Tag Archives: move

El Salvador Move Could Strain Bitcoin Blockchain, JPMorgan Says

(Bloomberg) — El Salvador’s declaration of Bitcoin as legal tender could create challenges for both the country and the cryptocurrency, according to a team from JPMorgan Chase & Co. Bitcoin trading volumes commonly exceed $40 billion to $50 billion per day, but most of that is internalized by major exchanges, said a group from JPMorgan including Steve Palacio, Joshua Younger and Veronica Mejia Bustamante, in a report Thursday. A large portion of Bitcoin is locked up in illiquid entities,… Source link

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‘Extremely cruel move:’ Jobless workers brace for early end to unemployment benefits in 25 states

On Saturday, the $380 in weekly jobless benefits Robyn Gregorieff and her husband had depended on for basic needs is getting slashed by 79%, leaving the couple with just $80 a week to live on. She would have been entitled to the larger amount until September if her home state of Alaska didn’t cancel federal unemployment programs early due to mounting concerns over labor shortages. “It makes no sense because the federal government is paying that,” the 43-year-old Gregorieff told Yahoo… Source link

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Biden administration move for disabled borrowers was ‘the bare minimum,’ advocacy group says

Advocacy groups are calling on the Education Department (ED) to forgive $8 billion in student debt held by nearly 518,000 borrowers who are totally and permanently disabled. The groups sent a letter to Education Secretary Miguel Cardona on Friday morning, stating that the department’s existing regulations “unnecessarily prevent qualifying borrowers from accessing and maintaining loan cancellation.” ED confirmed to Yahoo Finance that the agency received the letter and did not provide additional… Source link

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Sabres reportedly want to ‘move on’ from Jack Eichel

If there was any modicum of hope left in Buffalo for Sabres captain Jack Eichel to be still on their team next season, it should be gone by now. Amidst uncertain reports on what their intention this offseason is, Sportsnet’s Elliotte Friedman appeared on Buffalo’s WGR 550 to further solidify the likelihood of a trade this summer. Eichel, 24, has five years remaining on his contract at a cap hit of $10 million. The one true kicker is that he will be earning a no-move clause after next… Source link

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Time to Move Back to the Sidelines, Says Analyst

TipRanks Billionaire George Soros Picks Up These 3 “Strong Buy” Stocks Some investors achieve legendary status, rising far above their peers on a combination of luck and success. Perhaps no one exemplifies this more than George Soros, the Holocaust survivor who, after the war, earned a doctorate from the London School of Economics and went into the banking industry to make his mark. He was wildly successful. The hedge fund he founded, Soros Fund Management, earned an average annualized… Source link

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Judge in Texas lawsuit against Google refuses to move case to California

A Texas judge hearing a state antitrust lawsuit against Alphabet Inc’s (GOOGL.O) Google denied on Thursday a request for the case to be moved to California, where the company is fighting similar lawsuits. Google had asked for the case to be moved for several reasons, including that its headquarters is in California, as are many of the witnesses who would likely be called. read more Judge Sean Jordan of the U.S. District Court for the Eastern District of Texas, however, disagreed that that… Source link

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LA Lakers move closer to play-in tournament

Yahoo Sports will keep you updated nightly on the NBA playoff race during the last two weeks of the regular season. Check back daily for the latest movement in the standings, what to watch for and teams securing their 2020-21 playoff berths. Thursday’s standings Eastern Conference 1. Philadelphia 76ers (45-21) 2. Brooklyn Nets (43-24, 2.5 GB) 3. Milwaukee Bucks (42-24, 3 GB) 4. New York Knicks (37-29, 8 GB) 5. Atlanta Hawks (37-31, 9 GB) 6. Boston Celtics (35-31, 10 GB) Play-in tournament 7. Miami… Source link

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Elizabeth Warren exults at the news of a Biden move on COVID vaccine patents

The New York Times ‘Turning the Corner’: U.S. COVID Outlook Reaches Most Hopeful Point Yet After weeks of coronavirus patients flooding emergency rooms in Michigan, the worst COVID-19 hot spot in the nation, hospitalizations are finally falling. On some recent days, entire states, including Wisconsin and West Virginia, have reported zero new coronavirus deaths — a brief but promising respite from the onslaught of the past year. And in New York and Chicago, officials encouraged by the recent… Source link

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