The former CEO of bankrupt cryptocurrency lending platform Celsius Network, Alexander Mashinsky, has been arrested and is facing a string of charges for allegedly misleading investors and manipulating the price of the company’s crypto token, the Department of Justice announced on July 13. Mr. Mashinsky was arrested Thursday and charged with securities fraud, commodities fraud, and wire fraud for defrauding…
Ex-CEO of Bankrupt Cryptocurrency Exchange Celsius Arrested, Charged With Fraud
July 14, 2023
admin
bankruptBusiness & MarketsCelsius NetworkCompaniesCrime & Public SafetycryptocurrencyFraudMarketsUSUS News
0 Comment
Brent Oil Hovers Above $81 After Supply Disruptions
LONDON—Global benchmark Brent crude hovered above $81 a barrel on Friday, with bullish sentiment over U.S. demand bolstered by supply disruption in Libya and Nigeria. Both the Brent and U.S. West Texas Intermediate (WTI) contracts had risen for three straight sessions and in early Asian trade on Friday, poised to register a third straight week…
World Stocks Hit New 2023 Highs After Rally on Inflation Data
July 14, 2023
admin
Business & MarketsCompanieseconomic policieseconomyenergyglobalGold and CommoditiesinflationMarketsrecessionstocks
0 Comment
LONDON—World stocks extended their gains on Friday, on track for their biggest weekly rise this year, while the dollar held near 15-month lows as investors bet that the U.S. Federal Reserve was nearing the end of its rate-hiking cycle. Data on Wednesday showed U.S. consumer prices growing at their slowest pace in more than two…
Home Prices Hit Record High As Housing Supply Shortage Worsens
July 14, 2023
admin
Business & Marketseconomic policieseconomyhome priceshousing supplyinflationInvestmentMarketsreal estateUSUS NewsUS Real Estate
0 Comment
Home prices hit a record high again in May, amid a worsening supply shortage in the housing market. The sharp jump in mortgage interest rates in last year caused an overheated housing market to slow down, but the slump did not last long. The cost for a home, which has been rising since the start…
Yellen Traveling to India for G20 Summit, Vietnam for Bilateral Talks
July 14, 2023
admin
Asia & PacificBusiness & MarketsChinaeconomic policieseconomyExecutive BranchIndiaInternationalPoliticsTreasury Secretary Janet YellenUSUS NewsVietnamWorld
0 Comment
Treasury Secretary Janet Yellen will visit India this week to meet with finance ministers of the Group of 20 (G20) nations before continuing on to Vietnam for bilateral talks, the Treasury Department said on Thursday. Ms. Yellen will travel to Gandhinagar, India, from July 13 to 21 to participate in the G20 meetings of finance…
Australian States Reach Agreement on Caged Eggs Ban, Sparking Price Hike Concerns
Caged eggs will be banned in Australia as part of a national agreement to improve animal welfare in the poultry industry. While animal advocacy groups have welcomed the news, there are concerns that the new agreement will put eggs out of the reach of consumers. During a meeting on July 13, state agriculture ministers endorsed…
Meta Vows to Deal With ‘Hate Speech’ in Upcoming Vote on Changing Australia’s Constitution
July 14, 2023
admin
AustraliaBusiness & MarketsCompaniesFacebookIndigenous Voice to ParliamentMedia & Big TechmetaSocial MediaTechTech NewsThe VoiceUSUS NewsWorld
0 Comment
Mark Zuckerberg’s Meta (formerly Facebook) will provide a “one-off funding boost” to third-party fact-checkers in the lead-up to a national referendum on whether to change the Australian Constitution. The tech giant will work with RMIT CrossCheck to monitor “misinformation trends” leading up to the contentious Indigenous Voice to Parliament proposal, and will share guidance on…
State AGs Tell Top 100 CEOs That SCOTUS Affirmative Action Ruling Applies to Them Too
July 14, 2023
admin
Business & MarketsCivil Rights Act 1964Companiesconstitutional rightsDiversity equity inclusionFeatured Topicsharvard admissionsJudiciaryracial discriminationStudents for Fair AdmissionsSupreme CourtUSUS News
0 Comment
State attorneys general from Tennessee, Kansas, and 11 other states put 100 of America’s largest corporations on notice that, following the Supreme Court decision against racial discrimination at Harvard and the University of North Carolina, private companies would be held to the same standard. In a July 13 letter to CEOs of Fortune 100 companies,…
Climate Change, The Voice Loses Public Support As Cost of Living Problems Bite: Poll
Australians are pessimistic about the future of the country as ongoing cost of living pressures continue to bite. SEC Newgate, the country’s largest strategic communications firm, released the findings of a survey of 2,207 Australians from Jun 23-28, which also found issues like climate change and The Voice lose public interest. The company found that…
Biden Admin Targets Air Conditioning Refrigerants Over Climate Concerns
July 14, 2023
admin
air conditioningBusiness & MarketsDemocratsExecutive Branchgas stovehydroflourocarbonsPolicies & ImpactsPoliticsUSUS News
0 Comment
The Biden administration has announced stringent new rules to reduce the use of coolants used in most air conditioning units and other appliances in the name of fighting climate change, with experts warning it will likely mean Americans will have to pay more to stay cool. The Environmental Protection Agency (EPA) this week issued a…
US News
RSS Error: A feed could not be found at `https://www.theepochtimes.com/c-us/feed`; the status code is `200` and content-type is `text/html; charset=utf-8`