Posts in tag
Yellen
Bitcoin on track for biggest weekly fall since September as Janet Yellen and ‘double spend’ spook traders | Currency News | Financial and Business News
Bitcoin has had a volatile couple of weeks after hitting a record high of close to $42,000 R.Tsubin/Getty Images The bitcoin price was set for its biggest one-week fall since September on Friday morning, having slipped around 9% since Monday. Bitcoin – which hit an all-time high of close to $42,000 on …
Janet Yellen is poised to become Treasury secretary in a Biden cabinet — and here’s what that means for cash-strapped American families
In 2014, three months into her four-year tenure leading the Federal Reserve, Janet Yellen was trying to draw an important link for investors, policy makers and community development leaders. “Although we work through financial markets, our goal is to help Main Street, not Wall Street. By keeping interest rates low, we are trying to make …
Bitcoin prices tumble on comments from Elon Musk, Bill Gates and Janet Yellen
The move followed skeptical comments from Tesla CEO Elon Musk, Treasury Secretary Janet Yellen and Microsoft (MSFT) co-founder Bill Gates. Prices stabilized around $48,000 in early trading Tuesday, but that’s still a more than 10% drop from Monday’s levels. But even Musk is starting to show concerns about bitcoin’s surge, noting in a tweet on …