States

Eight states file enforcement actions against crypto-lending platform Nexo

Eight states file enforcement actions against crypto-lending platform Nexo

New York State Attorney General Letitia James speaks at a press conference following the arrival of former US President Donald Trump’s Chief White House Strategist Steve Bannon in New York York, USA, September 8, 2022. Caitlin Och | Reuters Eight states announced on Monday that they are filing lawsuits against crypto lending platform Nexo Group …

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New York is now the nation's busiest port in a historic tipping point for trade to the United States

New York is now the nation’s busiest port in a historic tipping point for trade to the United States

The MOL Maneuver container ship sails into port under the Verrazano-Narrows Bridge in the Lower Bay of New York Harbor on March 25, 2021 in New York City. Gary Hershorn | Corbis News | Getty Images Historic processing of import and export containers in August propelled the Port of New York and New Jersey to …

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56% of Americans think the United States is already in a recession.  These 4 steps can help protect your finances in a downturn

56% of Americans think the United States is already in a recession. These 4 steps can help protect your finances in a downturn

It’s very easy to get swayed by headlines and market declines when you don’t know exactly what you’re working on. Amanda Wallace Head of Insurance Operations at MassMutual Meanwhile, a majority of Americans – 80% – are already worried about the impact a recession could have on their day-to-day finances, according to the MassMutual poll. …

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The United States and its allies join forces on chips.  This could prevent China from reaching the next level

The United States and its allies join forces on chips. This could prevent China from reaching the next level

Major chipmaking nations, including the United States, are forming alliances, in part to secure their semiconductor supply chain and to prevent China from reaching the forefront of the industry, analysts told Reuters. CNBC. Countries like the United States, South Korea, Japan and Taiwan, which have strong semiconductor industries, have sought to forge partnerships around this …

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Inflation could be a good thing for the United States, says leading economist

Inflation could be a good thing for the United States, says leading economist

Not only are you paying more for things than you were a year ago, but consistently higher than expected Consumer Price Index readings continue to devastate the stock market, sending the S&P 500 down more than 1,000. points on Tuesday, his worst day since June. 2020. One of America’s top financial historians says this moment …

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The stock market is plunging and could fall much more with the United States at the center of a huge global bubble, says the chief investment officer of the world's largest hedge fund

The stock market is plunging and could fall much more with the United States at the center of a huge global bubble, says the chief investment officer of the world’s largest hedge fund

A hotter-than-expected monthly inflation report rocked the stock market on Tuesday, and a senior executive at the world’s largest hedge fund says it’s just the beginning of the pain for investors. In an interview at the SALT hedge fund conference in New York on Monday, Greg Jensen, co-chief investment officer of Bridgewater Associates, said the …

The stock market is plunging and could fall much more with the United States at the center of a huge global bubble, says the chief investment officer of the world’s largest hedge fund Read More »

Rents and food push up consumer prices in the United States

Rents and food push up consumer prices in the United States

Join now for FREE unlimited access to Reuters.com Register The consumer price index increases by 0.1% in August Rents, food and health care explain the rise in the CPI Core CPI jumped 0.6%; increased 6.3% year-over-year WASHINGTON, Sept 13 (Reuters) – U.S. consumer prices rose unexpectedly in August and core inflation accelerated amid rising rent …

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