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Dollar waits on U.S. inflation reading, bitcoin tops $60,000
  + stars: | 2024-02-29 | by ( ) www.cnbc.com   time to read: +3 min
The U.S. dollar was firm and the yen was headed for a monthly loss in the lead up to U.S. inflation data that could ruffle the interest rate outlook, while bitcoin surged above $60,000. The U.S. dollar was firm and the yen was headed for a monthly loss in the lead up to U.S. inflation data that could ruffle the interest rate outlook, while bitcoin surged above $60,000. Bitcoin is on a tear and topped $63,000 overnight as it rides a wave of cash rushing to new U.S. bitcoin exchange-traded funds. It is up more than 45% this month, its largest gain since December 2020 and a record high above $69,000 is within sight. The New Zealand dollar nursed losses on bets that rate hikes there are finished.
Persons: bitcoin, Masato Kanda, Sue Ann Lee, Kristina Clifton, Sterling Organizations: U.S, New Zealand, Reserve Bank of New, Federal, Commonwealth Bank of Australia Locations: Japan, U.S, Asia, Sao Paulo, Reserve Bank of New Zealand, Europe
[1/2] A woman stands next to stacked school furniture, as she and others shelter at a school after fleeing their neighbourhood Carrefour Feuilles when gangs took over, in Port-au-Prince, Haiti August 16, 2023. "In a matter of days, violence escalated dramatically in Port-au-Prince, particularly affecting neighborhoods where the IRC collaborates with local organizations to provide vital services," the aid group said on Thursday. The IRC launched its Haiti response plan last December and works with a number of local groups around the capital, where much of the violence has taken place. Ann Lee, co-founder of U.S.-based crisis response group CORE, which is still operating in Haiti, said many aid groups had left as costs rise, financial aid dwindles and staff operates under increasingly life-threatening conditions. Lee said there was not a single member of CORE's 100-person Haiti team who did not know a victim of the violence.
Persons: Ralph Tedy Erol, Ann Lee, dwindles, Lee, Haiti's, Ariel Henry's, Sarah Morland, Josie Kao Organizations: Carrefour, REUTERS, International Rescue, IRC, U.S, CORE, Haiti, United Nations, Feuilles, Carrefour Feuilles, . Security, Kenyan, Thomson Locations: Carrefour Feuilles, Port, Prince, Haiti, Caribbean, Haiti's, Kenya
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWe shouldn't expect there will be much relaxation of China's zero-Covid policy, says author Gordon ChangGordon Chang, 'The Great U.S.-China Tech War' author, and Ann Lee, 'What the U.S. Can Learn From China' author, join 'TechCheck' to discuss whether protests in China will lead to an easing of Covid restrictions, what it means for businesses operating in China and more.
The gene-editing biotech Prime Medicine went public on Thursday. From a key patent to an uncertain timeline, here are five takeaways from Prime's filing. Its goal is to advance prime editing, a twist on CRISPR gene editing that could allow for a wider range of edits to DNA. Prime editing, another version of next-generation gene editing, works like a word processor, "searching for the correct location and replacing or repairing a wide variety of target DNA," the filing said. Jessica Rinaldi/The Boston Globe via Getty ImagesDavid Liu, a Harvard gene-editing scientist who co-invented base editing and prime editing, is Prime's largest shareholder.
From an uncertain timeline to the clinic to a key patent, here are 5 takeaways from Prime's filing. The company's goal is to advance prime editing, a twist on CRISPR gene editing that could allow for a wider range of edits to DNA. Prime editing is another version of next-generation gene editing. Prime's filing comes in a difficult market for biotechs, but particularly for companies that have yet to start human testing. Jessica Rinaldi/The Boston Globe via Getty ImagesDavid Liu, a Harvard gene-editing scientist who co-invented base editing and prime editing, is currently Prime's largest shareholder.
CNN —Actress Soleil Moon Frye spent one week with Ukrainian refugees and is urging the public to do what they can to help. Frye was on the ground with CORE (Community Organized Relief Effort), Sean Penn’s emergency relief nonprofit which has supported disaster responses in the US and around the world. Frye met with Ukrainian refugees who have fled to Poland and listened to their emotional stories. Soleil Moon Frye is working with CORE to provide essential resources to Ukrainian refugees. Community Organized Relief Effort“Some of these families who I came to love so much, their parents are elderly.
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