South Korea bans Crypto, Ethereum hit an all time high. MoneyGram and Ripple team up. Arizona considers letting residents pay taxes with digital currency. John Detrixhe, future of finance reporter at Quartz weighs in on all the latest headlines.
South Korea is planning to put a ban on trading virtual currency in the nation. The new causing Bitcoin to drop.
A new bill submitted to the Arizona Senate could allow people to pay taxes with crypto. The bill, introduced Tuesday, has been referred to the Arizona Senate Rules Committee for further deliberation. A similar effort was undertaken in New Hampshire in 2016. But concern over bitcoin's volatile price ultimately led to the bill's failure.
John Detrixhe, future of finance reporter at Quartz takes a look at the top hubs for cryptocurrency. Including Moscow, Silicon Valley, New York and London.
Where you live can dictate how much you pay for housing. Danielle Hale, chief economist with Realtor.com, joined Cheddar News to discuss where the hottest markets for real estate are and how you can find a home in a current difficult market.
Financial stress can take a mental toll on people. Dr. Regine Muradian, clinical psychologist and member of the National Debt Relief Financial Wellness Board, joined Cheddar News to discuss strategies to ease those worries over money.
The continued resilience of the U.S. economy could require further interest rate increases, Federal Reserve Chair Jerome Powell said Friday in a closely watched speech that also highlighted the uncertain nature of the economic outlook.
As the Federal Reserve prepares to hold its annual economic conference in Jackson Hole on Friday and Saturday, its policymakers are trying to guide the U.S. economy toward something akin to what's happening in Jackson Hole.
