Amazon allocates $120 million to Starlink rival satellite project
Amazon plans to invest 120 million dollars in the first stage for the internet project from space. “We are proud to partner with Space...
Second-hand home sales in the US at 5-month low
Second-hand home sales in the US fell 3.3 percent month on month in June, falling to a 5-month low. Housing prices reached the second...
Fed launches payment system FedNow
The US Federal Reserve (Fed) announced that its new system "FedNow" for instant payments has been put into service.
In the statement made by the...
UK denies treating cryptocurrencies as ‘gambling’
The UK's Financial Services Secretary, Andrew Griffith, has stated that treating crypto assets as a form of "gambling" will not mitigate existing risks.
Speaking at...
Former Fed Chairman Bernanke expects rate hike for the last time
Nobel Prize-winning economist and former Fed Chairman Ben Bernanke said the Fed could raise interest rates for the last time next week.
Former Fed Chairman...