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Cook: Perspectives on Tokenization and Implications for the Financial System
I am happy to have the opportunity to return to and to speak in Dakar. Not far from here, I began my unexpected journey into the economics profession.1 As a graduate student at l'Université Cheikh Anta Diop de Dakar, I came to study philosophy and to write a thesis in African philosophy. However, I immediately started posing questions that became foundational in my conversion to economics, which would help provide the framework and skills to respond to these questions. Among them were the following: Why did a ballpoint pen that cost $0.10, at that time, in the United States cost the equivalent of $10 in Senegal? Why ... (full story)
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From abcnews.com|May 8, 2026A jobs report to be released on Friday will provide a key gauge of the U.S. economy as a sharp rise in fuel prices hammered shoppers weeks into the war with Iran. The fresh data, ...
From stocktwits.com|May 8, 2026The cryptocurrency market fell in early-morning trade on Friday, with Bitcoin (BTC) and Ethereum (ETH) losing key support levels, after the U.S. and Iran exchanged military ...
From @financialjuice|May 8, 2026|5 commentsIran's state-run IRNA: Seized tanker was carrying Iranian oil
Iranian army detains oil tanker for ‘violations,’ Tasnim reports The Iranian army seized an oil tanker for “attempting to disrupt oil exports and the interests of the Iranian nation,” the semi-official Tasnim news agency reported. “Naval commandos of the Islamic Republic of Iran Army, during a special operation, detained the violating oil tanker Ocean Koi,” Tasnim said. The agency published a video that appeared to show at least two small boats approaching a ship under darkness and armed men boarding the vessel and raising the Iranian flag. The report didn’t say where or when the seizure took place
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From bls.gov|May 8, 2026|110 commentsTotal nonfarm payroll employment edged up by 115,000 in April, and the unemployment rate was unchanged at 4.3 percent, the U.S. Bureau of Labor Statistics reported today. Job ...
From statcan.gc.ca|May 8, 2026|2 commentsEmployment was little changed in April (-18,000; -0.1%) and the employment rate fell 0.1 percentage points to 60.5%. The unemployment rate increased by 0.2 percentage points to ...
From cnbc.com|May 8, 2026|2 commentsEarly results from local council elections pointed to big losses for the U.K.’s ruling Labour Party on Friday, raising questions about Keir Starmer’s future as prime minister. ...
