FTX founder Sam Bankman-Fried will testify next week at a US Congressional hearing on the collapse of his crypto group, in a twist that will mark his first public contact with US officials about the events surrounding its bankruptcy. Maxine Waters, chair of the U.S. House Committee on Financial Services, announced on Friday Bankman-Fried’s participation …
Sam Bankman-Fried to Testify Before Congress on FTX Failure Read More »
Marijuana legalization advocates rally outside the White House in Washington, DC (Photo by … [+] Marvin Joseph/The Washington Post via Getty Images) The Washington Post via Getty Images Federal marijuana reform and legalization is a matter of “when”, not “if”. But based on the structural dynamics of Congress and the complexities of administrative action, the …
Why markets should be skeptical of federal marijuana reform Read More »
Railroad workers could leave the industry after Congress forced a contract that grants them no paid sick leave, an exodus that would ripple through an economy dependent on freight railroads to move goods. The exit of thousands of train drivers and engineers would be felt by big business and American consumers alike. It could slow …
Rail workers warn of exodus after Congress pushes through deal Read More »
WASHINGTON — The bipartisan industrial policy legislation that President Biden signed into law this summer called for a $10 billion effort to revive economically booming regions across the country: a series of “innovation hubs” in 20 zones. metropolitan. Supporters of targeted federal efforts to revitalize troubled areas are eagerly waiting for the Commerce Department to …
“Innovation hubs” aim to address areas in difficulty. Congress just has to fund them. Read More »
WASHINGTON (AP) — The U.S. House of Representatives moved urgently to end the looming nationwide railroad strike on Wednesday, passing a bill that would bind businesses and workers to a proposed settlement concluded in September but rejected by some of the 12 unions concerned. The measure passed by a vote of 290 to 137 and …
House votes to avoid rail strike and force union deal Read More »
Suze Orman speaks during AOL’s BUILD Speaker Series at AOL Studios in New York City. jenny anderson | WireImage | Getty Images If your car breaks down or you have an unexpected medical bill, it can be difficult to find the money to cover expenses. In a pinch, it can be tempting to withdraw money …
Joe Biden called on Congress to step in and block a railroad strike before next month’s deadline in stalled contract talks, saying a strike would “destroy our economy”. Biden’s move comes as business groups warned the impending strike would hit just before the holiday season and worsen inflation problems in the United States. “Let’s be …
Biden calls on US Congress to block railroad strike that could ‘devastate the economy’ Read More »
Throughout the round, the president offers his thoughts on the impact of a potential railroad strike and the state of the US economy on “Maria Bartiromo’s Wall Street.” Business groups across the United States called on Congress on Monday to take “immediate” action to intervene and avert an impending nationwide rail strike that could wreak …
Business groups urge Congress to take ‘immediate’ action to avert railroad strike Read More »
Thomas Barwick | Digital vision | Getty Images Many families struggle to come up with money when faced with an unexpected $400 expense. This lack of emergency savings may force them to borrow money at high interest rates to pay for the surprise expense, putting their financial security at risk. Congress now has a window …
How Congress can make it easier to set aside money for emergency spending Read More »
Thanks to parallel internets, the platforms have caused seismic changes in global data flows. Getty The global political movement to improve connectivity and bridge the digital divide has resulted in reports on international data markets and associated regulatory policies. The articles present sometimes confusing terminology: usage, transit, peering and interconnection. Each term has a specific …
Seismic Changes in International Data Markets Require Broadband Internet Policy Update Read More »
