The US Federal Reserve denies that its new instant payments service, FedNow, is in any way tied to the digital asset space.
But experts say the new system could lay the groundwork for the infrastructure needed for a potential central bank digital currency (CBDC) in the US And so this week’s announcement has led to a fresh airing of warnings about potential privacy and control risks around a digital dollar.
The Fed on Thursday officially launched the service, which makes the process of sending payments in the US almost instantaneous, as opposed to a few hours or days that sends
Concerns that the city’s plan was thin on economic development and housing nearly forced it back to the drawing board.
Thunder Bay’s city council has signaled its intention to focus on economic growth and housing, insisting on emphasizing those issues in the city’s new strategic plan before approving it this week.
The plan, meant to serve as a roadmap of top city priorities through 2027, was crafted by staff based on a series of private meetings involving the council in recent months.
At a Monday meeting, however, some councillors complained the result — which emphasized issues including climate change and
By: Super Admin
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The executive summary is a concise overview of your entire business plan. It should highlight the key points and objectives of your venture, providing
Bankrupt Bitcoin (BTC) miner Core Scientific filed its Chapter 11 bankruptcy plan.
The plan was filed in the United States Bankruptcy Court for the Southern District of Texas Houston Division. The plan was negotiated with key stakeholders, and according to the filing, the firm is “seeking to build as much consensus as possible” about how a new Core Scientific would look after emerging from its bankruptcy proceedings.
The company said it had seen a boost in liquidity since filing for Chapter 11 bankruptcy and is focused on revamping its business plan to make a successful comeback. The company attributed its
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Bud Light has been dethroned, relinquishing the crown after its two-decade reign as America’s best-selling beer came to an end last week.
Its fall from grace is no surprise. The backlash from Bud Light’s controversial partnership with Dylan Mulvaney has been plaguing the company for months. Anheuser-Busch’s bungled response hasn’t helped.
Initially, the company made a massive blunder with its CEO’s flat response that neither mentioned the controversy nor apologized for it. Since then, it’s effectively doubled down on its “nothing to see here” strategy, remaining virtually silent despite a persistent
The plans include an aquaculture component to produce fresh Steelhead (rainbow trout) as well as a hydroponic side that will produce a wide variety of vegetables and herbs
Nestled in the rolling File Hills of southern Saskatchewan, the Cree and Assiniboine Little Black Bear First Nation of 660 members and 227 residents has made economic development a top priority in recent years. The community is about midway through the development stage of an aquaponics facility that will combine both an aquaculture and a hydroponics operation under one roof. Construction of the facility on reserve land is expected to begin this
Family offices are increasingly investing in oil and gas, and some industry analysts and executives say their presence may offset some of the macro deficit created when generalist investors fled the E&P space.
A decade of small returns coupled with a rising tide of anti-fossil fuel sentiment drove shareholders away from the sector in recent years. But private family offices may be less distracted by the sector’s history, especially as many large producers – flush with free cash flow – are now returning record cash to investors.
Dallas-based private equity firm Pearl Energy Investments closed a $705 million fund in
For many investors, the main point of stock picking is to generate higher returns than the overall market. But if you try your hand at stock picking, you risk returning less than the market. We regret to report that long term Varia Europe Properties AG (BRN:VARE) shareholders have had that experience, with the share price dropping 61% in three years, versus a market return of about 23%. Furthermore, it’s down 25% in about a quarter. That’s not much fun for holders. This could be related to the latest financial results – you can catch up on the most recent data
