PRECIOUS-Gold steady as hopes of lockdown easing lifts stocks; focus on Fed

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PRECIOUS-Gold steady as hopes of lockdown easing lifts stocks; focus on Fed

(Updates prices) * U.S. Fed policy decision due at 1800 GMT * Worldwide coronavirus cases at over 3.1 million * For an interactive graphic tracking the global spread, open tmsnrt.rs/3aIRuz7 in an external browser By Brijesh Patel April 29 (Reuters) – Gold …
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Future of Finance: CBDCs Offer the New Architecture of Bank Accounts

Stablecoins and central bank digital currencies have the potential to replace, or at least dramatically improve, bank accounts as they are today.
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Bentley to restart production at Crewe on May 11

Bentley is to resume production at its Crewe manufacturing site on May 11. Implementing a plan that marks ‘the biggest change to daily working life in the company’s 100-year history’, Bentley has outlined a phased-in approach to production and …
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US economy shrank 4.8 percent in first quarter, the biggest decline since the Great Recession

The fallout from the deadly coronavirus caused the U.S. economy to contract 4.8 percent from January through March, the deepest decline since the depths of the financial crisis more than a decade ago, the Commerce Department said Wednesday. The U.S. …
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Oil prices rise after smaller than feared US inventories build

LONDON (Reuters) – Oil prices gained on Wednesday after U.S. stockpiles rose less than expected and gasoline stocks fell, with support also coming from hopes that demand will improve as some European countries and U.S. cities moved to ease …
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