SAN ANSELMO, CALIFORNIA – JUNE 06: In this photo illustration, the Coinbase logo is displayed on a screen on June 06, 2023 in San Anselmo, California. The Securities And Exchange Commission has filed a lawsuit against cryptocurrency exchange Coinbase for allegedly violating securities laws by acting as an exchange, a broker and a clearing agency
Month: January 2024
Six countries have earned the title of the most powerful passports in 2024 — with all of them granting visa-free travel to 194 out of 227 destinations. Four EU member states now share crown with Singapore and Japan as the number one passport in the quarterly Henley Passport Index. They are: Spain, Germany, France and
Gary Gensler, chairman of the US Securities and Exchange Commission (SEC), during an interview in Washington, DC, US, on Thursday, July 27, 2023. Andrew Harrer | Bloomberg | Getty Images Securities and Exchange Commission Chair Gary Gensler’s statement on why the agency has approved the listing and trading of a group of spot bitcoin ETFs
Consumer spending remained remarkably resilient throughout 2023, even in the face of prolonged inflation and high interest rates. But that’s unlikely to continue, according to Jack Kleinhenz, chief economist at the National Retail Federation. “A year ago, many commentators were skeptical and calling for a recession, but the recession never came. With each passing month,
In this article C Follow your favorite stocksCREATE FREE ACCOUNT Jane Fraser CEO, Citi, speaks at the 2023 Milken Institute Global Conference in Beverly Hills, California, May 1, 2023. Mike Blake | Reuters Citigroup warned investors late Wednesday that charges tied to the decline of the Argentine peso as well as the bank’s reorganization came
SAN FRANCISCO, CALIFORNIA – NOVEMBER 10: U.S. Secretary of the Treasury Janet Yellen (R) greets People’s Republic of China (PRC) Vice Premier He Lifeng at the start of a bilateral meeting at the Ritz Carlton Hotel on November 10, 2023 in San Francisco, California. Secretary Yellen and Vice Premier Lifeng will hold meetings ahead of
Chesnot | Getty Images The U.S. Securities and Exchange Commission on Wednesday approved rule changes to allow the creation of bitcoin exchange-traded funds in the U.S., a long-awaited move that will give regular investors access to the controversial and volatile cryptocurrency. The decision will likely lead to the conversion of the Grayscale Bitcoin Trust, which
Erin Collins, national taxpayer advocate at the Taxpayer Advocate Service, speaks at a Senate Appropriations subcommittee hearing in Washington, D.C., on May 19, 2021. Bloomberg | Bloomberg | Getty Images After a few difficult years, the IRS has boosted taxpayer service and technology with an infusion of funding. But there’s still room for improvement —
A ship transits the Suez Canal towards the Red Sea on January 10, 2024 in Ismailia, Egypt. Sayed Hassan | Getty Images The global supply chain is feeling the fallout from Iran-backed Houthi rebels attacking vessels in the Red Sea. Freight prices are set to jump Monday, while longer transit times around Africa are disrupting
Dado Ruvic | Reuters Crypto investors are waiting for the Securities and Exchange Commission to approve a raft of spot bitcoin applications, likely Wednesday. With a spot bitcoin ETF now looking very real, attention is turning to the details of how it will trade, how much it will cost, how much of the runup in
Mihtiander | Getty Images People age 50 and older are nearing the final stretch when it comes to planning for retirement. Yet, 62% of those in that age cohort have not consulted a professional to help plan for their golden years, according to a recent survey from AARP. The top answer for why, with 41%,
In this article UAL ALK BA Follow your favorite stocksCREATE FREE ACCOUNT In this photo released by the National Transportation Safety Board, investigator-in-charge John Lovell examines the fuselage plug area of Alaska Airlines Flight 1282 in Portland, Oregon, on Jan. 7, 2024. National Transportation Safety Board via AP Boeing CEO Dave Calhoun on Tuesday said
Europe’s fintech sector is fiercely competitive, with privately-held start-ups worth tens of billions of dollars vying to steal market share from incumbent banks. Oscar Wong | Moment | Getty Images The fintech industry saw more pain in 2023, with overall investment falling by half as higher interest rates and worsening macroeconomic conditions caused investors to
Social media posts by Maldivian officials may cost the country millions in tourism revenue, as calls by Indian travelers to boycott the island nation intensify. “We are seeing a 40% drop in bookings over the last two days,” Ankit Chaturvedi, vice president and global head of marketing at the India-based travel software company Rategain,
Student loan borrowers report spending hours on hold trying to contact their loan servicers. Laylabird | E+ | Getty Images Borrowers have been plagued by problems since the restart of student loan payments in the fall. The U.S. Department of Education said at the end of October that student loan servicer Mohela, or the Missouri
In this article 7267.T-JP Follow your favorite stocksCREATE FREE ACCOUNT Honda Saloon concept electric vehicle Courtesy Honda Honda Motor revealed two concept cars Tuesday at the CES tech conference as a preview for a new lineup of electrified vehicles that will begin arriving in North America in 2026. The concept models are called the “Space-Hub”
Japanese baseball player Shohei Ohtani attends a press conference on his presentation after signing a 10-year deal with the Los Angeles Dodgers at Dodgers Stadium in Los Angeles, California, on Dec. 14, 2023. Frederic J. Brown | AFP | Getty Images Roughly a month after Shohei Ohtani signed a $700 million contract with Major League
Nick Laham | Getty Images The National Football League offered voluntary buyouts to at least 200 employees as it gears up for start of the playoffs this coming weekend, according to a memo obtained by CNBC. The NFL, which has about 1,100 employees, told staff that it is “continuously evaluating ways to enhance efficiency and
A customer visits a supermarket in San Mateo, California, on Dec. 12, 2023. Li Jianguo | Xinhua News Agency | Getty Images Inflation is retreating from its pandemic-era highs. Economic jargon yields two similar terms — “deflation” and “disinflation” — that might describe this pullback. So, which is the U.S. experiencing? In short: Disinflation. What
Share to Facebook Share to Twitter Share to Linkedin On Jan. 4, 2023, 72-year-old widower Gerry Turner and star of ABC’s “The Golden Bachelor” married 70-year-old widow Theresa Nist. Turner and Nist met on the show, filmed over four weeks in August. Nist beat out 21 other women, including finalist and two-time divorcée Leslie Fhima.
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