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U.S. to limit foreign ownership of land near military sites

Foreign citizens and companies will need US government approval to buy property within 100 miles (160 kilometers) of eight military bases, under a proposed rule change that follows a Chinese company's attempt to build a factory near an air…

U.S. officials assessing possible ‘manipulation’ on banking shares – source

breadcrumb links PMN Business Article author: Reuters Chris Prentice and Trevor Honeycutt Posted May 4, 2023 • 2 minutes to read Article content NEW YORK -- U.S. federal and state officials are…

FX Play of the Day: U.S. Dollar’s Channel Support Ahead of the FOMC Statement

Weak US data and banking tensions excited USD bears earlier this week! In case you missed it, the US dollar gave up most of its gains for the week after a report showed that US layoffs are growing to the highest levels since 2000 while…

Coinbase Introduces International Exchange In Bid To Expand Beyond U.S. Markets

America's largest cryptocurrency exchange is now offering perpetual futures contracts to residents of eligible jurisdictions.Cryptocurrency exchange Coinbase has launched the “Coinbase International Exchange,” a move that reinforces the…

Euro dips below $1.10 after euro zone data, eyes turn to U.S. By Reuters

2/2 © Reuters. FILE PHOTO: Banknotes of the Japanese yen and the US dollar are shown in this illustration taken on March 10, 2023. REUTERS/Dado Ruvik/Illustration 2/2 Written by Kevin Buckland and Elon John TOKYO/LONDON (Reuters) -…

U.S. cannabis sales to hit $71B in 2030 even without federal reforms

Kazyaka/iStock via Getty Images Cannabis analytics firm New Frontier Data sees brighter days for the US cannabis industry, projecting $71 billion in legal marijuana sales in 2030 if the current trend of state legalization continues even…

Arm confidentially files for U.S. initial public offering

Sundry Photography/iStock Editorial via Getty Images Chip designer Arm (ARMHF) said it had secretly submitted a draft registration statement to the US Securities and Exchange Commission for an initial public offering. The size and price…

If U.S. defaults on debt Bitcoin could rise nearly 70%, says Standard Chartered analyst

Bitcoin bulls have had a good year so far. If the US defaults on its debt, it could get better, at least in terms of its investment in bitcoin. This is according to Jeff Kendrick, Head of Digital Asset Research at Standard Chartered.…

Dollar weakens ahead of U.S. GDP release By Investing.com

© Reuters. Investing.com - The US dollar weakened in early European trade on Thursday ahead of the release of key US growth data, amid concerns about banking contagion risks, a slowing economy and a debt ceiling standoff. At 03:15…