BIS to launch stablecoin monitoring project and up focus on CBDC experiments

The Bank for International Settlements (BIS) will heighten focus on experimenting with Central Bank Digital Currencies (CBDCs) this year via its research and development arm and will also launch a new project to monitor stablecoins.On Feb. 7, the Switzerland-based so-called “bank…

Continue ReadingBIS to launch stablecoin monitoring project and up focus on CBDC experiments

Voyager subpoenas FTX and Alameda execs as judge orders fee examiner

Lawyers representing bankrupt crypto broker Voyager Digital have served former FTX CEO Sam Bankman-Fried and other FTX and Alameda Research executives with subpoenas requesting information.The subpoenas have a very wide scope, with Voyager’s lawyers seeking copies of any documents and communication…

Continue ReadingVoyager subpoenas FTX and Alameda execs as judge orders fee examiner

‘Liar!’: Republicans Erupt In State Of The Union After Biden Claims GOP Wants To Cut Social Security

ToplineSeveral Republican lawmakers shouted jeers at President Joe Biden during his State of the Union address Tuesday night, including after Biden claimed some in Congress are trying to cut Social Security and Medicare in exchange for raising the debt ceiling--even though…

Continue Reading‘Liar!’: Republicans Erupt In State Of The Union After Biden Claims GOP Wants To Cut Social Security

Koch Network Criticizes GOP For Nominating ‘Bad Candidates,’ Potentially Turning Against Trump 2024 Bid

  • Post category:Finance

Authored by Naveen Athrappully via The Epoch Times (emphasis ours),A libertarian conservative group funded by billionaire Charles Koch has suggested that the next president should herald a “new chapter” for the United States while at the same time criticizing the Republican…

Continue ReadingKoch Network Criticizes GOP For Nominating ‘Bad Candidates,’ Potentially Turning Against Trump 2024 Bid

Bank of England thinks digital pound can co-exist with private stablecoins

The United Kingdom is a step closer to launching a Central Bank Digital Currency (CBDC) after releasing a consultation paper explaining the proposed digital pound, which the public has nicknamed “Britcoin.”The 116-page consultation paper was jointly released on Feb. 7 by…

Continue ReadingBank of England thinks digital pound can co-exist with private stablecoins

Biden Urges Congress To Pass New Billionaire Tax In State Of The Union—But It’s Destined To Fail

ToplinePresident Joe Biden called for a new minimum tax targeting billionaires in his State of the Union address Tuesday night, as part of a White House plan to ensure wealthy Americans and large businesses pay their “fair share” of taxes, but…

Continue ReadingBiden Urges Congress To Pass New Billionaire Tax In State Of The Union—But It’s Destined To Fail

Trump Urges “End To The Destruction Of Our Country” After Biden Heckled, Booed By Republicans During SOTU

  • Post category:Finance

Update (1045ET): 72 minutes later and it's over...Bond King Jeff Gundlach perfectly summarized the speech for Americans:Biden tonight: “Let’s spend more money.” — Jeffrey Gundlach (@TruthGundlach) February 8, 2023And our take...Well, yeah... even the CBO has given up https://t.co/N3dwBEBf3H pic.twitter.com/kZuFOSTDSt— zerohedge…

Continue ReadingTrump Urges “End To The Destruction Of Our Country” After Biden Heckled, Booed By Republicans During SOTU

Sarah Huckabee Sanders: What To Know About The Arkansas Governor And Ex-Trump Spokesperson Giving The GOP’s State Of The Union Response

ToplineArkansas Gov. Sarah Huckabee Sanders will give the Republican response to President Joe Biden’s State of the Union address Tuesday night, bookending an active first month in office for the Trump Administration alumna. Key Facts Huckabee Sanders rose to national prominence…

Continue ReadingSarah Huckabee Sanders: What To Know About The Arkansas Governor And Ex-Trump Spokesperson Giving The GOP’s State Of The Union Response

MSCI launches tool to help sustainability executives compare ESG plans against peers

MSCI is offering a tool for companies to analyse their sustainability strategies and measure their ESG and climate data against their corporate peers, the investment index giant announced yesterday. The new service, MSCI Corporate Sustainability Insights, is also set to provide…

