Carlos Abiassaf

The Federal Open Market Committee (FOMC) met on June 14-15, 2023, and decided to leave the federal funds target rate unchanged at a range of 5.0% to 5.25%. This was the first time since March 2022 that the FOMC had not raised interest rates at a meeting. The

BlackRock, the world's largest asset manager, applied on June 15, 2023, to register a spot Bitcoin exchange-traded fund (ETF) with the United States Securities and Exchange Commission (SEC). If approved, BlackRock's iShares Bitcoin Trust would be the first spot Bitcoin ETF in the United States. Spot

The Securities and Exchanges Commission (SEC) sued on Monday the biggest Crypto exchange in the world Binance and Its CEO Changpeng Zhao over different counts of infractions of securities laws, money laundering, and other financial crimes. The second day on Tuesday the SEC sued Coinbase the biggest U.S-based exchanges

What is the US debt and what is the debt ceilling? The US governmental debt is the total amount of money that the US government owes to its creditors. As of March 8, 2023, the US governmental debt was $31.46 trillion. This is the highest level of debt in

Federal Reserve Chair Jerome Powell said on Friday that the central bank is still committed to raising interest rates until inflation comes down, but that it is also aware of the risks to the economy. "We are strongly committed to returning inflation to our 2% objective," Powell said