US defence secretary Lloyd Austin accused China of stepping up coercive behaviour towards Taiwan as he stressed that Washington would maintain its military capacity to resist any force that threatened the country. Speaking at the IISS Shangri-La Dialogue defence forum in Singapore, Austin said China was engaging in provocative behaviour across the Indo-Pacific region that
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Automated market makers are a true public good in crypto, enabling genuinely decentralized trading 24/7 and supporting the wider DeFi ecosystems. But they’re not without a host of problems, writes digital economist and academic Christos A. Makridis. The decentralized finance (DeFi) market has surged since 2021, growing from just over $20 billion to nearly $160
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With Indiana revenue collections running $1 billion over estimates with just one month left in the fiscal year, Gov. Eric Holcomb proposed returning that amount from reserves to taxpayers through an automatic tax refund. Holcomb, a Republican, called for a special session to approve the proposal. “Hoosiers have real needs right now during this period
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US consumer price growth resumed its rapid rise in May, accelerating 1 per cent during the month as rising inflation in the services sector added urgency to the Federal Reserve’s plans to aggressively tighten monetary policy. The monthly rise in the consumer price index, published by the Bureau of Labor Statistics on Friday, was significantly
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The taxable municipal trading desk at Ramirez & Co. is expected to see continued growth and expansion with the recent arrival of veteran trader Hardy Manges, the firm said this week. A municipal trader with over 30 years experience, Manges is a senior vice president focusing on taxable municipal bonds, and located in the New York
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