government policy
- Market
FDA panel recommends Pfizer’s COVID-19 booster for 65 and older, but not for the general public
A group of advisors to the Food and Drug Administration on Friday reframed a proposed approval of BioNTech and Pfizer’s…
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FDA committee votes against approving BioNTech and Pfizer’s COVID-19 booster
A group of advisors to the Food and Drug Administration said Friday the regulator should not allow Americans to get…
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WHO warns lack of COVID-19 vaccine supply in Africa could make it breeding ground for new variants and ‘send the whole world back to square one’
The World Health Organization made another urgent plea to developed nations to make a greater effort to get vaccines against…
Read More » - Finance
Five things in crypto this week: Binance, NFTs and the Walmart hoax
In another busy week for cryptocurrencies, Binance, dogecoin and non-fungible tokens took the spotlight. As regulators continue to clamp down…
Read More » - Finance
Coinbase applies to join crypto futures market
Cryptocurrency exchange Coinbase has filed an application to be approved as a futures provider, as it seeks to join the…
Read More » - Finance
Monzo launches buy now, pay later product in Klarna rivalry
Digital bank Monzo has launched its own buy-now-pay-later tool, entering the nascent credit market as rivals such as Klarna fall…
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Scientists continue to say there isn’t enough evidence to support giving COVID-19 boosters to all Americans
The U.S. is days away from President Joe Biden’s target date to begin rolling out COVID-19 booster shots to Americans…
Read More » - Finance
Why regulators must open up their data to the City
Opening up regulatory data to the public sounds radical, doesn’t it? But there are strong precedents that show it’s technically…
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U.S. passes grim milestone as 1 person in every 500 has now died of COVID, as a debate about the need for booster shots heats up
The U.S. passed another grim milestone in the coronavirus pandemic on Thursday, when the number of fatalities from COVID-19 passed…
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Job hunters are putting their vaccination status on LinkedIn and résumés. Should you do the same?
As someone who’s been working in the recruiting and talent acquisition industry for two decades, Dustin Mazanowski knows how important…
Read More » - Finance
Binance CEO eyes restructure to quell regulators’ concerns
Cryptocurrency exchange Binance is to restructure itself around a single centralised business, after regulators voiced concerns that they could not…
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Here’s why the SEC could take aim at stablecoins
The country’s top securities cop is talking tougher on cryptos, especially stablecoins, “staking,” and lending services. Democrats, meanwhile, appear keen…
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UK crackdown on risky trading threatens meme-stock platforms ‘constantly tempting consumers’
The FCA is tightening its grip on high-risk investments in a move experts fear could hit trading platforms offering people on…
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FCA set to lift salary freeze as staff push back over pay cuts
The UK’s Financial Conduct Authority is planning to end restrictions on pay rises for its roughly 4,200 employees next year,…
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SEC’s crypto regulation lacks clarity, lawmakers claim, as Gensler hits back at criticism
Securities and Exchange Commission chairman Gary Gensler defended the agency’s approach to enforcing securities laws against companies that deal in…
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House Democrats want tax hikes that are ‘a little less aggressive’ than those proposed by President Biden
Democrats want wealthy Americans and corporations to pay higher taxes in order to help finance a $3.5 trillion budget that…
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BoE’s Bailey ‘sceptical’ big tech could be regulated like banks in digital currency race
Bank of England governor Andrew Bailey has raised the prospect of Threadneedle Street creating its own digital currency amid fears…
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Biden seeks to get 70% of world vaccinated within a year, as unvaccinated Americans continue to account for most COVID cases and deaths
The global tally of confirmed cases of the coronavirus-borne illness COVID-19 surpassed 225 million on Tuesday, as President Joe Biden…
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MPs blast ‘Wild West’ insolvency industry in damning report
A cross-party group of MPs has blasted the UK’s “Wild West” insolvency industry, which they say suffers from widespread structural…
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Biden to announce new pandemic steps ahead of U.N. meeting Tuesday, as global COVID-19 case tally nears 225 million
The global tally of confirmed cases of the coronavirus-borne illness COVID-19 climbed closer to 225 million on Monday, with the…
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House Democrats set to propose increase in corporate tax rate to 26.5%
House Democrats expect to propose raising the corporate tax rate to 26.5% from 21% and imposing a 3-percentage-point surtax on…
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Epic Games appeals ruling that Apple’s App Store is not a monopoly
Epic Games filed notice that is appealing a federal judge’s decision in a lawsuit alleging that Apple has been running…
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Number of children and teens with COVID-19 exceeds 250,000 for first time since start of pandemic, as mask and vaccination fights continue
The number of children and teens suffering from the coronavirus-borne illness COVID-19 exceeded 250,000 for the first time since the…
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FCA urged to show it is listening to staff amid confusion over planned reforms
The Financial Conduct Authority’s board has warned the regulator that it must demonstrate it is “seeking to understand the concerns of staff”,…
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SEC threatens Coinbase with lawsuit over lending program
Coinbase said Wednesday that a US regulator intends to sue it in court if it launches a planned program letting…
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Leaked FCA memo shows bosses seek to quell staff outcry as morale slumps to ‘all-time low’
Bosses at the UK’s Financial Conduct Authority are set to hold weekly morale-boosting meetings with employees, after its latest staff…
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Is it the regulator’s job to name and shame ‘dog funds’?
