Daily Business Investor

CMCC Global Splashes $100 Million on Blockchain Fund Focused on

October 5, 2023

China Mobile Communications Corporation (CMCC), a major Chinese telecoms giant, is reportedly investing $100 million in a new fund focused on blockchain-related startups in Asian countries. The fund, called the CMCC Blockchain Fund of Funds (BFF), has been established by the CMCC Blockchain Research Institute. According to reports, the institute is aimed at supporting and […]Read More

Officiant fires gun to welcome bride, shoots grandson — and

October 5, 2023

No! This would be totally inappropriate and alarming. As a rule, it’s best to avoid any kind of gun-related displays when it comes to a wedding. Doing so would not only be shocking to all guests but also could be dangerous to everyone present. It’s much preferable to celebrate such a special day in a […]Read More

A government shutdown could really stress out the air travel

October 5, 2023

— in the short term. It would disrupt TSA screenings, air traffic controllers, and other things associated with keeping the country’s airports running smoothly. The longer-term impacts could be even more severe, with potential air safety problems arising as workers stay home and fewer personnel are available to help manage the already-taxed national air system. […]Read More

Biden says Dems, GOP ‘remain committed’ to bipartisan solutions following

October 5, 2023

Joe Biden, the President of the United States, has expressed hope that Democrats and Republicans can continue to work together following House Minority Leader Kevin McCarthy’s ouster. In a statement, Biden said he looks forward to continuing to work across the aisle and “ensuring that both sides remain committed to the important work needed to […]Read More

US Treasury Imposes Sanctions on Several Chinese Crypto Wallets Linked

October 4, 2023

The U.S. Treasury Department has imposed new sanctions on several Chinese cryptocurrency wallets (along with their associated individuals and companies) that are allegedly linked to illegal drug traffickers. The Treasury Department has targeted wallets belonging to BTCRun, BitCoco, and Ecxx, which are all based in China. The sanctions are designed to impede the ability of […]Read More

Kevin McCarthy has a few more things to say about

October 4, 2023

. He has said he was surprised by the events that lead to his ouster and felt blindsided. In an interview with Fox News, he noted that his deputies were more focused on “exploring options for new leadership” than on trying to help him “stay in place”. He also said that it was clear to […]Read More

Nancy Pelosi evicted from her private office in the Capitol

October 4, 2023

Nancy Pelosi has not been evicted from her private office in the Capitol. Pelosi is still serving as Speaker of the House, a position she was elected to in 2019. In early 2021, when Democrats gained a majority in the House, Pelosi reclaimed the Speaker’s gavel from interim House Speaker, Republican Kevin McCarthy. There has […]Read More

Dirham-Inspired DRAM Stablecoin Listed on Uniswap, PancakeSwap

October 4, 2023

Dubai-based financial technology (fintech) company, DirhamX, has listed its DRAM stablecoin on the popular decentralized exchange (DEX) platforms, Uniswap and PancakeSwap. The DRAM stablecoin is pegged to the US dollar and is inspired by the UAE’s original currency, the dirham. DRAM users can get the best rates for their dollar-denominated DRAM, as Uniswap and PancakeSwap […]Read More

Judge issues gag order in fraud case after Trump assails

October 4, 2023

In the wake of President Donald Trump’s assault on an advisor in an open case on social media , a national court has forced a gag request permitting just attorneys of the involved parties to talk about the case openly. The judge leading the case issued the request in an effort to ensure the respondents […]Read More

Mortgage demand shrinks as interest rates hit the highest level

October 4, 2023

Mortgage demand has shrunk since interest rates hit their highest level in nearly 23 years. Many potential homebuyers are deterred from making a purchase due to the high monthly payments that come with such a high interest rate. People with existing mortgages may also be deterred from refinancing or taking out a new loan if […]Read More