Powell calls cryptocurrencies ‘vehicles for speculation’

Federal Reserve Chair Jerome Powell holds a news conference following the Federal Reserve’s two-day Federal Open Market Committee Meeting in Washington, July 31, 2019.Sarah Silbiger | ReutersCryptocurrencies are largely for making bets on price increases and haven’t reached the status of payment mechanisms, Federal Reserve Chairman Jerome Powell said Wednesday.”They’re really vehicles for speculation,” the…

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L’Arche Clinton online auction begins Monday

Apr. 4—CLINTON — L’Arche Clinton is having an online auction to support this month to raise funds for the organization. L’Arche provides homes where people with and without intellectual disabilities live and work together as peers, create inclusive communities of faith and friendship, and transform society through relationships that cross social boundaries, according to its website. To bid on …