Coinbase Listing Puts Spotlight on Nasdaq As Bitcoin Booms
(Bloomberg) — Nasdaq Inc., an exchange that has never hosted a major direct listing, is about to try its hand on the most valuable company to go public using one.Coinbase Global Inc., the largest U.S. cryptocurrency exchange, is set to debut on Wednesday through a direct listing, an alternative to a traditional initial public offering that has only been deployed a handful of times. While Slack Technologies Inc., Palantir Technologies Inc. and most recently Roblox Corp. all listed on the New York Stock Exchange, Coinbase picked the younger bourse known
Emerging Markets Brace for Rate Hikes With Debt at Records
(Bloomberg) — Alarm bells are starting to ring across emerging markets as countries brace for a new era of rising interest rates.After an unprecedented period of rate cuts to prop up economies shattered by Covid-19, Brazil is expected to raise rates this week and Nigeria and South Africa could follow soon, according to Bloomberg Economics. Russia is considering tightening monetary policy sooner than previously signaled, said a person with knowledge of its central bank’s discussions. Behind the shift: Renewed optimism in the outlook for the world economy amid greater
Anyone who cares about press freedoms and the future of journalism should be sparing with their sighs of relief since Trump was removed from power. This is not just because President Joe Biden has chosen to continue Trump’s project of seeking Julian Assange’s extradition to the United States — though of course, that is easily the greatest threat to the First Amendment under either Trump or almost any modern president before that.
Rather, the sad fact is the Fourth Estate revered in liberal thinking continues to be threatened by something unrelated to whether a Democrat or Republican happens to sit
The White House said Saturday it has accepted the resignation of a staffer who allegedly threatened to “destroy” a reporter who was asking about his personal life.
White House Deputy Spokesman TJ Ducklo was originally suspended for one week without pay, but now the administration of President Joe Biden has accepted his resignation, White House Press Secretary Jen Psaki said in a statement.
According to Vanity Fair magazine, Ducklo called Politico reporter Tara Palmeri after she began asking questions about his months-old personal relationship with a reporter from Politico rival Axios, Alexi McCammond.
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