Wholesale prices in the United States picked up slightly in July yet still suggested that inflationary pressures have eased this year since reaching alarming heights in 2022. The Labor Department reported Friday that its producer price index which measures inflation before it hits consumers rose 0.8% last month from July 2022. The latest figure followed
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Inflation is forcing Americans to spend $709 more per month on everyday goods and services than they did just two years ago, according to the chief economist at Moody’s Analytics. “The high inflation of the past 2+ years has done lots of economic damage,” Mark Zandi tweeted on Friday following the release of the Consumer
The crypto mining industry is getting a dedicated lobby group aimed at opening up discussions with lawmakers in Washington. 1066 Total views 11 Total shares Listen to article 0:00 News Join us on social networksThe United States crypto mining industry is getting a new lobbying group, with one of its biggest goals to dispel misconceptions
(RNS) — The latest chapter in Donald Trump’s ongoing legal drama played out on Monday evening (Aug. 14), as a grand jury in Georgia indicted the former president and 18 others as part of a sweeping probe of alleged efforts to overturn the 2020 presidential election in the state. While most of those indicted are
In a significant move to bolster the adoption of digital tokens for transactions, PayPal Holdings Inc. PYPL announced Monday the launch of a new U.S. dollar-denominatedstablecoin. Named PayPal USD (PYUSD), this digital currency is the brainchild of the San Jose-based financial giant and is set to be a game-changer in the realm of digital payments
yes, really — What happens when you test the real-world efficiency of hybrids and EVs? 18 drivers and 18 hybrids and EVs, tested on the same day on the same route. Evan Williams – Aug 15, 2023 11:00 am UTC Enlarge / The assorted cars ready for EcoRun 2023.Blake Jennings reader comments 309 with How
Libertify, an AI-driven risk management platform, unveiled its latest offering in crypto wealth management: an artificial intelligence (AI) audit. This new feature allows crypto investors to assess and manage their portfolio risks and instantly receive optimization suggestions aimed at minimizing risk without compromising performance. LibertifyCEOSteve Rosenblumemphasized the importance of learning from past market downturns. By
One step closer — Let the review beginSpaceX takes another step toward launching Starship again This milestone was on paper, not in the hustle and bustle of Starbase. Stephen Clark – Aug 15, 2023 11:12 pm UTC Enlarge / SpaceX’s Starship rocket lost control a few minutes after launch from South Texas on April 20.Jonathan
poisoned pdf — Ongoing scam tricks kids playing Roblox and Fortnite The scams are often disguised as promotions, and they can all be linked to one network. Matt Burgess, WIRED.com – Aug 15, 2023 8:57 pm UTC EnlargeSavusia Konstantin | Getty Images reader comments 22 with Thousands of websites belonging to US government agencies, leading
Private equity group TPG Capital has approached EY about buying a stake in its consulting arm in a deal that would herald a second attempt at breaking up the Big Four firm. TPG outlined its plan for a debt-and-equity deal to separate the consulting arm from EY’s audit business in a letter sent to the
Clearing the air — US picks the first two sites for carbon-capture hubs Up to $1.2 billion in funding for handling “legacy” carbon emissions. John Timmer – Aug 14, 2023 10:26 pm UTC EnlargeNicoElNino reader comments 106 with On Friday, the US Department of Energy announced that it chose the first two sites to host
The Middle East technology ecosystem is undergoing a massive transformation with programs like UAE Vision 2031 in the Emirates and Saudi Vision 2030 in the KSA drivingremarkable growth in Saudi Arabia's startup ecosystem, attracting founders eager to benefit from the government's support for entrepreneurship. Onefast-growing startupis Emkan Capital-backed fintech InvestSky.What Is InvestSky Doing In the
DOWN GOES MLS — Real estate markets scramble following cyberattack on listings provider No estimate when crucial MLS listings provided by Rapattoni will be restored. Dan Goodin – Aug 14, 2023 9:59 pm UTC Enlarge / MLS (Multiple Listing Service). Getty Images reader comments 31 with Home buyers, sellers, real estate agents, and listing websites
Support for crypto among United States politicians and voters appears to be crossing party lines with bipartisanship agreements. 692 Total views 18 Total shares Listen to article 0:00 Analysis Join us on social networksCryptos legitimacy and adoption have increased in recent years, and along with the uptick in use, the tech has become a topic
Bitcoin stays frustratingly quiet after the weekly close, but BTC price forecasts are giving ever-shorter breakout deadlines. 8449 Total views 51 Total shares Listen to article 0:00 Markets News Join us on social networksBitcoin (BTC) is painting a classic August picture as it starts the new week volatility is nowhere to be seen. In a
The month of June marked the beginning of a regulatory storm for Coinbase COIN . The SEC accused the company of operating as an unregistered broker, a charge that was part of a broader crackdown on cryptocurrency exchanges. Despite the significant fallout, which saw Binance BNB/USD experience a $300 million liquidation of crypto positions, Coinbase
Donald Trump and 18 others were charged with meddling in the 2020 presidential elections by prosecutors in Georgia, the fourth criminal case brought against the former US president in the space of five months. Fani Willis, the Fulton county district attorney, on Monday obtained a sweeping 98-page indictment from a grand jury against Trump on
Bolivian National Deputy Mariela Baldivieso is spearheading an initiative to legalize cryptocurrencies in Bolivia. The proposal aims to lift the current ban on crypto assets and urges the Ministry of Economy and Public Finance to establish regulatory norms. "Bolivia needs to embrace new technologies as a transformative opportunity to strengthen our economy, promote financial inclusion,
The month of June marked the beginning of a regulatory storm for Coinbase COIN . The SEC accused the company of operating as an unregistered broker, a charge that was part of a broader crackdown on cryptocurrency exchanges. Despite the significant fallout, which saw Binance BNB/USD experience a $300 million liquidation of crypto positions, Coinbase