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Minnesota financial institutions can no longer afford to remain on the sidelines as Wall Street aggressively captures digital asset infrastructure, driving a state-level legislative push to halt deposit flight and insulate the local economy, a local legislator and a banker told CoinDesk. “Over the last several years, I’ve consistently heard concerns about the increasing amount…
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NEW DELHI: A major power outage hit Gurugram on Thursday after a fire broke out in the main transformer at the 220 KVA power station in Sector-72, disrupting electricity supply across several parts of the city. “A power outage occurred in Gurugram after a fire broke out in the main transformer at the 220 KVA…
U.S. treasury bonds typically occupy a special place in an investor’s portfolio — the asset class against which all other market risk is measured. But a surge in long-dated yields is forcing investors to rethink this assumption. The yield on the 10-year treasury recently surged to a level it had not seen in over a…
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