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After Binance was hit with a historic settlement by the U.S. Department of Justice, the crypto industry can finally close the chapter on a long list of scandals and issues, according to Coinbase CEO Brian Armstrong on Monday. Armstrong stated, “We’re able to kind of close that chapter of history and turn the page on…
More than expected, US wholesale price inflation increased by 0.5% in September. Unexpectedly, high wholesale price growth in September was a sign of brewing inflationary pressures for the American economy. The Labor Department reported on Wednesday that the producer price index, which measures the costs for finished goods that producers pay, increased by 0.5% for…
Dubai recently announced a huge $8.7 trillion economic plan for the coming decade with the aim to give boost to trade, foreign investment and its global hub status. The ruler of Dubai Sheikh Mohammed bin Rashid al Maktoum tweeted, “Dubai will rank as one of the top four global financial centers with an increase in…
