BlackRock CEO Larry Fink has once again reiterated cautious approval of crypto investments and walked back previous comments he made in October 2017 about Bitcoin being an “index of money laundering.” Speaking with CBS on Sunday, Fink said that “I did say Bitcoin, because we were talking about Bitcoin then, was the domain of money launderers and thieves.” “But you know, the markets teach you, you have to always relook at your assumptions. There is a role for crypto in the same way there is a role for gol ...

The dollar edged lower in the wake of President Trump threatening to impose new 100% tariffs against China next month.The dollar's decline has so far been limited as most seem to expect another agreement to be made but the risks of escalation in tensions seem higher, Commerzbank's Thu Lan Nguyen said in a note. While the tariffs would hit China's export economy, they would be "just as painful for U.S. importers."If countries decide to turn away from the U.S. and strengthen relations with alternative trading ...