The price of a Bitcoin fell below $1,000 Thursday in the wake of a statement from China's central bank banning financial institutions from trading the virtual currency.
LONDON (Reuters) - The euro rose to trade near a five-week high against the dollar on Thursday as investors positioned for the European Central Bank's to keep interest rates unchanged with rising German yields lending it support.
WASHINGTON (Reuters) - Top U.S. banks, including Bank of America Corp (BAC.N) and Citigroup Inc (C.N), failed to fully comply with a government settlement to correct mortgage servicing abuses, a monitor of the settlement said on Wednesday.
A few short hours after the piece hit the wire, Carl Icahn announced a large long position in Apple, sending shares soaring above $500 the following day.
The U.S. economy expanded at a "modest to moderate" pace in recent months, the Federal Reserve said Wednesday in a report that showed mixed economic conditions across the nation just weeks before a key policy decision by the central bank.