On May 2, 2023, Florida Governor Ron DeSantis signed a bill that aims to protect Floridians from the U.S. government’s environmental social governance (ESG) standards. The bill prohibits the use of Florida’s state funds for ESG standards and investments. DeSantis stated that he wants to prevent the implementation of an elite-imposed agenda that doesn’t align
Bitcoin
Polkadot (DOT) experienced a second consecutive session of decline on Tuesday as the cryptocurrency market remained bearish. The DOT/USD dropped to as low as $5.61 on Tuesday, less than 24 hours after trading at a high of $5.82. This drop caused Polkadot to reach its weakest point since March 12 when the price was trading
Pacwest Bank, a regional bank based in Beverly Hills, California, experienced a sharp drop in its stock price following the release of its first-quarter earnings report. The bank’s shares plummeted by 35% on Tuesday at 11:00 a.m. Eastern Time, due to a “net loss available to common stockholders of $1.21 billion, or a loss of
The Kremlin Spokesman Dmitry Peskov informed reporters on Tuesday that Russia is closely observing the state of the U.S. economy as talks of possible debt default continue. Peskov stated that the U.S. economy, along with the global economy, is currently facing certain problems, with inflation expectations staying at a high level. He added that all