People walk along 5th Avenue in Manhattan, one of the nation’s premier shopping streets on February 15, 2023 in New York City. Spencer Platt | Getty Images This report is from today’s CNBC...
Tag: U.S.
Number of IPOs in the U.S. fall 80% in 2022 amid economic uncertainty
The United States economy has been battered in recent months, with different sectors taking a hit, and the initial public offering (IPO) space is emerging as one of the biggest casualties. Indeed, aft...
Binance Expects Fines From U.S Regulators to Settle Investigations
Binance is bracing itself for potential fines imposed by regulators in the United States. The fines would settle existing investigations against the crypto exchange due to misconduct in the past. The ...
Chinese Spy Balloon Had ‘Self-Destruct’ Capability That Wasn’t Activated: Report
Sailors assigned to Assault Craft Unit 4 prepare material recovered in the Atlantic Ocean from the … [+] Chinese spy balloon for transport to federal agents at Joint Expeditionary Base Little Cr...
U.S. State Caps Political Crypto Donations At $100
What comes as a latest crypto news in relation to U.S. political campaigns, the Kansas Legislature has considered introducing a new bill that, if passed, would place a $100 limit on the amount of cryp...
Bitcoin Rallies as Stock Markets Tank After Hot U.S. Retail Sales
U.S. retail sales rose 3% in Jan. 2023 to $697 billion, beating analysts’ 2% estimates and exceeding December sales by 4.1% as healthy demand and CPI point to rising inflation. Rising retail sales sug...
Despite Some Stumbles, Total Sales In U.S. Cannabis Market Could Soar To $50.7 Billion By 2028, Says Top Researcher
A marijuana leaf lies on top of a pile of U.S. dollars. getty The U.S. legal cannabis industry took some hits in 2022 but according to top cannabis researcher Brightfield Group, the market is estimate...
Casinos Raked In Record-Shattering $60 Billion In Revenue Last Year
Topline Commercial gaming revenue in the U.S. topped $60 billion last year for the first time ever, according to a new report from the American Gaming Association, driven by a modest rise in slot and ...
U.S Inflation Falls to 6.4%, Higher than Expected, What Does this Mean?
Join Our Telegram channel to stay up to date on breaking news coverage Inflation in the United States slowed and increased at an annual rate of 6.4% in January, according to data issued by the Bureau ...
Biden outlines plans to cut U.S. deficit by $2 trillion over the next decade
(The stream is slated to start at 2:30 p.m. ET. Please refresh the page if you do not see a video above at that time.) U.S. President Joe Biden is in Lanham, Maryland today where he will speak to the ...
Europe’s Latest ‘Green New Deal’ Is Counterpunch To U.S. Inflation Law
Employees at the BMW plant in Leipzig assemble the “drive module”, the underbody group with battery, … [+] for the electrically driven i3. BMW will make more of these in the US now, ...
A U.S. Vice President, Atmospheric Scientist, And Oceanographer
US Vice President Kamala Harris, right, speaks at Georgia Institute of Technology in Atlanta, … [+] Georgia, US, on Wednesday, Feb. 8, 2023. Photographer: Erik S. Lesser/EPA/Bloomberg © 2023 Blo...
Tesla commits to open 7,500 chargers in the U.S. to other EVs
The Biden administration wants to see at least 500,000 electric vehicle chargers on U.S. roads by 2030, and announced a slate of initiatives on Wednesday to help make that a reality, including commitm...
China Threatens Retaliation Against U.S. For Downing Surveillance Balloon
Topline China intends to take unspecified “countermeasures” in response to the U.S. government shooting down a suspected Chinese spy balloon over the Atlantic Ocean, an official suggested Wednesday, a...
Pentagon Practiced Shooting Down Spy Balloons In Alaska Wargame Two Years Ago
The U.S. military appears to have anticipated the threat posed by Chinese balloons and has practiced tackling them for at least two years, according to Pentagon budget documents describing a classifie...
