency

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Everything you need to know about Libra, Facebook's ambitious cryptocurrency

Facebook is planning to launch a cryptocurrency it hopes will “transform the global economy.” The currency, named Libra, is being developed by Facebook, but the company intends to share control with a consortium of organizations, including venture capital …
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S&P 500 climbs to new record high

The Standard & Poor’s 500 index closed at a new all-time high Thursday as stocks’ broad rally on Wall Street rolled on. The milestone — which eclipsed the benchmark index’s last record close, reached April 30 — underscores the market’s swift rebound this …
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Bloomberg Daybreak: June 20, 2019 – Hour 2 (Radio)

Bloomberg Daybreak: June 20, 2019 – Hour 2 (Radio). June 20, 2019 — 4:06 AM PDT. Share on FacebookShare on Twitter · Share on LinkedInShare
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Retailers JCPenney, Macy's oppose proposed tariffs on apparel, footwear

(Reuters) – Department store operators J.C. Penney Co Inc and Macy’s Inc have opposed U.S. President Donald Trump’s proposal to include apparel and footwear among the Chinese goods targeted for tariffs. The companies warned that U.S. consumers …
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RBI's MPC is united on rate cuts, but divided on fiscal stance, show minutes

Members of the Reserve Bank of India’s Monetary Policy Committee (MPC) voted unanimously to lower interest rates and ease the policy stance for its 6 June monetary policy review, citing concerns about economic growth. Governor Shaktikanta Das, for …
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