US Fed: More rate hikes are likely this year to fight inflation
‘Process of getting inflation back down to 2% has long way to go,’ central bank chief Powell tells congressional panel.
Source: aljazeera.com
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US Financial Services Committee sets date to discuss future of crypto
The committee hearing will discuss the future of the digital asset ecosystem and Congress’s efforts to provide clear rules of the road.
Source: cointelegraph.com
Target's Political Donations to Republicans Backfired
Target's PAC donated hundreds of thousands of dollars to elect Republicans in last year's midterm elections.
Source: newsweek.com
US debt ceiling deal: How odd pair, Joe Biden and Kevin McCarthy, saved the US economy
The bar was set low for Kevin McCarthy, a newcomer to the speakership, while Joe Biden is an unpopular president who first refused to talk on lifting the debt ceiling. Also, the fact that they are on opposing sides in Washington's political fight makes their feat all the more remarkable
Source: firstpost.com
'Far from ecstatic': Democrats reluctantly promise to help pass debt limit deal
There was general resentment that Democrats were needed to get it over the line in the House because Republicans lacked the votes.
Source: bostonglobe.com