Bitcoin cash (BCH), a cryptocurrency created by a hard fork of the Bitcoin blockchain in 2017, fell 20% last week, its biggest slide since April, according to data on TradingView and CoinDesk. The sell-off happened as defunct exchange Mt. Gox said it would begin paying back creditors the roughly $9 billion worth of tokens taken
Japanese automakers Honda and Nissan have announced plans to join forces, forming the worlds third-largest automaker by sales as the industry undergoes dramatic changes in its transition away from fossil fuels. The two companies said they had signed a memorandum of understanding on Monday and that smaller Nissan alliance member Mitsubishi Motors also had agreed
Starbucks workers have expanded their strike to four more US cities, including New York, the union representing over 10,000 baristas said late on Saturday. The five-day strike, which began on Friday and initially closed Starbucks cafes in Los Angeles, Chicago and Seattle, has added locations in New Jersey, New York, Philadelphia and St. Louis, Workers
Crypto derivatives trading became bigger than ever in March, but its share in the total market activity declined for the sixth consecutive month, according to London-based digital assets data provider CCData. Trading volume in futures and options tied to cryptocurrencies on centralized exchanges rose 86.5% to a record high of $6.18 trillion, translating to three
Donald Trumps bid to acquire struggling cryptocurrency firm Bakkt could face a turbulent approval process in New York that would put him on a collision course with Gov. Kathy Hochuls administration, The Post has learned. Trump Media and Technology Group (TMTG), the parent of Truth Social, is reportedly close to an all-stock acquisition of Bakkt,
Amazon workers affiliated with the Teamsters union continued a strike Friday at seven of the companys delivery hubs just days before Christmas. At midnight on Saturday, workers at a prominent unionized warehouse in New York will also join, the Teamsters said. However, the union has not indicated how many employees were participating in any of the walkouts
Bitcoin cash (BCH), a cryptocurrency created by a hard fork of the Bitcoin blockchain in 2017, fell 20% last week, its biggest slide since April, according to data on TradingView and CoinDesk. The sell-off happened as defunct exchange Mt. Gox said it would begin paying back creditors the roughly $9 billion worth of tokens taken
Japanese automakers Honda and Nissan have announced plans to join forces, forming the worlds third-largest automaker by sales as the industry undergoes dramatic changes in its transition away from fossil fuels. The two companies said they had signed a memorandum of understanding on Monday and that smaller Nissan alliance member Mitsubishi Motors also had agreed
Starbucks workers have expanded their strike to four more US cities, including New York, the union representing over 10,000 baristas said late on Saturday. The five-day strike, which began on Friday and initially closed Starbucks cafes in Los Angeles, Chicago and Seattle, has added locations in New Jersey, New York, Philadelphia and St. Louis, Workers
Crypto derivatives trading became bigger than ever in March, but its share in the total market activity declined for the sixth consecutive month, according to London-based digital assets data provider CCData. Trading volume in futures and options tied to cryptocurrencies on centralized exchanges rose 86.5% to a record high of $6.18 trillion, translating to three
Donald Trumps bid to acquire struggling cryptocurrency firm Bakkt could face a turbulent approval process in New York that would put him on a collision course with Gov. Kathy Hochuls administration, The Post has learned. Trump Media and Technology Group (TMTG), the parent of Truth Social, is reportedly close to an all-stock acquisition of Bakkt,
Chicago Public Schools’ Northside College Prep High School. The district’s Board of Education ousted its CEO, Pedro Martinez, in a heated special meeting Friday. Bloomberg News Chicago Mayor Brandon Johnson’s handpicked Board of Education unanimously approved the firing of Chicago Public Schools CEO Pedro Martinez late Friday in a heated special meeting. S&P Global Ratings
Minneapolis has earned an upgrade to Aaa from Moody’s Ratings, bringing it to triple-A status with Fitch Ratings, Moody’s and S&P Global Ratings.Bloomberg News Moody’s Ratings upgraded Minneapolis to Aaa from Aa1, bringing the city the triple-A triple crown. The outlook is stable, reflecting an expectation that the city’s strong financial profile will help it
Stay informed with free updates Simply sign up to the Investments myFT Digest — delivered directly to your inbox. Banks were among the best-performing UK shares this year as elevated interest rates provided a boost to the sector, despite concerns over the domestic economic recovery. Shares in NatWest delivered the highest returns this year to
Donald Trump will return to office facing far fewer constraints than when he entered the White House in 2017. The political, legal, institutional, and civic forces that restrained and often frustrated Trump during his first term have all palpably weakened. That will be a mixed blessing for him and for the Republican Party. Theres less
Amazon workers affiliated with the Teamsters union continued a strike Friday at seven of the companys delivery hubs just days before Christmas. At midnight on Saturday, workers at a prominent unionized warehouse in New York will also join, the Teamsters said. However, the union has not indicated how many employees were participating in any of the walkouts
Approximately 1 million taxpayers will automatically receive special payments of up to $1,400 from the IRS in the coming weeks. The money will be directly deposited into eligible peoples bank accounts or sent in the mail by a paper check. The IRS said its distributing about $2.4 billion to taxpayers who failed to claim a
Starbucks workers have expanded their strike to four more US cities, including New York, the union representing over 10,000 baristas said late on Saturday. The five-day strike, which began on Friday and initially closed Starbucks cafes in Los Angeles, Chicago and Seattle, has added locations in New Jersey, New York, Philadelphia and St. Louis, Workers
Japanese automakers Honda and Nissan have announced plans to join forces, forming the worlds third-largest automaker by sales as the industry undergoes dramatic changes in its transition away from fossil fuels. The two companies said they had signed a memorandum of understanding on Monday and that smaller Nissan alliance member Mitsubishi Motors also had agreed
Donald Trumps bid to acquire struggling cryptocurrency firm Bakkt could face a turbulent approval process in New York that would put him on a collision course with Gov. Kathy Hochuls administration, The Post has learned. Trump Media and Technology Group (TMTG), the parent of Truth Social, is reportedly close to an all-stock acquisition of Bakkt,
Connecticut Gov. Ned Lamont has consistently defended the fiscal guardrails he inherited when he first won the office in 2018.Bloomberg News Connecticut’s “fiscal guardrails,” a 2017 set of budget reforms, have a pretty big reputation, as budget policies go. The guardrails, placed in the state’s bond covenants, forced the state to pay down billions of
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