US files a complaint seeking the forfeiture of over $1.7 million worth of cryptocurrency seized by FBI

As most Zero Hedge readers already know, there’s been mounting controversy over the Federal Reserve’s decision to hold interest rates where they are as the rest of the world lowers rates, with some critics alleging that Chair Jerome Powell is intentionally keeping policy tight as political retaliation against Donald Trump. Since Trump’s presidency and into ...

Australian crypto entrepreneur Kain Warwick has sold his four-story West Village “glass box” penthouse at 601 Washington — with a plunge pool and a rooftop hot tub — for $29 million, according to property records. Warwick is taking a hit on the splashy spread, which he bought as a pied-à-terre for $30.65 million in 2021. The residence was asking $36.5 ...

The number of job openings was little changed at 7.4 million in June, the U.S. Bureau of Labor Statistics reported today. Over the month, both hires and total separations were little changed at 5.2 million and 5.1 million, respectively. Within separations, quits (3.1 million) were little changed while layoffs and discharges (1.6 million) were unchanged. This release includes estimates of the number and rate of job openings, hires, and separations for the total nonfarm sector, by industry, and by establishment size class. Job openings include all positions that are open on the last business day of the month. Hires and separations include all changes to the payroll during the entire month. Job Openings The number and rate of job openings were little changed at 7.4 million and 4.4 percent, respectively, in June. The number of job openings decreased in accommodation and food services (-308,000), health care and social assistance (-244,000), and finance and insurance (-142,000). The number of job openings increased in retail trade (+190,000), information (+67,000), and state and local government education (+61,000). (See table 1.) Hires In June, the number and rate of hires were little changed at 5.2 million and 3.3 percent, respectively. The number of hires decreased in arts, e - Prior month revised to 7.712m from 7.769m - Job openings rate was 4.4% in June vs 4.6% prior - 3.142m people quit a job in June vs 3.27m prior - Quits rate at 2% vs 2% - 1.604m workers were fired or laid off in June vs 1.611m prior - Layoffs and discharges rate at 1% vs 1%