Related
dailyhodl.com
$3,000,000,000 Worth of Bitcoin (BTC) Forfeited to US Government By Former Silk Road Founder
Silk Road founder Ross Ulbricht is forfeiting billions of dollars worth of Bitcoin (BTC) and other crypto assets to the US government. According to a new court filing, Ulbricht will relinquish any claim to over 69,000 BTC and undisclosed amounts of Bitcoin Gold (BTG), Bitcoin SV (BSV) and Bitcoin Cash (BCH) worth a combined $3 billion as part of a settlement.
The Biden administration is blaming record high inflation partly on Trump’s China tariffs
Sign up for the Fortune Features email list so you don’t miss our biggest features, exclusive interviews, and investigations. U.S. tariffs on Chinese imports survived a change in administration, but the trade-war-era levies may not survive record inflation. “We’re certainly looking at where we see costs being raised and,...
Elon Musk says the US is probably in a recession that could last up to 18 months but added that 'recessions are not necessarily a bad thing'
Elon Musk said he believes the US is probably in a recession that could last up to 18 months. The billionaire slammed the Biden Administration for printing "a zillion more dollars than it has." Musk made the comments at a tech conference in Miami on Monday. Elon Musk said on...
Elon Musk trumpets Tesla's foray into car insurance — after Warren Buffett warned any automaker would struggle in that business
Tesla has started underwriting auto insurance. Buffett previously said he would bet against any car company becoming a big winner in the space.
RELATED PEOPLE
Analysis: Food inflation pain puts emerging markets between rock and hard place
LONDON/ISTANBUL/CAIRO, May 17 (Reuters) - Like for millions of people in developing and emerging market countries around the world, shopping for staple foods has turned from a necessity into a luxury for Selcuk Gemici. The 49-year-old, who works in an auto repair shop in Turkey's largest city Istanbul and lives...
BOJ deputy vows to maintain monetary stimulus despite price pressures
TOKYO, May 17 (Reuters) - The Bank of Japan must maintain current monetary stimulus to create sustainable increases in prices, corporate profits, jobs and wages, its deputy governor said on Tuesday, dismissing speculation about an early exit from accommodative settings. With inflation in Japan far below levels in the United...
EXCLUSIVE Equinor, Exxon agree to expand Brazil oil operations
HOUSTON, May 17 (Reuters) - Equinor SA (EQNR.OL) and Exxon Mobil Corp (XOM.N) have taken the first steps to expand an $8 billion oil development off Brazil's coast, the Norwegian oil producer told Reuters. The firms want to boost future production from the Bacalhau oil field, Equinor's largest project outside...
Comments / 0