Recession worries were back in the spotlight for Wall Street on Wednesday, with equity futures and oil prices dropping, as investors looked ahead to Congressional testimony from Federal Reserve Chairm...
Tag: U.S.
U.S. Governor signs bill allowing Louisiana banks to custody Bitcoin and crypto for customers
As the cryptocurrency market expands and digital currencies become more widely adopted, some U.S. states are looking for ways to incorporate them into the operations of their financial institutions. O...
MTN DEW’s New Skateboarding Campaign With Pro Skaters Will ‘Unlock’ Off-Limits Spots Around U.S. For Skaters
DES MOINES, IOWA – MAY 22: Mariah Duran practices prior to the Women’s Park Semi-Final at the Dew … [+] Tour on May 22, 2021 in Des Moines, Iowa. (Photo by Sean M. Haffey/Getty Image...
U.S. Service Member Arrested For Explosion On American Base In Syria
Topline A member of the U.S. Air Force was arrested in connection with an attack on an American base in Syria, the military said Tuesday, months after an explosion injured four U.S. personnel in easte...
Does The SEC’s Names Rule Fix The “Truth In Advertising” Issue With U.S. Funds?
The rule is a step in the right direction but structural problems with labels will continue to be an issue Florida, Miami Beach, Trader Joe’s, grocery store, refrigerated egg aisle, organic, cag...
U.S. Fed says recent strain highlights ‘structural fragilities’ in stablecoin sector
? Want to work with us? CryptoSlate is hiring for a handful of positions! The Federal Reserve views stablecoins as an area of concern due to the recent strain on the digital assets, noting that this h...
Stock Market Could Crash Another 20% If U.S. Plunges Into Recession—These Industries Are Most At Risk
Topline As a growing number of investment banks and company chiefs warn the likelihood of a recession is increasing, analysts at Morgan Stanley are telling clients that the stock market—despite reelin...
Elon Musk joins the growing chorus fearing a U.S. recession. But there are stocks for that.
Look out above, the dip buyers are back in town. Stocks are soaring — for now — as Wall Street returns from a long holiday weekend, with Fed Reserve Chair Jerome Powell testifying in front of Congress...
U.S. Natural-Gas Exporter Completes First Deal With German Buyer
Venture Global LNG Inc. has struck the first binding deals by a U.S. natural-gas exporter to supply natural gas to a German company, as the European nation turns to America to help replace supplies fr...
ProShares Unveils First U.S. ETF To Bet Against Bitcoin ⋆ ZyCrypto
Advertisement     ProShares, the investment firm that launched one of the first bitcoin futures exchange-traded funds (ETF) in the United States, has just announced th...
Australian Mining Billionaire Touts A Green Revolution In U.S. Coal Country — With Skepticism Trailing Close Behind
Andrew Forrest travels the globe trying to persuade leaders of industry and politics — and rank-and-file workers — that despite his polluting past he’s the man to champion green hydrogen as the clean ...
Elon Musk Says U.S. Recession Is ‘Inevitable,’ More Likely In The Near Term
Topline Tesla CEO and billionaire Elon Musk said the U.S. economy will likely face a recession in the near term in an interview with Bloomberg on Tuesday, echoing concerns raised by several other top ...
The Possible Answer For The High Cost Gas, Commute Or Road Trip
Assuming one mode of transportation might not be the way to road trip in the coming months given … [+] inflated gasoline prices, last-mile inconveniences, scarce parking or unpredictable impedim...
Here’s How Crypto Market Could Recover Faster, According to FTX U.S. President Brett Harrison
Alex Dovbnya These are the key factors that could potentially accelerate the cryptocurrency recovery, according to Brett Harrison Disclaimer: The opinion expressed here is not investment advice – it i...
Another Major International Bank Forecasts Recession In The U.S.
Topline Japanese investment bank Nomura on Monday became the latest bank to predict an oncoming recession in the U.S. economy sometime later this year—joining the likes of Deutsche Bank and Morgan Sta...
Is the U.S. stock market closed today? What investors need to know on Juneteenth.
