A New Crypto Banking System Arises Under the Shadow of a Regulatory Crackdown
Two months after the collapse of Silvergate Capital Corp. and Signature Bank, a new banking landscape for crypto
2023-06-09 15:26
Cyprus labors to shield reputation amid new US, UK action on Russian 'sanctions evasion network'
For Cypriots, it was a collective "here we go again" moment: In April, the U.S. and the U.K. included a handful of Cypriot nationals and Cyprus-registered companies on a list of “enablers” helping Russian oligarchs skirt sanctions
2023-06-09 14:17
Car-obsessed California seeks to follow New York's lead and save public transit
California's transit agencies are asking Democrats who control the state's government to rescue them like Democrats in New York recently did
2023-06-09 13:27
Speaker McCarthy eyes new commission to tackle nation's debt, but many Democrats are wary
House Speaker Kevin McCarthy is studying history and considering the appointment of a mix of lawmakers and business leaders to a new commission to tackle the nation’s soaring debt
2023-06-09 12:50
TikTok-Owner Tests ChatGPT-Style Bot After Joining China AI Race
ByteDance Ltd. is testing an artificial intelligence-powered chatbot among employees, joining rival Chinese internet conglomerates from Alibaba Group
2023-06-09 11:27
Japan aims to refocus its foreign aid on maritime and economic security and national interests
Japan has approved a major revision to its development aid policy to focus on maritime and economic security and its national interests while helping developing nations overcome challenges amid China’s growing influence
2023-06-09 11:17
China's factory gate deflation speeds up in May as demand wanes
BEIJING China's factory gate prices fell at the fastest pace in seven years in May and quicker than
2023-06-09 10:55
Oil Set for Second Weekly Drop as Demand Concerns Return to Fore
Oil headed for a second weekly drop as demand concerns returned to the fore, snuffing out gains driven
2023-06-09 09:50
'Dollarization' of North Korean economy, once vital, now potential threat to Kim's rule
North Korea has tolerated the widespread use of more stable foreign currencies like U.S. dollars and the Chinese yuan since a bungled revaluation of the won in 2009 triggered runway inflation and public unrest
2023-06-09 09:29
Nevada Senate vote on proposed A's stadium in Las Vegas extended until next week
The Nevada Senate adjourned on Thursday without voting on a a financing bill for a proposed $1.5 billion Las Vegas Strip stadium for the Oakland Athletics, extending the special legislative session into the next week amid negotiations over whether to contribute $380 million in public funding to the project
2023-06-09 08:51
Los Angeles county DA's office quits Twitter due to barrage of 'vicious' homophobic attacks
The Los Angeles county district attorney's office has left Twitter due to barrage of what the office called vicious homophobic attacks
2023-06-09 08:24
Biden picks longtime transportation official as acting head of the Federal Aviation Administration
The Federal Aviation Administration has another acting leader at the controls
2023-06-09 08:23