What to Watch for in U.S. CPI Report

U.S. CPI data for February is expected to fall to 6% year-over-year as traders look for cues that may trigger further shifts in bets on the next move by the…

US Banks Sitting on Billions of Losses

Unrealized losses among US lenders have been growing rapidly under the Federal Reserve’s aggressive rate-hike regime, even before the Silicon Valley Bank’s collapse. David Ingles reports on Bloomberg Television. ——–…

Yen Will Probably Rise Towards 120 Gradually, Sakakibara Says

Eisuke Sakakibara, a former Japanese vice finance minister who was nicknamed “Mr. Yen” for his ability to influence the currency during his tenure, discusses the outlook for the yen, the…

Crypto Trades at Risk After Bank Shutdowns

The digital-asset market is coming off of a turbulent year featuring a number of high-profile blow ups. Now, two shutdowns in the banking industry – SVB Financial Group’s Silicon Valley…

The Fed Is Putting together a team to keep tabs on Crypto/Bitcoin

Michael Barr, the Federal Reserve’s vice chair for supervision, tells an audience at the Peterson Institute for International Economics that the Fed is assembling “a specialized team of experts” to…

Silvergate to Wind Down Bank Operations

Silvergate Capital Corp. plans to wind down operations and liquidate its bank after the crypto industry’s meltdown sapped the company’s financial strength. The bank’s ties to FTX were being looked at…

Jobless Claims Rise to Highest Level Since December

US initial unemployment claims increased by 21,000 to 211,000 in the week ended March 4, Labor Department data showed. Mike McKee takes a look at the numbers on “Bloomberg Surveillance.” Follow…

What to Expect From the February Jobs Report

US payroll growth has topped estimates for 10 straight months. But what will the numbers from February show us and how will the Federal Reserve react? Bloomberg’s Mike McKee has…

Powell Says Fed Urging Banks to Be Careful With Crypto

“We’re watching what’s been happening in the crypto space and what we see is quite a lot of turmoil,” Federal Reserve Chair Jerome Powell says during his semiannual monetary report…

Silvergate Shuts Crypto Payments Network; Shares Fall

Analysts are downgrading Silvergate Capital Corp. following the bank’s decision to shut its cryptocurrency-focused payments network. Su Keenan reports on Bloomberg Television. Follow Bloomberg for business news & analysis, up-to-the-minute market data, features, profiles and…