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 |
The optimism is in part fuelled by expectations that Biden administration policies will lead to tighter oil supply, which will automatically push prices higher.
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