Receive free Chinese politics & policy updates We’ll send you a myFT Daily Digest email rounding up the latest Chinese politics & policy news every morning. The US government believes Chinese defence minister Li Shangfu has been placed under investigation in the latest sign of turmoil among elite members of Beijing’s military and foreign policy
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Capital outflows in the crypto industry reached $55 billion in August, according to a report released by crypto exchange Bitfinex. The analysis is based on the aggregate realized value metric, which measures the realized capital of Bitcoin (BTC) and Ether (ETH) with the combined supply from the top five stablecoins: Tether (USDT), USD Coin (USDC),
Municipals were little changed Thursday as U.S. Treasuries were weaker and equities rallied. The two-year muni-to-Treasury ratio Thursday was at 63%, the three-year was at 64%, the five-year at 66%, the 10-year at 70% and the 30-year at 90%, according to Refinitiv MMD’s 3 p.m. read. ICE Data Services had the two-year at 64%, the
As transit agencies across the country face a dreaded fiscal cliff when federal stimulus dollars dry up, those agencies that win permanent revenue from their states and local governments will boost their profile while others will see their credit erode. That’s the view of experts who spoke at a transit panel Wednesday at The Bond
A “For Rent” sign outside an apartment building in the East Village neighborhood of New York, US, on Tuesday, July 12, 2022. Gabby Jones | Bloomberg | Getty Images Manhattan renters may have reached their “affordability threshold” in August, as median rents remained at record high, according to a new report. The median rent in
Meg Bakewell, who has cancer and cancer-related heart disease, sometimes emails her primary care physician, oncologist, and cardiologist asking them for medical advice when she experiences urgent symptoms such as pain or shortness of breath. This story also ran on The Sacramento Bee. It can be republished for free. But she was a little surprised
This article was featured in One Story to Read Today, a newsletter in which our editors recommend a single must-read from The Atlantic, Monday through Friday. Sign up for it here. For most of his life , Mitt Romney has nursed a morbid fascination with his own death, suspecting that it might assert itself one
As Kevin McCarthy made his televised declaration earlier today that House Republicans were launching an impeachment inquiry into President Joe Biden, the House speaker stood outside his office in the Capitol, a trio of American flags arrayed behind to lend an air of dignity to such a grave announcement. But McCarthy looked and sounded like
Every so often, someone asks me who my favorite politicians to write about over the years have been. I always place Bill Richardson, the longtime congressman and former governor of New Mexico, near the top of my list. I once mentioned this to Richardson himself. How high on the list? he immediately wanted to know.
Tokyo-headquartered global financial servicescompany Nomura NMR announced its $1 billion equity investment in Bermuda-based Prismic Life Reinsurance. Prudential Financial PRU and Warburg Pincus WPCBF are the other two entities that have invested in Prismic. Nomuras founding investor group accounts for a 65% stake in the equity, while Prudential Financial owns 20%, and Warburg Pincus controls
Coinbase Global IncCOIN is expanding its investment initiatives with Truflation, aiming to support Web3 and Blockchain technologies. Additionally, Coinbase is advocating for a standardized set of regulations at the upcoming G20 summit next year. About Truflation Selection Of the six onchain projects chosen byCoinbases investment arm, the companyannounced the selection of Truflation as its inaugural
Money never sleeps on Wall Street; now it doesnt have to on your street either. Leading trading app Robinhood HOOD recently introduced 24/5 trading for select stocks and ETFs. This feature enables commission-free trading of high-performing stocks and ETFs like Apple Inc. AAPL and Tesla Inc. TSLA from Sunday 8 p.m. EST to Friday 8
If you aren't aware of the waves Darcy Donavan, the "Queen of Crypto," is making in the Web3 world, you would probably still know her face. Donavan has appeared in hit movies and television shows including, "Anchorman," "Modern Family," "Parks and Recreation," "My Name is Earl," "Las Vegas," and "Nip/Tuck," to name a few. She's
The U.S. Securities and Exchange Commission (SEC) gave a nod of approval to Nasdaq Incs NDAQ newest artificial intelligence (AI)-powered trading tool. The company's Midpoint Extended Life Order (M-ELO) is being touted as the first AI order type to gain the endorsement. Heres what you need to know, and how it is going to affect
Montana lawmakers passed a bill on Friday banning TikTok from operating in the state amid growing concerns about the app’s suspected ties to the Chinese government. The bill was passed by the state House in a 5443 vote and now heads to Gov. Greg Gianforte’s desk. If Gianforte signs it into law, Montana will become
I guess we’re on pace for December layoffs, too. — Even more Google layoffs: This time its significant cuts to recruiting Google plans to slow down hiring, and that means fewer recruiters. Ron Amadeo – Sep 13, 2023 9:22 pm UTC EnlargeSean Gallup | Getty Images reader comments 72 with Google was once a company
Former PayPal PYPL President and current Lightspark CEO David Marcus emphasized that he is trying to turn Bitcoin BTC/USD into a global payment network. Marcus adds that there is high potential for the digital asset to be a universal protocol for money on the internet. In an interview with CNBCs Squawk Box, as reported by
In this article Follow your favorite stocksCREATE FREE ACCOUNT is a leading semiconductor intellectual-property supplier, designing chip technology that is used in high-tech gadgets, including most of the world’s mobile phones. The company then licenses that tech out to the industry’s major players and collects royalties. Roughly five chips in every smartphone are based on
Former PayPal PYPL President and current Lightspark CEO David Marcus emphasized that he is trying to turn Bitcoin BTC/USD into a global payment network. Marcus adds that there is high potential for the digital asset to be a universal protocol for money on the internet. In an interview with CNBCs Squawk Box, as reported by
With rising global interest in central bank digital currency (CBDCs), Mastercard MA is firm on supporting the central bank with its CBDC program which was initially launched in August 2023. The programs partners include Ripple, Consensys, Fluency, and Fireblocks. Our goal is to drive and support interoperability across the different ways of making payments, as