The Dow Is Plummeting & the IMF Warns This Is ‘Humanity’s Darkest Hour’

The Dow Is Plummeting & the IMF Warns This Is ‘Humanity’s Darkest Hour’

The Dow Jones careened lower on Friday as the stock market recoiled from a horrific jobs report. Nordea warns the government’s Paycheck Protection Program won’t stop April’s unemployment report from getting even worse. IMF Managing Director Kristalina Georgieva said the coronavirus pandemic is “humanity’s darkest hour.” A horrendous U.S. jobs report pummeled the Dow Jones…

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Mnuchin Warns Bitcoin Users of ‘Very, Very Strong’ Regulations

Mnuchin Warns Bitcoin Users of ‘Very, Very Strong’ Regulations

US Treasury Secretary Steven Mnuchin again turned his attention to bitcoin this week, warning that the Trump administration would pursue “very, very strong” enforcement of existing financial regulations to stop bad actors from using the cryptocurrency to bankroll criminal activities.Treasury secretary: crypto could become a financial system riskMnuchin elaborated on the White House’s crypto stance…

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