All About Everything

Bitcoin Beach: What Happened When an El Salvador Surf Town Went Full Crypto

An anonymous donor turned a tiny Pacific coast town without a bank into the world's biggest Bitcoin experiment. Up next: the entire country. undefined. Evening surf in El Zonte, May 2021. Photographer: Cristina Baussan for Bloomberg Businessweek. By.

The FCC proposes further restrictions on Chinese telecom equipment.

The New York Times

The New York Times

MSNBC employees are forming a union. 'Mediocre' men get ahead in finance more easily, say women in the industry. Southwest Airlines' operations are steady ...

Will Lina Khan bring a reckoning to Silicon Valley? She'll face major challenges.

The Washington Post

The Washington Post

Lina Khan's rise to the chair of the Federal Trade Commission has been celebrated by Silicon Valley's critics as the dawn of a new age of tougher antitrust enforcement. She was sworn into office with one of the most ambitious visions of any chair at the agency ...

Mark Cuban Calls for Stablecoin Regulation After Trading Token That Crashed to Zero

Here's a chart you never want to see. It's of the DeFi Titanium token, which in one day went from being valued around $60 to $0. Even in the world of crypto, where massive drawdowns are commonplace, 100% washouts are pretty rare, especially in such short ...

Investors trim long positions on Asian currencies, yuan bets halved

BENGALURU (Reuters) - Long bets on most of Asia's emerging currencies were trimmed, a Reuters poll showed on Thursday, as investors weigh the prospect of tighter monetary settings as the U.S. recovery outperforms, while the COVID-19 situation locally ...

Xi Jinping Picks Top Lieutenant to Lead China's Chip Battle Against US

Chinese President Xi Jinping is renewing his years-long push to achieve technology self-sufficiency by tapping a top deputy to shepherd a key initiative aimed at helping domestic chipmakers overcome U.S. sanctions. Liu He, Xi's economic czar whose ...

Fed Catch-Up to Market Pricing Has Street Standing Firm on Calls

A hawkish surprise from the Federal Reserve may have jolted financial markets, but it's not enough to dislodge strategists from their conviction calls. Many say officials are merely catching up with market pricing and are holding firm with forecasts for a gradual ...

Oil Near $72 as Investors Size Up Fed's Shift, Lower Stockpiles

Oil traded near $72 a barrel as investors weighed signs of a tightening global crude market against the Federal Reserve's decision to start moving toward an end of its ultra-easy monetary policy. West Texas Intermediate was 0.5% lower, and Brent also fell.

Miami's mayor looks to woo Chinese bitcoin miners with low energy prices and clean nuclear power

CNBC

CNBC

Mayor Francis Suarez told CNBC that Miami is working to lower the cost of electricity in order to entice bitcoin miners to make the move to Florida. Suarez is looking to patriate China's mining diaspora by promoting the city's essentially unlimited supply of ...

Tech shares buck trend as hawkish Fed weighs on global stock markets

LONDON, June 17 (Reuters) - Wall Street was broadly under pressure on Thursday and European shares fell for the first time in two weeks on hawkish signals from the U.S. Federal Reserve, even as U.S. technology stocks notched gains. The U.S. dollar hit a ...