Disney’s (DIS) showdown in Florida continues to weigh on the company and its embattled CEO, Bob Chapek. On Friday, Governor Ron DeSantis signed into law the bill revoking Disney’s special district status. The move has largely been seen as a response to Disney’s unfavorable reaction to the so-called “Don’t Say Gay” bill. The controversial bill, which will go into effect on July 1, states, “Classroom instruction by school personnel or third parties on sexual orientation or gender identity may… Source link
Read More »Fed officials on the fence about adopting digital US dollar
The Federal Reserve is continuing its research on the use of a central bank-issued digital currency (CBDC), but key officials are saying not to expect any Fed-issued digital dollars any time soon. “That fundamental question of, ‘what are we trying to do with this’ is not clearly answered,” Fed Governor Randal Quarles said in a webinar on Tuesday. The Fed is working with researchers at the Massachusetts Institute of Technology to build and test a digital dollar in different hypothetical… Source link
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