Inflation in the U.S., as estimated by the Consumer Price Index (CPI), decreased to 7.7% on a yearly basis in October from 8% in September, according to a report released on Thursday by the U.S. Burea...
Tag: U.S.
Where Is The U.S. Insurance Industry On Climate Change?
SARASOTA, FL – SEPTEMBER 28: Wind gusts blow across Sarasota Bay as Hurricane Ian churns to the … [+] south on September 28, 2022 in Sarasota, Florida. The storm made a U.S. landfall at Ca...
U.S. Refines Imposed Sanctions On Tornado Cash To Tackle North Korean Hackers
Previously sanctioned Tornado Cash, an Ethereum-based crypto mixer that provides its community with identity secrecy in digital transactions via its open-source software is up again on the news cycle....
U.S. Post Office swings to $56 billion profit in latest year due to benefit from PSRA enactment
The U.S. Postal Service recorded a fiscal 2022 net profit of $56.0 billion, after a loss of $4.9 billion in the same period a year ago, due primarily to a one-time benefit of $57.0 billion recorded fo...
Bitcoin and ether up as U.S. inflation data below estimates at 7.7% in October
U.S. inflation is showing signs of cooling down as crypto markets remain tumultuous. Inflation in the U.S. came in at 7.7% in October. Based on FactSet data, analysts had predicted an 8% increa...
Encouraging CPI Inflation Report May Signal An Earlier Fed Pause
November’s CPI report for the month of October offered some early signs that U.S. inflation was … [+] falling. That may prompt the Fed to be less aggressive in hiking rates. Photographer: ...
Tornado Cash Yet Again Sanctioned by U.S Treasury
12 hours ago | 2 mins read Blockchain News Tornado Cash developers, founders, DAO members, and users are not subject to sanctions. Public opinion is divided on the sanctions imposed on the project. T...
Biden Says The U.S. Should Review Elon Musk’s Relationships With Foreign Governments
President Joe Biden speaks to reporters on Wednesday, November 9. The White House via YouTube U.S. President Joe Biden suggested that his administration may look into Elon Musk’s business and technica...
Founder Of Fast-Fashion Phenomenon Shein Joins Ranks Of China’s Richest After New Fundraising
This story appears in the November 2022 issue of Forbes Asia. Subscribe to Forbes Asia Cezaro De Luca/Europa Press via Getty Images This story is part of Forbes’ coverage of China’s Richest 2022. See ...
U.S. regulators investigating FTX’s handling of customers funds, relationship with FTX.US: Bloomberg
Officials at the Commodity Futures Trading Commission and the Securities and Exchange Commission are investigating crypto exchange FTX, according to a Bloomberg report. The inquiry is focused on...
Investors Prepare For U.S. Election Results As Republicans Seen Gaining
Investors anticipate Republican wins in the next midterm elections in the United States. This outcome will likely restrain Democratic spending and regulation but lay the stage for a contentious debate...
U.S. Treasury Department Connects Lazarus Group and Tornado Cash to North Korean Nuclear Weapons Programs
The U.S Treasury Department is redesignating the sanction it imposed against crypto mixing service Tornado Cash earlier this year due to the protocol allegedly having ties to North Korea’s nuclear wea...
What Current Midterm Election Results Could Mean For The Stock Market
What will the 2022 midterms mean for markets? (AP Photo/Alex Brandon) Copyright 2022 The Associated Press. All rights reserved. Historically speaking, the period around U.S. midterm elections can be a...
Tornado Cash Sanction By U.S. Treasury Has Another Twist
Troubled cryptocurrency mixer, Tornado Cash problems keeps going from bad to worse. The U.S Treasury now has amended sanctions highlighting its role in North Korea’s nuclear weapons program. The Unit...
Coinbase chief Brian Armstrong Isn’t Interested in FTX U.S.
The contagion of the FTX token collapse has spread across the entire crypto market. On Tuesday, November 8, the broader crypto market lost nearly $100 billion tanking by 10%. The Coinbase (NASDAQ: COI...
Israel’s Most Active Venture Investor OurCrowd Reaches $2 Billion Investment Commitments
Global venture investing platform OurCrowd announced today it has passed $2 billion in investment commitments. OurCrowd will host its 10th anniversary celebration at the OurCrowd Global Investor Summi...
Walmart Is Now A Hub For Netflix Merch. Will More Hookups Follow?
WalmartWMT will open NetflixNFLX Hub shops selling merchandise from the streaming platform’s films and television series in more than 2,400 U.S. stores as it seeks to build on an online-only deal intr...
Is Crypto Market Prepared For A Divided U.S. Government?
Every two years, elections are held to choose members of the House of Representatives and the Senate. Additionally, because these chambers are legislative entities, crypto legislation is a crucial mid...
U.S. Treasury Sanctions Tornado Cash (Again)
Key Takeaways The U.S. Treasury and its OFAC department have redesignated the sanctioned coin mixer Tornado Cash. The Treasury related the new sanctions to its broader efforts to defund North Korea...
FTX implosion has U.S. regulators on watch
U.S. regulators are monitoring the implosion of crypto exchange giant FTX, which announced earlier today that it is selling FTX.com to rival exchange Binance. The Commodity Futures Trading Commi...
BlockFi reintroduces crypto yield accounts to U.S accredited investors
BlockFi is launching its first-ever crypto interest product from the time it paid a $100 million deal with the SEC this February and accepted that it will not offer it to Americans. BlockFi Yiel...
U.S DoJ reveals second-largest haul with seizure of BTC worth $3.3B
The U.S Department of Justice is in the news today after it announced its second-largest Bitcoin seizure ever. This was made towards the end of 2021 in connection with Silk Road, the infamous dark web...
‘Only time will tell if September was the nadir:’ Zillow reports sharp home-value declines in these cities, amid grim outlook for U.S. housing market
Winter is coming, and the real-estate market is slowly coming to a standstill. According to a new report by Zillow Z, -1.63%, the typical home in the U.S. saw its value barely inch up between Septembe...
Italian EV start up takes on U.S. and Chinese rivals with a fresh design concept, but higher price tag
MILAN (AP) — Elon Musk’s Tesla paved the way nearly two decades ago. Now, the global transition to fully electric vehicles is littered with startups, inspired by a new era in mobility and drawn by the...
Budweiser Is Focusing On Nostalgia In The Holiday Season
Budweiser’s 2022 Limited-Edition Holiday cans AB InBev AB InBev’s Budweiser brand is kicking off the holiday season by unveiling 2022 Limited-Edition Holiday cans along with a program aimed at c...
U.S Court Rules in Favor of SEC in Case Against LBRY
2 hours ago | 2 mins read Editors News The SEC claimed in its complaint that LBRY offered and sold unregistered securities. LBRY acknowledges the verdict has the potential to impact the whole crypto s...
U.S. Government Seizes $3.4 Billion Worth of Bitcoin from Silk Road Scammer
Alex Dovbnya The U.S. government has announced its second-largest cryptocurrency seizure to date The U.S. Department of Justice has seized 50,676 Bitcoin ($3.36 billion) from an individual known as Ja...