Author: Investor Empires
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Proposals to tax unrealized capital gains would ‘kill the stock market,’ billionaire investor Mark Cuban says
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Brendan Smialowski/Getty Images Mark Cuban said taxing unrealized capital gains would “kill the stock market.” President Joe Biden has proposed imposing a tax on unrealized gains for people with more than $100 million. Kamala Harris is unlikely to support Biden’s plan, Cuban said. Billionaire investor Mark Cuban said any proposal…
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Analysis-Cash-strapped consumers are giving Australia’s liquor makers a headache By Reuters
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By Byron Kay SYDNEY (Reuters) – Recent sales declines have forced Sydney liquor store owner Louise Dowling to work 40 hours more a week to make up for staff she has had to let go, as Australia’s cost-of-living crisis prompts more people to drink less alcohol. “Without foot traffic, without…
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Venezuelan Opposition Leader María Corina Machado Calls Bitcoin a “Lifeline” in Exclusive Interview
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In an exclusive interview with Alex Gladstein, Chief Strategy Officer at Human Rights Foundation (HRF) Venezuelan opposition leader Maria Corina Machado discussed the vital role Bitcoin plays in combating economic collapse and authoritarianism in Venezuela. The interview, first published in Bitcoin Magazine, highlights the disastrous impact of hyperinflation caused by…
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Steel Dynamics files petition for duties on corrosion resistant steel imports
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Kapook2981/iStock via Getty Images Steel dynamics (NASDAQ:STLDBritish Steel said on Thursday it had applied to the U.S. Department of Commerce and the U.S. International Trade Commission to apply anti-dumping duties on imports of corrosion-resistant flat-rolled steel, claiming that increased imports were harming the domestic steel industry. The company These duties…
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Japan data – July household spending +0.1% y/y (expected +1.2%)
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High Risk Warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage also creates additional risks and exposure to loss. Before deciding to trade foreign exchange, carefully consider your investment objectives, level of experience, and risk tolerance. You may lose some…
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Ethereum (ETH) Triangle Formation Hints At A Double Bottom: Breakout and New ATH?
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This article is also available in Spanish. Ethereum is trading near its yearly low of $2,400 after an 18% drop from its local high. Ethereum has significantly underperformed Bitcoin and other altcoins like Solana during this cycle, raising concerns among investors. Related reading One of the main reasons for this…
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Ethereum (ETH) Triangle Formation Hints At A Double Bottom: Breakout and New ATH?
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This article is also available in Spanish. Ethereum is trading near its yearly low of $2,400 after an 18% drop from its local high. Ethereum has significantly underperformed Bitcoin and other altcoins like Solana during this cycle, raising concerns among investors. Related reading One of the main reasons for this…
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Why the CrowdStrike outage hit Delta so hard
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But while rivals like United and American Airlines were able to bounce back after just a few days (United canceled nearly 1,500 flights, by comparison), Delta was still struggling. A memo Thursday from Bernstein Research sheds light on what went wrong. According to the memo, Delta canceled about 30% of…
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Exclusive-US warns against Nippon merger with US Steel, citing China steel glut By Reuters
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Written by Alexandra Alper WASHINGTON (Reuters) – Nippon Steel Corp.’s proposed $14.9 billion takeover of U.S. Steel would create national security risks because it could hurt steel supplies needed for vital transportation, construction and agricultural projects, the United States said in a letter to the companies seen by Reuters. The…
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Hot Streams: From Afro-pop, R&B to all-time reggae beats
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While you’re browsing digital music platforms, here are five new albums across genres, from Afro-pop to reggae, R&B to country, that BDLife recommends for your listening pleasure. Charisma Music fans first heard of the singer-songwriter in 2018 as the featured vocalist of the group, Le Band, when he was still…
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Dollar’s demise appears overstated – JPMorgan By Investing.com
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Investing.com – The U.S. dollar has had a tough summer, falling significantly in August, but JPMorgan Chase believes those predicting the demise of the greenback are getting ahead of themselves. At 06:00 ET (10:00 GMT), the dollar index, which tracks the greenback against a basket of six other currencies, was…
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Dollar’s demise appears overstated – JPMorgan By Investing.com
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Investing.com – The U.S. dollar has had a tough summer, falling significantly in August, but JPMorgan Chase believes those predicting the demise of the greenback are getting ahead of themselves. At 06:00 ET (10:00 GMT), the dollar index, which tracks the greenback against a basket of six other currencies, was…
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Polymarket shows rising odds of Trump nominating Musk to cabinet
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The odds of Donald Trump winning the November election and Elon Musk running for his cabinet have risen on Polymarket. A Polymarket Survey With more than $803 million in assets, Donald Trump has a 53% chance of winning, compared to Harris’s 46%. Harris had been leading Trump for a while…
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Forexlive Americas FX news wrap: US dollar weakens after softer ADP but ISM services firms
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High Risk Warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage also creates additional risks and exposure to loss. Before deciding to trade foreign exchange, carefully consider your investment objectives, level of experience, and risk tolerance. You may lose some…
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Forexlive Americas FX news wrap: US dollar weakens after softer ADP but ISM services firms
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High Risk Warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage also creates additional risks and exposure to loss. Before deciding to trade foreign exchange, carefully consider your investment objectives, level of experience, and risk tolerance. You may lose some…
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Dogecoin Could See Price Crash With Bitcoin Prediction To Fall To $40,600
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Dogecoin (DOGE) You may soon suffer a major price crash. Recent analysis shows that Bitcoin price The price is about to correct, which will also lead to a downtrend for the leading meme coin. Dogecoin will be issued alongside Bitcoin Dogecoin is set to fall along with Bitcoin if the…
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Latest failure: firm bidding to produce power from Fundy tides files for bankruptcy
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Breadcrumbs Path Links BMW PMN Business Article author: Canadian Press Michael Totton Published on September 5, 2024 • Read for 3 minutes You can save this article by registering for free here. Or log in if you have an account. A large tidal power turbine built for Nova Scotia Power…
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Russian court freezes Raiffeisen shares in local bank, blocking sale By Reuters
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FRANKFURT (Reuters) – A Russian court has frozen shares in the local arm of Raiffeisen Bank International, Russia’s largest Western bank said on Thursday, ruling out any sale of the company for now. The Austria-based Reserve Bank of India had pledged to spin off its Russia business, which provides a…