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The bitcoin mining operation Greenidge Generation is seeking to raise roughly $22.8 million, according to a U.S.Securities and Exchange Commission (SEC) filing published Wednesday. According to the prospectus disclosing information, the New York-based Greenidge conducted a sales agreement with the investment firms B. Riley Securities and Northland Securities. Bitcoin Miner Greenidge Generation Looks to Raise
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Federal Reserve Governor Lisa Cook said she supports the central bank’s policy-tightening path and that further interest-rate increases and a period of policy restriction will likely be needed to bring inflation down. “With inflation running well above our 2% longer-run goal, restoring price stability likely will require ongoing rate hikes and then keeping policy restrictive
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Chief Economist Dr. Lindsey Piegza will look at the current state of the economy amid the ongoing pandemic and what it means going forward for overall growth, interest rates and monetary policy. She will cover macro-economic trends in consumer spending and investment, in addition to new monetary and fiscal policy initiatives and the potential economic
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In a brutal year for technology investors, Twitter has made for an unusual bright spot. On Tuesday, the mercurial Elon Musk delivered his latest surprise. He sent a letter to the social media company declaring his newfound interest in closing a transaction to buy the company at the contractually agreed-upon price of $54.20 per share.
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Municipal yields fell Tuesday by as much as 10 basis points out long while U.S. Treasuries were little changed and equities rallied. Triple-A yields fell four to 10 basis points across the curve amid robust secondary trading with high-grade names showing clear moves to lower yields. New York City priced $1.35 billion of exempt and
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