Jay Powell warned US interest rates would peak at a higher level than expected even as he held out the possibility of the Federal Reserve slowing the pace of its campaign to tighten monetary policy. Speaking after the central bank increased its main interest rate by 0.75 percentage points for the fourth time in a
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Colorado Gov. Jared Polis unveiled an initial fiscal 2024 budget that he said maintains record reserves to cushion the blow of a potential economic downturn or natural disaster. The $42.7 billion all-funds spending plan for the fiscal year that begins July 1 includes a $16.7 billion general fund with a $2.174 billion reserve. “We need
A river longer than England’s Thames flows beneath the Antarctic ice sheet, draining an area the size of France and Germany combined, new research reveals. This under-ice river was discovered using ice-penetrating radar mounted on aircraft. In a series of aerial surveys, researchers discovered a river system snaking 285 miles (460 kilometers) and draining into
Elon Musk-led Tesla Inc TSLA , has reportedly shut down its first showroom in China as the electric vehicle maker looks to adjust its sales and service strategy in its second-largest market. What Happened: Tesla, late last week, closed its flagship showroom in an upscale downtown shopping center, Parkview Green, in Beijing, two people with
Museum of Modern Gaming? — Video games invade the art world in MoMAs Never Alone exhibition Are games art? Who cares. Exhibit is more interested in how they bring us together. Luis Aguasviva – Nov 2, 2022 11:30 am UTC Enlarge / Video games… in a museum?! reader comments 21 with 17 posters participating Share
Fintech is the newest and fastest way to process and deliver financial services. Whether you know it or not, you probably use some kind of fintech application right now, like Zelle or Venmo. Fintech applications include payment apps like PayPal or Apple Pay, robo advisors and P2P, lending and investment appsand cryptocurrency. While fintech should
Rapid Raptors — SpaceX is now building a Raptor engine a day, NASA says “This, by the way, is very high on their top risk list.” Eric Berger – Nov 2, 2022 2:11 pm UTC A multiplicity of Raptor rocket engines installed on a Super Heavy booster.Elon Musk/Twitter reader comments 32 with 27 posters participating,
In late September, Cosmos Network held its first Cosmoverse '22, described as the most inclusive Cosmos ecosystem event, with three days of presentations at the Las Palmas hotel in Medellin, Colombia. Despite the bear market, the event had a decidedly positive atmosphere. It celebrated the launch of ATOM 2.0, introducing a white paper that outlined
A flag outside the U.S. Securities and Exchange Commission headquarters in Washington, D.C., U.S., on Wednesday, Feb. 23, 2022. Al Drago | Bloomberg | Getty Images While Washington is consumed with the elections next week, the Securities and Exchange Commission is continuing to consider numerous rulemaking proposals that could significantly increase the reporting and disclosure
Stablecoin issuers Circle and Paxos have each received approvals for their respective licenses from the Monetary Authority of Singapore (MAS), the city-state’s central bank. Circle received in-principle approval for a major payments institution license, allowing it to issue cryptocurrencies and facilitate domestic and cross-border payments, while Paxos received its license to offer digital payment token
I want to cover the concept of fear as well as greed. These to forces really oppose one another. When the market is in fear, the market is usually tanking and going down. When the market is in greed state the market is skyrocketing or going up. So these two forces are always going back
In this article INTU MTCH AMD ABNB Follow your favorite stocksCREATE FREE ACCOUNT The Airbnb logo is seen on a little mini pyramid under the glass Pyramid of the Louvre museum in Paris, France, March 12, 2019. Charles Platiau | Reuters Check out the companies making headlines in extended trading. Airbnb — The lodging stock
The Connecticut Green Bank’s most recent issuance of its retail investor friendly Liberty Green Notes brought in $250,000 for green upgrades to small business energy infrastructure statewide, the bank said. The end of the sales period last week marked the fourth successful issuance by the state-affiliated bank of the pioneering credits, giving investors access to
Israel’s former prime minister Benjamin Netanyahu is in pole position to emerge victorious from Tuesday’s parliamentary elections, according to exit polls that put his rightwing bloc on course for a razor-thin majority. Polls by Israel’s three main television channels, released after voting closed, forecast that a bloc combining Netanyahu’s Likud party, the extreme-right Religious Zionism
Leaky homes and buildings are some of the greatest climate offenders, but a Dayton, Ohio-based start-up is making big gains in shoring up the problem. Aeroseal, which seals both air ducts and building envelopes, is now available across America and in 29 countries. Leaky airducts and walls are the single largest reason for wasted energy
Losing has consequences — RIP Google Hangouts, Googles last, best chance to compete with iMessage Today Google realizes it needs to fight iMessage, but it’s 8 years too late. Ron Amadeo – Nov 1, 2022 10:00 am UTC Enlarge reader comments 219 with 142 posters participating Share this story Share on Facebook Share on Twitter
Mushegian was an important figure in the crypto community, contributing to multiple projects, including MakerDAO, BitShares and Balancer. 4800 Total views 25 Total shares Listen to article 0:00 News Nikolai Mushegian, co-founder of the cryptocurrency lending platform MakerDAO and the decentralized Dai (DAI) stablecoin, was found dead in Puerto Rico last week. Mushegian died due
web of memories — Sorry, prey. Black widows have surprisingly good memory Despite their tiny brains, spiders show some complex cognitive calculations. Max G. Levy, Wired.com – Nov 1, 2022 3:42 pm UTC EnlargeRobert Llewellyn / Getty Images reader comments 5 with 5 posters participating Share this story Share on Facebook Share on Twitter Share
As daily life becomes more digitized, growing concerns over inequity caused by the digital divide demand practical solutions. People increasingly rely on digital connectivity for work, health, education every aspect of life. This trend only increased during the COVID-19 pandemic, when much of society was forced to pivot large parts of their lives to digital
MakerDAO, the community behind the DAI DAI/USD stablecoin, just passed two Maker Improvement Proposals, MIP 81 and MIP 82. What Happened:The MIP 81 will send $1.6 billion worth of MakerDAOs USDC to Coinbase Global IncCOIN , for its institutional rewards pilot program. This gives Coinbase access to the USDC, and will in turn provide MakerDAO