Yen Proves Its ‘Safe Haven’ Status Amid Banking Stress
The yen’s March rally, driven largely by stress in the banking sector, underscored its pivotal role as a safe haven. What makes Japan’s currency a safe haven and what unique…
Coinbase Gets SEC Notice on Intent to Sue Over Offerings
Coinbase Global Inc. CEO Brian Armstrong says he welcomes the Securities & Exchange Commission’s plan to take enforcement action against the crypto exchange. Sunil Jagtiani reports on Bloomberg Television. ——–…
US Existing-Home Sales Rise by Most Since Mid-2020
US sales of previously owned homes rose in February by the most since mid-2020. Guy Johnson and Alix Steel react to the numbers on “Bloomberg Markets.” Follow Bloomberg for business…
US Initial Jobless Claims Decrease to 192,000
US Initial unemployment claims in regular state programs slid to 192,000 in the largest weekly decline since July, while housing starts surprised to the upside for February. Michael McKee has…
Mohamed El-Erian and Rick Rieder on the Jobs Report
Bloomberg Opinion’s Mohamed El-Erian calls jobs report data “really tricky” on The Open with BlackRock’s Rick Rieder. ——– Follow Bloomberg for business news & analysis, up-to-the-minute market data, features, profiles…
Connecting Crypto to the Banking Crisis
Bloomberg’s Sonali Basak looks at how the crypto industry is connected to the failure of three US banks. She’s on “Bloomberg Crypto.” ——– Follow Bloomberg for business news & analysis,…
Blockchain Didn’t Cause Bank Failures: Boring
Perianne Boring, Chamber of Digital Commerce founder, says Blockchain and crypto had nothing to do with the recent bank failures in the US. She’s on “Bloomberg Crypto.” ——– Follow Bloomberg…
Signature Bank Singled Out by Regulators: Kavita Gupta
Kavita Gupta, Delta Blockchain Fund founder, says Signature Bank has been a politicized target of regulators because of its exposure to crypto. She’s on “Bloomberg Crypto.” ——– Follow Bloomberg for…
US Producer Prices Unexpectedly Fall
The producer price index for final demand fell 0.1% from the prior month and increased 4.6% from a year earlier, according to data from the Bureau of Labor Statistics. Retail sales also…
US in Recession, Choppy Market Ahead: Schwab’s Kleintop
US in Recession, Choppy Market Ahead: Schwab’s Kleintop Follow Bloomberg for business news & analysis, up-to-the-minute market data, features, profiles and more: http://www.bloomberg.com Connect with us on… Twitter: https://twitter.com/business Facebook:…