Author: Investor Empires
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Asia FX weak as yen falls from 7-mth peak; Aussie firms on hawkish RBA By Investing.com
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Most Asian currencies were slightly lower on Tuesday as the dollar steadied after its recent slide, with the Japanese yen retreating from seven-month highs. The Australian dollar was among the region’s best performing currencies, rising after the Reserve Bank of Australia kept interest rates unchanged but took a hawkish stance…
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Tim Walz’s record as Minnesota governor showcases a wish list of progressive priorities
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By choosing Minnesota Gov. Tim Walz as her running mate on Tuesday, Democratic nominee Kamala Harris is turning to a Midwestern governor, a veteran and union-friendly who helped enact an ambitious Democratic agenda for his state. Walz has helped push progressive priorities including comprehensive abortion rights protections and generous aid…
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Will There Ever Be Another Crypto to Rise Like Bitcoin?
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Bitcoin (BTC) was introduced to the world in 2009 as the first decentralized cryptocurrency. During Bitcoin’s early years, it was mainly embraced by tech enthusiasts as it was not known or understood by the general public. In 2010, Bitcoin gained its first monetary value when someone exchanged 10,000 Bitcoin for…
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Bitcoin Rebounds Past $56,000, ETH Over $2,500: Key Factors
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Bitcoin and crypto markets saw a strong recovery on Tuesday, with Bitcoin crossing the $56,000 mark and Ethereum surpassing $2,500, recovering from a “Monday low.” Yesterday, Bitcoin fell more than 15%, touching lows near $49,000, while Ethereum dropped more than 20% to a low of $2,115. The Bitcoin and cryptocurrency…
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Petitioner seeks to suspend tobacco websites, blogs
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The Ministry of Health and the Tobacco Control Authority have been given 14 days to respond to a petition requesting the suspension of all websites, blogs and social media accounts of manufacturers and distributors of tobacco and related products, including shisha products, that do not display health warning labels and…
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Jacobs beats Q2 revenue estimates on steady demand in infrastructure business By Reuters
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(Reuters) – Engineering consultancy Jacobs Solutions Inc beat third-quarter revenue estimates on Tuesday, helped by continued demand at its infrastructure services unit. The People & Places Solutions (P&PS) segment, which provides architecture, energy transformation and other technology services, benefited from the US government’s $1 trillion infrastructure bill, as well as…
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$510B Crypto Market Crash 2024, Erases Gains For Top Coins
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Image from suncrypto.in The cryptocurrency market has seen a massive sell-off, with the total cryptocurrency market cap dropping by a staggering $510 billion. This sharp decline, which is a true crypto crash in 2024, has wiped out the gains that major cryptocurrencies had made throughout 2024, leaving many investors and…
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$510B Crypto Market Crash 2024, Erases Gains For Top Coins
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Image from suncrypto.in The cryptocurrency market has seen a massive sell-off, with the total cryptocurrency market cap dropping by a staggering $510 billion. This sharp decline, which is a true crypto crash in 2024, has wiped out the gains that major cryptocurrencies had made throughout 2024, leaving many investors and…
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Rachel Reeves hints at debt-to-GDP measure change to unlock £17bn for budget
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Chancellor Rachel Reeves has left the door open to amending a key measure on the UK’s debt, a move that could free up £17bn for her budget next autumn. During a trip to New York and Toronto, Reeves indicated she would clarify her fiscal rules in her first budget, amid…
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Dollar rebounds after hefty losses; euro, sterling slip By Investing.com
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The US dollar rose on Tuesday, recouping some recent losses as a measure of calm returned to foreign exchange markets. At 06:20 ET (10:20 GMT), the dollar index, which tracks the greenback against a basket of six other currencies, was up 0.4% at 102.907, after falling to a seven-month low…
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TrumpCoin crashes 90% amid market chaos
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DJT’s price has dropped by 90.8%, reflecting the volatile nature of meme coins in the cryptocurrency landscape. Trumpcoin (DJT), a controversial token, saw a massive price drop, dropping 90.8% in just 3 hours. At the time of writing, the token, which is not officially associated with Donald Trump, was worth…
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Probe Gold Advances Permitting for Novador Project
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Article Content TORONTO, Aug. 6, 2024 (GLOBE NEWSWIRE) — PROBE GOLD INC. (TSX: PRB) (OTCQB: PROBF) (“Probe” or The company”) We are pleased to announce the official submission of the “Project Notice” with Ministry of Environment, Climate Change, Wildlife and Parks (MELCCFP) at the provincial level in Quebec. This submission…
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RBA’s “Hawkish Hold” Briefly Supported AUD During The Asian Session
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As expected, the Reserve Bank of Australia decided to The Reserve Bank of Australia kept official interest rates at a 12-year high of 4.35%. For its sixth consecutive meeting in August. The Central Bank confirmed that High inflation remains a concern.Inflation has “declined significantly” but is “persistently above” the 2%…
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Amnon Shashua stocks up on Mobileye
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Mobileye (NASDAQ: MBLY) founder and CEO Amnon Shashua has expressed confidence in the stock after its sharp decline. According to a filing with the U.S. Securities and Exchange Commission on Monday, Shashua bought $10.4 million worth of Mobileye shares on Friday, at prices between $15.50 and $17. In all, Shashua…
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Amnon Shashua stocks up on Mobileye
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Mobileye (NASDAQ: MBLY) founder and CEO Amnon Shashua has expressed confidence in the stock after its sharp decline. According to a filing with the U.S. Securities and Exchange Commission on Monday, Shashua bought $10.4 million worth of Mobileye shares on Friday, at prices between $15.50 and $17. In all, Shashua…
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Nasdaq Technical Analysis – The rout in the Japanese markets impacted globally
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Basic Overview At one point, it looked like the worst was over, with the Nasdaq up nearly 5% in a single day following the Bank of Japan and FOMC decisions. Unfortunately, the next day we got the ugly US ISM manufacturing PMI, which sent the market into a defensive and…
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On-Chain Activity Surges in July, Stats Show
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The ongoing decline in the cryptocurrency market as a whole began in July with the global cryptocurrency market cap initially falling to $2.5 trillion from $2.7 trillion earlier in May. However, despite this July decline, Cardano (ADA), the ninth-largest cryptocurrency by market cap, appears to have defied the downward trend.…