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Don’t blame stimulus checks for inflation, says Andrew Yang, who still supports sending free cash to most Americans
[ad_1] MIAMI — Former presidential candidate Andrew Yang says that Covid stimulus checks are not to blame for the recent inflation spike — and he’s still in favor of sending people free cash as a way to insulate workers from economic shocks and technological disruption. The universal basic income (UBI) evangelist told CNBC on the […]
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We’re all gonna make it? Crypto bosses say the ‘tide is turning’ on regulation
[ad_1] Changpeng Zhao, founder and CEO of Binance, speaks at the Blockchain Week Summit in Paris, France, on April 13, 2022. Benjamin Girette | Bloomberg | Getty Images PARIS — The crypto world may have turned a corner when it comes to regulation. The bosses of several major crypto companies told CNBC regulators are beginning […]
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Biden to nominate Michael Barr as Fed bank regulator in second attempt to fill post
[ad_1] U.S. President Joe Biden announces the nomination of Federal Reserve Chair Jerome Powell for a second four-year term, and Federal Reserve board member Lael Brainard to serve as vice chair, in the Eisenhower Executive Office Building’s South Court Auditorium at the White House in Washington, U.S., November 22, 2021. Kevin Lamarque | Reuters President […]
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White House will crack down on Russian attempts to evade sanctions, Biden security advisor says
[ad_1] Jake Sullivan, White House national security adviser, speaks during an interview at an Economic Club of Washington event in Washington, D.C., U.S., on Thursday, April 14, 2022. Al Drago | Bloomberg | Getty Images WASHINGTON — National security adviser Jake Sullivan said Thursday that the Biden administration is focused on ensuring Russia isn’t able […]
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Watch Treasury Secretary Janet Yellen speak live on the global financial system
[ad_1] [The stream is slated to start at 10 a.m. ET. Please refresh the page if you do not see a player above at that time.] Treasury Secretary Janet Yellen testifies Wednesday before the House Financial Services Committee on the state of international finance. In remarks prepared for the hearing, Yellen in particular noted the […]
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Climate change could cost U.S. $2 trillion each year by the end of the century, White House says
[ad_1] Dry cracked earth is visible in an area of Lake Powell that was previously underwater on March 28, 2022 in Page, Arizona. As severe drought grips parts of the Western United States, water levels at Lake Powell dropped to their lowest levels since the lake was created by damming the Colorado River in 1963. […]
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Britain announces plans to mint its own NFT as it looks to ‘lead the way’ in crypto
[ad_1] In this photo illustration a novelty Bitcoin token is photographed on £10 notes. Matt Cardy | Getty Images LONDON — The U.K. government on Monday announced plans to mint its own non-fungible token, as part of a push toward becoming a “world leader” in the cryptocurrency space. Finance Minister Rishi Sunak has asked the […]
