[ad_1] Senate Minority Leader Mitch McConnell, R-Ky., conducts a news conference in the U.S. Capitol after the senate luncheons on Tuesday, January 24, 2023. Tom Williams | CQ-Roll Call, Inc. | Getty Images Senate Republican leader Mitch McConnell said Saturday he has been released from the rehabilitation facility where he had physical therapy for a […]

[ad_1] Crypto companies are frustrated at the U.S. government for its lack of clear rules for the industry and the Securities and Exchange Commission for its aggressive actions against digital currency firms, according to multiple executives who spoke to CNBC. Unlike other countries, the U.S. has yet to come up with a comprehensive framework or […]

[ad_1] How the tides have turned in a few weeks: after a muted month for tech in February, investors are flocking back into the sector amid tumbling yields and turmoil in the banking sector. Market watchers are weighing the potential for a smaller interest rate hike or even a pause by the U.S Federal Reserve […]

[ad_1] Bitcoin logo seen on a smartphone with a Hongkong flag in the background. Sopa Images | Lightrocket | Getty Images The crypto industry has had a rough year with digital currency markets crashing and companies collapsing across the board. In spite of the volatility, Hong Kong is pushing to become a virtual asset hub. […]

[ad_1] Former U.S. President Donald Trump gestures during an event at a fire station following the recent derailment of a train carrying hazardous waste, in East Palestine, Ohio, February 22, 2023. Alan Freed | Reuters Former President Donald Trump will surrender to face criminal charges if indicted by a Manhattan grand jury, his lawyer said […]

[ad_1] Credit Suisse announced late Wednesday it will be borrowing up to about $54 billion from Swiss National Bank. People walk by the New York headquarters of Credit Suisse on March 15, 2023 in New York City. Spencer Platt | Getty Images News | Getty Images Credit Suisse announced it will be borrowing up to […]

[ad_1] Shoppers look at items displayed at a grocery store in Washington, D.C., on Feb. 15, 2023. Stefani Reynolds | AFP | Getty Images Consumer inflation may have cooled off a little in February, but economists expect it is still running at a high pace. The consumer price index, expected Tuesday morning, is forecast to […]

[ad_1] Police officers leave Silicon Valley Banks headquarters in Santa Clara, California on March 10, 2023. Noah Berger | AFP | Getty Images Silicon Valley Bank employees received their annual bonuses Friday just hours before regulators seized the failing bank, according to people with knowledge of the payments. The Santa Clara, California-based bank has historically […]

[ad_1] Ex-Goldman Sachs banker Roger Ng exits the Brooklyn Federal Courthouse after being sentenced for his part helping embezzle from Malaysia’s 1MDB sovereign wealth fund, in Brooklyn, New York, March 9, 2023. Brendan McDermid | Reuters Former Goldman Sachs banker Roger Ng was sentenced to 10 years in prison on Thursday, after he was convicted of helping loot billions of dollars from Malaysia’s 1MDB sovereign wealth fund. A jury in federal court in the […]

[ad_1] U.S. Senator Mark Warner (D-VA) and other U.S. senators unveil legislation that would allow the Biden administration to “ban or prohibit” foreign technology products such as the Chinese-owned video app TikTok during a news conference on Capitol Hill in Washington, March 7, 2023. Bonnie Cash | Reuters The White House threw its support behind […]