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Business

Bitcoin hits record above $72,000 as demand frenzy intensifies

Bitcoin hits record above $72,000 as demand frenzy intensifies

By Hannah Lang, Amanda Cooper and Harry Robertson WASHINGTON/LONDON (Reuters) -Bitcoin hit a record high on Monday above $72,000, as the biggest cryptocurrency's surge showed no signs of slowing down. Bitcoin was last up 4.4% at $72,649 after reaching as high as...

Stocks dip from record highs with US inflation data on deck

Stocks dip from record highs with US inflation data on deck

By Chuck Mikolajczak NEW YORK (Reuters) -A gauge of global stocks retreated for a second straight session on Monday, easing further from a record high ahead of U.S. inflation data this week which could heavily influence the Federal Reserve's interest rate path. Stocks...

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