Three reasons the IMF is worried about cryptocurrencies
The IMF is concerned about cryptocurrencies, particularly because the market is growing at a significant pace.
Financial News
Three new studies suggest omicron has lower hospitalization risk and is milder than other variants
“The current studies indicate something really good,” Ralf Reintjes, professor of epidemiology at Hamburg University of Applied Sciences, told CNBC Thursday.
From a bitcoin crash to regulatory crackdowns: Analysts give their top predictions for crypto in 2022
With heightened regulatory scrutiny and intense price fluctuations, some analysts are bearish on bitcoin’s prospects.
WHO urges holiday caution: ‘An event canceled is better than a life canceled’
The World Health Organization has called for some holiday gatherings to be canceled as the omicron Covid-19 variant spreads rapidly around the world.
Omicron casts a shadow over winter holidays as countries consider strict restrictions
Tighter restrictions are being considered around the world as spiraling cases of the omicron Covid-19 variant loom over the festive holiday period.
Market turbulence may be a theme in the holiday week as investors fret over omicron, the Fed
Stocks could continue to chop around in the week ahead, with thin volume exaggerating moves in both directions ahead of the Christmas holiday.
The return-to-office date is ‘history,’ business and health experts say
The latest developments around Covid could very well kill the return-to-office date as we know it.
Goldman says oil could hit $100, demand might reach ‘new record high’ in the next two years
Goldman Sachs predicts a new high in oil demand for next year and in 2023, according to its head of energy research on Friday.
Turkish central bank cuts rates, sending lira to record low
Inflation in the country of 84 million is now at more than 21% and has climbed steadily as President Recep Tayyip Erdogan has refused to raise rates.
UK inflation hits 10-year high ahead of key Bank of England meeting
U.K. inflation climbed to a 10-year high in November as consumer prices continued to soar ahead of the Bank of England’s monetary policy meeting Thursday.