Bitcoin (BTC) Dips to $60k as Turkey Bans Crypto as a Form of Payment
Before news broke of Turkey banning the use of cryptocurrency as a form of payment, Bitcoin was comfortable consolidating at the $63k support zone. At the
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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…
MTS Launches ‘Eat-Shop-Play’ to Boost Small Businesses, Reward Transit Users, After Pandemic Losses
More than 100 businesses will be part of a new transit campaign to support owners recovering from the pandemic – and trolley and bus users too.
Correction: Bank Earnings-Preview story
In a story April 13, 2021, about upcoming earnings reports from major U.S. banks, The Associated Press erroneously reported one finding from a recent New York Federal Reserve Bank study of how Americans plan to spend federal stimulus money
‘False hopes’: Small business rescue faces crunch just days after Congress extended it
The cash crunch is sneaking up on policymakers only days after Congress and the Biden administration agreed to give businesses another two months to apply for the loans.
In pandemic-stricken Cuba, cryptocurrencies are becoming a lifeline
Hit by COVID and the ongoing trade embargo, cryptocurrencies are becoming a vital lifeline in Cuba
It’s not bitcoin ‘or’ gold, but bitcoin ‘and’ gold
(Kitco commentary) – Bitcoin and cryptocurrencies continue to dominate financial markets, attracting attention from all investor types. In particular, digital currencies are taking a lot of focus away from the gold market.
Bahrain Grand Prix 2021 prize money: How much will the winner of Bahrain GP earn?
Bahrain Grand Prix 2021 prize money: Ahead of the first race of the 2021 season, find out Formula 1’s revenue distribution model and the top-earning teams.
SSI, SSDI stimulus check update: 30 million could get their $1,400 payments soon. What to know
The Social Security Administration sent missing payment files to the IRS. Those files had been preventing tens of millions of people from getting their $1,400 check. Here’s everything we know.
Business In The Week Ahead: March 29 To April 2
Nazara Technologies will make its stock market debut. Automobile sales, manufacturing PMIs are the other key data points to watch-out for