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Wharton Professor Calls for Emergency Rate Cut Following Market Downturn

Wharton Professor Calls for Emergency Rate Cut Following Market Downturn

Jeremy Siegel, a finance professor and chief economist, has called for an emergency 75 basis point cut in the fed funds rate following a market dow...
Aug, 06, 2024
by Bitcoin News
Crypto Firm Abra Said to be Insolvent in Texas State Regulators’ Cease-and-Desist Order

Crypto Firm Abra Said to be Insolvent in Texas State Regulators’ Cease-and-Desist Order

According to an emergency cease-and-desist order from the Texas State Securities Board, the cryptocurrency firm Abra is “insolvent or nearly insolv...
Jun, 16, 2023
2 min read
by Bitcoin News
Systemic Swiss Banks Not Ready for Crisis, Regulator Says

Systemic Swiss Banks Not Ready for Crisis, Regulator Says

Switzerland’s financial regulator is not satisfied with the emergency plans of two of the Alpine nation’s five major banks. The assessment refers t...
Apr, 28, 2023
2 min read
by Bitcoin News