Sunday, July 12, 2026

Monthly Archives: May, 2023

Dow falls again. Nasdaq up marginally. S&P lower.

The Dow Industrial Average has been down 8 of the last 9 trading days. That's the bad news. The good news is that the...

Medicare could face legal action over drug price negotiations

Pfizer CEO Albert Bourla talks during a press conference with the president of the European Commission after a visit to oversee the production of...

F.B.I. Violations of Rules for Searching Surveillance Data Drop, Audit Finds

The NewsRecent changes by the Federal Bureau of Investigation appear to have significantly improved compliance with rules limiting when agents may access communications intercepted...

Federal Reserve’s FedNow will integrate with Metal Blockchain

The Federal Reserve’s forthcoming instant payment service FedNow will be integrated with Metal Blockchain, according to a May 11 announcement from the Metal Blockchain...

Ethereum Mainnet Was Unable to Fully Finalize Transactions for 25 Minutes

Developers resolved the finalization issues and are investigating what caused the outage. www.coindesk.com

BlockGPT launches ‘chat to earn’ ecosystem for training AI

BlockGPT, a recently-launched Web3 company, announced the launch of its ‘chat to earn’ artificial intelligence (AI) service and related blockchain ecosystem on May 11. According...

BlockFi users to get back $297M from Wallet accounts: Report

A United States judge has granted permission to bankrupt crypto lender BlockFi to return $297 million to customers with deposits held in its Wallet...

Dollar strengthens on mixed markets, commodities under pressure

Market participants will continue to digest the latest inflation numbers across the globe and the resurgence of US bank fears. Regarding data, the...

Safaricom M-Pesa receives Ethiopian mobile money license, ending state monopoly

The National Bank of Ethiopia (NBE) has issued a mobile money-service license to Safaricom M-Pesa Mobile Financial Service, it announced May 11. Previously, only...

Elon Musk announces he will step down as Twitter CEO

Twitter chief executive officer Elon Musk has announced that he will be transitioning to executive chair and chief technology officer of the social media...

Bitcoin BTC Price Edges Below $27K as Latest Bank Crisis Fails to Trigger Price Increase

The largest cryptocurrency by market capitalization was recently trading at around $26,950, down over 3% in the past 24 hours. BTC had been hovering...

House Approves Stringent G.O.P. Border Bill, Attacking Biden on Immigration

House Republicans pushed through a sweeping border security bill on Thursday that would crack down on unlawful immigration, blowing past solid Democratic opposition and...

Elon Musk’s Twitter (TWTR), Crypto’s Town Square, Has Found a New CEO

Musk didn't identify his replacement by name, but said she'll start in about six weeks. The billionaire – who bought Twitter last year and,...

Meeting Between Biden and Republicans Delayed as Both Sides Work Toward Debt Limit Deal

President Biden and top congressional leaders agreed to postpone their next round of debt limit talks, which had been scheduled for Friday, until next...

‘The SEC’s actions have crippled a nascent industry’ — Paradigm requests amicus brief for Coinbase

Paradigm, the crypto investment firm led by Coinbase co-founder Fred Ehrsam, has petitioned to file an amicus brief in support of Coinbase’s case against...

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