Business

Bitcoin jumps above $30,000

Bitcoin is at its highest level in 10 months breaching the $30,000 marker ahead of Wednesday’s March consumer price index (CPI) data from the Labor Department and subsequent response from the U.S. Federal Reserve

Deutsche Bank shares sink: What to know

Shares for Deutsche Bank are down Friday amid concerns the German bank will pay higher costs for financial derivatives, called credit default swaps that insure bondholders against banks defaulting on debt.

A tick-tock of the US banking crisis

The Federal Reserve’s interest rate hike strategy has inadvertently caused a banking crisis as elevated interest rates slow bank loans.