Guinean Capital Reels From Deadly Blast At Oil Terminal
Guineans should brace for power cuts, the government has warned, as the country grapples with the aftermath of a deadly explosion at an oil terminal in the capital Conakry. Fourteen…
Treasury 30-Year yield falls to 4% due to Fed shift
US 30-year bond yields fell below 4% to their lowest level since July as investors continue to assess the impact of the Federal Reserve’s recent policy change. The yield fell…
Ledger says it fixed the issue that led to hack
Ledger has announced that it has fully addressed the issue that led to the hack. According to the company’s CEO Pascal Gauthier, the vulnerability was caused by a phishing attack…
Dollar extends decline, hitting four month low
The dollar posted its biggest two-day drop since July. The Bloomberg Dollar Spot Index fell 0.8% on Thursday to its lowest level since August, extending a decline after US policymakers…
US mortgage rates slide below 7% for first time in four month
The average for a 30-year, fixed loan was 6.95%, down from 7.03% last week, Freddie Mac said in a statement Thursday. Borrowing costs have declined for seven consecutive weeks, bringing…
ECB holds rate at 4%, sees inflation slowdown
The European Central Bank left interest rates unchanged for a second meeting amid falling inflation, but said it will step up its exit from €1.7 trillion ($1.8 trillion) stimulus created…