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A visual representation of the digital Cryptocurrency, Bitcoin, and a smartphone with the icons for the Cryptocurrency related apps from Blockfolio, TokenClub, and Delta are seen on the screen on September 4, 2018 in Hong Kong.
Bitcoin Miners Flee China Amidst CCP Crackdown, Many Heading for Texas
China is responsible for around 70 percent of Bitcoin blockchain operations in the world, mostly concentrated in the four provinces of Xinjiang, Inner Mongolia, Sichuan and Yunnan. The country is now witnessing an exodus of...
Singapore-based Temasek's portfolio has surged by almost 25 percent.
Didi Investor Temasek’s Portfolio Value Surges as China Cracks Down on Companies, Calls for Protecting US Investors
Singapore-based Temasek Holdings has reported a 24.5 percent increase in its portfolio value for the fiscal year ending in March 2021. Ranked as one of the biggest investors in the world, Temasek has 64 percent...
Ray Liberge (R) interviews for a job as a line cook with a human resources manager before being hired during a Zislis Group job fair at The Brew Hall on June 23, 2021 in Torrance, California. As many as 1.84 million Americans may return to work when the Biden administration’s additional $300 per week in unemployment insurance payouts come to a full stop
Nearly 2 Million Workers Expected to Rejoin US Labor Force When Federal UI Bonus Ends
The U.S. economy is projected to regain 1.84 million workers when federally sponsored COVID-19 unemployment insurance benefits end, a new survey says.  A July 14 article by analyst firm Morning Consult, relying on a poll...
Treasury Secretary Janet Yellen has announced a review of the risks posed by climate change on the financial system
Treasury Secretary to Review Climate Change Risk to US Financial System
Janet Yellen, the U.S. Treasury Secretary, has announced that she will be leading an effort by some of the top regulators in the country to determine the potential risks posed to the financial system by...
Washington Blacklists More Chinese Companies Linked to Uyghur Abuses, Military Connections
On July 9th, the U.S. Department of Commerce’s Bureau of Industry and Security (BIS) announced that it had added 34 companies to its Entity List, an economic blacklist, for their involvement in activities contrary to...
A bipartisan infrastructure bill may be introduced in the Senate this month.
Trillion Dollar Bipartisan Infrastructure Deal to Hit Senate Floor Soon
A 1.2 trillion dollar bipartisan infrastructure plan supported by President Joe Biden could hit the Senate floor within weeks. In an email to Politico, a White House official said that Senate Majority Leader and Democrat...
Jonnel-doris-nyc
Officials Visit Bronx Businesses as NYC Launches ‘Shop Your City’ Challenge
On Tuesday, July 6, 2021 at 3 p.m., Jonnel Doris, Commissioner of New York City’s Small Business Service (SBS), and community leaders visited some of the major neighborhoods in the Bronx and provided business owners...
The US Military Is Finding It Harder and Harder to Buy Semiconductors
Shortages, supply chains, and security weigh heavily in which chips can and can’t be used Semiconductors enable nearly every modern industrial and commercial device, from smartphones to aircraft, vehicles, weapons systems, the internet and the...
Oil-storage tanks are seen from above in Carson, California, April 25, 2020 after the price for crude plunged into negative territory for the first time in history on April 20. Although oil prices have stabilized somewhat since the unprecedented dive, the world remains in the throes of a glut of crude oil caused by a precipitous fall in demand due to the global coronavirus pandemic coupled with a lack of storage capacity for crude already in transit or still being produced.
Oil Prices Soar to Six-Year High Amidst OPEC Plus Infighting, Creating Winners and Losers
Infighting among key players of the Organization of the Petroleum Exporting Countries (OPEC) Plus alliance has caused oil production levels to remain virtually unchanged despite increasing demand. As a result, prices have soared, threatening post-pandemic...