News

Worldwide business news with international business, banking, interest rate, stock market, currencies and fund
Bloomberg |
Bitcoin declined for the seventh time in eight days, extending losses after President Joe Biden was said to propose almost doubling the capital-gains tax for the wealthy.
Bloomberg |
Retail sales beat expectations, rising 34.2% from year ago
Bloomberg |
A surprise U.S. drive to overhaul international corporate taxation promises a new era for governments to capture a bigger tax take from some of the most successful global businesses
Oilprice.com |
The optimism is in part fuelled by expectations that Biden administration policies will lead to tighter oil supply, which will automatically push prices higher.
FEDERAL RESERVE SYSTEM |
The Committee decided to keep the target range for the federal funds rate at 0 to 1/4 percent
Bank of England |
Bank of England’s Monetary Policy Committee (MPC)maintain Bank Rate at 0.1%.
Reuters |
A sweeping $1.9 trillion COVID-19 relief bill that gives President Joe Biden his first major victory in office.
Bloomberg |
Fed chair says there’s a lot left to do before economy healed; Treasury prices slip and yields rise in response to comments
Bloomberg |
Scale of Biden’s $1.9 trillion proposal dwarfs 2009 rescue
Reserve Bank of Australia |
Board decided to maintain the targets of 10 basis points for the cash rate and the yield on the 3-year Australian Government bond