Last updated: April 25, 2024 05:32 EDT | 1 min read The digital euro will likely not launch until 2028 or 2029, Germany’s central bank president, Dr. Joachim Nagel, said on Wednesday.“It may take another four or five years before it is actually implemented,” he said at the DZ Bank Capital Markets Conference 2024.The European Central Bank (ECB) initiated a two-year “preparation phase” for the project late last year. During this period, it plans to finalize rules, select private-sector partners, and conduct testing and experimentation.After these two years, the Governing Council will determine whether to proceed to the next stage…

President Biden vowed to let massive components of the Tax Cuts and Jobs Act expire next year if he wins re-election, meaning that millions of Americans could soon face steeper tax bills. “Donald Trump was very proud of his $2 trillion tax cut that overwhelmingly benefited the wealthy and biggest corporations and exploded the federal debt,” Biden tweeted Tuesday. “That tax cut is going to expire. If I’m reelected, it’s going to stay expired.”Enacted by former President Donald Trump in 2017, the law drastically overhauled the nation’s tax code, including reducing the top individual income tax bracket to 37% from…

Editor’s Note: Sign up for ’s Meanwhile in China newsletter which explores what you need to know about the country’s rise and how it impacts the world. Hong Kong    A “life and death race” has begun to unfold in the world’s largest market for electric vehicles (EV). Chinese EV makers showing off their newest models at Auto China, which kicks off in Beijing on Thursday, have enjoyed generous support from the government for years, with some growing rapidly to become global players. BYD, for example, is now vying with Tesla for leadership of the battery electric vehicle market. But all of…

Last updated: April 25, 2024 04:00 EDT | 1 min read Nearly four in ten Canada-based institutional investors had exposure to crypto assets in 2023, KPMG survey finds. This marks a significant recovery from the 2022 market slump.The KPMG in Canada and CAASA survey highlighted that 39% of (or nearly 4 in 10) Canadian institutional reported having direct or indirect exposure to crypto assets in 2023, which is up from 31% in 2021.“The last time we did this survey in 2021, it was a strong year for crypto assets,” says Kunal Bhasin, partner at KPMG in Canada’s Digital Assets practice.He…

Join Fox News for access to this content You have reached your maximum number of articles. Log in or create an account FREE of charge to continue reading. Please enter a valid email address. By entering your email and pushing continue, you are agreeing to Fox News’ Terms of Use and Privacy Policy, which includes our Notice of Financial Incentive. To access the content, check your email and follow the instructions provided. Having trouble? Click here. San Francisco Mayor London Breed returned to the city Sunday after spending a week in China in efforts to advance economic and cultural ties…

   TikTok’s expected legal challenge to a law signed Wednesday by President Joe Biden forcing the popular app’s parent company to spin off its US operations could be a seminal moment in First Amendment law in what is shaping up to be a year of defining cases. The new law gives TikTok’s parent company ByteDance nine months to sell the short-form video app or face a ban in the US, where it claims some 170 million users and has raised national security concerns over its ability to potentially gather data on and influence Americans. But in an ironic twist, ByteDance, which is based in China where…

Tesla and CEO Elon Musk this week shared slightly more of their vision for the autonomous ride-hailing service that the electric vehicle (EV) maker seeks to build. That additional information came Tuesday as the company published its first-quarter earnings that included updates on its future models, robotaxi, artificial intelligence efforts and more.Tesla said it plans to “seamlessly layer ride-hailing into the Tesla App.”  The “preview” images that the company released Tuesday suggested the ride-hailing service’s app will resemble those of existing ride-share companies. It could potentially have a “summon” button, too. MUSK SAYS TESLA’S AFFORDABLE EVS COMING NEXT YEARThe “ride-hailing…

Emerson students warned Boston Police may intervene in pro-Palestinian protests Emerson students warned Boston Police may intervene in pro-Palestinian protests 02:25 BOSTON – On Wednesday, Emerson College notified pro-Palestinian protesters in Downtown Boston they were violating city law by occupying Boylston Place and turning it into a tent city. The college warned students that police have the right to respond. Despite that, students didn’t stand down and continued to plant Palestinian flags and signage, vowing they wouldn’t leave.Police moved in overnight and started making arrests. Numerous reports put the number in the dozens. The school newspaper, The Berkeley Beacon, said…

