Author: Investor Empires
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Landlords are on edge over the housing market’s insurance shock
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The housing world doesn’t need another problem, but it has one: insurance. The insurance landscape is changing, and property insurance companies are either capping the number of policies they write, are more stringent in underwriting, refuse to write new policies altogether, are fleeing altogether, or are raising interest rates. California…
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Fed’s Bowman: We’re not at a point yet to consider a rate cut
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High risk warning: Foreign exchange trading involves a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before deciding to trade foreign exchange, carefully consider your investment objectives, level of experience and risk tolerance. You may lose some or all…
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Coinbase Sues SEC, Demanding Clearer Guidelines On Crypto Regulation
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In a recent development, Coinbase, the largest cryptocurrency exchange in the United States, has launched a campaign Legal attack v. Securities and Exchange Commission (SEC) and Federal Deposit Insurance Corporation (FDIC). The lawsuits, filed in Washington, D.C., District Court, aim to secure access to internal records that would shed light…
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Coinbase Sues SEC, Demanding Clearer Guidelines On Crypto Regulation
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In a recent development, Coinbase, the largest cryptocurrency exchange in the United States, has launched a campaign Legal attack v. Securities and Exchange Commission (SEC) and Federal Deposit Insurance Corporation (FDIC). The lawsuits, filed in Washington, D.C., District Court, aim to secure access to internal records that would shed light…
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Why MPs won’t be recalled for special sitting on Finance Bill
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The National Assembly will not be summoned for a special session to consider President William Ruto’s reservations on the now-abandoned controversial Finance Bill, 2024 that sparked mass protests and breaches of Parliament Buildings on Tuesday. National Assembly Speaker Moses Wetangula, who received President Ruto’s memorandum of reservation over his refusal…
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Medexus Pharmaceuticals posts record annual revenue By Investing.com
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Medexus Pharmaceuticals (MDP.V) has announced a record revenue of $113.1 million for the fiscal year 2024, along with a positive adjusted EBITDA of $19.5 million. Despite a decrease in revenue and gross profit for the fourth quarter, the company remains optimistic about the future, particularly with the potential approval of…
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Exploring Bitcoin L2s: Possibilities Beyond Lightning
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Bitcoin’s secondary layers are often overlooked despite their undoubted ability to enhance Bitcoin’s potential for more advanced functionality. Much of the focus is directed at the Lightning Network and its ability to handle microtransactions at high speeds. However, Secondary layers (or Layer 2) can effectively interface with smart contracts, leverage…
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Exploring Bitcoin L2s: Possibilities Beyond Lightning
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Bitcoin’s secondary layers are often overlooked despite their undoubted ability to enhance Bitcoin’s potential for more advanced functionality. Much of the focus is directed at the Lightning Network and its ability to handle microtransactions at high speeds. However, Secondary layers (or Layer 2) can effectively interface with smart contracts, leverage…
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BP Halts Offshore Wind Projects to Refocus on Fossil Fuels
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BP has announced a pause on all new offshore wind projects as the company’s newly appointed CEO, Murray Auchincloss, focuses on fossil fuels. This strategic shift, first reported by Reuters, also includes a hiring freeze within the offshore wind division. Auchincloss, who took office at the beginning of the year,…
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South African rand drops on reported discord over cabinet posts By Reuters
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Written by Tanwar Anders JOHANNESBURG (Reuters) – The South African rand fell sharply on Thursday after media reports of a major rift between the pro-business Democratic Alliance party and President Cyril Ramaphosa over ministerial positions. At 1527 GMT, the rand was trading at 18.48 against the dollar, down 1.7% from…
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Why Is The Bitcoin Price Down Today?
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Bitcoin price fell again, after seeing some recovery on Wednesday due to a shift in net spot Bitcoin ETF flows. However, after just one day, the leading cryptocurrency appears to have resumed the downtrend and this post-recovery decline has started a worrying trend. So, what are the factors leading to…
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Why Is The Bitcoin Price Down Today?
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Bitcoin price fell again, after seeing some recovery on Wednesday due to a shift in net spot Bitcoin ETF flows. However, after just one day, the leading cryptocurrency appears to have resumed the downtrend and this post-recovery decline has started a worrying trend. So, what are the factors leading to…
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Bozell Shatters Agency Cost Structure
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This section is Partnership content provided The content in this section is provided by GlobeNewswire for the purposes of press release distribution on behalf of its clients. Postmedia has not reviewed the content. by Globe Newswire Breadcrumb links Globe Newswire Article writer: Posted on June 27, 2024 • 4 minutes…
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June US KC Fed manufacturing index -11 vs -1 prior
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The previous one was -1 The composite index is -8 versus the previous -2 “It is clear that inflation has forced the customer to make ‘either/or’ decisions on how to spend their money. We see that the value-added elements of the food sector are severely affected. Our business is not…
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SEC May Approve Spot Ethereum ETF By July 4
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Credit: watcher.guru The cryptocurrency industry has been eagerly awaiting the launch of an Ethereum exchange-traded fund (ETF) in the United States. According to recent reports, the US Securities and Exchange Commission (SEC) may grant approval to Ethereum ETFs as early as July 4, 2023. This development comes after ongoing discussions…
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Int’l interest in Rafael’s Spike missiles intensifies
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One source of new interest for Spike is Argentina, which is considering implementing launchers as part of a modernization procedure for TAM VCTP tanks. The ZM website reported that the war in Ukraine has increased interest in Spike anti-tank missiles produced by the Israeli development company Rafael, including from Latin…
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OpenAI signs multi-year content deal with Time magazine By Reuters
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(Reuters) – Time magazine has signed a multi-year content deal with OpenAI that will give the maker of ChatGPT access to its archive of news content, the companies said on Thursday. In response to user inquiries, the two companies added in a statement that the chatbot will cite the original…
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over 1800% surge – what’s next?
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What makes memes the most profitable sector in 2024? How do coins like Pepecoin, Dogwifhat, and Brett manage to capture the market’s attention and achieve such extraordinary returns? Read on. The meme market is on the rise again, making headlines and attracting the trading community. In the past 24 hours…
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Hedge funds ‘aggressively’ sold tech stocks in June
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Data from Goldman Sachs shows that hedge funds are selling technology stocks aggressively now, with net dollar selling of the sector in June the largest on record. “Hedge funds aggressively sold TMT shares last month, led by Semis & Semi Equip (reversing the year-to-date trend) — and net U.S. TMT…
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A Balancing Act By Investing.com
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The Indian Rupee (INR) has been under the vigilant watch of the Reserve Bank of India (RBI), which has focused on maintaining stability and reducing volatility. Although this strategy is effective in the short term, it has its complications and potential consequences in the long term. The Reserve Bank of…