Comparing last year’s inflation bout to surge pricing for Ubers, Neel Kashkari outlines why the Fed got inflation wrong — and what needs to be done to keep bringing prices down.
The entire team behind the FTX Future Fund, the Sam Bankman-Fried philanthropy,
has resigned in the wake of FTX’s bankruptcy, leaving many grants unfunded.
Fed officials cautioned markets against hoping for rate cuts next year by
sending the unified message that they intend to hike rates and hold them there,
even if confronted with signs of a weakening economy.
Financial regulators released an inter-agency policy agenda for regulating
cryptocurrencies, as discussions unfold about how to provide oversight for the
booming market.
The Pennsylvania Republican’s remarks presaged what is likely to be a spirited
debate about cryptocurrency regulation, with little consensus among lawmakers.
More investors are warming up to the notion of crypto as part of a diversified
portfolio, given what’s being viewed as its technological staying power.
More investors are warming up to the notion of crypto as part of a diversified
portfolio, given what’s being viewed as its technological staying power.
A new platform, called Royal, will sell rights to songs through nonfungible
tokens, giving fans a chance to earn money alongside their favorite artists.
“I’m a big fan of our currency and I don’t want to have other currencies coming
out and hurting or demeaning the dollar in any way,” Trump told Yahoo Finance.
“There are real people now putting their money into this industry and if they’re
not responsible those people will lose money,” Comptroller of the Currency
Michael Hsu told Yahoo Finance.
The Biden administration is taking action to safeguard against ransomware
attacks by penalizing cryptocurrency exchanges that help facilitate illegal
attacks.