A bitcoin mine near Kongyuxiang, Sichuan, China on August 12, 2016. Paul Ratje | The Washington Post | Getty Images GUANGZHOU, China — China’s Inner Mongolia region has proposed punishments for companies and individuals involved in digital currency mining as it looks to further crack down on the practice. The […]
CNBC News
Meme coins or digital gold? Blockchain analyst weighs in on where crypto markets are headed
The cryptocurrency space could branch out into three different markets — and people may even stop talking about crypto as a single entity one year on, predicted Paul Brody, global blockchain leader at EY. Bitcoin and ether have had a wild ride in recent weeks, with billions of dollars wiped […]
Manhattan DA convenes grand jury in Trump investigation, report says
WASHINGTON — Manhattan District Attorney Cyrus R. Vance Jr. has convened a grand jury in his wide-ranging investigation into former President Donald Trump, The Washington Post reported Tuesday, citing two sources familiar with the probe. Prosecutors have been investigating Trump, the Trump Organization and its officers since at least 2018. […]
Police do not support Texas’ ‘constitutional carry’ bill headed to Gov. Greg Abbott’s desk, Miami PD chief says
Miami Police Chief Art Acevedo stressed Tuesday that police departments across the nation do not support a Texas gun bill that would allow adults to carry a handgun without having a background check, license and training. “From chiefs to sheriffs to police labor, we do not support permit-less, open carry” […]
White House officials say China hasn’t been ‘completely transparent’ in Covid origin investigation
White House officials told reporters Tuesday that China hasn’t been “completely transparent” in the global investigation into the origins of Covid-19, and that a full investigation is needed to determine whether the virus that’s killed almost 3.5 million people came from nature or a lab. “We need to get to […]
Chinese bitcoin traders still wield ‘enormous influence’ despite Beijing’s 4-year crypto crackdown
In this photo illustration, the Bitcoin logo is seen on a mobile device with People’s Republic of China flag in the background. (Photo Illustration by t/SOPA Images/LightRocket via Getty Images) Budrul Chukrut | SOPA Images | LightRocket | Getty Images GUANGZHOU, China — Chinese bitcoin traders continue to thrive despite […]
Commerce secretary on boosting U.S. semiconductor production: ‘We’re going to get it done’
Commerce Secretary Gina Raimondo on Tuesday expressed confidence around the Biden administration’s efforts to increase semiconductor manufacturing in the U.S. In an interview on CNBC’s “Mad Money,” Raimondo said the global chip shortage that’s rattled a range of industries demonstrates the need for America to boost domestic production capacity and […]
Tesla is ditching radar, will rely on cameras for Autopilot in some cars
The interior of a Tesla Model S is shown in autopilot mode in San Francisco, California, U.S., April 7, 2016. Alexandria Sage | Reuters Tesla announced Tuesday that it is ditching radar in its driver-assistance features, including Autopilot. In a blog post, the company said its best-selling Model 3 and […]
Charts show Roblox, Take-Two and Activision Blizzard can run higher, Cramer says
Technical indicators show a trio of video game stocks — Roblox, Take-Two Interactive and Activision Blizzard — are well-suited to make runs to the upside even as the economy reopens from the pandemic, CNBC’s Jim Cramer said Tuesday. The “Mad Money” host’s analysis is based on charts from technician Bob […]
Uber CEO is ‘not happy’ with how long it’s taking to pick riders up or prices being charged
Uber Technologies CEO Dara Khosrowshahi outside the New York Stock Exchange ahead of the company’s IPO, May 10, 2019. Uber CEO Dara Khosrowshahi said Tuesday afternoon that while driver supply is getting better as more people get vaccinated against the coronavirus, there’s still plenty of room to go as demand […]