WASHINGTON (Reuters) – The Biden administration and Democratic and Republican lawmakers discussing a new $1.9 trillion in coronavirus relief agreed on Sunday that the most important priority should be producing and efficiently distributing a vaccine.FILE PHOTO: U.S. President Joe Biden speaks about his administration’s plans to fight the coronavirus disease (COVID-19) pandemic during a COVID-19 response event as Vice President […]

There are around 1,000 individuals, known as whales, who own 40% of the market.  Whales have the potential to manipulate the currency valuations. "The big players can easily move the price," crypto-skeptic David Gerard, told The Telegraph. Visit Business Insider's homepage for more stories. A bitcoin whale is a term that refers to individuals or entities that hold large amounts […]

Mexico’s antitrust body has fined seven banks a total of $1.5 million, only 4% of potential penalties, following a four-year investigation into alleged price rigging in the peso bond market, according to a document seen by Bloomberg News. Deutsche Bank AG, Barclays Plc, Bank of America Corp., Citigroup Inc.’s local unit Citibanamex, Banco Bilbao Vizcaya Argentaria SA, Banco Santander Mexico […]

After lagging behind the broader market for months, the world’s largest technology stocks suddenly perked up this week ahead of earnings. All it took was a reminder from Netflix Inc. that there’s still plenty of opportunity for growth. The five biggest technology companies posted their best week in nearly three months in a rally sparked on Tuesday by Netflix, which […]

China's economy grew 6.5% in the final three months of 2020, beating expectations. The country's economy grew 2.3% in 2020 as a whole, while its rivals contracted. A new COVID-19 outbreak threatens the recovery, but analysts still predict a solid 2021. Sign up here our daily newsletter, 10 Things Before the Opening Bell. The Chinese economy beat expectations to grow 6.5% in […]

New York (CNN Business)The American Petroleum Institute, the nation’s largest and most powerful oil lobby, is losing one of its biggest members over a disagreement about addressing the climate crisis. France’s Total announced Friday it is quitting the API because of the lobby’s stances on regulation and carbon pricing as well as its support for politicians who oppose the Paris […]

British Prime Minister Boris Johnson speaks to U.S. President Joe Biden from London, Britain in this social media image obtained on January 23, 2021. Twitter @BorisJohnson via REUTERS LONDON (Reuters) – British Prime Minister Boris Johnson said on Saturday he looked forward to working with new U.S. President Joe Biden on their shared goals, including tackling climate change after their […]

New York Gov. Andrew Cuomo, who has a $14.9 billion budget hole to fill before the fiscal year ends, used his State of the State address Monday to send an urgent message to President-elect Joe Biden: Federal help is needed, and soon. “New York is suffering and New Yorkers are tired of being abused, and demand that Washington stops causing […]