Washington
Despite the bitcoin selloff, it’s still an asset class that is accessible to anyone, says blockchain educator
Cleve Mesidor. Tom Williams | Cq-roll Call, Inc. | Getty Images Even as cryptocurrency craters as it has the past few weeks, it remains an asset class that is accessible to anyone, says a blockchain educator. And Cleve Mesidor says that’s why it’s drawing in Black and Latino communities. Bitcoin’s selloff, sparked by a reversal […]
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The California exodus continues as residents head south of the border
More than 360,000 people left California in 2021, in what some are calling “The California Exodus” — many leaving for states like Texas, Arizona and Washington. And a rising number of former Californians are migrating out of the country altogether and are instead heading south of the border. Many are seeking a more relaxed and […]
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Human rights advocates tell Congress bitcoin is essential in countries with ‘collapsing’ currencies
WASHINGTON — A week after prominent technologists publicly slammed crypto for being too risky and unproven in a letter to Congress, human rights advocates from around the world have sent a rebuttal to U.S. lawmakers defending digital assets for the access they provide to people in countries where “local currencies are collapsing, broken, or cut […]
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SEC’s Hester Peirce says the U.S. has dropped the ball on crypto regulation
WASHINGTON — The U.S. has dropped the ball on crypto regulation, according to Securities and Exchange Commissioner Hester Peirce, and she says the knock-on effects of that failure keep her up at night. “There’s a lot of fraud in this space, because it’s the hot area of the moment,” Peirce told CNBC on the sidelines […]
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Prices are surging, but people are still paying top dollar to watch live sports
People are changing their spending habits as prices surge at rates not seen in four decades, making choices that favor experiences. That means big demand for live sports. Demand for sports attendance is usually “unresponsive to price changes,” said Dennis Coates, a sports economics professor at the University of Maryland, Baltimore County. “Good times, bad […]
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Karine Jean-Pierre to replace Jen Psaki as White House press secretary
Principal Deputy Press Secretary Karine Jean-Pierre holds a media briefing at the White House in Washington, U.S., July 29, 2021. Evelyn Hockstein | Reuters WASHINGTON — President Joe Biden announced Thursday that he has named Karine Jean-Pierre to be the next White House press secretary. Jean-Pierre currently serves as principal deputy press secretary. Starting May […]
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Democrats’ plan for a federal law to protect abortion rights faces huge hurdles in Congress
U.S. Senator Majority Leader Chuck Schumer (D-NY) addresses media after the leak of a draft majority opinion written by Justice Samuel Alito preparing for a majority of the court to overturn the landmark Roe v. Wade abortion rights decision later this year, in Washington, D.C., U.S., May 3, 2022. Michael Mccoy | Reuters WASHINGTON — […]
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Biden to ask Congress for $33 billion to support Ukraine through September
U.S. President Joe Biden speaks in the Roosevelt Room of the White House in Washington, D.C., U.S., on Thursday, April 28, 2022. Biden will ask Congress to provide $33 billion for military, economic, and humanitarian aid to Ukraine, as well as the power to seize and sell the assets of wealthy Russians. Samuel Corum | […]
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Biden announces a new program to help Ukrainian refugees enter the U.S.
President Joe Biden delivers remarks on the Russian invasion of Ukraine, in the Roosevelt Room of the White House, Thursday, April 21, 2022, in Washington. Evan Vucci | AP WASHINGTON — President Joe Biden announced a new program Thursday that will expedite the U.S. asylum process for Ukrainian refugees fleeing Russia’s invasion. The “Unite for […]
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Apple spent more than it ever has on lobbying as antitrust threats loom
Tim Cook, CEO of Apple, attends the annual Allen and Co. Sun Valley media conference in Sun Valley, Idaho, U.S., July 10, 2019. Brendan McDermid | REUTERS Apple spent a record $2.5 million lobbying Congress in the first quarter of 2022, more than a 34% increase from the previous quarter, according to its disclosure made […]
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