The new Broadway musical The Great Gatsby will release its Original Broadway Cast Recording this summer!The new musical adaptation of F. Scott Fitzgerald’s novel, presented by award-winning Korean Producer Chunsoo Shin and starring Jeremy Jordan  and Eva Noblezada, features music and lyrics by Tony Award nominees Jason Howland and Nathan Tysen.The digital album is set for release on June 21, 2024 with the physical CD arriving August 2, and available now for preorder.The Broadway musical features a book by Jonathan Larson Grant winner Kait Kerrigan (The Mad Ones) and is staged by award-winning director Marc Bruni (Beautiful: The Carole King…

Last updated: April 25, 2024 02:45 EDT | 1 min read Hong Kong Securities and Futures Commission (SFC) has approved three spot Bitcoin and Ethereum exchange-traded funds (ETFs) that will start trading on April 30.According to a recent social media post by Bloomberg Intelligence ETF analyst James Seyffart, the issuers of the ETFs have revealed their fees, including one as low as 0.3% after a six-month waiver. A potential fee war could break out in Hong Kong over these #Bitcoin & #Ethereum ETFs. Harvest coming in hot with a full fee waiver and the lowest fee at 0.3% after waiver.…

The estate of Tupac Shakur is threatening legal action against Canadian rapper Drake, who appeared to use artificial intelligence to simulate the late rapper’s voice on a diss track.Shared Friday on Drake’s Instagram account, the track, “Taylor Made Freestyle,” was aimed at rapper Kendrick Lamar, whom Drake has been entwined in public rap beef with lately. It also included what appeared to be an AI-generated voice from rapper Snoop Dogg, as well as verses from Drake himself. In the song, a fake Shakur can be heard taunting Lamar, rapping, “You asked for the smoke, now it seem you too busy…

“We also set ourselves the challenge of creating an entirely natural and plastic-free store, experimenting with so many intriguing materials along the way. As an example, the mycelium desk–with its panels that can be regrown at any time–is the definition of a renewable piece. We also have curtains made from algae and large stone plinths from local quarries near to our Somerset studio. If you look closely, we also have some pineapple leather in our display cabinet.”Emma Lewisham, founder of Emma LewishamNew Zealander Emma Lewisham set out to create a circular, climate-positive brand, and is now natural skincare with evidence…

Donna Kelce, Taylor Swift David Eulitt/Getty Images Donna Kelce has listened to all of Taylor Swift’s new album, The Tortured Poets Department — and she plans to find out which songs are inspired by her son, Travis Kelce. “I  know there’s a  few that some people think are about Travis but we’ll just see,” Donna, 71, exclusively told Us Weekly while attending the QVC Women’s Summit in Las Vegas on Wednesday, April 24. “You know,  I’ll have to ask her when I see her. “ QVC hosted the first-of-its-kind Summit to kick off the brand’s new platform, Age of Possibility.…

John Wayne Gacy killed more than 33 victims, and the “Killer Clown” didn’t do it alone, his lawyer believes. Karen Conti was a fledgling attorney in the early 1990s when she defended the most infamous serial killer at the time during his final death row appeals from 1993 to his execution by lethal injection May 4, 1994.Gacy was convicted of 33 murders, but Conti said she’s certain there are more victims. “I’m almost positive about that,” she told Fox News Digital. “Gacy traveled during his crime spree, and he traveled to rural areas to do construction work. I actually saw his business…

You’ve seen us on screen, but have you ever wondered what we’re like off-camera?For the last few months, I’ve enjoyed checking in with some of your favorite Fox personalities to learn more about who they are behind the scenes.What’s the one thing Jesse Watters couldn’t live without? What’s Bill Hemmer’s favorite Halloween costume? And what’s sitting on Greg Gutfeld’s nightstand? But that’s not all! The fun is just getting started.This week, we’re excited to shine the spotlight on Taylor Riggs. She joined the Fox Business Network in December 2022 and currently serves as co-host of “The Big Money Show” (weekdays, 1…