Author: Investor Empires
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Business Confidence Soars to Decade-High as Economy Stabilises Under Sunak
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Business confidence in the UK has risen to its highest level in nearly a decade, according to the latest figures from Lloyds Bank’s Business Barometer Index. The Conservative government is expected to highlight this increase in confidence, the highest since November 2015, as evidence of economic momentum under Prime Minister…
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The opening bell: US major indices marginally higher after PCE data
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Core US PCE data came in slightly softer at 0.2% versus 0.3% (rounded). In reality, it averaged roughly between 0.2% and 0.3% plus 0.249%, skewing the rounded number to the downside (i.e. 0.2%). However, it is a good number that pushed the major indices to the upside in early trading.…
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British-Chinese Woman Sentenced to 6 Years for Laundering Bitcoin in $6B Scam
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In a high-profile case involving a large-scale cryptocurrency fraud, a British-Chinese woman, Jian Wen, has been sentenced to six years and eight months in prison for her role in laundering Bitcoin proceeds from a $6 billion investment scam in China. Wen, 42, was convicted in March of laundering bitcoin on…
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National Skills Champions are Honoured at the Skills Canada National Competition 2024, in Québec
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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: Published on June 1, 2024 • 2 min…
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National Skills Champions are Honoured at the Skills Canada National Competition 2024, in Québec
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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: Published on June 1, 2024 • 2 min…
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Boeing executives unlikely to be charged over 737 MAX crashes, source says By Reuters
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By Mike Spector NEW YORK (Reuters) – U.S. Justice Department officials told family members of victims at a meeting that it is unlikely that criminal charges will be brought against Boeing (NYSE:) executives in fatal crashes in 2018 and 2019 that killed 346 people, as the statute of limitations has…
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GALA Forms Descending Triangle Pattern – Here Are Key Levels To watch
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price Gala games (expensive) The pair has been moving in a consolidation fashion for a while now, moving between $0.05288 and $0.03758, forming a descending triangle pattern in the process. GALA has been on a downtrend since it reached an all-time high of $0.08714, resulting in a decline of more…
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El Al reports best-ever results in company’s history
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El Al Israel Airlines Ltd (level:AlThe Israeli airline continued to benefit from the war in the first quarter of 2024. The Israeli carrier achieved profits of $80.5 million in the first quarter of 2024 compared to a net loss of $34.4 million in the corresponding quarter of 2023. The financial…
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A Day at a Leading Tech Gathering
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Reflect Cyprus is a leading Mediterranean tech festival, transforming Limassol into a vibrant hub of innovation, investment, and networking. This year’s event, held on May 30-31, brought together a diverse array of trading companies, venture capital funds, tech enthusiasts, startups, investors and more. There were over 1,000 companies represented, investors…
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NRA & Cantero In The Supreme Court: Implications for Operation Choke Point 2.0 and Custodia Bank
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Yesterday, the US Supreme Court issued two important cases that will likely have wide-ranging impacts on Bitcoin and cryptocurrencies. Decisions are National Rifle Association of America v. Volo (Natural Resources Authority) And Cantero, et al. Fifth. Bank of America, NA (stonecutter). in Natural Resources Authority, the Court addressed a crucial…
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NRA & Cantero In The Supreme Court: Implications for Operation Choke Point 2.0 and Custodia Bank
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Yesterday, the US Supreme Court issued two important cases that will likely have wide-ranging impacts on Bitcoin and cryptocurrencies. Decisions are National Rifle Association of America v. Volo (Natural Resources Authority) And Cantero, et al. Fifth. Bank of America, NA (stonecutter). in Natural Resources Authority, the Court addressed a crucial…
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Bitcoin (BTC) Welcomes $100 Billion Wave From New Mega Whales By U.Today
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U.Today – In a recent This large influx of high-net-worth individuals and institutional investors represents a significant development for the cryptocurrency, reflecting growing confidence in Bitcoin’s long-term potential. Bitcoin whales are typically defined as individuals or entities holding large amounts of Bitcoin with an addition in this category of addresses…
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Stocks pulling back and into negative territory
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Major US indices have now turned into negative territory: Dow Jones Industrial Average -7 points or -0.02% S&P Index -8.26 points -0.16% Nasdaq -70 points or -0.42% Yields remain low with the 10-year basis falling -5.9 to 4.494% (this week’s high was 4.638%). The 2-year yield was down -4.6 basis…
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Bitcoin Retreats After Failing To Break Crucial $72,983 Resistance
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After failing to break the $72,983 resistance level, Bitcoin price continued to decline. Although Bitcoin price is still trading above the one-day simple moving average (SMA), this rejection has seen the cryptocurrency asset fall from $71,942 to $66,785 and move below the simple moving average (SMA) on the chart. 1-hour…
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Passive Investors Should Buy This Spectacular Dividend Stock Yielding Close to 10% Instead
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Tobacco companies used to be among the stock market favorites. And with their cash flows growing every year, they’ve made a lot of money for shareholders over the long term. But that has changed in recent years. Over the past ten years, Laqsla (NYSE: BTE) – one of the largest…
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Boeing’s woes a ‘burden’ for entire sector, Airbus executive says By Reuters
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FRANKFURT (Reuters) – Safety and quality problems uncovered at Boeing Co (NYSE:) after a door plug exploded earlier this year threaten to shake travelers’ confidence in flying, a senior executive at rival Airbus said. Christian Scherer, CEO of Airbus’ commercial aircraft division, told German weekly magazine WirtschaftsWoche that these problems…
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The Ultimate Guide For 2024 Investors
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Illustration of meme coins evolution in the crypto market Looking for the top 10 cryptocurrency options to watch or invest in? Here we hone in on the leaders in the landscape, offering you a clear view of who’s at the forefront, what’s behind their dominance, and whether they fit into…
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Israeli PM Netanyahu accepts offer to address joint session of Congress
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Amir Levy/Getty Images News Israeli Prime Minister Benjamin Netanyahu has accepted an invitation from senior congressional leaders from both parties to address a joint session of Congress. The date and time of his speech have not yet been determined. the May 31 letter Netanyahu asked “To share the Israeli government’s…
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Meet Finance Magnates’ Team at Money20/20 Europe Next Week!
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The Finance Magnates group will attend the upcoming Money20/20 Europe conference, which will be held in Amsterdam from June 4-6. Money20/20 has emerged as one of the major events of the year in the global fintech ecosystem. It will bring together some of the most innovative ideas and companies, showcasing…