Binance Charity has pledged to donate up to $1 million in BNB token vouchers to registered Binance users affected by the catastrophic floods in Brazil's Southern Region. The organization is rapidly identifying users and distributing funds to their accounts.
The March 2024 Consumer Price Index (CPI) summary released by the U.S. Bureau of Labor Statistics (BLS) highlighted a 22.2% increase in car insurance rates over the past year, marking it as a notable increase within the overall inflationary pressures.
"European Culture" and "Rivers and Birds" are the top choices of the European Central Bank's Governing Council for future euro banknotes' themes, selected in accordance with the public preferences expressed in 2023 surveys.
Omid Malekan, an author and adjunct professor at Columbia Business School, said in a Nov. 22 social media post on X, formerly Twitter, that the crypto exchange Binance has been punished more severely than traditional financial institutions that have made similar missteps. Malekan said banks that comply with anti-money laundering (AML) rules are still used by criminals for illicit activities.
U.S. Secretary of the Treasury Janet L. Yellen and OMB Director Shalanda D. Young revealed the 2023 fiscal data, spotlighting both economic growth and rising deficits.
The latest U.S. Bureau of Labor Statistics State Employment and Unemployment report for September 2023 offers a glimpse into the nation's diverse job markets.
Binance, the largest cryptocurrency exchange in the world, has announced new partnerships with fiat providers to expand its Euro services. This move will allow Binance users in Europe to conveniently convert their fiat holdings to crypto and vice versa.
In a recent press release from the Department of Treasury, Secretary Janet L. Yellen emphasized the crucial role that the United States plays in addressing global instability. Yellen's statement came after President Joe Biden's request to Congress for supplemental funding to support Israel and Ukraine.
The U.S. Bureau of Labor Statistics' recent press release indicates a 0.4% increase in the Consumer Price Index for All Urban Consumers (CPI-U) for September 2023, down from the 0.6% rise in August. Over the year, the index reported a 3.7% increase prior to seasonal adjustments.
The U.S. Bureau of Labor Statistics reported a rise in total nonfarm payroll employment in September 2023, with the unemployment rate remaining steady at 3.8%.
The Price Cap Coalition's advisory, released on Oct. 12, outlines critical best practices for maritime oil industry stakeholders. Designed to enhance responsible trading and ensure compliance with price caps on Russian-origin oil products set by the G7, EU and Australia, the advisory pinpoints multiple challenges confronting the sector.
In recognition of Hispanic Heritage Month, the U.S. Department of the Treasury released a report card showing that Latino business ownership and revenues in the U.S. are up and detailing how federal investments – including those from President Joe Biden’s American Rescue Plan – are growing and sustaining Latino-owned businesses.
Montana has achieved its annual sustainable timber yield target for its State Trust Land, according to an announcement made by Governor Greg Gianforte and the Montana Department of Natural Resources and Conservation (DNRC) on October 5, 2023.
The U.S. Department of the Treasury has released a report highlighting the impact of climate change on household finances. According to the report titled "The Impact of Climate Change on American Household Finances," severe flooding, wildfires, and extreme heat are imposing significant financial burdens on households across the country. The report reveals that over half of the counties in the U.S., encompassing millions of residents, are at an increasing risk of at least one major climate hazard.
In February, U.S. regulators forced New York-based Paxos Trust Company to stop issuing Binance's stablecoin. Binance, the largest cryptocurrency exchange in the world, has now embraced a stablecoin issued out of Hong Kong, sparking concerns that the actions of U.S. regulators are threatening the hegemony of the U.S. dollar and the U.S.'s position as a global financial leader.
In a press release issued on August 17, 2023, key federal and state financial regulatory agencies announced measures to support financial institutions impacted by the Hawaii wildfires.
When a massive earthquake hit Turkey in February, many residents were left without access to critical supplies. Mustafa, who first discovered Binance on YouTube in 2020, said the cryptocurrency exchange’s actions in the wake of the earthquake enabled his parents to replace their glasses and hearing aids that were lost in the rubble while banks were shut down.
On July 24, the Federal Reserve Board made an announcement regarding a consent decree and significant fines of $268.5 million for the Swiss international investment bank UBS Group AG. The violation was committed by Credit Suisse, which was acquired by UBS in June of 2023, according to a press release.
The European Commission and the U.S. Consumer Financial Protection Bureau (CFPB) have launched an informal dialogue to address the risks of rapid digitalization. Their collaboration safeguards consumers from fraud, privacy violations and discrimination concerns, according to a press release.