Oil Wells pumping outside of Midland Texas. (Photo by: Joe Sohm/Visions of America/Universal Images … [+] Group via Getty Images) Joe Sohm/Visions of America/Universal Images Group via Getty Ima...
Tag: U.S.
A Green Hydrogen Bet, GM Expects EV Profits By 2025 And The World’s Population Hits 8 Billion
This week’s Current Climate, which every Saturday brings you the latest news about the business of sustainability. Sign up to get it in your inbox every week. getty Earlier this week, the United Natio...
What’s going on with Silvergate, the bank that props up the U.S. crypto market?
Earlier this week, cryptocurrency bank Silvergate announced that its exposure to FTX was limited to its deposits. The U.S. bank, which services the majority of the crypto industry in the country, said...
This Biotech Company’s Goal Is To Have A Plant-Based American Flag Fly Over The White House
An American flag made out of corn. Stable Diffusion algorithm. With the midterm elections in the rearview mirror, the lawmakers in Washington, DC, are focusing on the future: the topic of the conversa...
The Average Retirement Age in The U.S.
Elderly Asian couple enjoying being outdoors Determining when to retire can be tough. There are various factors to consider, including your financial situation, your health, and the lifestyle you wish...
Flu variant that hits kids and seniors harder than other strains is dominant in U.S. right now
A sign advertising flu shots is displayed at a Walgreens pharmacy on January 22, 2018 in San Francisco, California. A strong strain of H3N2 influenza has claimed the lives of 74 Californians under the...
U.S lawmakers demand answers from SBF and FTX’s current CEO
The collapse of FTX and its subsequent bankruptcy has been the talk of the town this month. The troubled exchange’s moves have been under the scrutiny of everyone interested, with new information bein...
Yield Curve Inversion Deepens, Increasing Likelihood Of 2023 Recession
The yield curve is now deeply inverted, a historically reliable recession signal (Photo by Bryan R. … [+] Smith / AFP) (Photo by BRYAN R. SMITH/AFP via Getty Images) AFP via Getty Images The yie...
North Korea Tests Nuclear-Capable Missile With Range To Hit U.S. Mainland, Japan Says
Topline North Korea fired an intercontinental ballistic missile (ICBM) potentially capable of carrying a nuclear warhead to anywhere on the U.S. mainland, Japan’s defense minister reportedly said on F...
Asia Power Businesswoman Doris Hsu Talks About GlobalWafers’ New $5 Billion U.S. Plant, Daring Yourself To Achieve
Geopolitical concerns are “a very important point” for customers, Hsu said GlobalWafers The U.S. is working to boost domestic production of semiconductors, and passage of the $52 billion C...
This is the chart that rattled U.S. financial markets on Thursday
One chart is all it took to move financial markets on Thursday. That chart was presented by St. Louis Fed President James Bullard as part of a presentation in Louisville, Ky., and it shows where he se...
U.S. Regulators May Face Scrutiny Over FTX Links
Key Takeaways FTX’s collapse has raised suspicions about why regulators could not see the fraud coming. FTX filled key positions with former regulators with ties to both the Commodity Futures Tr...
U.S. House Financial Services Committee Plans Official Hearing on FTX Collapse: Report
The U.S. House Financial Services Committee is reportedly planning on holding an official hearing regarding the recent collapse of the crypto exchange platform FTX. According to a new report by The Wa...
Dow drops 300 points as U.S. stocks open down after Bullard’s remarks
U.S. stocks opened lower Thursday, with the Dow Jones Industrial Average falling around 300 points, as investors weighed remarks from Federal Reserve Bank of St. Louis President James Bullard and a re...
U.S. Banks Launch a Digital Dollar Blockchain Pilot
While the crypto market is shaken to its core by the failure of FTX, traditional financial institutions are taking a step into the world of digital currency. A group of banking institutions—including ...
After Multiple Generations Of Family Ownership, The Manthei Group’s Businesses Are Thriving
The current generation of business leaders in the Manthei family, including Abe (far left) and Jake … [+] (front, center). Image courtesy The Manthei Group A lot of people seem to believe that m...
JPMorgan Forecasts ‘Mild Recession’ In 2023— Here’s What Major Financial Institutions Predicted This Week
Topline JPMorgan became the latest major financial institution to predict a recession in the U.S. in 2023—albeit a “mild” one—joining banking giants like Bank of America making similar projections eve...
Donald Trump Announces U.S. Presidential bid for 2024; Will Crypto Benefit?
Join Our Telegram channel to stay up to date on breaking news coverage “I will probably have to do it again to make our country successful, safe, and glorious again,” Trump said at a campaign rally in...
The New Pro T20 League In The U.S. Is Set To Shake Up Cricket Globally
An artist’s impression of the Grand Prairie Stadium in the Major League Cricket. Supplied Finally, after much hype and Covid-19 postponements, the first professional T20 cricket league in the U....
U.S. House Committee To Hold Hearing On FTX Collapse
A hearing on the demise of the cryptocurrency exchange FTX is scheduled to take place in December by the U.S. House Financial Services Committee. The committee stated that it anticipates hearing from ...
Republicans Win Narrow Majority In U.S. House
Topline Republicans have won enough House seats in last week’s midterm elections to narrowly secure control of the lower chamber for the next two years, ending the Democratic Party’s four-year-long st...
U.S. prosecutors recommend 12-month probation for former Bitmex executive
U.S. prosecutors have asked a court to sentence Greg Dwyer, Bitmex’s former head of business development, to 12 months of probation for violating the U.S. Bank Secrecy Act. In addition, p...
U.S. Banks Launch Digital Dollar Pilot along with N.Y. Fed
U.S. banking giants are gearing up to start a 12-week digital dollar blockchain pilot in partnership with the Federal Reserve Bank of New York. A group of banking institutions, including Citigroup Inc...
Amazon Starts Massive Round Of Layoffs—Here Are The Biggest U.S. Job Cuts This Year
Amazon confirmed Wednesday it has started laying off an unspecified number of employees, as the country’s second biggest employer reportedly targets a massive job cut that could affect roughly 10,000 ...
RLN Testing Begins For CBDC Betterment- U.S Banks
Mission CBDC on the last stage of Development testing begins. More than ten traditional banking giants are working together for CBDC development. According to the announcement of the traditional fin...
U.S. House committee to hold hearing on FTX collapse and crypto fall out
The House Financial Services Committee will hold a hearing next month on FTX’s collapse and the broader implications for the digital asset industry. The committee says it expects to hear from “t...
Why U.S. rail travel is so expensive
Amtrak’s Acela is the fastest passenger train in the Western Hemisphere, but tickets can be pricey. Amtrak fares can vary dramatically in the Northeast, home of the most heavily used stretch of ...
As Doubts Grow Over Self-Driving Vehicles, This Ambitious Upstart Rolls Out Its First Robot Trucks
Self-driving tech startup Waabi has deployed its first robot trucks and intends to commercialize its system faster than bigger, wealthier competitors. Waabi Autonomous driving startup Waabi just deplo...
U.S. Banking Community Launches Proof-of-Concept Digital Money Platform
A group of United States banks, including BNY Mellon, Citi, HSBC, Mastercard, PNC Bank, TD Bank, Trust, U.S. Bank, and Wells Fargo announced the launch of a proof-of-concept (PoC) project aimed at dev...