China to gain most from restrictive US crypto regulations: Coinbase CEO By Cointelegraph
[ad_1] © Reuters “Adversary nations” like China could ultimately benefit from restrictive crypto policies in the United States, warns Coinbase (NASDAQ:) CEO Brian Armstrong. In...
Rand Paul introduces alternative to Biden-McCarthy debt bill: ‘Get our fiscal house in order’
Fox News senior congressional correspondent Chad Pergram reports on new developments in the debt limit drama as President Biden and Speaker McCarthy look to seal...
Elon Musk visits China’s commerce and industry ministries By Reuters
[ad_1] 2/2 © Reuters. Tesla Chief Executive Officer Elon Musk gets in a Tesla car as he leaves a hotel in Beijing, China May 31,...
Rise of the tech giants exposes the problem of index distortions
The writer is an adviser to fintech companies and a former financials research analyst Mega market cap stocks are eating their indices, distorting their usefulness...
Boeing 737 MAX relatives may pursue pre-impact victim compensation claims By Reuters
[ad_1] © Reuters. FILE PHOTO: American civil aviation and Boeing investigators search through the debris at the scene of the Ethiopian Airlines Flight ET 302...
Office Owners Dump Lesser Buildings for Whatever They Can Get
Listen to article (2 minutes) Some of New York’s best known real-estate developers are unloading their least viable office buildings at deep discounts, cracking open...
US district judge sends matter of FTX independent examiner to appellate court By Cointelegraph
[ad_1] © Reuters. A United State district judge has referred a motion requesting the appointment of an independent examiner for bankrupt crypto exchange FTX to...
Companies Push Prices Higher, Protecting Profits but Adding to Inflation
The prices of oil, transportation, food ingredients and other raw materials have fallen in recent months as the shocks stemming from the pandemic and the...
AI demand briefly catapults Nvidia into $1 trillion club By Cointelegraph
[ad_1] © Reuters. Computer chip manufacturer Nvidia (NASDAQ:) briefly joined the exclusive club of companies with a $1 trillion market capitalization as market demand for...
Update on US Government Holy-Moly Debt, Interest Expense, and Tax Receipts, and How they Stack Up Against GDP
We shoulda known better. By Wolf Richter for WOLF STREET. US government interest expense shot up over the past four quarters in line with higher interest rates and...