Photo of specialist James Denaro at the New York Stock Exchange

US Stock Indexes Slide as China’s Currency Hits 11-Year Low

NEW YORK — U.S. stocks nosedived in morning trading on Wall Street Monday as China's currency fell sharply and stoked fears that the trade war between the world's two largest economies would continue escalating. China let its currency, the yuan, sink to an ...
Photo of Calibra digital wallet app prototype

Facebook’s Libra Currency Faces Financial, Privacy Pushback

SAN FRANCISCO — Facebook is getting a taste of the regulatory pushback it will face as it creates a new digital currency with corporate partners. Just hours after the social media giant unveiled early plans for the Libra cryptocurrency, French Finance Minis...