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(Bloomberg) -- Gold declined in quiet holiday-week trading after mixed US jobless data in did little to alter bets on the outlook for Federal Reserve interest-rate cuts.Most Read from BloombergMigrant Crisis Pushed US Homelessness to Record High in 2024Bullion fell 0.6% to $2,617.75 an ounce, wiping out Thursday’s advance, after recurring applications for US unemployment benefits rose to the highest in more than three years — suggesting that it’s taking longer for out-of-work people to find a jo

(Bloomberg) -- A Bitcoin rally is fizzling in the final days of a record-breaking year for the digital asset, as investors assess the remaining impetus from President-elect Donald Trump’s embrace of the cryptocurrency sector.Most Read from BloombergMigrant Crisis Pushed US Homelessness to Record High in 2024The largest token changed hands at $94,673 as of 11:38 a.m. Friday in New York, partly paring a retreat of almost 3% from a day earlier. Smaller rivals including Ether and Dogecoin, a favorit

Montenegro has approved the extradition of a South Korean mogul known as “the cryptocurrency king” to the United States, the Balkan country's Justice Ministry said on Friday. Minister Bojan Bozovic has issued a deposition allowing the handover of Do Kwon, the founder of the Singapore crypto firm Terraform Labs who was arrested in Montenegro last year, according to the ministry. It was not immediately clear when exactly Kwon would be sent to the U.S.

Rail Vision Ltd. (NASDAQ:RVSN) saw its shares rise on Friday after announcing a major achievement in railway safety. The company revealed it had received certification approval for the installation of its MainLine Systems on Israel Railways’ passenger locomotives. This milestone triggers a $300,000 milestone payment and positions Rail Vision for potential future volume procurement from Israel Railways. CEO Shahar Hania emphasized that the certification demonstrates Rail Vision’s commitment to ex

NEW YORK/LONDON/SINGAPORE (Reuters) -Global stocks, the dollar and some Treasury yields looked set to wrap up Christmas week on Friday with minor retracements of broad up-trends, succumbing to a dearth of interest and participation heading into the last weekend of the year. The benchmark 10-year Treasury yield was up slightly but hovered below a near-eight-month high reached Thursday, while shorter-term Treasury yields eased. The U.S. dollar was headed for an almost 7% annual gain while Japan's yen was set for a fourth consecutive year of losses on Friday, as traders anticipated robust U.S. growth, as well as tax cuts, tariffs and deregulation by the incoming administration of President-elect Donald Trump, would make the Federal Reserve cautious on rate-cutting well into 2025.

(Bloomberg) -- Terraform Labs Pte. co-founder Do Kwon will be handed over to the US for prosecution, the government of Montenegro said, potentially ending a standoff over competing extradition demands by the US and Kwon’s native South Korea.Most Read from BloombergMigrant Crisis Pushed US Homelessness to Record High in 2024“Most criteria envisaged by the law are in favor of the extradition demands from the institutions of the United States of America,” the Montenegro’s Justice Ministry said in s

(Bloomberg) -- Brazil’s annual inflation unexpectedly slowed in early December as energy costs dropped, giving central bankers limited relief as they pledge two more jumbo interest rate hikes by March.Most Read from BloombergMigrant Crisis Pushed US Homelessness to Record High in 2024Official data released Friday showed consumer prices rose 4.71% from a year earlier, below the 4.83% median estimate in a Bloomberg survey of economists and the prior reading of 4.77%. On the month, they increased 0