Bloomberg Bitcoin climbed to a fresh 2019 high, approaching the $6,000 level for the first time since November. The largest digital coin advanced as much as 4.7 percent to $5,961, before paring its gain to 3.4 percent in New York, according to Bloomberg composite pricing. Most of the other highly traded tokens were mixed, lagging Bitcoin. The world’s most-followed cryptocurrency …

Bloomberg The Federal Reserve escalated its warnings about the perils of risky borrowing by businesses, saying firms with the worst credit profiles are the ones taking on more and more debt. The Fed also left a question unanswered: Is it going to do anything about it? The US central bank’s latest financial stability report said leveraged-lending issuance grew 20 percent …

Bloomberg More US consumers are defaulting on their credit cards, but banks may be holding onto the riskiest loans instead of passing them off to investors, according to a report from Barclays Plc. The credit card loans that banks bundle into bonds and sell to investors are outperforming the loans that lenders have held onto, Barclays analyst Alin Florea wrote …