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Those might be temporary, just bridging the gap until there’s legislation or regulation, and then trying to grapple with some of those longer term issues around tokenization of securities, around what does it look like for a broker dealer or a trading platform that’s trying to have securities alongside non-securities. Some of those more difficult issues will take some time to grapple with, and we’re trying to do all of this in a way that involves the public. We want people to be able to come in and talk to us. We want to get their suggestions for how to…

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Employers are still hiring, though much uncertainty remainsGetty Images In some ways, the February jobs report does not look very unusual. Payrolls rose by 151,000, which is quite in line with expectations. The unemployment rate is 4.1%, well within the range it has been in for many months. But a closer look at the numbers suggests that the cuts in federal employment and among contractors/grantees under President Donald Trump are beginning to appear in the national labor market, as are the dampening effects of the chaos and uncertainty that they have created on consumer spending. Effects Of Cuts And Uncertainty…

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A month into his new role as health and human services secretary, Robert F. Kennedy Jr. is beginning to make his priorities for the country clear — and confirming some public health experts’ worst fears.Since Kennedy was sworn in Feb. 13, the agencies he leads have canceled or postponed meetings about flu shots and other vaccines and announced plans to investigate already debunked links between vaccines and autism. He has downplayed the importance of vaccination in the Texas measles outbreak while endorsing unproven remedies for the highly contagious disease.At the same time, Kennedy has begun to act on his long-standing concerns…

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TURIN: Pakistan’s special athletes continued their impressive run at the 12th Special Olympics World Winter Games as Afaq Khan bagged the third gold medal for Pakistan on Friday. In the 100-meter snowshoeing race, Pakistan’s Afaq struck gold, outpacing Ahmed Al-Jilani from the United Arab Emirates, who took silver and Mon­g­olia’s Amarbold Munkhdul, who claimed bronze. The Pakistani team also made a strong showing in the men’s 4×100-meter snowshoeing relay, with Moazzam Iqbal, Abdul Saboor, Muhammad Afaq and Ali Raza combining to secure the silver medal. Canada’s team took gold, while China’s athletes finished third. In the women’s 4×100-meter snowshoeing relay,…

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The Federal Reserve is expected to hold interest rates steady at the end of its two-day meeting next week, despite some encouraging news on inflation. Although inflation receded last month, an escalating trade war threatens to cause prices to rise on a wide range of consumer goods going forward.”This is likely just the beginning with tariffs on Europe and universal ones to follow suit over the coming weeks,” Andrzej Skiba, head of U.S. fixed income at RBC Global Asset Management, said in an email. “This will be inflationary, and the Fed won’t likely be able to cut rates in this environment.”More from Personal Finance:What financial advisors tell…

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CNN  —  It’s easy for Americans to think President Donald Trump’s aluminum and steel tariffs won’t affect them. Most of us aren’t shopping for raw metals, after all. Yet the 25% tariffs rolled out on Wednesday could still manage to dent consumers’ wallets. From cans for food, beer and soda to cars and much, much more, steel and aluminum are used in innumerable consumer products. And much of that steel and aluminum comes from abroad, which means companies could pass on the cost of tariffs to American shoppers. While it’s still too early for CEOs to say exactly how the…

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As the U.S. stock market falls on trade war fears, infrastructure is emerging as a dynamic and fast growing alternative asset class for institutional investors–and possibly, individuals too. “As we think about where the world is going, we think alternatives—and infrastructure more specifically—have a home in individual investor portfolios,” Sean Klimczak, global head of Blackstone’s $55 billion infrastructure business, said in an interview after speaking on stage at the third annual Forbes/SHOOK Top Teams Summit in Miami last week. Over the past 15 years, infrastructure investing has seen an eightfold increase in the institutional world, with capital invested surging from…

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The U.S. Food and Drug Administration has reportedly targeted a manufacturer of poppers, an inhalant drug that has gained increasingly mainstream popularity as an adjunct to clubbing and sexual activity. The drug has long been sold in convenience stores under a legal loophole. Double Scorpio, an Austin-based poppers manufacturer, issued a statement on its website Thursday stating that the company had “stopped all operations following a search and seizure at our offices by the FDA.” The reported raid comes after Robert F. Kennedy Jr. took the helm of the U.S. Department of Health and Human Services, which oversees the FDA. Kennedy, an…

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Korean automaker Kia (000270.KS), is killing it. Kia America, part of the Hyundia Motor Group, reported another record sales month in February, powered by its mix of gas powered offerings like the high-selling Telluride SUV, as well as EV vehicles like the EV6 crossover. “So our grand strategy is, first, we want to be a leader in what we call sustainable mobility. This is key, is mission, and EVs are part of that, and also includes electrified internal combustion, which is hybrids and plug in hybrids and so on,” Steven Center, Kia Americas COO & EVP told Yahoo Finance. “But…

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https://www.tipranks.com/news/the-fly/crypto-currents-binance-founder-denies-report-on-trump-talks As bitcoin, ethereum and other cryptocurrencies get increasing attention from investors, Wall Street and its traditional banks continue to adjust to the shift. Catch up on this week’s top stories highlighting the intersection of these old guard and new school areas of finance with this recap compiled by The Fly. BINANCE FOUNDER DENIES REPORT ON TRUMP TALKS: On Thursday, The Wall Street Journal’s Rebecca Ballhaus, Patricia Kowsmann, Angus Berwick, Josh Dawsey and Caitlin Ostroff reported that representatives of President crypto exchange Binance, citing people familiar with the matter. Binance’s billionaire founder, Changpeng Zhao, who served four months in prison…

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