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Federal Reserve Chairman Jerome Powell adjusts his tie as he arrives to testify before a Senate Banking, Housing and Urban Affairs Committee hearing on “The Semiannual Monetary Policy Report to the Congress” on Capitol Hill in Washington, July 15, 2021. Kevin Lamarque | Reuters Shifting policy views amid unexpected economic data have opened the door
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Residents walk through disinfectant spray as their residential community lifts epidemic-control lockdown on August 14, 2021, in Nanjing, Jiangsu Province of China. Ruan Zhong | Visual China Group | Getty Images BEIJING — China released economic data for July that showed slower-than-expected growth as the world’s second-largest economy battled floods and a resurgence of Covid-19.
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The Poly Network logo displayed on a phone screen with a physical representation of some cryptocurrencies. Jakub Porzycki | NurPhoto via Getty Images Nearly all of the $600 million stolen in one of the biggest cryptocurrency heists ever has now been returned by hackers. Poly Network, the crypto platform targeted in the attack, said Thursday
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In this article CYXT A data center. Erik Isakson | DigitalVision | Getty Images Company: Cyxtera Technologies Inc. (CYXT) Business: Cyxtera is a global leader in the data center colocation and interconnection services. The company operates a footprint of more than 60 data centers around the world, providing services to more than 2,300 leading enterprises
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Epidemiologist Dr. Anne Rimoin told CNBC that she agrees with White House chief medical advisor Dr. Anthony Fauci when he said that everybody will someday “likely” need a booster shot of the Covid-19 vaccines. “Well, I think Dr. Fauci is right,” said Rimoin, a professor of epidemiology at the UCLA School of Public Health. “What’s
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Chime CEO Chris Britt Source: Chime Chime has raised a new $750 million Series G round of funding that values the fintech company at $25 billion — $10 billion higher than its last reported valuation of $15 billion from October 2020, according to PitchBook data. Chime, a so-called “challenger bank” known for fee-free banking, early paydays
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