South Korea Maintains 3.50% Rate, Predicts Higher 2024
South Korea Maintains 3.50% Rate, Predicts Higher 2024 Quick Look: Interest Rate Decision: South Korea’s central bank held its interest rates at 3.50%, a 15-year high, balancing inflation risks and economic growth. Economic Forecast: The BOK revised its 2024 growth forecast to 2.5%
Trump holds South Bronx campaign rally to court Black, Latino voters
NEW YORK — Former president Donald Trump sought to explicitly appeal to voters of color in a South Bronx rally Thursday, arguing that shielding police officers from lawsuits would protect their communities from violent crime and suggesting that his policies
Biden administration straddles its own ‘red line’ on Rafah invasion
Nearly two weeks into an Israeli offensive in Rafah, an invasion that President Biden warned months ago could be a “red line” for continued U.S. support of its war in Gaza, the administration says that line has not yet been
Ohio governor calls special session to ensure Biden gets on ballot
Ohio Gov. Mike DeWine (R) announced Thursday that he was calling a special legislative session to ensure President Biden will be on the November election ballot in his state. “This is simply unacceptable,” DeWine said at a news conference. “Ohio is
Biden welcomes Kenyan leader after failing to visit Africa as promised
When President Biden addressed dozens of African leaders from Washington at the end of 2022, he declared that the old days of the world’s fastest-growing continent being overlooked by American leaders were gone. “The United States is all in on Africa
Supreme Court’s South Carolina ruling boosts GOP, with national implications
The Supreme Court on Thursday allowed South Carolina to use a congressional map that a lower court had said weakened Black voting rights, bolstering the political fortunes of Republicans as they seek to maintain control of the House of Representatives
Spot Ether ETF Approval Proves ETH is Not a Security, Experts Say
The recent approval of spot Ethereum exchange-traded funds (ETFs) by the United States Securities and Exchange Commission (SEC) potentially confirms Ether’s status as a non-security, according to industry experts. Bloomberg ETF analyst James Seyffart, speaking on the Bankless podcast with Ryan
Ex-Kansas Bank CEO Pleads Guilty to Embezzling $47M in Crypto Scheme
Kansas-based now-failed Heartland Tri-State Bank’s former head has pled guilty on Thursday for embezzling $47.1 million for a series of “personal crypto purchases.” This led to the bank’s failure in July 2023, at a complete loss of equity for investors, the
FIT21 Bill Seen As Solution to US Crypto Exodus Concerns, Paving Way for Thriving Market
The Financial Innovation and Technology for the 21st Century Act’s (FIT21) approval on Wednesday would align the US with other nations in terms of its regulatory framework for crypto, according to Kyle Bligen, director of financial policy at the Chamber
Court Rules Influencer Ian Balina Violated Securities Laws Promoting SPRK Tokens
A U.S. district court has found crypto influencer Ian Balina guilty of violating U.S. securities laws. According to recent court filings, Judge David Alan Ezra ruled that Balina was guilty promoting and selling SPRK tokens without proper disclosure. the judge ruled