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Federal Reserve Bank of Richmond President Thomas Barkin said he expects high interest rates to slow the economy further and cool inflation to the central bank’s 2% target. Barkin, who votes on monetary policy this year, said Monday the strength of the labor market offers the Fed time to gain confidence that inflation is moving sustainably lower before ...
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A Bitcoin address with a decade of inactivity has been activated with the transfer of 687 BTC ($43.9 million) to two different wallets on May 6. The Bitcoin address dates back to the era when Satoshi Nakamoto, the purported inventor of Bitcoin, was still active has woken up after 10 years. The Bitcoin wallet first transferred 625.43 Bitcoin to an address ...