Yahoo Finance Plus The U.S. could have a new federal law on stablecoins by the end of this year, lawmakers told attendees at Consensus 2022 in Austin, Texas. Sen. Pat Toomey (R-PA) is joined by Sen. Kirsten Gillibrand (D-NY), Sen. Cynthia Lummis (R-WY) and Rep. Patrick McHenry (R-NC).
(Bloomberg) -- The US is pushing the Netherlands to ban ASML Holding NV from selling to China mainstream technology essential in making a large chunk of the world’s chips, expanding its campaign to curb the country’s rise, according to people familiar with the matter. Most Read from BloombergNatural Gas Soars 700%, Becoming Driving Force in the New Cold WarBezos Slams Biden Over Call for Lowering of Gas PricesCiti Says Oil May Collapse to $65 by the Year-End on RecessionPerson of Interest in Jul
IKHAIL KLIMENTYEV/Sputnik/AFP via Getty ImagesRussian President Vladimir Putin’s key ally Belarusian leader Alexander Lukashenko has started hinting at what may be next in Russia’s war, and it doesn’t sound pretty.Lukashenko claimed this weekend that he thinks it’s time for Europe to face a “moral cleansing.”“The time has come for the forgetful Europe to give itself a moral cleansing,” Lukashenko said, without going into further detail about what that would entail, according to BelTA.Lukashenko
Yahoo Finance’s Rick Newman joins the Live show to recap former Amazon CEO Jeff Bezos’s tweets targeting President Biden over gas price inflation.
PARIS (AP) — “Vladimir .... tell me what your intentions are.” Four days before President Putin ordered Russia’s invasion of Ukraine, French President Emmanuel Macron was making a last-ditch attempt to prevent the war in a key phone call revealed in a French TV documentary. In the rare public recording of a discussion between two world leaders, Macron tries to convince the Russian president to “calm things down” in the region.
Britain is proposing a new law that will require social media companies to proactively tackle disinformation posted by foreign states such as Russia, the government said on Monday. The law would tackle fake accounts on platforms such as Meta's Facebook and Twitter that were set up on behalf of foreign states to influence elections or court proceedings, the government said. The law is likely to be passed during this parliamentary session through an amendment to link the National Security Bill and Online Safety Bill, both of which are in the government's current programme.
President Biden is the only person who can unilaterally relieve 43 million borrowers of some of their collective $1.7 trillion debt. So what is he waiting for?
(Bloomberg) -- As US equities start the week coming off their worst first half since 1970, there’s only one way of describing how they are moving, according to Neil Dutta.Most Read from BloombergNatural Gas Soars 700%, Becoming Driving Force in the New Cold WarBezos Slams Biden Over Call for Lowering of Gas PricesCiti Says Oil May Collapse to $65 by the Year-End on RecessionPerson of Interest in July 4 Parade Shooting That Killed Six in Police CustodyTesla Pauses Plants After Ending Shaky Quarte
The speaker of Russia's lower house of parliament said on Tuesday that Ukraine had become a "terrorist state" and was doing everything to ensure that Russia did not stop its invasion at the borders of the eastern Donbas region as advertised. The remark by Duma speaker Vyacheslav Volodin marked an escalation of Russian war rhetoric but ignored the fact that Moscow's forces already occupy large parts of southern Ukraine as well. It suggested that Moscow, fresh from seizing the last parts of Ukraine's Luhansk region on Sunday, might be preparing once more to expand its stated war objectives, which it reined back a month into the invasion after an assault on the capital Kyiv and an advance on the second largest city Kharkiv were beaten back.
(Bloomberg) -- Fuel shortages at pump stations in Ethiopia are worsening, with motorists in the capital Addis Ababa waiting as long as eight hours to refill.Most Read from BloombergNatural Gas Soars 700%, Becoming Driving Force in the New Cold WarBezos Slams Biden Over Call for Lowering of Gas PricesCiti Says Oil May Collapse to $65 by the Year-End on RecessionPerson of Interest in July 4 Parade Shooting That Killed Six in Police CustodyTesla Pauses Plants After Ending Shaky Quarter With a Produ
G Squared Private Wealth Chief Investment Officer Victoria Greene joins Yahoo Finance Live to discuss the state of the economy, stocks, inflation, the probability of a recession, the state of the labor market, and the outlook for Fed policy.
They came for Dmitry Kolker, an ailing physicist, in the intensive care ward. They came for Ivan Fedotov, a hockey star, as he was leaving practice with a film crew in tow. They came for Vladimir Mau, a state university rector, the week he was reelected to the board of Gazprom. The message sent by these high-profile detentions: Nearly anyone is now punishable in Vladimir Putin’s Russia. The flurry of arrests across the country in recent days has signaled that the Kremlin is intent on tightening
US stock futures traded lower Tuesday morning, reversing course after last Friday's gains as concerns over the potential for a deeper economic downturn persisted.
Derek Scissors, AEI Scholar, member of the US-China Economic and Security Review Commission and the chief economist of the China Beige Book, sits down with Yahoo Finance Live to talk about how the Biden administration is considering ending Trump-era tariffs on China, in addition to inflation and rising food prices.
From the release of the Fed meeting minutes and jobs report data this week to foreign policy with China and NATO allies, here are three things to watch at the intersection of politics and business.
The founder of Bridgewater Associates took to Linkedin on the U.S. Independence Day holiday to deliver an update on forces he believes are shaping the world.
Switzerland has given a cool response to calls from Ukraine's prime minister to use frozen assets of ultra-wealthy Russians to help fund his country's $750 billion reconstruction project. Ukrainian Prime Minister Denys Shmygal told a conference in Lugano that $300-500 billion of Russian assets had been frozen by the United States, European Union and Britain, money he said could help rebuild wrecked schools, hospitals and homes. "We propose to find (a) formula to create national and international legislation for (creating the) possibility of confiscation of frozen assets in case of unprovoked aggression," Shmygal said, referring to Russia's invasion of Ukraine.
Joe Rogan revealed on a recent episode of Lex Fridman’s podcast (via Mediaite) that he has turned down multiple offers to host Donald Trump on his popular Spotify podcast, “The Joe Rogan Experience.” The controversial podcast host said he is not a Trump supporter and refuses to support Trump by having him on the show. […]
Although Russia has claimed a victory in the city of Lysychansk, leaders in Moscow and Kyiv may look favourably upon the end of the fighting in the last pocket of the Luhansk region.
(Bloomberg) -- Sign up for the New Economy Daily newsletter, follow us @economics and subscribe to our podcast.Most Read from BloombergNatural Gas Soars 700%, Becoming Driving Force in the New Cold WarBezos Slams Biden Over Call for Lowering of Gas PricesCiti Says Oil May Collapse to $65 by the Year-End on RecessionPerson of Interest in July 4 Parade Shooting That Killed Six in Police CustodyTesla Pauses Plants After Ending Shaky Quarter With a Production MilestoneArgentina’s global bonds fell t
At the onset of the coronavirus pandemic, the American economy immediately fell into recession, with unemployment spiking to 14.8%, the highest since records began in 1948. In response, the U.S....
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