U.S. stock and bond markets will be closed Monday, June 20, in observance of the Juneteenth holiday, which commemorates the end of slavery in America. Officially known as the Juneteenth National Indep...
ProShares Announces First Bitcoin-Linked Short ETF in U.S.
ProShares – the leading Bitcoin ETF provider in the United States – has announced that it will launch the country’s first short-linked Bitcoin ETF on Tuesday. This will allow investors to gain short e...
Asian markets mostly fall ahead of U.S. holiday
TOKYO (AP) — Asian markets were mostly lower in cautious trading Monday ahead of a federal holiday in the U.S. Worries over inflation and risks of a global recession from central bank efforts to bring...
U.S. Department of Labor Faces Scrutiny on Bitcoin 401(k) Plans
The U.S. Department of Labor is receiving pushback from an industry initiative, requesting it rescind its previous guidance on including crypto in 401(k) plans. The Crypto Council for Innovation (CCI)...
U.S. Federal Reserve Raises Concerns About the ‘Fragility’ of Stablecoins Amid Crypto Market Crash
The U.S. Federal Reserve is issuing another warning about stablecoins amid the current crypto market crash. In a monetary policy report sent to Congress, the Fed’s Board of Governors say recent strain...
Five Big Themes Facing The U.S. Airlines, And What These Could Mean
As the pandemic fades, U.S. airlines are facing new threats that must be addressed to ensure … [+] long-term survival. getty The U.S. airline industry saw many years of prosperous growth and fin...
25% of U.S. expats ‘seriously considering’ or ‘planning’ to renounce citizenship
While many taxpayers dread tax filing season, Americans living abroad face even bigger yearly burdens and those are so frustrating that some want to ditch their U.S. citizenship. Roughly 1 in 4 Americ...
U.S. Open/Father’s Day Combo Is Big Business For Golf Retail
PGA Tour Superstore, which recently opened its first store location in North Carolina, is projecting … [+] the biggest week for sales volume in the company’s history. PGA Tour Superstore T...
U.S. pain at the pump no match for Europe
Gas, or petrol, prices around the globe highlight how consumers in dozens of countries — particularly in Europe — pay far more than Americans currently are to fill up their cars. Several European coun...
Mickelson Caps Disastrous U.S. Open, His First Stateside Tournament Since Jumping To Saudi-Backed LIV Golf
Topline Phil Mickelson finished his first two rounds of play in this week’s U.S. Open in 144th place out of the 156-golfer field, mightily underwhelming expectations in his first tournament in the Uni...
1,100 U.S. Flights Canceled Friday As Airlines Struggle With Travel Rebound
Topline As short-staffed airlines struggle with a surge in leisure travel with the coronavirus pandemic easing, 1,123 flights into and out of the U.S. were canceled as of 1 p.m. ET Friday and another ...
Expert: U.S. faces an ‘absolute explosion’ on inflation in 13 days
U.S. is only thirteen days away from an “absolute explosion” on inflation, a pollster and political strategist warned on Friday. Luntz’ remarks on CNBC’s ‘Squawk Box&rsqu...
Fed’s Powell says a U.S. CBDC could maintain the dollar’s international standing
The Federal Reserve chair Jerome Powell has stated that a central bank digital currency version (CBDC) of the U.S. dollar will be significant in sustaining the dollar’s global dominance at a period ot...
How Has The Oil Industry Fared Under President Biden?
US President Joe Biden speaks before signing Bill S.3580, the Ocean Shipping Reform Act of 2022, in … [+] the State Dining Room of the White House in Washington, DC, June 16, 2022. (Photo by Nic...
14 U.S. Congress members appeal to EPA, citing environmental and financial benefits of Bitcoin mining
Despite the concerns about the environmental effects of Bitcoin (BTC) Proof-of-Work (PoW) mining, a group of United States Congress members has sent a letter to the country’s Environmental Protection ...
Julian Assange’s Extradition To The U.S. Approved By U.K. Government
Topline U.K. Home Secretary Priti Patel on Friday approved the extradition of Wikileaks founder Julian Assange to the U.S.—where he faces multiple criminal charges and possible life imprisonment—in a ...