Bitcoin Miner Riot Scoops Small Kentucky Rival for $92 Million as Sector Sags – Decrypt
Riot Platforms announced on Tuesday that it has acquired Kentucky-based Block Mining Corp. for $92.5 million as headwinds faced by small-scale bitcoin miners continue to pose challenges for the industry. Terms of the agreement include $18.5 million in cash and $74 million in Riot common stock, with the possibility of additional payments based on performance […]
President Joe Biden steps up battles with big business as economic approval sags
With prices 20% higher than they were just a few years ago and confidence in the president’s management of the economy waning, the Biden administration and Democratic lawmakers are focusing all their energy on antitrust law ahead of the election. Democrats are trying hard to shift voters’ frustration with the economy onto the private sector, […]
Joe Biden Praises Mexico’s Border Plan, Dangles Border Curbs as Latino Support Sags
President Joe Biden is dangling new border fencing, praising a border plan pushed by Mexico’s president as he seeks to restore support among alienated and disappointed Latino voters. In response to a question on the Spanish-language Univision television network, Biden was asked whether he intended to issue an executive order to curb the influx. avoided […]
US dollar sags after Harker and Waller highlight Fed still on track to cut – ForexLive
US dollar yen 10 minutes The USD is slightly lower today as the market sorts out another week of data and Fedspeak. I spoke with FRB Director Waller, Asia Pacific Trading, and as usual, he was candid. He said the recent CPI report was a reminder that the development of inflation was not certain, but […]