(Recasts lede, adds CPSC response, updates share movement)

Sept 7 (Reuters) - Peloton Interactive Inc on Wednesday disclosed that staff at the top U.S. consumer safety regulator plan to recommend the company be fined for violating federal safety laws related to last year's recall of a line of treadmills.

The fitness equipment maker, which has incurred operating losses each year since its inception in 2012, had paused sales of its 'Tread+' machines in all markets last year and announced a costly recall following reports of multiple injuries and the death of a child in an accident.

Peloton, in a delayed annual filing on Wednesday, said the U.S. Consumer Product Safety Commission notified it in August that the agency's staff believed the company had failed to meet statutory obligations under the Consumer Product Safety Act.

The agency's staff also recommended civil monetary penalties be imposed on Peloton.

"While we disagree with the agency staff, we are engaged in ongoing confidential discussions with the CPSC." the company said in the filing with the U.S. Securities and Exchange Commission. (https://bit.ly/3RoukD0)

The CPSC declined to comment. The agency is not required to adopt staff enforcement recommendations.

Shares of Peloton were up about 1% in morning trade.

Since the recall last year, multiple agencies including the U.S. Department of Justice have opened probes into Peloton. Those investigations are continuing, Peloton said on Wednesday.

The company is in the middle of a restructuring plan to revive its sales, which have plummeted as people head back to working out at gyms. (Reporting by Nathan Gomes and additional reporting by Aishwarya Nair in in Bengaluru; Editing by Krishna Chandra Eluri)

The White House is sending a signal to the crypto industry that it plans to get tough on exchanges, miners, and token issuers. The industry is already fighting back.

(Reuters) -U.S. government agencies must double down on digital asset sector enforcement and identify gaps in cryptocurrency regulation, the Biden administration said on Friday, citing their potential for misuse and harm even as it noted their growing role in global finance. The Treasury Department will also lead a group of government agencies that will consider a central bank digital currency, although the White House stopped short of endorsing a digital dollar. The collective government action, announced in a series of published reports, follow an executive order U.S. President Joe Biden signed this year "on Ensuring Responsible Development of Digital Assets."

The funding is part of President Joe Biden's $1.2 trillion infrastructure bill.

WASHINGTON—Ethereum’s big software update on Thursday may have turned the second-largest cryptocurrency into a security in the eyes of a top U.S. regulator. Securities and Exchange Commission Chairman Gary Gensler said Thursday that cryptocurrencies and intermediaries that allow holders to “stake” their coins might pass a key test used by courts to determine whether an asset is a security. “From the coin’s perspective…that’s another indicia that under the Howey test, the investing public is anticipating profits based on the efforts of others,” Mr. Gensler told reporters after a congressional hearing.

Banks' cryptocurrency projects have been upended by U.S. Securities and Exchange Commission (SEC) accounting guidance that would make it too capital-intensive for lenders to hold crypto tokens on behalf of clients, according to more than half a dozen people with knowledge of the matter. A slew of lenders including U.S. Bancorp, Goldman Sachs Group Inc, JPMorgan Chase & Co, BNY Mellon, Wells Fargo & Co, Deutsche Bank, BNP Paribas and State Street Corp offer or are working on crypto products and services for clients in a bid to tap in to the $1 trillion crypto market, according to their public statements and media reports.

The U.S. Treasury warning in three new reports that cryptocurrencies pose meaningful risks for consumers, investors, and businesses if not properly regulated. The government also recommended moving forward with work on central bank digital currency in the chance the U.S. decides to adopt it, but stopped short of recommending one.

A frustrating lack of phone service at the IRS for both taxpayers and tax preparers has been a glaring problem, experts have said.

The commonwealth is looking to hire people with all sorts of skills. Whether you’re an artist, a cook or an aspiring forester, there may be an opportunity for you. Here’s what’s available.

The new effort is part of a trend toward putting more resources to target illegal activities involving digital currencies.

GOP Rep. Jim Jordan, ranking member of the House Judiciary Committee, claims the FBI unfairly targeted a veteran-led disaster organization and falsely designated it a terror group.

The White House and federal agencies, including the U.S. Treasury Department, laid out in greater detail what they see as concerns around digital assets, as well as possible benefits, but specific regulations are still yet to come.

U.S. health officials are warning against overuse of the lone drug available to treat monkeypox, saying that even a small mutation in the virus could render the pills ineffective. The Food and Drug Administration updated its guidance this week for Tpoxx, which has been prescribed to tens of thousands of patients with the virus. In an online update, FDA officials cautioned that a single molecular change to monkeypox “could have a large impact on the antiviral activity of Tpoxx.”

All of the top 25 aluminium futures volume days have occurred since April, with nearly 150 new accounts trading since May, the CME said in a statement. Aluminium prices on the London Metal Exchange hit a record high of $4,073.50 a tonne in early March on supply scarcity due to Russia's invasion of Ukraine. "We have seen an increase in demand from aluminium participants to enhance liquidity and create a more robust alternative market," said Jin Chang, managing director and global head of metals at CME Group.

She has served as a member of Expedia's board of directors and audit committee since June 2019, and as chair of its audit committee since June 2020.

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Steel Dynamics said its on track to top analyst EPS estimates in Q3, a day after Nucor issued an earnings warning.

The industry boasts a large number of highly ranked stocks per our Zacks Rank system.

"I estimate that a rise in rates from where they are to about 4.5 percent will produce about a 20 percent negative impact on equity prices," Bridgewater Associates' founder Dalio wrote in a LinkedIn post on Tuesday. The inflation data raised fears of another outsized interest rate hike next week and sent stock markets into a downward spiral.

Schlumberger saw a positive improvement to its Relative Strength (RS) Rating on Thursday, rising from 87 to 92. When looking for the best stocks to buy and watch, one factor to watch closely is relative price strength.

One area we believe will perform well even in an economic downturn is the food industry, which is full of blue chip stocks that have performed well in several recessions, thanks to their strong business models that have allowed for decades of dividend growth. In business since the late 1800s, Hormel has always focused on pork products, which separated it from its peers. For example, Hormel produced the world's first canned ham in 1926.