U.S

Yellen is the first female Treasury Secretary with a signature on the U.S. dollar

Yellen is the first female Treasury Secretary with a signature on the U.S. dollar

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WASHINGTON — During a recent appearance on “The Late Show With Stephen Colbert,” Treasury Secretary Janet L. Yellen was faced with a tricky question: After nearly two years on the job, why is signing her predecessor, Steven T. Mnuchin, was it still scrawled across national currency? The answer, she explained, was a quirk of coinage …

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Tier-Owned Spin Exits 10 U.S. Markets Amid Weak Demand and Unfavorable City Regulations

Tier-Owned Spin Exits 10 U.S. Markets Amid Weak Demand and Unfavorable City Regulations

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Micromobility operator Spin is exiting 10 U.S. markets due to a combination of weak demand, over-regulation, under-regulation and poor cost structures, according to a company-wide email sent Friday by Philip Reinckens, CEO of Spin, which was shared with TechCrunch. Reinckens said the market exits would help Spin cut costs and focus on growing markets that …

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U.S. Senate Hearing to Discuss FTX, New York Bans Proof of Work, and FTX Appraises its Assets: Hodler's Digest, November 20-26

U.S. Senate Hearing to Discuss FTX, New York Bans Proof of Work, and FTX Appraises its Assets: Hodler’s Digest, November 20-26

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Coming every Saturday, Summary of Hodler will help you follow every important news that happened this week. The best (and worst) quotes, adoption and regulation highlights, major coins, predictions and more – a week on Cointelegraph in one link. Top stories this week BlockFi Files For Bankruptcy, Cites FTX Collapse For Problems Digital asset lending …

U.S. Senate Hearing to Discuss FTX, New York Bans Proof of Work, and FTX Appraises its Assets: Hodler’s Digest, November 20-26 Read More »

The U.S. economy won't collapse under the "weight" of the Fed based on how these sectors perform despite inflation and oil risks

The U.S. economy won’t collapse under the “weight” of the Fed based on how these sectors perform despite inflation and oil risks

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Investors are trying to read the tea leaves on a choppy U.S. stock market to gauge whether its recent rise can continue after Federal Reserve Chairman Jerome Powell sparked bullish sentiment in late November by indicating that his aggressive stock hikes interest rates could slow. “Stock market management is telling you that the economy is …

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U.S. hiring remains strong, complicating Fed’s inflation fight

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WASHINGTON– The country’s employers continued to hire vigorously in November despite high inflation and a slow-growing economy — a sign of resilience in the face of aggressive interest rate hikes from the Federal Reserve. The economy added 263,000 jobs, while the unemployment rate remained at 3.7%, still near its lowest level in 53 years, the …

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Cancer drug company accuses U.S. market makers of stock usurpation

Cancer drug company accuses U.S. market makers of stock usurpation

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A cancer-focused biotech company has sued eight of America’s biggest traders, including Citadel Securities, Susquehanna and Virtu, alleging they deliberately depressed its stock price by placing sell orders they didn’t have not intend to perform. The lawsuit, filed Thursday by Northwest Biotherapeutics in federal court in New York, alleged that marketers “deliberately engaged in repeated …

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AMC Networks to slash 20% of its U.S. workforce as cord-cutting, streaming costs and economic jitters wreck media

AMC Networks to slash 20% of its U.S. workforce as cord-cutting, streaming costs and economic jitters wreck media

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A media industry battered by streaming losses, anemic stocks, layoffs and executive turmoil unveiled its latest losses on Tuesday: 20% of AMC Networks’ U.S. staff, or about 200 people, as well as the departure of the CEO Christina Spade. The news follows the equally sudden departure of Bob Chapek last Sunday from Disney after a …

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