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Binance: The crypto giant facing pressure from regulators

Binance doesn t release financial data, so it s hard to say whether it has hit its business. Yet the exchange has made several notable moves in the wake of the regulatory pressure. Binance CEO Zhao said last month he wanted to improve relations with regulators. ....

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U.S. consumer price increases slow in July, signs inflation peaked

The consumer price index increased 0.5% last month after climbing 0.9% in June, the Labor Department said on Wednesday. In the 12 months through July, the CPI advanced 5.4%. The drop in the month-to-month inflation rate was the largest in 15 months. ....

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Inflation: Why hotter inflation failed to shake US markets out of torpor?

Fed officials have repeatedly tamped down fears of inflation running persistently higher than its 2% target, while pointing out they have tools to keep it under control. ....

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Japan shares slip on caution ahead of U.S. inflation data, Eisai extends gains

Japan shares slip on caution ahead of U.S. inflation data, Eisai extends gains
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U.S. drops sanctions on former Iranian officials in routine step

WASHINGTON (Reuters) -The U.S. government said on Thursday it had removed sanctions on three former Iranian officials and on two companies previously involved in trading Iranian petrochemical products, a move a U.S. official said had nothing to do with Iran nuclear talks. Speaking on condition of anonymity, the U.S. official said that the moves by the U.S. Treasury's Office of Foreign Assets Control (OFAC) were routine and unrelated to efforts to revive Iranian and U.S. compliance with the 2015 Iran nuclear deal. "Today, OFAC and the Department of State are also lifting sanctions on three former Government of Iran officials, and two companies formerly involved in the purchase, acquisition, sale, transport, or marketing of Iranian petrochemical products," the Treasury said in a statement. ....

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