Coinbase reportedly selling user geo-location data to U.S. immigration agency

Cryptocurrency exchange Coinbase apparently will be providing the United States Immigration and Customs Enforcement agency (ICE) with data about cryptocurrency users The information will include the u...

U.S. Airports, Not Seaports, Lead The Way In Top 10 Export Ranking

Five of the nation’s top 10 export gateways are airports, including JFK International Airport, … [+] Chicago O’Hare International Airport, Los Angeles International Airport, New Orle...

How The SEC Could Harm Faltering U.S. Economy

SEC Chairman Gary Gensler has big ambitions, which is why he’s pushing to enact a 500-page rule for public companies to track and disclose gas emissions not only for themselves but also for most of th...

Grayscale Initiates A Lawsuit Against the U.S. SEC Over Spot Bitcoin ETF Issues

On Wednesday, June 29, the U.S. SEC rejected the Grayscale application for converting its Grayscale Bitcoin Trust (GBTC) vehicle to a spot Bitcoin. The world’s largest digital asset manager Grayscale ...

Coinbase seeks Europe licenses in bid to expand growth outside U.S.

Coinbase reported a 27% decline in revenues in the first quarter as usage of the platform dipped. Chesnot | Getty Images Coinbase is seeking licenses with various countries in Europe as part of an agg...

Health Inequities May Cost The U.S. One Trillion Dollars

Health inequity is expensive. A new report by Deloitte elucidates the details: “…health inequities account for approximately $320 billion in annual health care spending signaling an unsustainable cris...

U.S. And Allies Have Frozen $30 Billion Of Sanctioned Russians’ Assets, DOJ Says

Topline The U.S. and its allies have frozen more than $30 billion worth of sanctioned Russians’ funds and other financial assets since the invasion of Ukraine, the Department of Justice announced Wedn...

Powell vows to prevent inflation from taking long-run hold in the U.S.

U.S. Federal Reserve Board Chair Jerome Powell testifies before a House Financial Services Committee hearing in Washington, U.S., June 23, 2022.  Mary F. Calvert | Reuters Federal Reserve Chairman Jer...

BTC Falls Below $20,000 as U.S. Consumer Confidence Plunges  – Market Updates Bitcoin News

Bitcoin fell below $20,000 during Wednesday’s session, as markets reacted to yesterday’s weaker-than-expected consumer confidence report. The expectation for economic growth also fell to a nine-year l...

U.S. Economy Shrank Worse-Than-Expected 1.6% Last Quarter As Recession Fears Grow

Topline The economy last quarter posted its worst annualized showing since the pandemic-induced recession in 2020, the government said in an updated release Wednesday, blaming an unexpected decline in...

U.S. stock futures struggle for gains ahead of GDP data

U.S. stock futures struggled for direction on Wednesday, leaving Wall Street potentially on course for a third consecutive day of losses, as investors fret that soaring inflation is damaging the world...

Top 10 U.S. Export Partners Tells A Different, Less Asian Story

Canada and Mexico alone accounted for one-third of all U.S. exports through the first four months of … [+] 2022, the latest data available from the U.S. Census Bureau. ustradenumbers.com Last ye...

China Claims To Own The Taiwan Strait. That’s Illegal.

China’s Defence Minister Wei Fenghe (R) talks to US Defense Secretary Lloyd Austin (L), Singapore’s … [+] Defence Minister Ng Eng Hen (2nd L) shakes hands with Australia’s Depu...

U.S. Auto Sales Forecast Gets Another Haircut, Mostly Due To Low Supplies

Forecasters trim expectations for improvement in U.S. auto sales this year. Low inventory is mostly … [+] to blame. Portland Press Herald via Getty Images Cox Automotive cut its 2022 U.S. auto s...

U.S. to deploy nearly 300,000 monkeypox vaccine doses to fight outbreak

Mock-up vials labeled “Monkeypox vaccine” are seen in this illustration taken, May 25, 2022.  Dado Ruvic | Reuters The U.S. will deploy nearly 300,000 monekypox vaccine doses in the coming...

Celsius Denies CEO Mashinksky Tried to Leave U.S.

