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Federal Reserve officials agreed that inflation is likely to continue to slow this year, but also saw a heightened risk of persistent price pressures as policymakers begin to deal with the impact of the incoming Trump administration's policies, according to Federal Reserve meeting notes for December. Participants expected inflation to continue to move toward 2 percent, although they noted that recent higher-than-expected inflation data, as well as the impact of potential changes in trade and imm...
Ahead of the Trump administration and its enthusiasm for digital assets, SEC Chairperson Gensler is making one last lobbying push to allow the agency to regulate the cryptocurrency market, the agency reported. In a speech prepared for a legal conference in New York on Thursday, Gensler reiterated that the agency should focus on "rules of the road" that apply to cryptocurrency sales and intermediaries, such as brokers and exchanges, to support proper disclosure. Gensler said the experience of the...
Shipping agent: Turkey's Bosphorus Strait has been suspended due to ship engine failure.
On March 30, the Ministry of Transport and Infrastructure of Türkiye issued a statement on March 29 local time, saying that two-way shipping in the Bosporus Strait was suspended due to the failure of a cargo ship. The Bosphorus Strait connects the Black Sea and the Mediterranean, and is one of the busiest maritime trade routes in the world.
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