Tether, the world’s largest stablecoin, reduces trading paper to zero
by Tether, the world’s largest stablecoin, has reduced its commercial paper to zero, replacing it with US Treasury bills, according to a blog post. The popular …
Tag: business news
October 2022 Fed Minutes:
Federal Reserve officials were surprised at the pace of inflation and said at their last meeting that they expected higher interest rates to remain in …
FDA approves Covid omicron booster vaccines for children
The Food and Drug Administration on Wednesday approved Covid booster shots targeting the micron variant for preschoolers through elementary school students. Pfizer’s new omicron boosters …
Pound whips after mixed messages from Bank of England
In this photo, the British pound is shown. Karol Serewis | Lightrocket | Getty Images The GBP It recovered losses on Wednesday morning after a …
China is rushing to control new Covid cases across the country
Workers in Shanghai’s Changning district put up a fence on October 7, 2022, around a neighborhood lockdown following reports of new Covid cases. Hector Retamal …
Jamie Dimon says Musk should ‘clean up Twitter’, echoes bot concerns
JP Morgan CEO Jamie Dimon speaks at the Boston College Chief Executives Club luncheon in Boston, Massachusetts, USA, November 23, 2021. Brian Snyder | Reuters …
The Nobel Prize in Economics is awarded to US-based economists, including Bernanke
Ben Bernanke, former chairman of the U.S. Federal Reserve, speaks during the Annual Meeting of the American Economic Association and the Association of Allied Social …
Musk says Beijing doesn’t want to sell Starlink to China: FT report
Elon Musk told the FT that Beijing does not want to sell its Starlink satellite internet service to China. In this image, Musk talks about …
Dow futures fall 170 points to start week on key inflation data, earnings ahead
Traders on the floor of the New York Stock Exchange. Getty Images Stock futures are lower on Sunday night as markets emerge from a tumultuous …
Russia appoints new commander-in-chief of its army in Ukraine
Russian President Vladimir Putin (L) toasts with Prime Minister Dmitry Medvedev next to Sergei Surovykin, the commander of Russian troops in Syria, after a state …