Treasury Secretary Janet Yellen is sounding the alarm bells over America’s debt problems. And not in a fiscally conservative manner, either. In a letter to lawmakers, the former head of the Federal Reserve warned there is a chance of a U.S. default that could have drastic consequences for the broader economy. She added that the […]
Archives for September 2021
#BREAKING: Coinbase suffering outage, facing SEC legal strife
For a publicly-traded company, Coinbase has been facing too many technical difficulties. During bitcoin’s 10% selloff, which extended into the broader cryptocurrencies, the company had reportedly faced outages. Or, at the very least, technical issues on the platform. People are reporting that they cannot execute transactions or complete transfers. The website has yet to issue […]
With COVID benefits expiring, will millions of Americans head back to work?
By: Kelli Ballard While Labor Day 2021 celebrated the employed, it also marked the last day of extended unemployment benefits meant to help out-of-work Americans during the pandemic. Across the country, roughly 7.5 million workers lost the subsidies while another three million faced seeing the extra $300-per-month boost disappear, according to a report by the Century Foundation. […]
Bitcoin easing losses as crypto tries to move on after 10% crash
Another collapse in the cryptocurrency market? Almost immediately after El Salvador made bitcoin legal tender, the price of the premier crypto crashed nearly 10 percent to below $47,000. However, it looks like bitcoin’s losses are beginning to ease as it is down (at the time of this writing) just one percent to $46,450. Ethereum has […]