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Jerome Powell Highlights Risks of Digital Finance

Jerome Powell Highlights Risks of Digital Finance

Key Takeaways Federal Reserve chair Jerome Powell highlighted the risks of crypto and digital finance during a speech on Wednesday. He said that regulations were not designed for digital finance, and that regulations must be updated and created anew. Powell also discussed concerns around financial stability, investor protection, and illicit activity as related to cryptocurrency. …

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It’s now three times cheaper to fuel an electric car than a gas-powered car in the US

It’s now three times cheaper to fuel an electric car than a gas-powered car in the US

US gas prices are at their highest levels ever. During the week of March 14, national averages peaked at $4.32 per gallon, double the average in 2020, thanks to an unexpected surge in consumer demand for gasoline last year and supply shocks following the Russian invasion of Ukraine. As a result, it’s now three times …

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Some Heart Risks Stay Elevated in RA Patients Despite Biologic Tx

Some Heart Risks Stay Elevated in RA Patients Despite Biologic Tx

Hopes that biologic drugs for rheumatoid arthritis (RA) would cancel the extra cardiovascular risks normally seen with the disease dimmed a little in the face of findings from a population-based study from Scandinavia. Over the first 5 years after beginning biologic agents such as tumor necrosis factor (TNF) and interleukin (IL) inhibitors, RA patients in …

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Next-Gen Colon Tattoo Ink; Etrasimod Wins for UC; Another NASH Drug Flops

Next-Gen Colon Tattoo Ink; Etrasimod Wins for UC; Another NASH Drug Flops

A next-generation ink for endoscopic tattooing of the colon diffuses less and is more “biocompatible” than existing inks, which could help identify complex colonic polyps or tumors for removal. (American Chemical Society) Positive topline data from a phase III study showed etrasimod, an investigational selective sphingosine 1-phosphate (S1P) receptor modulator, achieved improvements in clinical remission …

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The Download: Ukraine claims it’s using facial recognition to identify dead Russian soldiers

Mykhailo Fedorov, vice prime minister of Ukraine and minister of digital transformation, confirmed that Ukraine was using facial recognition software to find the social media accounts of deceased Russian soldiers, allowing authorities to contact their friends and families. The aim is to dispel misinformation surrounding the war in the country, and specifically Russian claims that …

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