Gavin Andresen, the former lead Bitcoin developer appointed by Satoshi Nakamoto himself, now regrets that he once supported the controversial Australian computer scientist Craig Wright.Writing on his personal blog earlier this month, Andresen called it “a mistake” to trust Craig Wright, and said he regrets…

A Chipotle restaurant and signage is seen on February 09, 2022 in Miami, Florida.Joe Raedle | Getty ImagesChipotle Mexican Grill on Tuesday reported weaker-than-expected quarterly earnings and revenue, signaling that its price hikes may finally be alienating customers.In October, CEO Brian Niccol said the company…

As retail sales took a bit of a breather in December, so did the credit cards. US consumers’ outstanding credit grew by $11.56 billion to end the year, according to Federal Reserve data released Tuesday. It’s the lowest monthly gain since January 2021 and well…

An important technical event just occurred in the Bitcoin market. For the first time in more than a year, Bitcoin’s 50-Day Simple Moving Average (SMA), now at $19,825 just moved to the north of its 200-Day SMA, now at $19,723. When the 50-Day SMA moves…

US equities rose after Federal Reserve chair Jay Powell spoke for the first time since January’s blockbuster employment data sent a chill through markets.In a question-and-answer session with the Economic Club of Washington, Powell on Tuesday warned the US central bank may need to raise…

Transport secretary Mark Harper has said train operators will be incentivised to make greater profits under long-awaited government reforms of Britain’s railways, as he criticised the “financially unsustainable” and “broken” network. Harper said he was committed to a major shake-up of the industry, which he…