By Marianna Parraga Feb 2 (Reuters) – Venezuela’s oil exports rose to about 800,000 barrels per day (bpd) in January, from 498,000 bpd in December, following the U.S. capture of Nicolas Maduro and the end of an oil embargo that left traders carrying most exports, shipping data showed. Washington imposed an oil embargo on the … Read more
Brian Moynihan made a dire warning about stablecoins. During a January 15 earnings call, the CEO of Bank of America told analysts that as much as $6 trillion in deposits could migrate from the US banking system to stablecoins, roughly 30% to 35% of total US commercial bank deposits. Moynihan attributed the projection to US … Read more
The settlement with Northwestern was the second-highest payout since the Trump administration began investigating anti-Semitism at academic institutions, according to the New York Times. Northwestern University will pay $75 million over the next three years to the US Treasury Department, which will close investigations into campus antisemitism, the institution announced on Friday. The institution’s payment … Read more