(Bloomberg) The Chinese banking and insurance regulators are tightening regulations on the insurance technology platforms, a move that has annoyed global investors. The regulator has ordered firms and local agencies…
(Bureau of Labor Statistics) Real average hourly earnings for US employees fell by 0.1% from June to July. The decline reflects a 0.4% surge in average hourly earnings, combined with…
(Bloomberg) The U.S. Senate Democrats passed a $3.5 trillion budget framework touching on the environment, poverty eradication, and the welfare of elderly Americans. The resolution unveils measures to achieve 80%…
(Bureau of Labor Statistics) US Consumer Price Index rose by 0.5% in July, the same as expected, after a 0.9% uptick in June. The food index rose by 0.7% in…
(Wix.com) Wix reported a net income of $37 million in the second quarter, compared to a loss of $57.7 million in the same period last year amid positive business traction. …
(Unity) Unity Software Inc. recorded a revenue of $273.6 million revenue in the second quarter, up 48% year over year. Unity’s loss from operations widened to $149.2 million, or 55%…
(Bloomberg) The U.S.’s $550 billion infrastructure bill that will see the biggest public expenditure in decades passed by the Senate now awaits clearance by the legislature. President Joe Biden said…
(Coinbase) Coinbase Global Inc. reported a net income of $1.6 billion in the second quarter, a jump from $32 million in the same quarter of 2020. The company, which operates…
(Business Insider) The London hard fork upgrade saw holdings of ether and ether-related products rise to the highest since May. CoinShare’s data shows that Ether products under management were 12,651,…
(EIA) US Energy Information Administration sees heightened levels of uncertainty on demand for global liquid fuels following ongoing recoveries from Covid-19. EIA says Brent crude oil averaged a price of…
(CNBC) A credit card feature launched by PayPal-backed Venmo on Tuesday will allow users to convert their cash-back rewards into crypto assets. The credit card feature by Venmo is part…
(Reuters) Planemaker Boeing delivered 28 airplanes to its customers in July, with the revival of domestic travel, with 787 inventories still on hold for a fourth month due to defects.…