83°F
weather icon Windy
Filters Reset
1 - 2 of about 2 Results
Content Type
Categories
Tags
Year
Month
older archives
Facebook’s currency proposal gets hostile reception in Congress

A Facebook executive on Tuesday defended the social network’s ambitious plan to create a digital currency and pledged to work with regulators to achieve a system that protects the privacy of users’ data.

Powells message to Congress: Rate cut is likely coming soon

The chairman’s remarks led investors to send stock prices up, bond yields down and the value of the U.S. dollar lower on expectations of lower interest rates.