As crisis stalks the traditional world of stocks and bonds, bitcoin is suddenly looking like a safe haven.

The infamously volatile cryptocurrency seems positively hale and hearty, just as a banking meltdown drives markets into the arms of a recession.

Bitcoin has risen 21% this month, while a choppy S&P 500 has lost 1.4% and gold has gained 8%.

Britain's government borrowed more than expected in February, official data showed on Tuesday, but finance minister Jeremy Hunt may still hope that falling energy costs and inflation will offer leeway later this year for a pre-election tax cut.

The Office for National Statistics said public sector net borrowing, excluding state-owned banks, was 16.7 billion pounds ($20.4 billion) last month, the largest February deficit since monthly records began in 1993.

The "winter of discontent" that has been sweeping across Europe has now escalated into a "spring of discontent," with strikes and protests set to spread from France, Greece, and other surrounding countries to Germany. 

According to Reuters, Germany's Verdi union and the railway and transport union EVG are preparing to unleash paralyzing strikes on the country's airports and railways next Monday.

Poland has long criticized Hungary for its neutrality in the war in Ukraine and its calls to end sanctions on Russia, but despite the Polish government’s tough rhetoric, billions in exports continue to flow from Poland to Russia

In bucolic Indiana, Pennsylvania, residents have started an “It’s a Wonderful Life Festival.”

The town’s Christmas celebration commemorates both favorite son Jimmy Stewart, who starred in the iconic movie, and the story’s message of redemption and hope.

The bank crisis, Fed and macro continue to lead the market in a daily rollercoaster, and while that won't change for at least a few days, Goldman's consumer retail trader Scott Feiler notes in his trading note today, there are some notable things to highlight in consumer...

1. First signs of a notable low-income slowdown?:

That is the apocalyptic vision put forward by expert Charles Dunst in his new book Defeating the Dictators as he warns that democracy is now in a fight with autocracy for control of the future, and is in danger of losing unless it rapidly gets its act together.

In his new book, expert Charles Dunst warns that democracy is now in a fight with autocracy for control of the future. Pictured: China's president Xi Jinping (left) and his Russian counterpart Vladimir Putin (right) share a toast during their meeting in Moscow on Tuesday

Sometimes I think that the script being used by the Biden Administration to manage its foreign and national security policies has been written by George Orwell, though I am not sure if it based on 1984 or Animal Farm. Maybe it is a combination of the two. Either way, it would help explain why there is something seriously wrong here.

The troubles of once-major Swiss investment bank Credit Suisse is undermining Switzerland’s reputation as a global financial hub, says Opimas CEO Octavio Marenzi, as cited by CNBC on Tuesday.

His warning follows a historic takeover of Credit Suisse by the UBS Group, its domestic rival. On Sunday the two banking giants announced a Swiss-government-brokered deal aimed at shoring up public confidence in the Western financial system and at averting a global crisis. UBS agreed to acquire the embattled bank for three billion Swiss francs ($3.2 billion) as part of a cut-price deal.