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Federal Reserve Chairman Jerome Powell holds a news conference following the two-day Federal Open Market Committee (FOMC) policy meeting in Washington, U.S., March 20, 2019. Jonathan Ernst | Reuters Federal Reserve officials speaking at a policy conference may get a lot more attention than usual in the week ahead after President Donald Trump’s latest tariff
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Bitcoin decoupled from traditional markets in May, rising more than $3,000. The cryptocurrency, currently at $8,300 on Bitstamp, is set to end higher for the fourth straight month with 60 percent gains. That is the longest monthly winning streak and the biggest monthly gain since August 2017. Notably, the leading cryptocurrency by market value has
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The Surf Club is a 1929-built landmark in Surfside. Courtesy of Kobi Karp Architect Kobi Karp doesn’t merely build structures—he builds bridges. Not water-traversing spans but metaphorical bridges that link people, cultures, neighborhoods and communities. And from where he stands, the views are spectacular. Miami architect Kobi Karp Courtesy of Kobi Karp Karp’s method: he
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Skeptics question the viability of New York Mayor Bill de Blasio’s proposed Brooklyn-Queens Connector streetcar project. His funding plan for the so-called BQX, an 11-mile, $2.7 billion waterfront route from Astoria in Queens through downtown Brooklyn to Red Hook, hinges on two huge variables — real estate value capture and aid from Washington. The estimated
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Japanese e-commerce giant Rakuten, has partnered with blockchain analytics firm CipherTrace to help ensure compliance for its soon-to-go-live cryptocurrency exchange. CipherTrace announced Wednesday that it will help ensure sound anti-money laundering (AML) processes are in place for the firm’s Rakuten Wallet exchange platform, which is based in Tokyo. Rakuten Wallet started accepting account registrations last
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Defense Department’s Patrick Shanahan, before he was tapped by President Donald Trump to serve as the department’s Acting Secretary Department of Defense The Pentagon presented a report to Congress on rare earth minerals in an effort to reduce reliance on China, according to a Reuters report. “The department continues to work closely with the president,
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Representatives of minority- and women-owned small banks from around the country gathered in New York City last week to discuss ways to expand business opportunities. Attending MWBE University, last Thursday’s session focused on how small institutions can become a New York City-designated bank and receive tax breaks for contributing to the city’s development efforts. MWBE
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