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EXPLAINER-What makes a crypto asset a security in the U.S.?
By Jody Godoy (Reuters) - Determining whether digital tokens are securities will be central to the high-stakes case brought by U.S. regulators alleging crypto platform Coinbase violated the law by fai...
Syndicated Content Jun 07, 2023
Some economists challenge Fed view very low rate world will return one day
By Michael S. Derby NEW YORK (Reuters) - Some economists are challenging the view central to some Federal Reserve officials that once the current inflation surge and resulting rate tightening have run...
Syndicated Content Jun 07, 2023
Argentine fintech Uala to offer high-yield accounts in Mexico
MEXICO CITY (Reuters) - Argentine fintech unicorn Uala said on Wednesday it launched a high-yield savings account in Mexico after getting approval from regulators to acquire Mexico's ABC Capital Bank ...
Syndicated Content Jun 07, 2023
Analysis-Boeing, Northrop face obstacles in commercializing flagship US rocket
By Joey Roulette WASHINGTON (Reuters) - NASA's plans to turn over its flagship rocket to contractors Boeing and Northrop Grumman to find more buyers and bring down costs faces steep hurdles thanks to ...
Syndicated Content Jun 07, 2023
Man Group CEO says central banks have made little difference to inflation
By Nell Mackenzie and Chiara Elisei LONDON (Reuters) - Hedge fund Man Group Chief Executive Luke Ellis believes central banks have not tamed inflation and threats to the broader economy persist, he sa...
Syndicated Content Jun 07, 2023
Amazon plans ad-tier for Prime Video streaming service – WSJ
(Reuters) - Amazon is planning to launch an advertising-supported tier of its Prime Video streaming service, the Wall Street Journal reported on Wednesday, citing people familiar with the matter. (Rep...
Syndicated Content Jun 07, 2023
Binance.US pauses OTC trading, says deposits and withdrawals functioning as normal
(Reuters) - Crypto exchange Binance.US said on Wednesday it has decided to pause its over-the-counter trading portal, adding that deposits and withdrawals continue to function as normal. U.S. regulato...
Syndicated Content Jun 07, 2023
BT CEO pay to be frozen until retirement – Sky News
(Reuters) -BT Group's CEO Philip Jansen is to freeze his salary of 1.1 million pounds ($1.4 million) until he retires from Britain's largest telecoms group, Sky News reported on Wednesday. The BT Grou...
Syndicated Content Jun 07, 2023
US, European hotel room rates could keep rising – industry executives
By Doyinsola Oladipo NEW YORK (Reuters) - Hotel room rates in the U.S. and Europe are rising and may get even more expensive as supply has failed to keep up with demand, industry executives said. U.S....
Syndicated Content Jun 07, 2023
FBI says artificial intelligence being used for ‘sextortion’ and harassment
By Raphael Satter WASHINGTON (Reuters) - The Federal Bureau of Investigation has warned Americans that criminals are increasingly using artificial intelligence to create sexually explicit images to in...
Syndicated Content Jun 07, 2023
Peoria, IL, USA
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