Asset managers breathed a collective sigh of relief in July when they took a look at the Financial Conduct Authority’s…
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U.S. COVID-19 case tally tops 40 million, and hospitalizations over Labor Day holiday were more than double last year’s
The global tally of confirmed cases of the coronavirus-borne illness COVID-19 climbed above 221 million on Tuesday, with the U.S.…
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Regulators’ crypto dilemma laid bare as El Salvador banks on bitcoin
The question of what regulators should do about cryptocurrencies is only becoming more complicated, as one small central American nation…
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Why we need a crypto regulator
The world’s most powerful regulatory bodies, including those in the US and the UK, have been publicly grappling with how…
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Lower taxes for banks to keep UK competitive, TheCityUK says
The UK government should reduce the overall tax burden on its banks, as well as bolster fintech and future growth…
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BlackRock, abrdn plus 123 others make the cut for tough ESG code, firms with £12tn AUM fail
A third of asset managers and other groups that applied to become signatories to a tough governance code for investors…
Read More » - Entrepreneurs
The Growth of Sustainable Investing
September 5, 2021 5 min read Opinions expressed by Entrepreneur contributors are their own. There has been tremendous growth in…
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Fauci says mu variant isn’t an ‘immediate threat’ to U.S. as delta remains dominant coronavirus strain
The new “variant of concern” of the coronavirus that causes COVID-19 added to the list being monitored by the World…
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FCA employees fear bonus cuts could be worse than predicted
Concerns are mounting amongst Financial Conduct Authority staff that the vast majority of the regulator’s workforce will see their pay cut under…
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FCA staff fight to unionise over bonus cuts as past attempts ‘shot down in flames’
Staff at the Financial Conduct Authority are fighting to form a union over plans to cut pay and perks at…
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FCA staff asked to return to office once a week from November
The Financial Conduct Authority’s London-based employees have been asked to return to the regulator’s London office for at least one…
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Biden says Ida, wildfires show ‘climate crisis’ has struck
WASHINGTON — President Joe Biden on Thursday pledged robust federal help for the Northeastern and Gulf states battered by Hurricane…
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Watchdog accuses KPMG of providing false information during Carillion, Regenersis audit inspections
The UK’s accounting regulator has hit KPMG, a former partner and certain current and former employees, with a disciplinary formal complaint…
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European regulator sees ‘no urgent need’ for COVID-19 boosters, aligning with WHO view and not the U.S.
The European Medicines Agency said Thursday that there is no “urgent need” for COVID-19 booster shots for fully vaccinated people…
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Republican Liz Cheney gets No. 2 spot on House select committee probing pro-Trump Capitol siege
WASHINGTON (AP) — Select Committee Chairman Bennie Thompson of Mississippi has promoted Republican Rep. Liz Cheney to vice chairwoman of…
Read More » - Finance
DWS greenwashing probes shift fund industry into high alert
Asset managers are on high alert following probes by US and German financial regulators into the sustainable investment claims from…
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BitConnect and founder Satish Kumbhani under regulatory fire over alleged crypto scam
The Securities and Exchange Commission accused BitConnect and its founder, Satish Kumbhani, of a $2bn fraud that misused bitcoin raised…
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COVID-19 booster shots are more complicated than they appear. Here’s why
Not everyone agrees that COVID-19 booster shots are necessary for all vaccinated Americans, and that discord may slow down plans…
Read More » - Finance
Esma issues warning on crypto’s ‘soaring’ environmental cost
The European Union’s top markets regulator has issued a warning on rising environmental damage from investing in digital currencies. In its latest…
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Social Security to become unable to pay full benefits sooner than previously estimated
Social Security’s trust funds will become unable to pay full benefits starting in 2034, one year earlier than estimated last…
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Vaccine hesitancy falls to lowest level since start of coronavirus pandemic in new poll, but more Americans still need to be persuaded
Fewer American adults than ever say they will not get vaccinated against the coronavirus that causes COVID-19, and more than…
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U.S. Education Department opens civil-rights probe of school face-mask bans in latest clash between Republican governors and Biden administration
The U.S. Education Department has opened civil-rights investigations of five states that have banned school districts from mandating face masks…
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Watchdogs crack down on inaccurate disclosures amid cybersecurity debates
Companies must pay closer attention to what they say after hackers strike, lawyers warn, as regulators crack down on inaccurate…
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White House says U.S. retains capacity to evacuate remaining Americans in Afghanistan
WASHINGTON (AP) — The U.S. military flew more desperate evacuees out of the Afghan capital on Monday in the waning…
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