digital
Apple’s antitrust fight begins
Image: Alex Parkin / The Verge Over the course of 88 pages of surprisingly readable legalese, the US Department of Justice attempted to make the case that Apple is a problem. Apple, the DOJ alleges Read more…
digital
Smartwatches shouldn’t make you choose either Apple or Android
The Apple Watch-iPhone connection is well established. | Photo by Amelia Holowaty Krales / The Verge When people ask me what smartwatch they should buy, I always ask them the same question: what phone do Read more…
Cryptocurrencies
Yen Rebounds Amid Short-Covering, Dollar Rally Eases
Japanese Yen rebounds broadly today, likely driven by traders taking profits on short positions after a significant week of sell-off following BoJ’s rate hike. This stabilization comes amidst speculations stirred by Japan’s latest inflation data, Read more…
Cryptocurrencies
Canada’s retail sales falls -0.3% mom in Jan, led by motor vehicle and parts dealers
Canada’s retail value fell -0.3% mom to CAD 67.0B in January, smaller than expectation of -0.4% mom decline. Sales were down in three of nine subsectors and were led by decreases at motor vehicle and Read more…
Cryptocurrencies
Gold’s Retreat Not Yet a Reversal
The Fed’s comments led to a 3% rise in gold, but the dollar’s recovery in the second half of Thursday reduced this gain to just 0.5%. Technically, the outlook is unclear, but fundamentally, things are Read more…
Cryptocurrencies
Tesla shares extend slump as China move highlights key demand risk
Updated at 8:38 AM EDT Tesla (TSLA) shares moved lower Friday, extending its run as the worst-performing stock on the S&P 500, as the carmaker continues to face challenges in its most important market. Tesla Read more…
Cryptocurrencies
ECB’s Nagel: June cut increasingly likely, but no automatism afterwards
In a webcast today, ECB Governing Council member Joachim Nagel indicated that the chance is increasing for a first rate cut “before the summer break” in August. However, he cautioned that afterwards, ECB will maintain Read more…
Cryptocurrencies
Stock Market Today: Stocks’ record run continues as bulls take command
Check back for updates throughout the trading day U.S. equity futures moved higher again Friday, putting the three major indexes on pace for another record open, as investors continue to read bullish signals from a Read more…
Cryptocurrencies
XAU/USD: Gold Eases from New Record High
Gold price eases further on Friday, extending pullback from new record high $2222 (posted on Thursday) after a strong upside rejection on probe above psychological $2200 barrier. The yellow metal came under increased pressure from Read more…
Cryptocurrencies
Pound Drops to 1-Month Low After Flat Retail Sales
The British pound has extended its losses on Friday. In the European session, GBP/USD is trading at 1.2600, down 0.45%. Earlier, the pound fell as low as 1.2584, its lowest level since March 20. UK Read more…