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A data breach at Connecticut’s largest healthcare system Yale New Haven Health affects more than 5.5 million people, according to a legally required notice with the U.S. government’s health department. Yale New Haven said the March cyberattack allowed malicious hackers to obtain copies of patients’ personally identifiable information and some healthcare-related data. Per a notice … Read more
The Bitcoin and gold price are flying higher than Elton John’s piano in the “Rocket Man” video. Was that the ‘80s? Honestly, I thought Elton was the lead singer of Culture Club until I was in high school. Zoomer problems. Bitcoin has punched back above $90,000, its highest level in nearly two months. The move … Read more
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. The simultaneous surge in the euro and German government bonds this month suggests a “capital flight” to Eurozone’s benchmark debt as a haven from trade war turmoil, say investors. German bonds and the euro typically … Read more
Gold has surged to a staggering $3,660 per ounce as investors flock to safety amidst the U.S.-China trade war. They’re leaving Bitcoin for gold, so what gives? Funds are flowing fast into gold ETFs, now commanding $150 billion in assets, leaving Bitcoin ETFs far behind with their comparatively weak $93 billion. It seems that when … Read more
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Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. The US dollar’s status as a haven for global capital could come under threat from erratic policymaking and rising trade barriers, fund managers have warned. On Friday the currency fell to a three-year low against … Read more
A tariff-induced meltdown of U.S. equity and bond markets has been spooking financial circles. But stocks and Treasuries aren’t the only assets on the fritz—the U.S. dollar is also falling, with analysts warning of a global “de-dollarization” in response to the Trump administration’s frenetic foreign policy decisions. “We are witnessing a simultaneous collapse in the … Read more
A tariff-induced meltdown of U.S. equity and bond markets has been spooking financial circles. But stocks and Treasuries aren’t the only assets on the fritz—the U.S. dollar is also falling, with analysts warning of a global “de-dollarization” in response to the Trump administration’s frenetic foreign policy decisions. “We are witnessing a simultaneous collapse in the … Read more
Gold prices hit a record high and the Swiss franc surged as investors moved into haven assets amid a stock market sell-off triggered by concerns of a global slowdown and full-blown US-China trade war. Bullion prices rose 1.4 per cent to $3,218 a troy ounce on Friday morning in Asia, an all-time high. The Swiss … Read more
In times of economic collapse, you can count on gold to keep its value. That’s the view of investors known as gold bugs and, during a week when stocks have collapsed and global markets are losing faith in U.S. Treasury bills, their ranks are likely to grow. But is the popular notion of gold as … Read more
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