markets

Bitcoin shows its volatility once again in steep overnight decline, now back below $70,000

Bitcoin suffered a steep drop in overnight trading, showing that the world’s largest cryptocurrency hasn’t shaken its tendency for big…

HSBC is ‘very positive’ about the future of China’s economy, CFO says

HSBC is “very positive” about the mid- to long-term outlook for the Chinese economy despite current headwinds, the British bank’s…

Wholesale inflation rose 0.6% in February, much more than expected

Wholesale prices accelerated at a faster-than-expected pace in February, another reminder that inflation remains a troublesome issue for the U.S.…

European Central Bank chief economist: Must ‘take our time’ on rate cuts, clearer picture due in June

The European Central Bank must take its time to get interest rate cuts right and will have a clearer picture…