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Fed partner with MIT to develop “hypothetical digital currency”

CoinList co-founder and president Andy Bromberg says more people believe cryptocurrency is a ‘safe haven’, which is driving the industry to grow in the market. The Federal Reserve Bank of Boston is partnering with the Massachusetts Institute of Technology to develop, test, and research a hypothetical digital currency over a period of two to three years. Federal Reserve Board Governor …

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Tesla vehicles are gaining value on the Karma loan

car Published in August 13, 2020 | by Johnna Crider August 13, 2020 from Johnna Crider Want some evidence that Tesla vehicles can appreciate in value over time? Look no further than a Tesla owner who was surprised to discover that the value of her car did not decrease, but increased, in the past month. Tesla Joy shared a picture …

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Access to this site has been denied because we believe you are using automation tools to browse the website. This can happen as a result of the following: Javascript is disabled or blocked by an add-on (for example ad blockers) Your browser does not support cookies Please make sure Javascript and cookies are enabled in your browser and that you …

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Daimler settles its lawsuit over emissions scandal for nearly $ 3 billion

The parent of the Mercedes-Benz Daimler will pay close to $ 3 billion to settle the US consequences of its oil emissions scandal. The German carmaker said it expects its latest deal with US authorities, including the Environmental Protection Agency (EPA), the California Department of Justice and the California Air Resources Board (CARB), to cost approximately $ 1.5 billion. He …

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iQiyi shares the dip as he says the SEC is investigating allegations of fraud

Shares of Chinese streaming service iQiyi plunged into overtime trading in the US after announcing that the Insurance and Exchange Commission (SEC) has launched an investigation into the company. The SEC investigation was spurred on by an April report by Wolfpack Research, which describes itself as an “activity firm for proper research and care”. In that report, Wolfpack accused iQiyi …

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Belinda Stronach resolves court cases with her father

The lawsuit between Frank Stronach and his daughter, Belinda, chairwoman and president of The Stronach Group, has been dismissed by the Ontario Supreme Court of Justice as a result of a settlement agreed by the parties, TSG said in a statement. In the fall of 2018, about two years after Belinda succeeded Frank at the helm of a private missile …

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Asian stocks to stop ahead of China data on US “altitude sickness”

BOSTON (Reuters) – Asian stocks were set for a mostly flat start on Friday as markets weighed a pause on Wall Street multi-month stock declines and awaited the release of Chinese economic data later in the session. PHOTO PHOTO: A visitor wearing a face mask, after a coronavirus explosion, walks in front of a stock quoting board outside a brokerage …

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Recall toxic hand sanitizer due to ‘deliberate decision’ by manufacturers to cut costs

The main Fox Business Flash titles are here. Check out what clicks on FoxBusiness.com. Experts say some manufacturers were deliberately replacing ethanol with methanol in their now-sanitized hand products in order to cut costs and continue demand amid the shortage created by the COVID-19 pandemic. The Food and Drug Administration has consistently updated its list of hazardous hand sanitizers, which …

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