WASHINGTON, D.C. (7News) — The U.S. Attorney’s Office filed a civil forfeiture complaint in D.C.’s District Court against more than $225.3 million in cryptocurrency.
Trump-appointed U.S. Attorney Jeanine Ferris Pirro made the announcement on Wednesday, explaining that the Secret Service and the FBI used “blockchain analysis and other investigative techniques”
Nippon Steel has finalized its deal to buy 100% of US Steel, the iconic steelmaker that was once the world’s most valuable company and a cornerstone of American industrial might.
The companies announced Wednesday that the two had completed the partnership.
» Read more about: US Steel, once America’s biggest company, is now under foreign ownership »
Grifin, an investment app that simplifies investing by automatically purchasing stocks in brands where users regularly shop, announced on Wednesday that it has secured an $11 million Series A funding round, bringing the total amount raised to around $22 million.
Alongside the announcement, Grifin also revealed it has surpassed 500,000 registered users,
» Read more about: Grifin secures $11M to make investing less intimidating »
The Federal Reserve seems to be leaning hard on the mantra: If it ain’t broke, don’t fix it. The central bank yet again opted to keep interest rates steady Wednesday as policymakers wait for economic uncertainty to clear.
At the conclusion of a two-day policy meeting, the Federal Open Market Committee voted to keep its target for the federal-funds rate at 4.25% to 4.50%,
The major stock market indexes were holding onto modest gains with just under an hour to go until the Federal Open Market Committee releases its June interest-rate decision.
The Dow was up 120 points, or 0.3%. The S&P 500 was up 0.3%. The Nasdaq Composite was up 0.5%.
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» Read more about: Stock Market Sentiment: What Latest Polling Says »
Bristol-Myers Squibb recently announced dividend declarations for common and preferred stock, potentially adding some weight to the company’s stock performance over the past month. The stock saw a modest gain of 1%, which aligns closely with broader market movements amid geopolitical and economic factors such as the Middle Eastern conflict and anticipation around the Federal Reserve’s decision on interest rates.
Warren Buffett has never pretended to eat healthy. For decades, he’s bragged about his love of McDonald’s breakfasts, Dairy Queen sundaes, and five cans of Coca-Cola a day. “I checked the actuarial tables,” he told Fortune in 2015, “and the lowest death rate is among six-year-olds.
WASHINGTON (AP) — The number of Americans applying for unemployment benefits dipped to 245,000 last week, hovering at historically low levels, the Labor Department said Wednesday.
U.S. jobless claims ticked down from 250,000 the week before. Economists had expected last week’s claims to match that at 250,000.
The four-week average of claims,
» Read more about: US unemployment ticked down, hovering at historically low levels »