Maduro Puts Key Allies in Oil, Interior Ministries After Vote
(Bloomberg) -- President Nicolás Maduro appointed Delcy Rodríguez as Venezuela’s new oil minister and put Diosdado Cabello in charge of the joint interior and justice ministry, promoting key allies after a disputed election. Most Read from BloombergNazi Bunker’s Leafy Makeover Turns Ugly Past Into Urban EyecatcherChicago Overcomes DNC Skeptics With Calm, Parties and SunHow the Cortiços of São Paulo Helped Shelter South America’s Largest CityThe move also sees Hector Obregón step in as the new he
Chicago and NY Fed directors favored discount rate cut in July
(Reuters) -Members of the boards of directors overseeing the Chicago and New York Federal Reserve banks voted in favor of lowering by a quarter percentage point the central bank’s discount rate during July, according to meeting minutes released on Tuesday. The Fed said in a press release that while 10 of the 12 regional Fed banks wanted to maintain the discount rate at 5.5% in votes taken last month, the Chicago and New York Fed directors wanted that borrowing rate to move down to 5.25%.
Bitcoin Slides Below $62K as Consolidation Drags on, but Traders Eye Possible Parabolic Rally
More than five months of sideways price action is testing investors' patience, but similar low-volatility episodes led to break-outs to new record prices, one observer noted.
Blockchain Data Warehouse Space and Time Raises $20M Series A to Accelerate Development of AI Tools
The funding round, which brings Space and Time's total backing to $50 million, was led by Framework Ventures, Lightspeed Faction, Arrington Capital and Hivemind Capital
Trump Unlikely to Drop Out of ABC Debate With Harris Despite Threats: Polymarket Traders
The mics probably won't be muted, traders on the crypto-based prediction market platform are signaling.