Chief Medical Advisor to President Biden and Director of NIAID, Dr. Anthony Fauci, joins Chris Jansing to discuss the rise in Covid cases across the United States and the highly contagious omicron subvariants responsible for it.
Some of the highest profile and controversial bankruptcies in history have included the appointment of an independent examiner.
The Justice Department's bankruptcy watchdog asked a judge Thursday to appoint an independent examiner in crypto firm Celsius Network LLC's chapter 11 case, saying in a court filing that a neutral party needs to investigate allegations of gross mismanagement and incompetence.
The U.S. dollar climbed to a fresh one-month high against major peers on Friday as Federal Reserve officials continued to talk up the need for further interest rate hikes ahead of their key Jackson Hole symposium. St. Louis Fed President James Bullard said he is leaning toward supporting a third straight 75-basis-point interest rate hike in September, while San Francisco Fed colleague Mary Daly said hiking rates by 50 or 75 basis points next month would be "reasonable." The dollar is "smartly higher" with central bank officials "all making clear the Fed still has work to do raising rates," even as they differed on by how much, Ray Attrill, the head of currency strategy at National Australia Bank in Sydney, wrote in a client note.
- Forkast News
The embattled Ukrainian government has spent US$54 million, raised through donations in cryptocurrencies, to supply defenders with military equipment, armor, clothing, medicines and vehicles, a senior minister said. See related article: Vitalik Buterin says he used Tornado Cash to donate to Ukraine Fast facts Ukraine spent the highest amount – US$11.8 million – on unmanned […]
- Forkast News
Shares of Bitcoin miner Stronghold Digital Mining Inc. plunged more than 25% in U.S. trading on Wednesday after the company said losses in the second quarter widened from a year earlier despite a restructuring plan that included the return of about 26,200 Bitcoin mining machines to slash debt in half. See related article: Bitcoin miner […]
Ripple is teaming up with the digital bank Travelex to introduce the product, which will initially allow transactions between Brazil and Mexico.
BTC was slightly higher on the day, but ETH was outpacing the largest cryptocurrency by market cap. Bitcoin’s price (BTC) increased 0.3% on Thursday, ending a streak of four consecutive negative days. Average trading volume was larger than average. Prices initially declined 0.5% as U.S. equity markets opened.Ether’s (ETH) price rose 1.5% as the second-largest cryptocurrency by market capitalization, outperformed bitcoin. Altcoins were mixed, with EOS falling 7%. while SOL and ATOM increased 0.1%
Core Scientific, Riot Blockchain, Marathon Digital and Stronghold Digital received the letters from members of the Committee on Energy and Commerce.
- Forkast News
Tether Holdings Limited, the issuer of USDT, the world’s largest stablecoin by market capitalization, has roped in accounting firm BDO Italia for its regular reports of USDT reserves. See related article: Tether says USDT reserves have no Chinese commercial paper Fast facts Tether said in a statement shared with Forkast that it began working with […]
- Forkast News
Bitcoin mining difficulty rose by 0.63% on Thursday, marking the second increase in a row in latest adjustments, according to data from BTC.com. See related article: Bitcoin miner Stronghold to return mining rigs to cut debt; shares plunge as losses widen Fast facts The mining difficulty reading was at 28.35 trillion, as of block height […]
- Forkast News
Bitcoin and Ether traded lower in Thursday afternoon trading in Asia. Solana saw the largest fall among the top 10 tokens by market capitalization, followed by Dogecoin. Asia equity markets were softer after minutes from the U.S. Federal Open Market Committee showed Fed Reserve officials saw little sign of inflation slowing. See related article: Markets: […]
- Business Insider
The solid jobless claim data show that rising layoffs and hiring freezes from technology companies has yet to put a dent in the strong labor market.
The prices of the largest cryptocurrency in market value and ether both continued recent losing streaks after late-in-the-day declines.
First Mover Americas: Bitcoin Lower as US Futures Slide; Ether Continues to Steal Crypto Market Share
The latest price moves in bitcoin (BTC) and crypto markets in context for August 17, 2022. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.
WASHINGTON (Reuters) -General Motors Co and LG Energy Solution are considering a site in Indiana for a fourth U.S. battery cell manufacturing plant, a spokeswoman for the companies' joint venture said on Thursday. Ultium Cells LLC "is developing a competitive business case for a potential large investment that could be located in New Carlisle, Indiana," she said, adding that Ultium had submitted a tax abatement application that it hopes will be approved later this month. Production at Ultium's first U.S battery cell plant in Warren, Ohio is set to begin later this month.
(Bloomberg) -- President’s Jair Bolsonaro’s managed to lift his popularity slightly among voters after a multibillion-dollar blitz to stimulate the Brazilian economy ahead of general elections, according to the latest DataFolha poll.Most Read from BloombergApple Targets Sept. 7 for iPhone 14 Launch in Flurry of New DevicesCovid’s Harmful Effects on the Brain Reverberate Years LaterXi and Putin to Attend G-20 Summit in Indonesia, Jokowi SaysBiden Called Cheney After Her Loss to Trump-Backed Chall
Gold prices slipped to a three-week low on Friday and were set for their first weekly drop in five, as a stronger dollar and prospects of more rate hikes by the U.S. Federal Reserve dented bullion's appeal. Spot gold was down 0.3% at $1,752.89 per ounce, as of 0451 GMT, after falling to its lowest since July 28 at $1,751.01 earlier in the session. "Markets are expecting interest rates to go further up and of course the strong dollar is definitely weighing on gold prices at the moment," said Brian Lan, managing director at dealer GoldSilver Central.
CRYPTO UPDATE All of the largest cryptocurrencies were down during morning trading on Wednesday, with Cardano (ADAUSD) seeing the biggest move, tumbling 5.55% to 54 cents. Polkadot (DOTUSD) shed 5.29% to $8.
The U.S. Food and Drug Administration (FDA) said reports of faulty Philips ventilators and sleep apnea machines had risen in the past quarter, underlining problems facing the Dutch company, which has just announced plans to replace its CEO. Philips says it is approximately halfway through a recall of 5.5 million such devices in the United States due to the threat posed by a foam part they contain -- a problem that has alarmed customers, damaged the company's reputation and helped wipe $30 billion off its market capitalisation. The FDA said on Tuesday it had received 48,000 reports associated with breakdown or suspected breakdown in the foam used in Philips respirators over the three months ending July 31, 2022, more than twice the number of such reports it received between April 2021 and April 2022.
Ex-official who investigated Hillary Clinton's emails said there would be evidence if Trump declassified documents: 'It can't just be an idea in his head'
"Programs and officials would have been notified," former DOJ official David Laufman said of Trump's claim he declassified all the Mar-a-Lago docs.