Business

Since the first weeks of President Donald Trump’s second term, when the president signaled a wholesale reimagining of the international trade system on a scale not seen in decades, mainstream economists have warned that prices would surge. The mantra, repeated by everyone from mainstream economists to factions of the GOP, has been clear: A tariff is a tax on consumers. …

Key Takeaways MoonPay got hit by a high-profile scam targeting its CEO and CFO, despite its recent expansion into all 50 U.S. states, highlighting the other side of crypto adoption. An elaborate online scam recently tricked two top MoonPay executives into losing over $250,000, according to a U.S. Department of Justice filing. The filing states that the scam involved 40,350 …

The Private-Equity Maneuver Allowing More Investors to Cash Out  The Wall Street JournalView Full Coverage on Google News Source link

“Crypto week” could change how Americans use, save money  Axios Trump threatens to withhold endorsements for GOP senators who don’t back rescissions bill  Politico Chairman Hill Joins Thinking Crypto Podcast to Preview “Crypto Week”  U.S. House Financial Services Committee (.gov) Analysis | House Republicans plan ‘Crypto Week’ votes on industry-backed bills  The Washington Post Democrats push back on trio of Trump-backed crypto bills with …

Residents have reached out to 5 EYEWITNESS NEWS, reporting that their water is not working in Crystal, Golden Valley and New Hope. The three cities operate a joint water commission, which manages a water supply, storage and distribution system for the three communities. Residents reported that they have no water in their homes at all, while others are experiencing low …

A Boston real estate expert has sounded the alarm over the city’s deepening housing crisis. Daniel J. O’Leary, founder of the 617 Living Team, told Daily Mail that while rising rent prices are pushing some tenants to consider homeownership, the reality is that many are financially stuck. Boston recently ranked as the most expensive rental market in the United States – …

Postage stamp price hike takes effect  KELOLAND.com Cost of stamps increasing July 13: See USPS’s new prices  Yahoo USPS stamps cost more starting this Sunday  Axios USPS to increase some prices on mail and shipping services starting Sunday  KSBY News Postcard lovers, brace yourselves: Forever Stamps prices increase  fox40.com Source link

President Donald Trump’s potential dismissal of Federal Reserve Chair Jerome Powell is a major and underpriced risk that could trigger a selloff in the US dollar and Treasuries, a Deutsche Bank AG strategist said. Trump this week said Powell should “resign immediately,” if allegations from an administration official that the central banker misled lawmakers over renovations to the Fed’s headquarters prove true. …

HARTFORD, Conn. (WKRC) — A company recalled bread that was sold in 12 states, including Kentucky, Indiana and Ohio. According to the United States Food & Drug Administration (FDA), Hartford Bakery, Inc. has issued a voluntary recall of six lots of its “Lewis Bake Shop Artisan Style 1/2 Loaf” due to the presence of undeclared hazelnuts. The recall affects products …

Jennifer Meierhans, Mitchell Labiak and Lucy Hooker BBC News BBC The cost of all-inclusive package holidays to some of the most popular destinations has soared, prompting people to get creative to save money. BBC News has been speaking to people who have used money-saving hacks to slash the price of their summer getaways. If there are issues you would like …