Month: February 2023

In this article USDT.CM= Follow your favorite stocksCREATE FREE ACCOUNT Tether previously claimed its stablecoin was backed 1-to-1 by U.S. dollars. Justin Tallis | Afp | Getty Images Tether on Thursday published its latest quarterly financials, with the world’s top stablecoin issuer stating publicly for the first time that it generated a profit.  Tether, which
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Kraken is one of the world’s largest crypto exchanges. Tiffany Hagler-Geard | Bloomberg via Getty Images Crypto exchange Kraken will shutter its U.S. cryptocurrency staking operation and pay a $30 million fine to settle an enforcement action alleging it sold unregistered securities, the Securities and Exchange Commission said Thursday. The SEC alleged Kraken failed to register
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Median rents in Manhattan hit a new record in January as a strong job market and limited supply of apartments lifted prices. The median rental price rose 15% to $4,097 from the year-earlier month — the highest ever in January, according to a report from Douglas Elliman and Miller Samuel. The average rent in Manhattan
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Civilians look for survivors under the rubble of collapsed buildings in Kahramanmaras, close to the quake’s epicentre, the day after a 7.8-magnitude earthquake struck the country’s southeast, on February 7, 2023. Adem Altan | AFP | Getty Images Life for millions across Turkey and Syria changed forever on Monday, as two consecutive earthquakes sent shockwaves
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Credit Suisse on Thursday reported a fourth-quarter and annual net loss that missed expectations, as the Swiss bank continued with its huge strategic overhaul. The lender’s fourth-quarter net loss attributable to shareholders came in at 1.4 billion Swiss francs ($1.51 billion), worse than analyst projections of a loss 1.32 billion Swiss francs, according to Eikon.
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President Joe Biden delivers the State of the Union address to a joint session of Congress on Feb. 7, 2023 Pool | Getty Images President Joe Biden used his State of the Union speech on Tuesday to get rare unanimity among Democrats and Republicans on one key issue: protecting Social Security and Medicare. For now,
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Tax Notes reporters Sarah Paez and Kiarra Strocko discuss what they found in an exploration of the OECD-supported mediation process for multinational corporations. This transcript has been edited for length and clarity. David D. Stewart: Welcome to the podcast. I’m David Stewart, editor in chief of Tax Notes Today International. This week: multinational mediation. With
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I have been a strong advocate of the Consumer Financial Protection Bureau (CFPB) from its inception, but a recent measure that targets multi-lender web sites (MLs) are more likely to damage than protect mortgage borrowers. There are two approaches toward protecting mortgage shoppers dealing with multi-lender web sites. One approach, the one deployed by CFPB,
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