The US government shouldn't even be entertaining the idea that Facebook be allowed to create its own currency and financial-services arm — Libra and Calibra, respectively. The company has done nothing
NEW YORK (Reuters) - The dollar edged higher on Monday in thin summer trading, with its potential upside limited by expectations the Federal Reserve will cut interest rates at next week’s policy meeting.
A spreading currency dispute is threatening key parts of the market, according to Societe Generale global strategist Albert Edwards. As President Donald Trump grows more determined to weaken the dollar,
President Donald Trump railed against cryptocurrencies and specifically called out Bitcoin and Libra, Facebook's new cryptocurrency that is backed by companies including Uber and Mastercard. "I am not
Goldman Sachs has become one of the highest-profile investment banks to warn that there is a growing risk the Trump administration will intervene in the currency markets in a bid to weaken the US dollar.