Crypto startup Erebor becomes first bank approved in Trump’s 2nd term

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Crypto-focused Erebor Bank became the first bank to receive a national bank charter during the second term of the Trump administration, the Wall Street Journal reported Friday. The approval allows the Palmer Luckey-backed entity to operate as a bank nationwide, and occurred less than eight months after it applied for a charter with the Office of […]


US inflation rose 2.7% in November— up for the 2nd month in a row

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US inflation rose in November from the pace it set a month earlier — heating up for the second month in a row — as the Federal Reserve weighs how quickly to press ahead with cutting interest rates. The Consumer Price Index rose 2.7% versus a year ago last month — above the 2.6% increase […]