Bloomberg Business

Fed’s Goolsbee Warns Debt-Limit Showdown Is Clouding Economic Outlook

Federal Reserve Bank of Chicago President Austan Goolsbee said a protracted showdown over the debt ceiling will make the Fed’s job much more difficult as it tries to assess the impact of bank-sector turmoil, which he said is leading to tighter credit conditions.

Bitcoin Based-Memecoin Surge Seen Driving Binance Anxiety

The oldest cryptocurrency blockchain is being clogged up by a recent spate of Bitcoin-based memecoins such as Pepe, driving up transaction fees and renewing concern about the largest digital-asset trading platform.

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