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Janet Yellen

TerraUSD collapse will ‘probably be the end’ of most algorithmic stablecoins, crypto exec says

Luna, the sister cryptocurrency of controversial stablecoin TerraUSD, dropped to $0. The collapse of the algorithmic stablecoin TerraUSD has raised question about the...

Biden to nominate Michael Barr as Fed bank regulator in second attempt to fill post

President Joe Biden will nominate Michael Barr to be the Federal Reserve's top regulator in charge of big banks. Barr, who served as...

Fed’s Waller sees likelihood of multiple half-point interest rate hikes ahead

Getting inflation under control will require raising interest rates at a faster pace than normal even though the pace of price increases probably...

Cathie Wood says banks have a ‘big problem’ thanks to crypto

Cryptocurrency was initially created to sidestep old institutions – and banks may finally be feeling themselves get disrupted, Ark Invest CEO Cathie Wood...

5 things to know before the stock market opens Wednesday

Here are the most important news, trends and analysis that investors need to start their trading day:1. Stock futures sink in what would...

Venture capital fund backed by Russian oligarch Abramovich removes all traces of operations online

Chelsea owner Roman Abramovich is seen on the stand during the Barclays Premier League match between Chelsea and Sunderland at Stamford Bridge on...

Treasury Secretary Yellen: The U.S. should have moved faster toward renewable energy

Outgoing Federal Reserve Chair Janet Yellen holds a news conference after a two-day Federal Open Market Committee (FOMC) meeting in Washington, U.S. December...

Treasury Secretary Janet Yellen says Americans will likely see another year of ‘very uncomfortably high’ inflation

Treasury Secretary Janet Yellen said Thursday that Americans will likely see another year of "very uncomfortably high" inflation as Russia's invasion of Ukraine...

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