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Top Coingape News

Fed’s Powell suggests tightening program could end soon, offers no guidance on rates — JIM WATSON/AFP via Getty Images via Getty Images

Federal Reserve · Washington

Fed’s Powell suggests tightening program could end soon, offers no guidance on rates

59% Center coverage: 80 sources

Federal Reserve Chair Jerome Powell on Tuesday suggested the central bank is nearing a point where it will stop reducing the size of its bond holdings, but gave no long-run indication of where interest rates are heading. See the Story

DOJ seizes $15 billion in bitcoin from massive ‘pig butchering’ scam based in Cambodia — REUTERS / ixx511

Department of Justice · United States

DOJ seizes $15 billion in bitcoin from massive ‘pig butchering’ scam based in Cambodia

47% Center coverage: 53 sources

The Department of Justice has seized about $15 billion worth of bitcoin held in cryptocurrency wallets owned by a man who oversaw a massive “pig butchering” fraud operation based in Cambodia, prosecutors said Tuesday.See the Story

Powell: Fed has ‘no risk-free path’ as unemployment, inflation rise — REUTERS / ixx511

Jerome Powell · United States

Powell: Fed has ‘no risk-free path’ as unemployment, inflation rise

91% Center coverage: 11 sources

Federal Reserve Chair Jerome Powell warned Tuesday that the U.S. economy faces serious threats regardless of the approach the central bank takes to bringing down interest rates. See the Story

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