When Benjamin Netanyahu sent troops into Gaza last month after Hamas launched a devastating assault on Israel, he pledged that the Jewish state would “eliminate” the Palestinian militant group once and for all. In the weeks since, Israeli ground forces have encircled Hamas’s political and military stronghold in Gaza City. But even as Israeli troops
Community farming, farm-to-table, farmers’ markets, clean labeling. These terms are all increasingly popular additions to the modern American vernacular. Their emergence has had much to do with the growing preference for fresh foods unsullied by overprocessing and the addition of unhealthy levels of sodium and sugar, not to mention multisyllabic ingredients more befitting a chemistry
A team of academic researchers from the International Hellenic University and Democritus University of Thrace in Greece recently published a paper supporting the “efficient market hypothesis” (EMH) for bitcoin trading. EMH is a controversial theory that the researchers claim contributed to the development of models capable of outperforming the hodl strategy by nearly 300% in
Puerto Rico’s upcoming gubernatorial and legislative elections may lead to a new governor but aren’t likely to change local policy significantly, observers say. At this stage, the main drama seems to be in the New Progressive Party governor’s primary, which sees Puerto Rico Resident Commissioner Jenniffer González Colón running against Gov. Pedro Pierluisi. As Resident
Georgia Gov. Brian Kemp has extended the suspension of his state’s gasoline tax for another month amid sustained high fuel costs. Kemp cited “ongoing economic hardships caused by rampant inflation” Wednesday when he signed an executive order foregoing Georgia’s 31.2 cents-per-gallon tax on gas and 35 cents-per-gallon tax on diesel for another month through Nov.
Anyone who thinks they understand what is happening in the economy — and what will happen — should think some more. The post-pandemic state of the economy is somewhat of a mystery, but a mystery worth exploring. Unemployment is a low 3.9%. Inflation is somewhere between 3.5% and 4.2% depending on which index is used.
As the timeline for implementing the Financial Data Transparency Act grows shorter, the Securities and Exchange Commission is teaming up with other federal regulators in an attempt to allay fears about implementation. “There’s no new disclosure requirements, standards or timelines, it’s just about structured data,” said Dave Sanchez, director of the SEC’s Office of Municipal
News of BlackRock registering the iShares Ethereum Trust increased expectations that the asset manager may eventually apply for an Ether (ETH) spot exchange-traded fund. This is a positive sign as it shows that BlackRock’s cryptocurrency aspirations are not limited to Bitcoin (BTC). Market observers are increasingly optimistic that spot Bitcoin ETFs will be greenlighted by the
For most of the U.S. population, summarizing a home as shelter is a fairly gross underrepresentation of what a home actually delivers, but now many are looking for shelter from more extreme climate events that are capable of reducing our current housing to underperforming shelters. While the challenges have always existed, global real estate data
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. The writer is a senior fellow at the Institute for Government think-tank In a welter of jaw-dropping statements revealed by the Covid inquiry, perhaps the most surprising so far has been a WhatsApp from the
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. A ransomware attack on the financial services arm of China’s biggest bank ICBC has disrupted the US Treasury market. The incident could deliver a jolt to China’s sleepy cyber security industry. The attack was carried
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. The European Central Bank will not begin cutting rates for at least “the next couple of quarters”, its president Christine Lagarde has said. Lagarde told the Financial Times Global Boardroom conference on Friday that eurozone
Chair of the House Republican Conference Rep. Elise Stefanik (R-NY) speaks during a news conference after a caucus meeting with House Republicans on Capitol Hill May 10, 2023 in Washington, DC. Drew Angerer | Getty Images House Republican Conference Chair Rep. Elise Stefanik on Friday filed an ethics complaint calling for the removal of a
Bitcoin (BTC) may next be a “sell” at at least $110,000 as its new bull cycle plays out, a classic on-chain indicator suggests. Data from on-chain analytics platform Look Into Bitcoin shows Bitcoin’s Terminal Price hinting at a possible six-figure BTC price top. BTC price to six figures next cycle? As BTC price action circles
Animoca Brands buys streaming platform for blockchain games Hong Kong Web3 gaming giant Animoca Brands (The Sandbox, Revv, Phantom Galaxies), has acquired blockchain-powered streaming platform Azarus for an undisclosed sum. Built around the slogan “streams are not TV,” Azarus allows users to livestream their gameplay while using tokens for incentives and rewards. Animoca Brands says
One of the Big Four banks in the U.K., Lloyds Bank, has said that reports of cryptocurrency investment scams by victims have surged by 23% in the current year compared to the same period in 2022. According to a press release published by Lloyds Bank, an increasing number of investors face the threat of falling
Bankrupt cryptocurrency lender Genesis has asked the court to approve its proposed settlement agreement with the imploded crypto hedge fund Three Arrows Capital (3AC). According to a court filing on Nov. 9, Genesis argued that the 3AC debtor should receive an allowed general unsecured claim against Genesis in the amount of $33 million. The amount
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Shopping for groceries is one chore that is proving stubbornly resistant to a tech revolution. Billions of venture capital dollars have been funnelled into start-ups that build warehouse robots and online delivery platforms, yet most
The beachfront in Gaza has been churned up by war. Ragged parasols poke out of the sand, next to a buckled lifeguard’s chair. And just to one side is the incongruous sight of a Hamas missile launch pad with 20 rockets aimed, said the Israeli army, at Tel Aviv. “This is a beach, the kind
Benjamin Netanyahu has admitted that Israel’s war against Hamas in the besieged Gaza Strip is taking longer than expected as Israel faces growing pressure over the soaring Palestinian death toll and its ultimate objectives from the conflict. Netanyahu told Fox News on Thursday that Israel’s more than month-long air and land offensive against Hamas was
Galaxy Digital founder Mike Novogratz has told investors that 2024 will be headlined by institutional adoption of cryptocurrencies, which will be driven by the pending approval of Bitcoin (BTC) spot exchange-traded funds (ETFs). During Galaxy Digital’s third-quarter earnings call on Nov. 9, Novogratz highlighted the firm’s belief that approving several ETFs “is now not a matter