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The United States Federal Reserve began its most aggressive quantitative tightening efforts in March 2022, raising benchmark interest rates in the year since from near-zero to 4.75% to 5% annually. While the central bank has successfully brought down inflation to some degree, the increasing interest rates are starting to cause cracks in the global banking
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On April 3, 2023, the Dfinity Foundation, a development team behind the Internet Computer (ICP) network, announced the launch of a native ICP token called “chain-key bitcoin” or “ckBTC.” The bitcoin derivative is backed 1:1 with the leading cryptocurrency asset. On Monday, Dfinity detailed that the technology “builds on the protocol-level integration with the Bitcoin
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Chicago Public Schools moved closer to investment grade status with an S&P Global Ratings upgrade last week that came just one week after district leaders again sounded alarms of a gaping budget hole once federal COVID-19 aid runs out.   Governance changes are also coming after Tuesday’s runoff election picks a replacement for Mayor Lori
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The Securities and Exchange Commission’s Best Execution proposal is receiving significant pushback from the muni market for its overlap with existing rules at the Municipal Securities Rulemaking Board and the Financial Industry Regulatory Authority and for other concerns unique to fixed income markets that advocates say could lead to significant consequences. That’s according to comments
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The CBI said on Monday that it was expanding an inquiry into misconduct at the industry trade body after allegations of sexual harassment, cocaine use and rape emerged, separate to earlier claims about director-general Tony Danker. Danker stood aside last month pending the outcome of an independent investigation by law firm Fox Williams into allegations
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The writer is chair of Public Understanding of the Humanities at the School of Advanced Study, University of London, and the author of ‘The Wrath to Come’ “Unprecedented Government scandal,” read the headlines, as revelations of bribery, corruption, pay-offs and cover-up in the White House rocked the US. The administration was accused of “unprecedented corruption”,
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Ferry operators are exploring rationing the number of coaches that pass through the UK’s busiest port in an effort to avert a repeat of last weekend’s travel chaos, sparking a furious reaction from transport companies. Some coaches were left waiting for up to 14 hours to board ferries from Dover as the Easter holiday getaway
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Elizabeth Warren, the Democratic senator from Massachusetts, has recently launched a political campaign against cryptocurrencies as she seeks a third term in office in 2024. In a recent interview on “Meet the Press Reports” with NBC’s Chuck Todd, Warren likened buying bitcoin to “buying air.” Despite her stated distrust of banks, Warren told the show
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Risk management is the main focus of this trading psychology video. David Jones focuses our attention on how to balance risk and reward when opening trades and how limiting losses carries the same weight as getting maximum profits. How to set Stop Loss and Take Profit levels is also shown with easy to understand real-life
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