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A government study conducted by the Research Office at Hong Kong’s Legislative Council has suggested that the city should take cues from countries like Japan and Singapore in its efforts to develop and embrace Web3 technologies and crypto.The study emphasized that Hong Kong can draw on the experiences of early…

Innovative Industrial Properties, Inc. (NYSE:IIPR) is the largest publicly traded provider of real estate capital to the U.S. cannabis sector. The stock prices of its tenants have plunged over the last few years, leading to its own price to plunge as well. While IIPR did indeed trade at bubbly valuations…

The US Federal Trade Commission has sued Amazon, accusing it of duping customers into signing up for its Prime service without their consent and “sabotaging” efforts to undo their subscriptions.The FTC said in the heavily redacted complaint filed on Wednesday that Amazon had used “manipulative, coercive, or deceptive user-interface designs…

The effort to censure Democratic Rep. Adam Schiff, a key figure in the House investigations into Donald Trump and who is running for a US Senate seat in California, cleared a key procedural obstacle Wednesday afternoon after a vote to kill the legislation failed. Rep. Anna Paulina Luna, a Florida…

Three-month through 30-year Treasury yields rose on Wednesday, after Federal Reserve Chairman Jerome Powell reiterated to Congress that more interest rate hikes are likely to be on the way this year. What’s happening The yield on the 2-year Treasury note TMUBMUSD02Y, 4.704% was 4.726%, up from 4.695% on Tuesday. The…

Shares of power producers rose as traders sought out safe havens. U.S. Treasury yields jumped, led by the policy-sensitive 2-year rate, after one Federal Reserve policy maker reinforced the central bank’s message that more rate hikes are needed to bring down inflation. At least four people were killed in Texas…

Lindsay Mack earned her bachelor’s degree from Georgetown University in 2005. Nearly 15 years later, when she considered the best way to grow her business acumen, an MBA was not it.Mack, who is from Philadelphia, grew her career without an MBA. When ready to advance her skills in platform strategy,…

Bank deposits fell slightly last week and lending also declined for the first time in a month, the Federal Reserve reported Friday, but there was little sign of major stress in the U.S. financial system. Total bank lending declined by $49 billion to $12.09 trillion in the seven days ending…

© Reuters. FILE PHOTO: A man is reflected on an electric monitor displaying a stock quotation board outside a bank in Tokyo, Japan, June 5, 2023. REUTERS/Issei Kato/ FILE PHOTO By Sinéad Carew and Marc Jones NEW YORK, LONDON (Reuters) – MSCI’s global index of stocks rose on Thursday to…