Money

Crypto Funds Stumble: Holding Bitcoin Outperforms by 68.8%

In H1 2023, Bitcoin outperformed crypto funds by 68.8% due to excess cash holdings and overly cautious strategies.

Robinhood Achieves Profitability, Crypto Struggles

Robinhood achieves profitability despite crypto revenue decline in Q2 2023, with net income of $25M.

US Democrats Face Real Skepticism About America’s Commitment in Glasgow

After the climate summit in Glasgow, House Democrats faced heavy skepticism of their promises during the summit.

Secretary Janet Yellen Predicts US About to Hit Debt Limit

US Treasury Secretary Janet Yellen predicted that the US would reach its debt limit.

Yellen Predicts Normal Prices after Successful Pandemic Recovery

Yellen said that prices could return to their normal levels after the COVID-19 situation subsides.

Biden Invests $650M in Quick Diagnostic Testing

Biden and the US Department of Health and Human Services look to invest $650 million in rapid diagnostic testing.

Airbnb CEO Optimistic of Increasing Travel Demand After Pandemic

Airbnb CEO and co-founder Brian Chesky expressed his optimism in travel demand as the Biden administration lifted the ban on international travelers.

US Senator Supports Billionaire Tax

Senator Ron Wyden expressed his support of the billionaire tax after Elon Musk’s Twitter post.

Former President Barack Obama Encourages COP26 to Help Poorer Countries

Former US President Barack Obama encouraged richer nations to help developing countries with climate change issues.

Biden Administration Addresses Supply Chain Challenges

Last Tuesday, the Biden administration revealed several initiatives to address supply chain issues and global commerce.

US Commits to Stop Financing Fossil Fuel Projects

The United States’ decision to stop financing fossil fuel projects could provide renewable energy projects in lower-income countries.

SEC Promotes Right to Present Proposals for Shareholders Vote

Environmentalists received a win today as the Securities and Exchange Commission made it more difficult for companies to block climate change and ...

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