Thursday, December 8, 2022
Cryptocurrencies. Chesnot/Getty Images The Biden administration is looking into regulating stablecoin issuers as if they are banks, The WSJ reported. It is also considering asking Congress to propose legislation to create a special-purpose charter tailored to these firms. The administration's recommendations will be...
Oct 2nd 2021Washington, DCROBERT KAPLAN had a busy 2020. As a voting member of the Federal Reserve’s monetary-policy committee, he participated in its decisions to ramp up stimulus. As head of the Dallas Fed, he made two dozen public...
Oct 2nd 2021AS GOVERNMENTS SPEND more, it becomes increasingly important that they design their taxes carefully. Large European welfare states such as Sweden or Germany rely on growth-friendly value-added taxes (VATs) to help raise the vast quantities of cash...
Oyo said it would also consider issuing shares worth up to Rs 1,400 crore in a pre-IPO placement.Oyo parent company Oravel Stays Ltd has filed a draft red herring prospectus with capital markets regulator SEBI to launch Rs 8,430-crore...
If the Taiwanese company wants to establish itself in the industry, it has to have a production site up and running. Source
Five9 will remain independent — its deal to be acquired by Zoom is off. Though a press release from Five9 says it was “terminated by mutual agreement,” it’s also the case that Five9 shareholders rejected the $14.7...
An Evergrande collapse is unlikely to bring down China’s financial system, but unresolved problems could still threaten social stability. Bloated government, dependence on land sales revenue, shadow banking and inefficient urbanisation all need urgent reform. Source
Facebook Chairman and CEO Mark Zuckerberg.Erin Scott | ReutersU.S. lawmakers from opposite sides of the aisle agree on virtually nothing these days. The exception is when the topic is Facebook.Republicans and Democrats grilled Antigone Davis, Facebook's global head of...
By Jim Hoft Guest post by Ed Butowsky The U.S. Bureau of Labor Statistics released its monthly Employment Situation Summary on Friday, Sept 3 at 8:30 a.m. Eastern Time. Here’s the first paragraph, with a bit of editing on my part: “Total...

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