Fed’s Evans says central bank should support workers who lose pay if coronavirus worsens

Economy8 hours ago (Mar 06, 2020 11:36AM ET) (Reuters) – Federal Reserve officials said they will consider various scenarios when they gather at their March policy meeting and that the most effective response will be one that supports workers who…

Friday Trepidation

Asian markets closed uniformly in the red this morning and now European markets are following in the same direction. With so much uncertainty about the global spread of the coronavirus and the fact that its spread in Europe and the…

Fed quarantines U.S. dollars repatriated from Asia on coronavirus caution

Forex9 hours ago (Mar 06, 2020 09:51AM ET) By Pete Schroeder and Anna Irrera WASHINGTON (Reuters) – The greenback faces the same fate as many travelers returning home from China and other coronavirus hot spots. The U.S. Federal Reserve has…

Why Divided Lebanon Has Left a Decision on Bond Default So Late

(Bloomberg) — Lebanon is undecided whether it should repay $1.2 billion of Eurobonds maturing on Monday or default for the first time in its history. Prime Minister Hassan Diab will meet his cabinet on Saturday and could make an announcement…

Treasury Yields Hurtle Toward Zero as Bets on Fed Cuts Mount

Forex12 hours ago (Mar 06, 2020 07:09AM ET) (Bloomberg) — Treasury yields plummeted to record lows Friday as concern about the global economic and financial impact of the coronavirus spurred demand for havens and traders amped up bets on further…

Forex – Dollar Extends Losses as Rate Premium Withers; U.S. Payrolls Eyed

Forex16 hours ago (Mar 06, 2020 02:51AM ET) (C) Reuters. By Geoffrey Smith Investing.com — The dollar extended its slide in early trading in Europe on Friday, as the prospect of collapsing U.S. interest rates continued to erode its appeal…

OKCoin’s Chair Takes Over as CEO, Former Chief Executive Moves Sideways

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Ethereum Co-Founder and Elon Musk Back Jack Dorsey as Twitter CEO

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Steem Community Stands Its Ground Amid Tron Takeover

Cryptocurrency News9 hours ago (Mar 06, 2020 09:42AM ET) The scandal surrounding the Steem blockchain continues to unfold. After juggernaut exchanges Binance, Huobi and Poloniex were heavily criticized by community members for allegedly mobilizing customer deposits to take over the…

Bitcoin Price Flips $9K Resistance as Dow Jones Leads Coronavirus Woes

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