France blacklists 11 cryptocurrency and FX brokers

Financial regulators in France have blacklisted 11 businesses that are promoting cryptocurrency and FX investments. The affected businesses do not have the legal authorization to...
US consumer spending surges 8.2% despite declining incomes

US consumer spending surges 8.2% despite declining incomes

A month after it hit rock bottom, personal consumption in the United States did its sharpest climb in May while incomes slightly dropped ahead...
Dow Jones sheds over 700 points amid coronavirus spikes, Fed stress test

Dow Jones sheds over 700 points amid coronavirus spikes, Fed stress test

The Dow Jones went on a decline over fears of rising coronavirus cases. With the Federal Reserve putting restrictions on big banks, will the...
Global recession is steeper than expected, IMF reports

Global recession is steeper than expected, IMF reports

Contrary to its April report, the International Monetary Fund (IMF) now sees a sharper decline in global economic growth as countries all around the...
Abu Dhabi oil giant lands largest energy agreement of 2020

Abu Dhabi oil giant lands largest energy agreement of 2020

A consortium of global investors has entered into a $20.7 billion agreement with Abu Dhabi National Oil Company (ADNOC). Last month, the Internation Energy...

Recent job listings suggest PayPal may be moving into crypto

Some new job listings suggest that payments processor PayPal may be moving into the cryptocurrency ecosystem. The company has posted several job listings, including one...

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