Cryptocurrencies are changing the US currency system in ways that may facilitate illegal activity and instability in prices, St. Louis Federal Reserve President James Bullard said. “The current situat ...More
EJ Insight2019-07-22
Joaquin “El Chapo” Guzman, the Mexican drug lord who twice escaped maximum-security prisons in his country, will spend the rest of his life in a US penitentiary, a federal judge said after accusing hi ...More
EJ Insight2019-07-18
... ht by the Federal Trade Commission, with the judge issuing a sweeping antitrust ruling against the company. -- Contact us at [email protected] RC ...More
EJ Insight2019-07-18
... ed on the Federal Bureau of Investigation and the Central Intelligence Agency to probe Google on its relations with China, and alleged that the company worked with the Chinese military. The top US gen ...More
EJ Insight2019-07-17
... ays after Federal Reserve Chairman Jay Powell expressed similar worries about the digital currency could be misused. “These cryptocurrencies have been dominated by illicit activity and speculation,” s ...More
EJ Insight2019-07-16
Canada is likely to postpone a decision on whether to allow China’s Huawei Technologies to supply 5G network equipment until after the October federal election, Reuters reports, citing sources. Expert ...More
EJ Insight2019-07-16
... dened the Federal Reserve to tighten policy more than it might have otherwise. Eight rate hikes since the 2016 election created significant headwinds for gold. Day-to-day changes in gold prices are us ...More
EJ Insight2019-07-15
The US Federal Trade Commission has approved a roughly US$5 billion settlement with Facebook Inc. over its investigation into the social media company’s handling of user data, Reuters reports, citing ...More
EJ Insight2019-07-15
... rs of the Federal Reserve System,” it proposes. Facebook, which would qualify to be such an entity, said last month it would launch its global cryptocurrency in 2020. Facebook and 28 partners, includi ...More
EJ Insight2019-07-15
... day after Federal Reserve Chairman Jerome Powell told lawmakers that Facebook’s plan to build a digital currency called Libra could not move forward unless it addressed concerns over privacy, money la ...More
EJ Insight2019-07-12
... t and the Federal Trade Commission into the companies’ marketing and sales of Suboxone Film. The deal came after Indivior in April was indicted and accused of deceiving doctors and healthcare benefit ...More
EJ Insight2019-07-12
As Federal Reserve Chairman Jerome Powell kept the focus Thursday on global risks that could trigger a Fed rate cut in coming weeks, his colleagues from regional Fed districts painted a rosier picture ...More
EJ Insight2019-07-12
Facebook’s plan to build a digital currency called Libra “cannot go forward” until serious concerns are addressed, US Federal Reserve Chairman Jerome Powell said on Wednesday. "Libra raises many serio ...More
EJ Insight2019-07-11
Federal Reserve Chairman Jerome Powell has set the stage for the first US rate cut in a decade this month, as records from policymakers’ latest meeting showed increasing fear that a US-China trade war ...More
EJ Insight2019-07-11
... sealed in federal court in Manhattan on Monday accused Epstein, 66, of arranging for girls to perform nude “massages” and other sex acts, and paying some girls to recruit others, from at least 2002 to ...More
EJ Insight2019-07-09
China’s central bank could cut its benchmark policy rate for the first time in four years if the US Federal Reserve delivers a widely expected cut in late July, analysts say, as Chinese policymakers s ...More
EJ Insight2019-07-08
US employers are hiring workers, but that is only making the Federal Reserve’s job harder. The Labor Department on Friday said nonfarm employers added 224,000 jobs last month – the most in five months ...More
EJ Insight2019-07-08
... kness. US Federal Reserve Chair Jay Powell, another lawyer, had five years’ experience on the Fed’s Board of Governors when appointed. But, as she showed at the IMF, she quickly masters her brief and ...More
EJ Insight2019-07-05
The US government filed a motion on Wednesday asking for the dismissal of a lawsuit by Huawei Technologies that claimed Washington had acted illegally when it blacklisted the Chinese telecoms equipmen ...More
EJ Insight2019-07-05
... by the US Federal Trade Commission. Koh ruled that Qualcomm’s patent licensing practices had “strangled competition” and directed the company to renegotiate licensing agreements with customers. Among ...More
EJ Insight2019-07-04
