New marijuana decriminalization effort weighed in U.S. House -report | Reuters

WASHINGTON, Nov 8 – Legislation that would decriminalize marijuana and establish a tax on cannabis sales was being developed by Republican Representative Nancy Mace with the goal of introducing it in the U.S. states, most recently Connecticut in June, as well as the District of Columbia, have legalized the recreational use of marijuana. According to […]

Analysis: Indonesia, India beckon as Fed tapers without tantrums | Reuters

Last time the Federal Reserve moved toward reducing bond buying, it triggered a rush of funds out of emerging markets. This time the move was far better telegraphed, and few were surprised on Wednesday. Dwindling foreign ownership of sovereign bonds highlights particular caution on the growth outlook, especially as the government is legally bound to […]

Analysis: With infrastructure vote, Congress gives Biden long-needed jolt of good news | Reuters

WASHINGTON, Nov 6 – With this week’s election results in New Jersey and Virginia suggesting that voters are souring on Democrats, President Joe Biden badly needed a jolt of good news. The U.S. The alarm truly sounded this week when Republican Glenn Youngkin edged Democrat Terry McAuliffe in the race for governor of Virginia, a […]

Oil gains as supply concerns loom after OPEC+ output plan | Reuters

The Organization of the Petroleum Exporting Countries and allies including Russia, collectively known as OPEC+, agreed on Thursday to stick to their plan to raise oil output by 400,000 barrels per day from December. Reuters, the news and media division of Thomson Reuters, is the world’s largest multimedia news provider, reaching billions of people worldwide […]

State residency rules up in smoke as cannabis industry grows | Reuters

November 5, 2021 – Cannabis’ illegality at the federal level has created opportunities for the states to shape the legal landscape and create rules designed to capture the economic benefits of the cannabis industry for themselves while protecting their citizens against potential social harms. However, state residency requirements, used by many states to meet these […]

Paul McCartney’s 960-Page Memoir Chronicling Eight Decades of Songwriting Is an Instant Best-Seller

LOS ANGELES – All products and services featured by Variety are independently selected by Variety editors. Paul McCartney, the iconic Beatles band member, epic solo artist and trumpeter player has put out a tome of a memoir. The lyrical autobiography, “The Lyrics: 1956 to the Present” chronicles over 150 of McCartney’s songs, spanning from the […]

Proposed U.S. carbon capture credit hike cheers industry, worries greens | Reuters

Nov 1 – A proposed tax credit hike for U.S. In the current tax credit regime, known as 45Q, CCS has languished. The currently existing facilities sequestered just 6.8 million tons of industrial carbon dioxide underground in 2020, enough to offset the emissions from 1.5 million passenger cars, according to the Environmental Protection Agency. Big […]

U.S. regulators exploring how banks could hold crypto assets – FDIC chairman | Reuters

McWilliams’ comments provide the fullest picture yet of what regulators are exploring as part of a cryptocurrency “sprint” team first announced in May. The rapid emergence of cryptocurrency has led to a murky regulatory picture in the United States. The easiest issue would be getting regulators to lay out a roadmap for providing custody to […]

Explainer: The toughest of tasks at U.N. climate talks: Article 6 on CO2 markets | Reuters

Markings made during a carbon content assessment are seen on trees in the Hersey Mountain Wilderness, owned by New England Forestry Foundation, in New Hampton, New Hampshire, U.S., December 4, 2020. Reuters, the news and media division of Thomson Reuters, is the world’s largest multimedia news provider, reaching billions of people worldwide every day. …Read […]

COLUMN-U.S. regulators barely corralling feverish bitcoin mania: McGeever | Reuters

ORLANDO, Fla., Oct 26 – Insatiable demand for bitcoin is forcing U.S. “Bitcoin is unregulated and has risks related to fraud or manipulation which concerns the SEC. Regulators’ skepticism and caution surrounding bitcoin and cryptocurrency is long-standing and deep-rooted. a bit of the Wild West,” SEC Chairman Gary Gensler told Yahoo Finance on Monday, stressing […]