SOCMED – Page 2 – Money Lowdown

Cryptoverse U.S. retail traders eye a fresh piece of the crypto derivatives pie

August 22, 2023

Representations of cryptocurrencies are seen in this illustration, August 10, 2022. REUTERS/Dado Ruvic/Illustration/File Photo Acquire Licensing RightsAug 22 (Reuters) -...

Cryptocurrency

PayPal becomes first major fintech to launch dollar-backed stablecoin

August 7, 2023

The PayPal logo is seen at an office building in Berlin, Germany, March 5, 2019. REUTERS/Fabrizio Bensch/File PhotoAug 7 (Reuters)...

Investing

Wall Street ends down, investors step back after Fitch US rating cut

August 2, 2023

Fitch cuts US credit rating to AA+Wells Fargo slides on plan to help refill FDIC coffersU.S. private payrolls beat expectations...

Banking

Asian shares climb after Fed hikes as expected; eyes on Europe, Japan

July 27, 2023

SYDNEY, July 27 (Reuters) - Asian shares advanced and the dollar fell on Thursday after a well-flagged U.S. rate rise...

Banking

Global shares, U.S. yields rise as investors eye rates, earnings

July 24, 2023

A trader works on the trading floor at the New York Stock Exchange (NYSE) in Manhattan, New York City, U.S., November 11, 2022. REUTERS/Andrew Kelly/File PhotoWall Street stocks gainBenchmark 10-year yields riseU.S. dollar advancesOil prices climb 2%Safe-haven gold prices little changedNEW YORK, July 24 (Reuters) - Global equity markets and Treasury yields rose on Monday as investors braced for interest rate decisions from key central banks, including the U.S. Federal Reserve, as well as corporate earnings that may shed light on the state of the economy.An overwhelming majority of traders...