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US consumer prices rose at a more moderate pace in August, in a sign that inflationary pressures associated with the economic reopening from Covid-19 lockdowns are easing slightly while remaining near a 13-year high. The consumer price index published by the Bureau of Labor Statistics on Tuesday rose 5.3 per cent in August from a
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The US Securities and Exchange Commission has warned that it will sue Coinbase if it launches a new digital asset lending product, and also issued subpoenas to the cryptocurrency trading platform to provide it with more information, according to executives. Paul Grewal, Coinbase’s chief legal officer, said in a blog post that the company, which
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Fighting is raging in Afghanistan’s isolated Panjshir Valley, the last stronghold of resistance to the Taliban, as the Islamist group maintains a military offensive to pacify the last territory holding out against its rule. Amrullah Saleh, vice-president of the former government of Ashraf Ghani, warned of an “overwhelming humanitarian crisis” and pleaded for international relief
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