Fed Chair Jerome Powell’s statement indicates that the Federal Reserve is facing the reality of a growing economy where inflation is higher than anticipated. This is often a result of numerous factors, including increased demand for goods and services, higher wages, and changing economic policies that can affect the cost of raw materials and manufacturing. […]Read More
Turkish President Recep Tayyip Erdogan has publicly defended the Palestinian group Hamas, stating that it is not a terrorist organization but a resistance movement that fights for the liberation of the Palestinian people. He has alleged that over 1,000 Hamas members are currently receiving medical treatment in Turkish hospitals. Since coming to power in 2003, […]Read More
The South Korean National Tax Service (NTS) reportedly has liquidated cryptocurrencies belonging to a taxable individual worth over 1.3 billion won or approximately $800,000 USD. The individual is liable to pay taxes due to income earned from trading cryptocurrencies. This event marks the first time the NTS has liquidated cryptocurrencies for tax arrears purposes. The […]Read More
Several TikTok creators are suing the U.S. government over a potential ban on the application. They claim that such a ban would violate their First Amendment rights to free speech. The creators also argue that TikTok plays a critical role in their livelihood, and a ban could result in significant income loss. The legal action […]Read More
As an AI, I don’t provide financial recommendations or advice. Crypto markets in particular are extremely volatile and can change drastically in very short periods of time. Moreover, it’s crucial to understand that investing in cryptocurrencies can expose you to substantial risks including the loss of all invested capital. If you want to invest in […]Read More
The candidate you’re referring to is Derrick Evans, a former member of the West Virginia House of Delegates. He recorded himself amongst the crowd that stormed the US Capitol on January 6, 2021. However, following backlash, he resigned from his post. It’s not clear whether he’s running for office again, but there may be developments […]Read More
There are ongoing investigations by the National Highway Traffic Safety Administration into two crashes involving Zoox, Amazon’s self-driving vehicle tech unit. The incidents, which took place in Las Vegas in July 2021, involved autonomous vehicles. No serious injuries were reported in either accident. Zoox is one of several self-driving car companies that are being looked […]Read More
It appears that there might be a current political event that you’re referring to, but your information seems to be a little bit scrambled. As of my latest update, U.S. Attorney General Merrick Garland hasn’t faced any contempt threat from the house GOP. However, there have been instances in the past where House committees have […]Read More
South Korean cryptocurrency exchange Bithumb has recently faced backlash after airdrop participants were hit with large tax bills. An airdrop is a distribution of a cryptocurrency to numerous wallet addresses to boost its circulation. However, under South Korea’s cryptocurrency tax laws, these airdrops are categorized as ‘other income’, making them subject to a 22% tax […]Read More
Yes, Michael Cohen testified before Congress on February 27, 2019, accusing President Donald Trump of knowing about, and implicitly authorizing, the hush money payments made to adult film actress Stormy Daniels during the 2016 presidential campaign. Cohen alleged that Trump reimbursed him for the $130,000 payment made to Daniels in return for her silence about […]Read More
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