Bitcoin price performance seems to have hit a slump since the quadrennial halving ended, hovering around the $64,000 price level for about a few hours at press time. However, analysts suggest Bitcoin could be gaining bullish momentum for a major rally next month. While the largest cryptocurrency in the market…

The Federal Trade Commission (FTC) is banning noncompete clauses in employment contracts. Such agreements have two basic purposes: One is to prevent an employee who possesses proprietary information from leaving a company to go to work for a direct competitor or to start a competing outfit. The ban is for…

JPMorgan’s market capitalisation is now greater than that of the top ten euro-zone banks, underlining the enormous gap in progress that EU banks have made since the global financial crisis. One policy response to that, in 2014, was the launching of the capital markets union (CMU) which was headlined by…

POLITICS

View More

The Supreme Court appeared ready to reject former President Donald Trump’s claims of sweeping immunity and the broad protections he has sought to shut down his federal election subversion case, but also reluctant to give special counsel Jack Smith carte blanche to pursue those charges. After nearly three hours of oral arguments, several of the justices seemed willing to embrace a result that could jeopardize the ability to hold a trial before the November election. The court’s conservatives aggressively questioned the lawyer representing the special counsel, seemingly embracing a central theme that had been raised by Trump that without at…

Read More

Investing

When Minouche Shafik was announced as Columbia University’s president last year, she was called the “perfect candidate” by the chair of Columbia’s Board of Trustees. Now, some of her own students and professors, as well as the speaker of the House of Representatives, are calling on her to resign. Just…