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2 mins read
The US has become the world's top LNG exporter as it funnels supply to European consumers at the mercy of Russia
According to the Energy Information Administration, 71% of US LNG exports went to the EU and UK as …
Zahra Tayeb
2 mins read
The US and Europe are searching for a way to limit Russia's oil revenues without driving a price spike, Janet Yellen says
"The objective is to limit the revenue going to Russia," US Treasury Secretary Janet Yellen said be…
Zahra Tayeb
2 mins read
Goldman Sachs cuts its US GDP forecast for 2022 again, saying the Fed's rate hikes are 'in the ballpark' for cooling inflation
The Fed's rate hikes are in the ballpark of what's ultimately needed to cool wage and price pressur…
Zahra Tayeb
2 mins read
A US Treasury official has warned crypto exchanges that help Russia skirt sanctions: 'We will come, and we will find you'
The US will track down and hold to account crypto exchanges and anyone else who helps Russia sidest…
Adam Morgan McCarthy
2 mins read
Ukraine's central bank has devalued the nation's currency by 25% against the dollar in a bid to shore up its war-torn economy
Central-bank officials want to improve the competitiveness of Ukraine's economy, as a soaring US do…
Amanda Cooper
1 min read
The US sentenced a crypto expert to 5 years in prison after he gave a blockchain presentation in North Korea
Virgil Griffith was sentenced to five years in prison for undermining US sanctions on North Korea a…
Insider Inc.
2 mins read
Campaigners call for bitcoin miners to drop 'proof of work' to reduce their excessive use of energy
Greenpeace and other climate groups hope to tackle the excessive energy use in bitcoin mining by en…
Adam Morgan McCarthy
2 mins read
Why Xiaomi won’t sell smartphones in the US just yet
After setting foot in the world’s two most populous countries — India and China, Xiaomi is now adva…
1 min read
Robinhood drops on report crypto exchanges Bitstamp and Sam Bankman Fried's FTX are working to add stock trading to their US platforms
The president of FTX.US tweeted Tuesday the exchange is "hard at work on stocks" and hoping to have…
Natasha Dailey
1 min read
Metaverse property mogul touts 10-fold appreciation in virtual real estate portfolio: 'It's all about the location'
"I think we're going to see a quick appreciation and monetize renting that land and space very soon…
Carla Mozée
2 mins read
Billionaire trader Paul Tudor Jones sounds the inflation alarm, touts bitcoin over gold, and warns stocks could fall in a new interview. Here are the 8 best quotes.
The Tudor Investment Corporation founder called on the Federal Reserve to tackle inflation, and cau…
Theron Mohamed
1 min read
Coinbase inks sponsorship deal with the NBA as crypto continues its push into pro sports
Coinbase has inked a multiyear partnership that includes the NBA, WNBA, NBA G League, NBA 2K League…
Isabelle Lee
1 min read
The US unseats China as world's biggest bitcoin miner, accounting for a third of the global hash rate after Beijing's crackdown
The increase in the share of the US came after China in September banned all cryptocurrency transac…
Isabelle Lee
2 mins read
Investors should stick with stocks and ETFs tied to the economic rebound as stagflation concerns are 'misplaced', says BlackRock
"The economy is growing substantially above potential," which should counter stagflation concerns, …
Carla Mozée
2 mins read
The Fed's vice chair made multimillion-dollar stock trades right before Jerome Powell signalled pandemic-driven policy action in 2020
Regional Fed president Clarida traded between $1 million to $5 million out of a bond fund into stoc…
Shalini Nagarajan
2 mins read
Mark Cuban says Coinbase should be aggressive in engaging with the SEC - and argues the crypto industry needs exemptions like the internet got in the '90s
The "Shark Tank" investor suggested it's better for Coinbase to go after the SEC rather than leave …
Shalini Nagarajan
1 min read
Richard Branson's Virgin Orbit to go public in SPAC merger valuing the satellite launch company at $3.2 billion
Virgin Orbit in January took 10 small satellites to Earth's orbit for NASA in its first successful …
Carla Mozée
2 mins read
Crypto's reputation as a bank-free zone is pulling in LGBTQ and Black Americans who want to build wealth, report says
Crypto is proving attractive to marginalized groups in the US who feel traditional financial instit…
Camomile Shumba
2 mins read
T-Mobile confirms data breach that might affect 100 million users
"We have determined that unauthorized access to some T-Mobile data occurred," a spokesperson said i…
Isabelle Lee
2 mins read
Investors are flocking to 'quality' in the stock market as the economic cycle nears peak growth, BlackRock says
"Some of the early-cycle investment opportunities may have already played out, especially in the US…