During testimony before the Senate Banking and Urban Affairs Committee on Tuesday, U.S. Treasury Secretary Janet Yellen said the depegging of UST reveals the risks to financial stability and the need for a regulatory framework on stablecoins. CoinDesk's Nikhilesh De discusses Yellen's comments and the outlook for stablecoin regulation.
Henry's finance minister, Patrick Boisvert, will lead as interim prime minister, according to the nation's official gazette. In a letter dated Wednesday but uploaded to social media on Thursday, Henry said his administration had "served the nation in difficult times." Haiti's outgoing government formalized a transition process two weeks ago, a month after Henry announced his resignation while stranded outside the country as alliances of heavily armed gangs threatened to completely take over the capital.
Alphabet stock has gained about 15% this year — but even tech's winners face high expectations from investors this earnings season.
College campuses across the United States braced for fresh protests by pro-Palestinian students Thursday, extending a week of increasingly confrontational standoffs with police, mass arrests and accusations of anti-Semitism.At Emerson College in Boston, local media reported that classes were cancelled Thursday after police clashed with protesters around 2 am, tearing down a pro-Palestinian encampment and arresting 108 people.
Pro-Palestinian protests and encampments are springing up at numerous colleges, leading to arrests and heightened security concerns. Here’s what's happening.
A crew of three astronauts from China's Shenzhou-18 mission took off on a rocket bound for the Tiangong space station Thursday, the latest mission in Beijing's space programme that aims to send astronauts to the Moon by 2030.Beijing also aims to send a crewed mission to the Moon by 2030, and plans to build a base on the lunar surface.
France and the Philippines will begin talks next month on a defense pact that would allow troops from each country to hold exercises in the other’s territory, the French ambassador said Thursday. French and Philippine officials will meet in Paris next month for talks on a visiting forces agreement, French Ambassador to the Philippines Marie Fontanel said. "We will have an opportunity in May to maybe start officially the negotiations or, at least, discuss the modalities,” Fontanel said at a news conference with French Ambassador to the Indo-Pacific Marc Abensour.
New York's highest court on Thursday overturned disgraced Hollywood producer Harvey Weinstein's 2020 conviction on sex crime charges, a shock reversal in the landmark case that launched the #MeToo movement.Bombshell allegations broke against the Academy Award winning producer in 2017, launching the #MeToo movement and paving the way for hundreds of women to fight back against sexual violence in the workplace.
Walgreens is launching new services and consolidating specialty services to compete in the pharmacy benefits management (PBM) space.
The Biden campaign claims the Democratic incumbent will be on the ballot in all 50 states but there are still some technical hiccups to work out.
Chandra X-Ray Observatory is in trouble. Losing it could set the field back decades.
Intel will report its first quarter earnings after the bell on Thursday, as investors look for signs of growth in the company's AI and foundry segments.
The project, part of China's efforts to provide home-grown alternatives to Nvidia's AI chips, started last year and includes Fujian Jinhua Integrated Circuit, a memory chip maker under U.S. sanctions along with Huawei, according to the report. The group also relies on other Chinese chip producers and packaging technology developers and it will work to tailor its memory chips to Huawei-designed AI processor chips and supporting motherboard components, the report said.
Kenya's military was deployed on Thursday to rescue victims of heavy rains that have killed dozens of people across East Africa over the past month. At least 45 people have died in the floods in Kenya since March, including 10 since Monday, the Kenya Red Cross said. Large parts of the capital Nairobi and other major towns are underwater, forcing thousands of residents to leave their homes.
BPA and phthalates are everywhere. A new test can reveal how much of both are in your body.
Congo ’s government is questioning Apple about the tech company’s knowledge of “blood minerals” from a conflict zone in the African country that could be smuggled into its supply chains and is demanding answers within three weeks. A group of international lawyers representing Congo said Thursday that they sent letters to Apple’s CEO Tim Cook and its French subsidiary this week, raising concerns about human rights violations involving the minerals extracted from mines in the country’s troubled east that might end up being used in the company’s products.
Belarusian leader Alexander Lukashenko said on Thursday his country was facing grave threats internally and externally that had required it to change its security posture and allow Russia to deploy dozens of tactical nuclear weapons on its territory. Lukashenko alleged, without providing evidence, that the Belarus opposition planned to seize a district in the west of the country and request support from NATO troops - an assertion dismissed by the opposition as ludicrous. Addressing the same meeting, Ivan Tertel, head of Belarus's KGB security service, said his operatives had thwarted strikes on the capital Minsk by drones launched from NATO-member Lithuania, which denied mounting any such attack.
The first cargo ship passed through a newly opened deep-water channel in Baltimore on Thursday after being stuck in the harbor since the Francis Scott Key Bridge collapsed four weeks ago. It passed slowly by the wreckage of the bridge and the Dali, the massive container ship that caused the collapse when it slammed into one of the bridge’s support columns.
The New York Court of Appeals on Thursday overturned the sex crimes conviction against Harvey Weinstein, the powerful Hollywood producer whose downfall stood as a symbol of the #MeToo movement.
Police arrested demonstrators at universities in Massachusetts, Texas and California as protests against the war in Gaza spread to more U.S. colleges.
Italy’s canal city has begun charging a 5 euro entry fee for people visiting for the day, the world’s first such measure to tackle chronic overtourism at peak times.
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