US Treasury's Yellen says regulators to meet Monday to discuss stablecoins

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US Treasury's Yellen says regulators to meet Monday to discuss stablecoins

(Reuters) – U.S. Treasury Secretary Janet Yellen announced on Friday that she will meet with regulators next week to discuss “interagency work” on stablecoins, a rapidly growing class of digital currencies that is facing growing scrutiny from policymakers.
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Kinder Morgan Splashes Out $310M for RNG, Small-Scale LNG Player Kinetrex

Kinder Morgan Inc. is looking to make a bigger splash in the energy transition space with the $310 million acquisition of Kinetrex Energy, a renewable natural gas (RNG) and small-scale liquefied natural gas (LNG) player. Indianapolis-based Kinetrex claims to …
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FDA approves Rezurock for chronic GVHD

The FDA today approved belumosudil for treatment of patients aged 12 years or older with chronic graft-versus-host disease, according to the agent’s manufacturer. The approval of belumosudil (Rezurock, Kadmon Holdings) — a novel oral selective …
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Social Security Benefits Could Skyrocket Next Year

The CPI-W inflation measure used by Social Security soared 6.1% year over year in June. Ongoing inflation could produce the largest COLA increase since 1982.
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Krispy Kreme's Largest Shareholder Bought More Stock

Global investment firm JAB Holding acquired $94 million more of Krispy Kreme stock as the donut slinger went public earlier this month. JAB Holding CEO Olivier Goudet also bought more Krispy Kreme stock. Scott Olson/ …
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