Author: Leslie Stewart

White House economic adviser Kevin Hassett said Wednesday that the authors of a recent New York Fed paper that found U.S. businesses and consumers shoulder the lion’s share of the tariff burden should be “reprimanded.”In an interview with CNBC, the head of the National Economic Council trashed the report, saying the central bank’s researchers ignored important aspects of how the mandate would work and instead focused solely on prices. Hassett said the study should have also included the upward effects on wages and benefits that U.S. companies are seeing from increased domestic production.”So this paper is embarrassing,” Hassett said in…

Photostorm | E+ | Getty ImagesWelcome to “Boom Session”.This term is a combination of “boom” and “bust.” Creator Matt Stoller said the film highlights how average Americans don’t feel like they’re reaping the benefits of an economy that’s working well on paper.Although economic output and stock markets are surging and consumers are spending big, the post-pandemic recession that many expected did not materialize. But with debt at an all-time high and many people worried about their finances, a majority of Americans mistakenly believe the country is in an economic slowdown.”Traditionally, the economy has been very strong,” said Stoller, an antitrust…

Cryptocurrencies, particularly stablecoins, will rapidly move from early experimentation to mainstream for African merchants over the next two to three years. As the regulatory fog clears, customer familiarity with stablecoins will accelerate as banks and major platforms adopt them and normalize crypto payments. From July 2024 to June 2025, cryptocurrency activity in sub-Saharan Africa recorded a 52% year-on-year increase, with on-chain value exceeding $205 billion, ranking it the third fastest-growing cryptocurrency market in the world. Of this, South Africa accounted for an estimated $35-40 billion, driven by strong stablecoin usage and significantly increased participation by institutional investors. Stablecoins currently account…

Disclosure: The views and opinions expressed herein belong solely to the authors and do not represent the views and opinions of crypto.news editorials. Privacy has been a recurring theme in the cryptocurrency space for years. Just a few weeks after Bitcoin (BTC)’s launch, Hal Finney pointed out this issue in only his second tweet about Bitcoin (BTC), but the concept did not gain widespread attention until the arrival of Monero (XMR) in 2014. Since then, privacy has repeatedly re-emerged as a core promise of decentralized money, especially in moments of heightened concerns around regulatory pressure and financial oversight. summary Opt-in…

A customer looks at products on a supermarket shelf on January 15, 2025 in London, England. Dan Kitwood | Getty Images News | Getty ImagesUK inflation fell to 3% in January, according to the latest figures from the Office for National Statistics (ONS).Economists polled by Reuters had expected the consumer price index to fall to 3% from 3.4% in the 12 months to December.Core inflation, which excludes energy, food, alcohol and tobacco, was 3.1% in January, down from 3.2% in December. In comments on X, ONS chief economist Grant Pfitzner said the decline in inflation to its lowest annual level…

IE11 is not supported. For the best experience, please visit our site in a different browser.Arizona Wildlife World Zoo looking for names for baby pygmy hippopotamus00:22Currently playingAlisa Liu advances to medal range01:12to the nextBlade Angels take to the ice, Marinin opens on day 1101:4910 skiers missing, 6 stranded in California avalanche00:15Sheriff says there is no DNA match to gloves found in Guthrie case02:17US bobsled duo falls short of 3 German teams00:45Team USA reacts to Taylor Swift’s ‘Blade Angels’ video00:33Amber Glenn lands a triple axel but misses another trick01:06U.S. skier shows off new tricks to win silver medal00:59Truck goes airborne and…

When 21-year-old figure skating superstar Ilya Marinin surprised everyone with a below-average performance in the men’s single skating event, dropping from first to eighth due to an error-filled free skate program, he cited the pressure as one of the reasons for his struggles.”It was tough with all this pressure, all the media, and just being an Olympic gold medal candidate,” he said immediately after the result. “It was too much to handle.”In an interview with TODAY on Tuesday, Malinin made his most extensive comments since the free skate, admitting he was not ready for the Olympic spotlight.”To be honest, it’s…

Disclosure: The views and opinions expressed herein belong solely to the authors and do not represent the views and opinions of crypto.news editorials. Quantum computing is often portrayed as a distant storm on the horizon and is not yet relevant to today’s cryptographic systems. In 2026, that framework is dangerously wrong. The Ethereum Foundation’s recent decision to launch a dedicated post-quantum (PQ) cryptography team with $2 million in funding marks a turning point for the industry. The world’s most influential smart contract ecosystem no longer treats quantum risk as theoretical. This is acting on the correct assumption that crypto disruption…

IE11 is not supported. For the best experience, please visit our site in a different browser.Currently playingMegan Oldham wins gold in women’s big air00:28to the next2 dead, 3 injured in Rhode Island hockey game shooting00:41Nancy Guthrie’s family has solved her disappearance00:27Elana Myers Taylor brings monobob gold medal to USA02:00U.S. women’s hockey team advances to gold medal game00:43Academy Award-winning actor Robert Duvall dies at age 9501:10Partial government shutdown enters third day00:58Max Naumov pays tribute to his late parents with Olympic skating00:26Team USA wins more gold medals at Winter Olympics01:43Israeli soldier rescued amid ultra-Orthodox protests00:37Kilauea Volcano lights up the night in Hawaii00:31Truck…

IE11 is not supported. For the best experience, please visit our site in a different browser.A look back at actor Robert Duvall’s acclaimed career02:13Currently playingAcademy Award-winning actor Robert Duvall dies at age 9503:45to the nextBlake Lively and Justin Baldoni meet in New York in final reconciliation effort02:47Actor James Van Der Beek dies at age 48 after battling cancer02:44Dodgers star Shohei Ohtani talks baseball, spending a lot of money and new children’s book03:24New children’s book inspired by Shohei Otani’s daughter and dog02:59Actress Catherine O’Hara dies at age 7102:52Scammers impersonate Skims and ask for intimate images03:53Snowboarder Shaun White wows the Central Park…