Key Takeaways Celsius has denied reports that its CEO, Alex Mashinsky, attempted to leave the United States this week. On Sunday, reports that Mashinsky had attempted to leave the U.S. via a New Jerse...

Oil Tanker Is Stopped by U.S. in Transit From Russian Port to New Orleans

U.S. authorities have stopped a ship traveling from Russia to Louisiana with a cargo of fuel products, say people familiar with the matter. The Daytona tanker is owned by Greek shipowner TMS Tankers L...

Rumors circulate that Celsius CEO Alex Mashinsky attempted to flee the U.S.

Unconfirmed reports have emerged that Celsius CEO Alex Mashinsky attempted to leave the U.S. last week. Celsius is battling a liquidity crisis On June 13, Celsius announced it had implemented a pause ...

Crypto is not replacing the U.S. dollar, Bitfury CEO Brian Brooks says

Crypto prices should be viewed more like internet stocks than currency, said Brian Brooks, the former U.S. Acting Comptroller of the Currency during the Trump Administration. The biggest misunderstand...

ARK Invest’s Cathie Wood says the U.S. is already in a recession

Ark Invest CEO Cathie Wood said Tuesday that the U.S. is already in an economic downturn, and she admitted that she underestimated the severity and lasting power of inflation. “We think we are i...

Big Upside In Pacer U.S. Small Cap Cash Cows 100 ETF

Tile letter on red rack in word ETF (abbreviation of Exchange Traded Fund) on wood background getty My forward-looking fund research consistently identifies mutual funds and ETFs that outperform their...

New York Fed President John Williams says a U.S. recession is not his base case

New York Federal Reserve President John Williams said Tuesday he expects the U.S. economy to avoid recession even as he sees the need for significantly higher interest rates to control inflation. R...

Steve Forbes Warns New Biden Policy Will Harm U.S. Citizens

This episode of What’s Ahead explains how two decisions just made by the Food and Drug Administration will be harmful to both public health and the agency’s authority. First is the FDA’s desire to imp...

Aviation Hits New Low, Ranks As 4th-Leading U.S. Export In 2022

Boeing 737 Max jets sat parked at Boeing Field in Seattle in late 2020, just after being granted FAA … [+] approval to fly again. The Boeing jets had been grounded for 20 months after two deadly...

U.S. may lose silicon wafer factory if CHIPS Act isn’t funded

U.S. Commerce Secretary Gina Raimondo told CNBC’s Jim Cramer on Monday that she believes GlobalWafers will follow through on its plan to build a silicon wafer factory in Texas — but only if Cong...

Only 20% of U.S. workers in office three days or more: IBM CEO

As major American corporations began to welcome workers back in the spring, they were surprised by what they saw: fewer employees than they expected who wanted to return to offices. That was the case ...

After Wimbledon, Novak Djokovic Might Not Play Another Major Until The 2023 French Open

Serbia’s Novak Djokovic celebrates after beating Korea’s Kwon Soonwoo in a men’s first round singles … [+] match on day one of the Wimbledon tennis championships in London, Mon...

U.S. Shale Drillers Begin Re-Fracking Existing Wells

Oil well re-fracking is on the rise in the United States as shale producers seek to boost production without making significant investments in new wells, Reuters has reported. Re-fracking appears to b...

Madison Reed Adds New Board Members As Business Grows

Madison Reed announced new executives to its board of directors along with internal management moves … [+] to further its mission of expanding access to more customers across the U.S. market. Co...

Europe’s economy will go ‘through a horrific situation’, former U.S. senator says

The future of Europe is being defined now, with debates around the war in Ukraine swirling around in European political circles. Additionally, it seems that decarbonization efforts and putting economi...

SHEIN is ‘increasing threat to U.S. specialty retailers,’ UBS says

Chinese fast fashion retailer SHEIN has become the “most downloaded” shopping app in the U.S., according to UBS Evidence Lab’s Global App Monitor, as well as the “most searched...

U.S. Paying More to Borrow as Fed Raises Rates, Inflation Stays Elevated

Yields on U.S. Treasurys are rising as the Federal Reserve lifts interest rates to try to cool inflation, a development that could increase the federal government’s borrowing costs over time to levels...