In a hearing on June 17 before the House Committee on Financial Services, Chairman of the Federal Reserve Jerome Powell got into an exchange with Representative Tom Emmer (R-MN) over the subject of a central bank digital currency. Is there any progr...
© Reuters. FILE PHOTO: Mexico’s President Obrador holds a news conference in Mexico City MEXICO CITY (Reuters) – Mexican President Andres Manuel Lopez Obrador ramped up verbal attacks on Spain’s Iberdrola (MC:) on Wednesday, accusing the power genera...
Intro It’s been about a year since my last Baidu (NASDAQ:BIDU) article on SA where I laid out the case for an intrinsic value around $126B ($350/US ADR) in the long term. It’s roughly flat since then (as is the S&P 500), although it’s been a trad...
Days into his term as acting head of the Office of the Comptroller of the Currency, Brian Brooks spoke with Cointelegraph on how he hopes to update legacy systems with crypto technology. Brooks came to the OCC from a role running Coinbase’s legal tea...
Stephen Roach, Yale University senior fellow and former Morgan Stanley Asia chairman, has a warning for U.S. dollar bulls. The prominent economist says that the era of the U.S. buck may be coming to an end and is forecasting a 35% decline soon in the...
The World Economic Forum (WEF) hopes to make corrupt activity in the public sector more difficult using blockchain technology. “Corruption is a ‘high-potential’ space for blockchain because you really benefit from decentralization; records are very...
© Reuters. Outbreak of the coronavs disease (COVID-19) in Oakland, California (Reuters) – Southwest Airlines (N:) said on Wednesday it has enough cash to carry on business for the next two years, up from its prior forecast of 20 months, as travel dem...
The Bitcoin (BTC) mining difficulty has seen its biggest upward move for over two years after warnings over BTC price selling pressure. According to data from on-chain monitoring resource BTC.com on June 17, the latest difficulty adjustment saw diffi...
Whirlpool Corp. (WHR) is one of the world’s largest home appliance manufacturers with a diverse brand portfolio, including its namesake “Whirlpool”, “Maytag”, and “KitchenAid”, among others. Despite weak growth in recent years amid a highly competiti...
After a single day of trading, Compound’s COMP token has emerged as the largest decentralized finance (DeFi) token by market capitalization. COMP overtook MakerDAO’s MKR token by market cap as it rallied by more than 60% over just a few hours. The to...