Economy

Call for Eurozone expansion sparks backlash

European Commission President Jean-Claude Juncker’s proposal to expand Eurozone by bringing more countries into it has triggered controversy, mainly in Germany, where Chancellor Angela Merkel is se

S&P 500 and other major indices close at record high

Wall Street soared to record highs on Friday, thanks to robust trading in telecommunication shares as well as bouncing back of technology shares after a couple of days of declines.

Bitcoin tumbles after China terms digital tokens risky

Bitcoin suffered its steepest decline since January 2015 on Friday after a senior executive of China’s state-backed internet finance body said the controversial digital currency could pose risks be

Bitcoin is a ‘fraud’ that will eventually blow up: Jamie Dimon

Leveling a harsh criticism about bitcoin, JP Morgan Chase CEO Jamie Dimon said the controversial cryptocurrency is nothing more than a fraud.

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