Business

[ad_1] Stable cryptocurrencies could become systemic overnight, said U.S. Federal Reserve Chairman Jerome Powell, and that’s why the Fed is determined to get its own central bank digital currency. CBDCs are the banking industry’s answer to stable cryptocurrencies. Although they are often hosted on the blockchain, they share little philosophical parity with their decentralized counterparts. … Read more

[ad_1] The two main drawbacks of electric cars – limited range and slow charging – are likely to persist until battery makers can fix the dendrite problem. This solution will be worth billions, and a range of startups often backed by automakers are touting their early successes. Investors are swarming around one of the few … Read more

[ad_1] Smartphone giant Xiaomi Corp. has become the latest Chinese tech group to be targeted by the Trump administration, with its surprise addition to a U.S. investment blacklist drastically lowering its shares. Xiaomi’s addition of malicious analysts and investors. Xiaomi, a consumer electronics company specializing in mobile phones and home appliances, had managed to avoid … Read more

[ad_1] Jan. 15 (Reuters) – US President-elect Joe Biden has selected former Food and Drug Administration (FDA) commissioner David Kessler to help lead the US COVID-19 vaccination program Operation Warp Speed, the New reported on Friday. York Times. The report comes after Moncef Slaoui, the program’s chief adviser, resigned at the behest of Biden’s incoming … Read more

[ad_1] The main Fox Business Flash titles are here. Find out what clicks on FoxBusiness.com. U.S. equity futures tend to move lower hours before the opening bell on Friday after President-elect Joe Biden announced plans to come up with a $ 1.9 trillion package to help the rally recover. coronavirus pandemic. Biden spoke about the … Read more

[ad_1] View of the road sign “Tesla Straße 1” in front of the construction site of the Tesla factory. Tesla boss Musk visits the construction site of his electric car factory. Jorg Carstensen | image alliance | Getty Images Tesla lost ground in Europe, with its Model 3 now only the fourth best-selling pure electric … Read more

[ad_1] The transfer of 28.15 Bitcoins from December 8 to 22, alt-right recipients may have been used to help organize the January 6 assault on the U.S. Capitol, investigators believe. Bitcoins were valued at over $ 500,000 at the time of transfer. Chainanalysis examined the donations after Yahoo News alerted the organization of transactions on … Read more