The UK’s new chancellor Jeremy Hunt has admitted that Liz Truss’s government went “too far, too fast” in last month’s “mini” Budget and that in the near future taxes will have to rise and spending will have to be cut in order to regain economic credibility. In a statement on Saturday evening Hunt said the
admin
Coming every Saturday, Hodler’s Digest will help you track every single important news story that happened this week. The best (and worst) quotes, adoption and regulation highlights, leading coins, predictions and much more — a week on Cointelegraph in one link. Top Stories This Week Starting in early 2023, Coinbase’s payment service, Coinbase Commerce, will
A shooting at a warehouse in Worcester early Saturday left one person seriously injured and several more wounded as well, according to police.Read More: Man dies in accident with construction equipment in Leicester Friday Law enforcement were dispatched to the warehouse at 88 Webster St. for a report of a person shot. Worcester police officers
Palo Santo Closes $50M Investment Fund Palo Santo, a venture capital fund focused on backing and building emerging psychedelic therapeutics companies, recently announced the closing of its $50 million fund. Against the backdrop of a growing global mental health crisis, our mission is to drive clinical development and FDA approval of these much-needed therapies that
Hosted in Colombia last month, Cosmoverse 2022 curated thought leaders within the still nascent industry of blockchain interoperability. Among these speakers was industry veteran Kadan Stadelmann, who helped build Komodo, a technology that aims to facilitate a cross-chain future for blockchain networks. Blockchain users cant trade bitcoin for dogecoin out of the box, as these
Antisepsis — New, transparent AI tool may help detect blood poisoning The algorithm scans electronic records and may reduce sepsis deaths. Simar Bajaj, Undark Magazine – Oct 15, 2022 11:31 am UTC EnlargeSean Justice/Getty reader comments 24 with 18 posters participating Share this story Share on Facebook Share on Twitter Share on Reddit Ten years
FALSE ASSURANCES — How a Microsoft blunder opened millions of PCs to potent malware attacks Microsoft said Windows automatically blocked dangerous drivers. It didn’t. Dan Goodin – Oct 14, 2022 4:26 pm UTC EnlargeGetty Images reader comments 66 with 51 posters participating, including story author Share this story Share on Facebook Share on Twitter Share
Most projects in Web3 would agree that 2022 is not a strong year for crypto, with a rather chilly bear market hitting DeFi particularly hard, several notable disastersincluding the Terra Network collapse, a would-be rug pull from SushiSwap founderand nearly $1.7 billion in crypto stolen in hacks, according to a May report by Chainalysis. Alien
The mass exodus from cities inspired by the pandemic may be over, but suburban markets are still hot. With many people working remotely, the suburbs continue to be a more comfortable and affordable option without sacrificing access to the city, albeit with a bit of a longer drive or train ride. Check out these suburban
Lots of bottom-callers are wishing it was over, but the pain has hardly begun. zacks.com zacks.com/ultimate
This week, Bitcoin’s (BTC) price took a tumble as a hotter-than-expected consumer price index (CPI) report showed high inflation remains a persistent challenge despite a wave of interest rate hikes from the United States Federal Reserve. Interestingly, the market’s negative reaction to a high CPI print seemed priced in by investors, and BTC’s and Ether’s
Rhode Island plans to price $227 million of general obligation debt Tuesday in a deal that underscores the state’s capital commitment to education. The competitive deal will price in two tranches: a $162.4 million tax-exempt Series A and $60.3 million federally taxable Series B. The bonds carry the AA rating of Fitch Ratings, Aa2 from
Municipals were little changed Friday, largely ignoring a weaker U.S. Treasury market, ahead of a larger new-issue calendar that features several billion-dollar state general obligation deals. U.S. Treasury yields rose, pushing them to multiyear highs. The two-year closed above 4.5% and the 10-year eclipsed 4%. Equities ended down on continued concerns over inflation. Muni-UST ratios
An agreement among the Puerto Rico Oversight Board and the local government in the Puerto Rico Electric Power Authority bankruptcy leaves the latter with moderate power in the bankruptcy process, observers say. The board, the Puerto Rico Fiscal Agency and Financial Advisory Authority, and the PREPA bond trustee U.S. Bank National Association filed the agreement,
Bancroft Capital is beefing up its Dallas-based municipal bond team with the hiring of two individuals with extensive market experience. The certified service-disabled veteran-owned small business, which specializes in institutional brokerage and capital markets services, announced the addition of Alix Cethoute as director of municipal underwriting and Jack Logan as director of municipal sales. “Not
CommonSpirit Health added disclosure of a ransomware attack to its offering statements this week as the nation’s largest not-for-profit system prepares to enter the market with a $1.5 billion transaction, underscoring the acute threats posed to borrowers across the municipal spectrum. The Chicago-based Catholic system created through the 2019 merger of Catholic Health Initiatives and
Liz Truss sacked her chancellor Kwasi Kwarteng and shredded her economic strategy on Friday, but her effort to salvage her premiership failed to win over financial markets and left Conservative MPs in a state of mutiny. In a Downing Street press conference lasting less than 10 minutes, Truss named Jeremy Hunt, former foreign secretary, as
The outlook on Hawaii’s Aa2 rating was lowered to stable from positive by Moody’s Investors Service ahead of an $800 million taxable general obligation bond deal. The outlook revision “reflects our expectation that given its significant tourism industry, lagging demographic trends, and already high cost of living, Hawaii is vulnerable to high inflation and potentially
In this article WFC DAL BYND PNC HHC Follow your favorite stocksCREATE FREE ACCOUNT Delta Airlines passenger jets are pictured outside the newly completed 1.3 million-square foot $4 billion Delta Airlines Terminal C at LaGuardia Airport in New York, June 1, 2022. Mike Segar | Reuters Check out the companies making headlines in midday trading
This is an opinion editorial by Ariel Deschapell, co-founder of multi-cloud hosting platform Hydra Host, senior fellow at Lincoln Network and a team member at BIPBounty.org. The idea that Bitcoin lacks innovation compared to other cryptocurrencies is pervasive, but is it true? The Bitcoin protocol undergoes significant changes much more slowly than other cryptocurrencies, the