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Asia stocks firm as Fed props up rate cut expectations

1 day ago DieselGasoil Comments Off on Asia stocks firm as Fed props up rate cut expectations
TOKYO (Reuters) – Asian stocks rose on Friday after a top Federal Reserve official cemented expectations of a U.S. interest rate cut later this month, fuelling appetite for riskier assets and keeping a cap on the dollar. FILE PHOTO: A man in a bicycle stops in front of an electronic board showing the Nikkei stock Read More

Asia stocks gain, dollar sags as Fed reinforces rate cut expectations

2 days ago DieselGasoil Comments Off on Asia stocks gain, dollar sags as Fed reinforces rate cut expectations
TOKYO (Reuters) – Asian stocks gained and the dollar sagged on Friday after a top Federal Reserve official all but cemented expectations of a U.S. interest rate cut later this month. FILE PHOTO: A man in a bicycle stops in front of an electronic board showing the Nikkei stock index outside a brokerage in Tokyo, Read More

Sunrun Solar and Battery Systems To Help Replace Retiring Oakland Power Plant

2 days ago DieselGasoil Comments Off on Sunrun Solar and Battery Systems To Help Replace Retiring Oakland Power Plant
SAN FRANCISCO, July 18, 2019 (GLOBE NEWSWIRE) — Sunrun, Inc. (Nasdaq:RUN), the nation’s leading residential solar, battery storage, and energy services company, was awarded a landmark contract on Wednesday evening by the East Bay Community Energy (EBCE) board of directors to help replace the retiring jet-fuel Oakland Power Plant in Oakland, California with home solar Read More

U.S. lawmakers challenge Facebook over Libra cryptocurrency plan

3 days ago DieselGasoil Comments Off on U.S. lawmakers challenge Facebook over Libra cryptocurrency plan
WASHINGTON (Reuters) – U.S. lawmakers quizzed Facebook on Wednesday over its planned cryptocurrency, after a bruising first bout a day earlier when senators from both parties condemned the project, saying the company had not shown it could be trusted. FILE PHOTO: Representations of virtual currency are displayed in front of the Libra logo in this Read More

Facebook faces more scrutiny from Congress over Libra cryptocurrency plan

3 days ago DieselGasoil Comments Off on Facebook faces more scrutiny from Congress over Libra cryptocurrency plan
WASHINGTON (Reuters) – Facebook Inc faces more questioning by U.S. lawmakers on Wednesday over its planned cryptocurrency, after a bruising first bout when senators from both parties condemned the project, saying the company had not shown it could be trusted. FILE PHOTO: Representations of virtual currency are displayed in front of the Libra logo in Read More

Facebook to face more scrutiny from Congress on Libra

3 days ago DieselGasoil Comments Off on Facebook to face more scrutiny from Congress on Libra
FILE PHOTO: Representations of virtual currency are displayed in front of the Libra logo in this illustration picture, June 21, 2019. REUTERS/Dado Ruvic/Illustration/File Photo WASHINGTON (Reuters) – Facebook Inc will face more questioning on Wednesday by U.S. lawmakers over its planned cryptocurrency after a bruising first bout when senators from both parties condemned the project, Read More

Bitcoin tumbles as U.S. senators grill Facebook on crypto plans

4 days ago DieselGasoil Comments Off on Bitcoin tumbles as U.S. senators grill Facebook on crypto plans
LONDON (Reuters) – The cryptocurrency market took a beating on Tuesday with bitcoin losing over 10% in value after U.S. lawmakers grilled Facebook (FB.O) on its cryptocurrency plans, as political and regulatory scrutiny of digital coins intensifies. The social media giant is fighting to get Washington onside after it shocked regulators and lawmakers with its Read More

Bitcoin falls below $10,000 after Facebook grilled on crypto plans

4 days ago DieselGasoil Comments Off on Bitcoin falls below $10,000 after Facebook grilled on crypto plans
FILE PHOTO: A 3-D printed Facebook logo is seen on representations of the Bitcoin virtual currency in this illustration picture, June 18, 2019. REUTERS/Dado Ruvic/Illustration/File Photo LONDON (Reuters) – Bitcoin fell 8% on Tuesday, breaching $10,000 for the first time in two weeks after U.S. lawmakers grilled Facebook on its cryptocurrency plans, as political and Read More

Wall Street finds blockchain hard to tame after early euphoria

4 days ago DieselGasoil Comments Off on Wall Street finds blockchain hard to tame after early euphoria
NEW YORK (Reuters) – Two years ago Nasdaq Inc (NDAQ.O) and Citigroup Inc (C.N) announced a new blockchain system they said would make payments of private securities transactions more efficient. Nasdaq Chief Executive Adena Friedman called it “a milestone in the global financial sector.” A Wall St. street sign is seen near the New York Read More

Facebook official says regulatory concerns to be addressed before Libra launch

5 days ago DieselGasoil Comments Off on Facebook official says regulatory concerns to be addressed before Libra launch
FILE PHOTO: Representations of virtual currency are displayed in front of the Libra logo in this illustration picture, June 21, 2019. REUTERS/Dado Ruvic/Illustration/File Photo WASHINGTON (Reuters) – Facebook Inc’s top official overseeing the launch of its Libra cryptocurrency plans to tell U.S. lawmakers the company will not launch the digital currency until regulatory concerns and Read More