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22 May, 2021 06:09

US aims to catch up on digital dollar & UK set to loosen lockdowns

As the rise of government-backed digital currencies continues to sweep the globe, could we soon see the US catching up in the race? Boom Bust’s Christy Ai brings us up to speed on the Federal Reserve’s interest in the trending financial technology. Plus, Apple CEO Tim Cook has taken the stand in Epic’s landmark antitrust lawsuit against the tech giant. Mollye Barrows, contributor to America’s Lawyer, covers the highlights of the testimony and the details of the enormous case. Then we take a spin around the globe to check in on the state of international markets, as jobless claims and inflation have dominated the headlines. And the UK has begun to reopen its businesses as the nation’s vaccination process has taken off. Hilary Fordwich of the British-American Business Association lends her insight into the country’s recovery and what sectors are booming.

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