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Turkish authorities have launched a crackdown on developers connected to buildings that were toppled by this week’s devastating earthquake as president Recep Tayyip Erdoğan faces growing discontent over the quality of construction in the stricken region. The justice ministry has authorised almost 150 local prosecutors’ offices to set up earthquake investigation units to probe contractors,
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Green Check Verified (GCV),a fintech provider of compliant cannabis banking solutions and services haslaunched Green Check Connect or GCC a new marketplace enabling marijuana-related businesses to find reliable financial service providers. The idea behind this marketplace is to help cannabis companies with one of their biggest struggles financial, as it connects them with providers that
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With persistent inflation and the aggressive interest rate hikes from the Federal Reserve, the stock market in 2022 experienced its most volatile year since 2009. The S&P 500 has been on a shaky decline since January 2022, and despite a few short-lived rebounds, it was down 19.4% at the end of 2022. Intraday volatility the
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Crypto giant Binance reportedly processed almost $346 million in Bitcoin BTC/USD for the Bitzlato digital currency exchange, thefounder of whichwas arrested by U.S. authorities last week for allegedly running a "money laundering engine," according to blockchain data, Reuters reported. What Happened: The Department of Justice announced on Jan. 18it had charged Bitzlatos co-founder and majority
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Do politicians have a First Amendment right to lie on the campaign trail? Probably so, suggests a federal court in a new ruling. North Carolina’s ban on dishonesty in political campaigns is “facially unconstitutional,” the U.S. Court of Appeals for the 4th Circuit said. The appeals court’s ruling isn’t a final judgment. Rather, the court
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Current, the Andreessen Horowitz-backed disruptor looking to fix the way people bank, announced the addition of Siva Gowrishankar as the firms new Chief Risk Officer. Gowrishankar joins after spending about two decades driving success at a variety of financial services firms. Previously, Gowrishankar was Head of Credit Strategy and Optimization at Fifth Third Bancorp FITB
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WASHINGTON The United States government is combing over a variety of intelligence debris, reconnaissance plane photos and old observations to learn what the Chinese spy balloon was after as it made its way across the US in early February before being shot down by a Sidewinder missile fired by a stealth fighter jet last weekend.
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Amid the highest inflation since 1981, consumers across the United States are not only struggling to keep up with their savings goals, many are falling deeper into debt to cover the rising cost of living. One study by LendingTree last year found that 43% of Americans were likely to resort to credit cards and loans
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Stablecoin holders seek stability in turbulent markets, allowing for predictable returns through U.S dollar-denominated yield. The largest risk most crypto investors are exposed to is market volatility, as digital assets may fluctuate by double-digit percentage points in a single day. Thanks to new innovations in decentralized finance (DeFi), stablecoin holders can earn low-risk yields that
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