Elon Musk, the CEO of Tesla and the new owner of Twitter, urged his 114 Million Twitter followers to vote for a Republican-led Congress on Tuesday. The Biden administration and Democrats have come und...
Tag: U.S.
$3.36 Billion in Bitcoin Seized By U.S. Attorney in Historic Conviction
The U.S. Department of Justice reported on Monday that authorities had confiscated $3.36 billion in Bitcoin from a guy who had illegally acquired more than 50,000 bitcoin on the Silk Road dark web mar...
Subtropical Storm Nicole Prompts U.S. Hurricane Watches
Projected track of Subtropical Storm Nicole NOAA Well that escalated quickly. This weekend I warned that a subtropical system was likely to form and impact Florida by the end of the week. A Hurricane ...
This Fund Thinks Southeast Asia Looks Ripe For Investment, And Here’s Why
S&P Global Market Intelligence predicts that the Asia-Pacific region will dominate the world’s growth in the coming year, generating positive real GDP while the U.S. and Europe likely fall i...
U.S. Seizes $3.3 Billion In Bitcoin Linked To Dark Web Fraud
According to a press release, the U.S. Department of Justice (DoJ) seized over $3.3 billion or 50,000 Bitcoin (BTC) tied to the infamous digital Silk Road. This capture is one of the largest in histor...
Returning Interest Payments May Drag On Consumer Spending In 2023
How much will a return to interest payments on student loans impact the U.S. consumer? (Photo by … [+] Erik S. Lesser/Getty Images) Getty Images Interest payments on federal student debt will re...
The U.S. Government Has Over $4.4B in Bitcoin It Could Dump Anytime
Key Takeaways The DOJ announced today that it seized 50,676.17 BTC from a Silk Road exploiter in November 2021. The haul is one of the largest in DOJ history. The U.S. government is currently one of t...
North Korea Says Recent Missile Tests Were Practice To Hit U.S. And South Korean Targets
Topline North Korea announced its recent string of missile tests, which resulted in evacuation alarms in parts of South Korea and Japan last week, was practice to strike South Korean and U.S. targets,...
Why Walmart Could Win Hyperlocal Delivery In The US
Products that have been somewhat insulated from the rising tide of e-commerce are seeing an uptick in online orders. Grocery e-commerce hit record highs in recent years. Even still, popular categories...
U.S. DOJ seizes a record $3.36 billion worth of Bitcoin linked to the dark web
The United States Department of Justice (DOJ) has announced the seizure of a record $3.36 billion worth of Bitcoin (BTC) connected to the Silk Road dark web fraud. The seizure involving 50,676 saw th...
Prepare For A Favorable U.S. Inflation Report
The return of good investment returns produces smiles getty Economists see a still high CPI inflation coming in the October U.S. Bureau of Labor report (Thursday, Nov. 10 at 8:30 AM). Per Econoday con...
Labor Arbitrage, Fruit And Vegetable Imports, And Supply Chain Resiliency
Migrant Workers Harvesting California Strawberries (Photo by David Butow/Corbis via Getty Images) Corbis via Getty Images The U.S. Department of Agriculture reported the latest trade data on Friday, a...
FTX CEO Third in Top Donors For 2022 U.S Midterm Elections
Exchange News FTX is third only to a George Soros-owned corporation and a firm called Uline. The efforts may pay off in the form of improved regulation for the cryptocurrency industry. Sam Bankman-Fri...
U.S SEC Reveals $295M Bitcoin Ponzi Scheme Fraud
Investors in Trade Coin Club were promised “minimum returns of 0.35% daily.” Tetreault has settled the SEC’s claims against him, the statement said. The U.S. Securities and Exchange Commission (SEC) a...
Bitcoin Price Surges As U.S. October Jobs Data Comes To Light
The level of price fluctuation in Bitcoin and crypto market is sometimes very discouraging. Many cryptos in 2022 have continually lost value, while others record more pullbacks than rallies. This situ...
U.S. SEC Charges Four Individuals Behind Alleged $295,000,000 Crypto Ponzi Scheme
The U.S. Securities and Exchange Commission (SEC) is bringing charges against four individuals the regulator claims propped up a $295 million crypto Ponzi scheme. The SEC alleges Trade Coin Club (TCC)...
Elon Musk’s Personal Mouthpiece, Raging Arctic Wildfires—And A Simple Emissions Solution For Coal Plants
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. Anadolu Agency via Getty Images When you ...
Binance Aids Transfers Worth $7.8 Billion Since 2018 From Iranian Citizens Despite U.S. Regulations – crypto.news
Blockchain data reveals that cryptocurrency firm Binance has handled $8 billion in Iranian transactions since 2018. This move is despite U.S. sanctions aimed at isolating Iran from the global financia...
U.S. Unemployment Is No Longer Improving, Here’s Why That Matters
Today saw another reasonable jobs report, but unemployment could be edging up (Photo by Justin … [+] Sullivan/Getty Images) Getty Images Most definitions of U.S. unemployment moved up in October...
How Much Did The Fed Raise Interest Rates This Week?
Getty Images Key takeaways The Federal Reserve hiked interest rates for the sixth time this year on Wednesday The 75 basis point (0.75%) rate hike is the fourth consecutive hike of its size Though inf...
Here’s what midterm elections mean for the U.S. stocks
It’s likely that midterm elections will serve as a significant catalyst for the equities market in the near term, says Allan Boomer. He’s a Managing Partner at Momentum Advisors. Why does he expect a ...
$3.4 trillion outflows market capitalisation of the five largest U.S. companies in 2022
In 2022, the global economy’s growth has slumped significantly, with the high inflation and resulting interest rates impacting the stock market. Consequently, some of the most successful corporations ...
EU Approves First Monoclonal Antibody To Prevent RSV In All Children As U.S. Cases Surge
Topline The European Commission on Friday approved the first monoclonal antibody to prevent respiratory syncytial virus (RSV) among all infants and newborns, amid a rise of cases of the highly contagi...
Recession Concerns Grow As Amazon Pauses Hiring And Major Tech Companies Announce Layoffs This Week
Topline Amazon announced plans Thursday to implement a corporate hiring freeze, as the country’s second biggest company contends with rising inflation and economic uncertainty—becoming the latest comp...
In Brazil, A Lula Win Is Nothing Special For The U.S., Or Europe
Lula: President of Brazil again. (Photo by NELSON ALMEIDA / AFP) (Photo by NELSON ALMEIDA/AFP via … [+] Getty Images) AFP via Getty Images Brazil’s two time ex-president, and ex-convict, Luiz In...
American billionaires spent a record $880 million on the U.S. midterm elections
George Soros, chairman of Soros Fund Management Nelson Ching | Bloomberg | Getty Images America’s billionaires spent a record $880 million on the U.S. midterm elections so far, with most of thei...
Coinbase Says American Crypto Industry Depends on U.S. Treasury To Act on Regulation
The biggest crypto exchange in the US is weighing in on the national security risks of digital assets after the Department of the Treasury requested feedback from the American people on the issue. Pau...
Here’s strong new evidence that a U.S. stock-market rally is coming soon
Yet another piece of the investor-sentiment puzzle is falling into place to support a sizeable U.S. stock-market rally. I’m referring to an index that measures investors’ confidence that any market di...