Continue ReadingMSCI launches tool to help sustainability executives compare ESG plans against peers

UK confirms record single-year rise in greenhouse gas emissions in 2021

The UK's territorial greenhouse gas emissions rose five per cent in 2021, after the easing of pandemic-driven restrictions led to an increase in emissions from road transport, power stations, and homes, official statistics have confirmed. Final figures published by the government…

Continue ReadingUK confirms record single-year rise in greenhouse gas emissions in 2021

‘Max Power’: New Octopus renewables tariff aims to cut business energy bills by up to 25 per cent

Octopus Energy has launched a new tariff to help businesses with renewable generation assets share the green power they generate with satellite sites, in the process reducing their energy bills by up to 25 per cent.  The 'Max Power' tariff allows…

Continue Reading‘Max Power’: New Octopus renewables tariff aims to cut business energy bills by up to 25 per cent

With Their $49.7 Million Extension For Dylan Cozens, The Buffalo Sabres Place Another Bet On Their Young Core

Rich with promising talent and pushing for their first playoff spot in 12 seasons, the Buffalo Sabres locked up another key member of their young core on Tuesday. The club announced that it had signed center Dylan Cozens to a seven-year…

Continue ReadingWith Their $49.7 Million Extension For Dylan Cozens, The Buffalo Sabres Place Another Bet On Their Young Core

The evolution of ChatGPT

  • Post category:Finance

Microsoft plans to release technology to help big companies launch their own chatbots using the OpenAI ChatGPT technology, a person familiar with the plans told CNBC. Companies would be able to remove Microsoft or OpenAI branding when they release chatbots developed…

Continue ReadingThe evolution of ChatGPT

Miami Black Leaders Apologize To Gov. DeSantis After Member Called Him Racist

  • Post category:Finance

Authored by Jack Phillips via The Epoch Times (emphasis ours),The Miami-Dade Black Affairs Advisory Board apologized to Florida Gov. Ron DeSantis over the weekend after one of its members described him a racist.Florida Gov. Ron DeSantis speaks at a Republican Jewish Coalition…

Continue ReadingMiami Black Leaders Apologize To Gov. DeSantis After Member Called Him Racist

Kyrie Irving Deletes Social Media Apology For Antisemitic Post After Trade To Mavericks

ToplineControversial NBA star Kyrie Irving on Tuesday deleted a social media message he posted late last year apologizing for a post in support of an antisemitic documentary, less than a week after the all-star guard was traded to the Dallas Mavericks…

Continue ReadingKyrie Irving Deletes Social Media Apology For Antisemitic Post After Trade To Mavericks

Powell Post-Mortem: “Volcker Has Left The Building” And “We’re Not In Wyoming Anymore”

  • Post category:Finance

One week ago, when summarizing Powell's unexpectedly dovish post-FOMC press conference, we retorted to the Fed's WSJ mouthpiece Nick Timiraos that the "Keyest takeaway: Burns 2.0 just steamrolled Volcker 2.0."Keyest takeaway: Burns 2.0 just steamrolled Volcker 2.0 https://t.co/OQixemDItY — zerohedge (@zerohedge)…

Continue ReadingPowell Post-Mortem: “Volcker Has Left The Building” And “We’re Not In Wyoming Anymore”

Tuesday, February 7. Russia’s War On Ukraine: Daily News And Information From Ukraine

Dispatches from Ukraine. Day 349. As Russia’s attack on Ukraine continues and the war rages on, reliable sources of information are critical. Forbes gathers information and provides updates on the situation. As of Feb. 6, more than 1380 Ukrainian children have…

Continue ReadingTuesday, February 7. Russia’s War On Ukraine: Daily News And Information From Ukraine

Transurrection? Protestors Storm State Legislators Over Ban On Child ‘Gender Transition’ Surgery

  • Post category:Finance

Currently, at least twenty-one states in the US are in the process of passing legislation to ban "gender affirming care" within their borders while a handful of states are debating future steps. Under specific scrutiny are transition surgeries and drugs for…

Continue ReadingTransurrection? Protestors Storm State Legislators Over Ban On Child ‘Gender Transition’ Surgery