Binance U.S. To Launch Shiba Inu Trading Against Dollar
Binance.US to introduce SHIB/USD trading pair from February 24, 2023, and delist KSHIB. Binance.US, the world’s leading exchange based on daily trading volume, has made a significant announcement for ...
The SEC Goes After Unregistered Securities
Getty Images Key takeaways The SEC has recently escalated its campaign against unregistered securities, which they claim put investors in risky situations without enough transparency Kraken has shut d...
Tesla Agrees To Open Thousands Of Its Chargers To Other EVs By 2024, White House Says
Topline Tesla has agreed to open at least 7,500 proprietary chargers to other electric vehicles by 2024, as part of a wider policy effort by the Biden administration to establish a national network of...
U.S. CPI Drops Slightly In January, But Fed Now Expects Higher Rates For Longer
Inflation fell less thank expected in January Getty Key Takeaways Year-over-year inflation cooled slightly in January, but less than economic experts forecasted Monthly inflation painted a more concer...
U.S. Core CPI Rise Forces Rethink After Disinflation Rhetoric
The month-on-month headline CPI for Jan. 2023 rose 0.5%, while the core CPI, excluding gas and energy prices, rose 0.41%, up from 0.3% in Dec. 2022. The so-called reinflation observed in the core CPI ...
Buy American Trade Plan Could Backfire On U.S. Businesses
Shipping containers in the Port of Los Angeles. (Photo by David McNew/Getty Images) Getty Images In his recent State of the Union speech address, President Joe Biden showcased “Buy American” trade pol...
U.S. Tracked Spy Balloon From Time It Left China—Days Earlier Than Previously Known, Report Says
Topline The Pentagon and U.S. intelligence were aware of a suspected Chinese spy balloon from the time it was launched off Hainan island south of China’s mainland, according to the Washington Post, ci...
U.S Inflation Falls to 6.4% in January as per Recent Release
13 seconds ago | 2 mins read Bitcoin News JPMorgan Chase & Co.’s economic experts predicted a drop to 6.2% in January. The rate will be a major factor for Federal Reserve policymakers regarding in...
These 5 Cryptocurrency May Boost Post U.S. CPI Data
The U.S. Bureau of Labor Statistics is all set to release the Consumer Price Index (CPI ) data today for the month of January. The inflation rate is expected to slow down and come to 6.2% the lowest s...
Stocks were steady even as U.S. inflation rose
U.S. egg prices jumped by two to three times in January. Fatih Aktas | Anadolu Agency | Getty Images This report is from today’s CNBC Daily Open, our new, international markets newsletter. CNBC ...
U.S. District Judge Kevin Castel Grants Request to Defer civil cases
Civil proceedings against Sam Bankman-Fried from the Commodities Futures Trading Commission and the Securities Exchange Commission have been postponed until after the FTX founder’s criminal tria...
U.S. Fighter Missed First Shot At Lake Huron Object, General Says
Topline U.S. fighters dispatched Sunday to shoot down an unidentified object flying over Lake Huron missed their first shot, according to a top military official, as details slowly trickle out about t...
Paxos Trust Company Disagrees With U.S. Securities
Paxos Trust Company has issued a statement in which it “categorically disagrees” with the United States Securities and Exchange Commission’s characterization of Binance USD (BUSD) as...
Sam Bankman-Fried uses VPN for Super Bowl; U.S. Government concerned
Ex-FTX CEO SBF’s usage of VPN could potentially prompt a further clampdown on his bail conditions. Earlier, the Manhattan judge overseeing SBF’s fraud case stated that SBF cannot be barred from commun...
U.S. Recovers ‘Sensors And Electronics’ From China’s Balloon—Other Vessels Still A Mystery
Topline The Pentagon said Monday it has made significant headway in recovering debris from the Chinese spy balloon shot down off the coast of South Carolina earlier this month—as the White House has y...