With “worthless” in cryptocurrency, ECB Lagarde renews calls for regulation

font size Christine Lagarde, President of the European Central Bank (Photo by DANIEL ROLAND/POOL/AFP via Getty Images) European Central Bank President Christine Lagarde reiterated her concerns about cryptocurrencies and her desire for regulation. “My very humble estimate is that it is nothing, is nothing, and there are no fundamental assets to act as a safety … Read more

Stocks drop sharply as target problems renew inflation fears

NEW YORK – The Dow Jones Industrial Average plunged more than 1,100 points and the S&P 500 saw its biggest drop in nearly two years on Wednesday, as heavy profit losses by Target and other major retailers fueled investor fears that rising inflation could… Deep into the companies. earnings. The massive selling erased gains from … Read more