Author: iannouncethis.com

In 1790 America’s finances were in a precarious state: debt-servicing costs were higher than revenues and government bonds traded at 20 cents on the dollar. Alexander Hamilton, the country’s first treasury secretary, wanted a deep and liquid market for safe government debt. He understood the importance of investor confidence, so proposed honouring all debts, including those of states, and offering to swap old debt, at par, for new bonds with a lower interest rate. This was controversial. Shouldn’t speculators who picked up cheap debt in secondary markets be paid less? Yet Hamilton could not be swayed: “When the credit of…

TON is set to receive a $20,000 grant from KuCoin’s investment arm to support the exchange’s efforts at building GameFi and payment-based mini apps. KuCoin Ventures, the investment arm of Seychelles-based crypto exchange KuCoin, has announced a partnership with The Open Network (TON) Foundation. The exchange platform’s investment arm plans to award a grant of $20,000 to help fortify and expand the TON ecosystem. This collaboration signals a significant milestone in encouraging relationships between exchanges and public blockchain networks. This joint initiative is to champion the advancement of five TON-based mini-apps, primarily focusing on revolutionizing payment systems and pioneering innovative GameFi platforms…

Manchester and Liverpool’s creative and digital sectors are predicted to see growth of more than 10% within the next five years – making the regions an increasingly attractive region for people to live, two reports by global commercial real estate firm Avison Young found. While Liverpool’s creative, digital and technology ecosystem continues to build, having doubled in size since 2012, Manchester has seen a 79% increase in creative and digital employment within the last ten years. Now new waves of both commercial and residential developments will be required to match the potential growth of these sectors. Stephen Cowperthwaite, regional managing…

Amazon.com Inc. AMZN, +0.64% said Friday it has hired Elon Musk’s SpaceX for three Falcon 9 rocket launches to support deployment plans for Project Kuiper, Amazon’s low Earth orbit satellite broadband network. The deal, the first between the companies, is considered a surprise since the Kuiper system is likely to compete with SpaceX’s Starlink in the satellite broadband market. Amazon previously ordered launches from three of SpaceX’s top rocket rivals, including Jeff Bezos’ Blue Origin. Amazon declined to comment on terms of the new deal with SpaceX. Source link

The proper role of government in a capitalist economic system has been hotly debated for centuries. Unlike socialism, communism, or fascism, capitalist theory does not assume that a centralized public authority has any role. Yet nearly all economic thinkers and policymakers argue in favor of some level of government influence in the economy of the nation. Key Takeaways In a capitalist economy, trade and industry are driven by private owners and individuals rather than the government.The production of goods and services is driven by the forces of supply and demand rather than government-mandated.Most proponents of capitalism, from libertarians to Keynesians,…

More and more central banks around the world are in the early stages of creating digital currencies. Federal Reserve Chairman Jerome Powell told the House Financial Services Committee in March that the Fed had already begun testing a digital dollar. Powell told the House Financial Services Committee, “We’re not at the stage of making any real decisions. What we’re doing is experimenting in kind of early-stage experimentation. How would this work? Does it work? What’s the best technology? What’s the most efficient really at an early stage on? But we’re making progress on sort of technological issues.” Just like paper…

Love Employee/iStock via Getty Images Topline Summary Immix Biopharma (NASDAQ:IMMX) is a biotech company focused on development of novel CAR-T and other cell-based therapies for cancers and heme disorders. They are joining a growing group of companies using natural killer cell-based immunotherapy, which remains promising but unproven. Still, IMMX has a bit more data than some of the other companies, giving us a better look (though still early) of what the future might hold. This presents an opportunity that sides a bit closer to actionable than some of their peers, in my opinion. Pipeline Overview NXC-201 The most advanced project…

Bitcoin’s Social Dominance jumped after a speech from FOMC chair Jerome Powell. A drop in the interest rate could drive up the price of all cryptocurrencies. In a statement released by the FOMC on the 1st of December, the committee chair reported that the core inflation rate remained at around 2.5%. This inflation rate followed a rise to around 3.5% caused by the disruptions caused by the COVID-19 pandemic. Notably, the chair attributed this surge to increased demand coupled with a decline in supply. Although the chair did not explicitly state it, there is a suggestion that the Federal Reserve…

While a quarter of over-55s wouldn’t make any green home improvements if they have the option, the vast majority of young people are keen on going green. Some 98% of 18-34-year-olds said that they would make changes if they had the finances to do so, research from Coventry for Intermediaries shows. Jonathan Stinton, head of intermediary relationships at Coventry for intermediaries, said: “Our Beyond the bricks report has highlighted that brokers have an excellent opportunity to engage with younger buyers who are hoping to reduce the price of energy bills in the current cost of living crisis. “Brokers who are looking to win new…

Amazon.com Inc. AMZN, +0.64% said Friday it has hired Elon Musk’s SpaceX for three Falcon 9 rocket launches to support deployment plans for Project Kuiper, Amazon’s low Earth orbit satellite broadband network. The deal, the first between the companies, is considered a surprise since the Kuiper system is likely to compete with SpaceX’s Starlink in the satellite broadband market. Amazon previously ordered launches from three of SpaceX’s top rocket rivals, including Jeff Bezos’ Blue Origin. Amazon declined to comment on terms of the new deal with SpaceX. Source link