Key Takeaways Several recently proposed bills and ongoing enforcement cases could define crypto industry’s future in the U.S. If the SEC and CFTC win their ongoing crypto lawsuits, they could se...
Tag: U.S.
U.S Senator Opposes CBDC Introduces ‘No Digital Dollar Act’
Bitcoin News Powell indicated this week that it would be at least two years for CBDC. The Senator spoke in favor of hard currency. Many governments across the globe are turning towards CBDC, otherwise...
Short U.S. stocks and short-term Treasurys until Halloween, Bank of America strategist says
Short U.S. stocks as well as short-term bonds until Halloween, a Bank of America strategist advises. Michael Hartnett, chief investment strategist at Bank of America Securities, said he’s a tactical b...
Taiwan Bank To Buy California-Based American Continental, Eyes Further U.S. Expansion Amid Cross-Strait Tension
Taichung Commercial Bank aims to serve popular hubs among Chinese-Americans such as Los Angeles. … [+] Photographer: Bing Guan/Bloomberg © 2022 Bloomberg Finance LP Taichung Commercial Bank of T...
U.S. Senators Introduce 401(k) Investment Classes- Including Crypto
A trio of Republican lawmakers introduced a bill including “digital assets.” The bill will extend the acceptable investment classes in defined contribution plans. The U.S. Lawmakers Introduced a Bill ...
Celsius Network shouldn’t Reopen Custody Withdrawals:- U.S. Trustee
On July 13, Celsius Network Filed bankruptcy under Chapter 11 under bankruptcy rules. In September, Celsius filed a plea in the court to use its Custody Withdrawals to clear its debts. Celsius Netw...
U.S. Based Top Company “Rooms To Go” Now Accepts Shiba Inu (SHIB) Payments
– Advertisement – A top U.S.-based furniture company enables Shiba Inu payments. The adoption of canine-themed cryptocurrency Shiba Inu (SHIB) has recently grown exponentially. BitPay, the...
Gas Prices Near $4 Again, Continuing 2-Week Climb
Topline Average U.S. gas prices continue to climb back up, increasing for the 14th-straight day Saturday as ongoing issues from the war in Ukraine and Hurricane Ian impact supply – and higher prices a...
Fed’s Preferred Inflation Measure Comes In Hot
Federal Reserve Board Chairman Jerome Powell Friday, Sept. 23, 2022, in Washington. August PCE … [+] inflation came in relatively hot, which may lead the Fed to contemplate further rate increase...
A Billionaire From Clean Energy, Musk Vs Fisker And How To Get Sustainability Tax Breaks
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. In Pictures via Getty Images Among the pr...
California wants to model crypto rules for the rest of the U.S.
Much as it did in the 1960s for automobile emissions, California wants to develop a crypto and web3 regulatory regime that could be a model for other states to adopt, with a particular eye toward cryp...
U.S. Energy Independence Has Grown
MIDLAND, TX – JULY 29: President Donald Trump speaks to city officials and employees of Double Eagle … [+] Energy on the site of an active oil rig on July 29, 2020 in Midland, Texas. Trump...
Hurricane Ian Makes Second U.S. Landfall In South Carolina
Topline Hurricane Ian made landfall on South Carolina’s coast Friday as a Category 1 storm, and it’s expected to bring storm surges, heavy rainfall and 85 mph winds—just two days after the storm hit F...
Blackpink Ties Twice For The Most Bestselling Albums In The U.S. Among Women In K-Pop
INDIO, CA – APRIL 12: (EDITORS NOTE: Retransmission with alternate crop.) (L-R) Jennie Kim, Rosé, … [+] Lisa and Jisoo of ‘BLACKPINK’ are seen at the YouTube Music Artist Loung...
Healthcare And Biotech Outperform As Recession Fears Heat Up
Stocks fell sharply in September to this bear market’s new lows. Getty Images September lived up to its billing as a lackluster month for the stock market, as the S&P 500 lost another 9.1% t...
U.S. Wage Growth Fails To Keep Up With Rising Prices For 17 Consecutive Months
| Getty Images Key Takeaways While American workers are making more dollars per hour than they were prior to the pandemic, those dollars aren’t stretching as far thanks to inflation. Accounting for in...
U.S. District Court Orders SEC to Release Hinman Documents
Editors News The U.S District Court rejected the SEC’s attempt to conceal Hinman Documents. William Hinman previously claimed that Ether was not a security. Ripple Labs is now one step ahead in the on...
17% of voters in 4 U.S. swing states hold digital assets, poll finds
Seventeen percent of voters in four U.S. states long known as electoral battlegrounds hold cryptocurrencies and NFTs, according to survey results published by Haun Ventures. The poll, conducted by dig...
Major League Cricket To Rival Big-Spending T20 Startups And Power Cricket In The U.S.
Seattle Thunderbolts won the 2022 Minor League Cricket title. (Photo by Andy Mead/ISI Photos/Getty … [+] Images) Getty Images In the world’s biggest sports market, where administrators have long...
DOJ Charges Russian Billionaire Deripaska With Violating Sanctions—And Scheming For His Child To Be Born In U.S.
Topline The Justice Department unsealed an indictment Thursday accusing Russian billionaire Oleg Deripaska and three associates with violating U.S. sanctions imposed against the aluminum tycoon in 201...
Facebook, Instagram Enable NFTs for All U.S. Users
Key Takeaways Starting today, all U.S.-based Facebook users will have access to the social media platform’s NFT features. Additionally, all users in the 100 countries where Instagram supports NF...
U.S. senators propose amendments to cybersecurity bill for crypto firms
U.S. senators Marsha Blackburn and Cynthia Lummis have proposed amending the 2015 Cybersecurity Information Sharing Act that would allow firms engaged in crypto assets and distributed ledger technolog...
The Unexpected Dynamic Duo of the Energy Transition
Sustainability and cybersecurity are rarely mentioned in the same sentence. Sustainability is tangible: on a given day you might see electric vehicles zooming down the street, wind farms dotting the c...
U.S., South Korea working to rectify problems on EV subsidies: Korea minister
South Korean and U.S. officials are working toward a “concrete proposal” to resolve their differences over electric vehicle subsidies, South Korea’s trade minister told CNBC. “...
Scorecard For FedEx And 2 Other Logistics Companies
. Logistics Stocks Recent News The global logistics market is expected to grow at a 6.8% compound annual growth rate (CAGR) between 2022 and 2030, particularly due to a surge in e-commerce logistics, ...
Economy Shrank 0.6% Last Quarter, Final GDP Shows
Topline The U.S. economy shrank for a second quarter in a row this year, a third and final estimate from the Bureau of Economic Analysis confirmed Thursday—once again signaling the start of a technica...
Bitcoin Is ‘Comforting’ And ‘Can’t Be Stopped,’ U.S. Senator Says
Bitcoin has its back covered by this American senator who believes in the potential of the crypto to bring good things to the U.S. financial sector and economy in general. Senator Cynthia Lummis may b...
President of FTX U.S Brett Harrison Division Steps Down
14 seconds ago | 2 mins read Editors News Harrison detailed his plans to move into an advising position at FTX US. CEO Alex Mashinsky of Celsius resigned recently. U.S. division president of cryptocur...