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Finance Banking Business Featured

Dollar steady before US inflation report, US-China tariff deadline

The euro was up less than 0.1% at $1.1652, while sterling was flat at $1.3462.  The U.S. dollar was little changed on Monday before Tuesday’s deadline for Washington and Beijing to strike a tariff deal and a key U.S. inflation report that could help determine whether the Federal Reserve lowers borrowing costs next month. The […]

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US banks tiptoe toward crypto, awaiting more green lights from regulators

 Big U.S. banks are holding internal discussions about expanding into cryptocurrencies as they get stronger endorsements from regulators, but initial steps will be tentative, centering on pilot programs, partnerships or limited crypto trading, according to four industry executives. Wall Street giants that had been largely blocked from many crypto activities by strict regulations are poised to grow […]