Author: Investor Empires
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What next after voting ends? By Reuters
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(This May 30 story has been corrected to say 0230 GMT, not 0000 GMT, in paragraph 5) (Reuters) – The winners of India’s general elections held from April 19 to June 1 are expected to form a new government by mid-June after the votes are counted on June 4. Analysts…
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Highlights for next week: Bank of Canada and ECB are expected to cut rates. US jobs report
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Two central banks meet next week and are expected to cut interest rates. The Bank of Canada will announce its interest rate decision at 9:45 a.m. on Wednesday. They are expected to reduce the interest rate to 4.75% from 5.0%. The last policy change was in July 2023 when they…
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Former Investment Banker Receives 41-Month Sentence for Crypto Fraud
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Rashawn Russell, a former investment banker, was sentenced to 41 months in prison for cryptocurrency-related wire fraud and access device fraud. Russell was sentenced in Eastern New York District Court in Brooklyn after pleading guilty in September 2023. Former $1.5 Million Cryptocurrency Banking Fraud Prosecutors Hinge Russell began soliciting investments…
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US indexes rally after cool inflation data
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US Federal Reserve Chairman Jerome Powell arrives for a news conference at Federal Reserve Headquarters on December 13, 2023 in Washington, DC.Win McNamee/Getty Images US indices rose after a promising personal consumption expenditures report. The S&P 500 and Dow Jones rose, while the Nasdaq was mostly flat. Investors were encouraged…
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Live Nation probing Ticketmaster hack amid user data leak concerns By Reuters
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Written by Zeba Siddiqui SAN FRANCISCO (Reuters) – Live Nation Entertainment (NYSE:) said on Friday it was investigating a data breach at its Ticketmaster unit that it discovered on May 20, the latest in a series of high-profile corporate hacks in the past year. In a filing with the US…
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How The Memecoins Rank In Daily Users
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Here’s how Dogecoin (DOGE) and Shiba Inu (SHIB) compare to the top coins in the cryptocurrency sector in terms of “active addresses.” Dogecoin and Shiba Inu compare to others in number of active users In new mail On X, market intelligence platform IntoTheBlock shared a chart revealing where the top…
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How The Memecoins Rank In Daily Users
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Here’s how Dogecoin (DOGE) and Shiba Inu (SHIB) compare to the top coins in the cryptocurrency sector in terms of “active addresses.” Dogecoin and Shiba Inu compare to others in number of active users In new mail On X, market intelligence platform IntoTheBlock shared a chart revealing where the top…
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S&P 500 marks a loss for holiday-shortened week, but finishes May with a win
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Standard & Poor’s 500 (SP500) on Friday decreased by 0.51% The week ended at 5277.51 points, recording losses in two out of four sessions in the week shortened by the Memorial Day holiday. The accompanying SPDR S&P 500 ETF (NYSEARCA: SPY) Precipitation 0.39%. In the holiday-shortened week, the benchmark index…
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Mastercard and Ant Group Launch New Program to Boost Travel and Business in China
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Ant Group and Mastercard have introduced a new program to boost tourism and local businesses in Shanghai, China. These financial giants, along with 12 third-party payment partners of Alipay+ and other major international card institutions, launched the International Consumer Friendly Zones Program today (Friday) to stimulate economic growth in the…
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Japanese Exchange DMM Bitcoin Hacked for Over $300 Million in BTC
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Today, major Japanese cryptocurrency exchange DMM Bitcoin reported a major security breach that resulted in the loss of 4,502.9 BTC, currently valued at over $300 million. The incident occurred at approximately 1:26 pm and involved unauthorized access to the exchange’s wallet. In an official statement, DMM Bitcoin said that measures…
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5 best supplements to support your mental health, according to a psychiatrist
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Whether it’s ashwagandha to relieve stress or melatonin to aid sleep, supplements are increasingly becoming a convenient option for people who need support for their mental health. In fact, according to Mintelan agency that conducts consumer research, nearly half of millennials use some type of vitamin or nutritional supplement to…
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Asia FX weak, dollar at over 2-week high before more rate, inflation cues By Investing.com
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Investing.com — Most Asian currencies fell on Thursday, while the dollar rose above two-week highs on caution ahead of more key signals on U.S. inflation and interest rates in the coming days. Regional currencies are still reeling from a series of hawkish signals from the Federal Reserve, with officials warning…
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Only 8 Altcoins Have Broken ATH Vs Bitcoin Since FTX’s Collapse
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During this bull cycle, the cryptocurrency market has been surfing the top of Bitcoin and enjoying the upward momentum. However, investors are hoping for a seismic explosion to push altcoins to new highs. Related reading While the cryptocurrency industry waits, online reports have revealed that since the fall of FTX,…
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World Bank seeks sanctions, jobs for refugees in new Sh158bn loan
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The World Bank has asked the government to impose sanctions on Cabinet ministers, governors and CEOs of parastatals that continue to pay canceled concessions as part of conditions for a 157.8 billion shillings ($1.2 billion) loan to Kenya. The Washington-based bank also asked the country to lift its ban on…
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World Bank seeks sanctions, jobs for refugees in new Sh158bn loan
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The World Bank has asked the government to impose sanctions on Cabinet ministers, governors and CEOs of parastatals that continue to pay canceled concessions as part of conditions for a 157.8 billion shillings ($1.2 billion) loan to Kenya. The Washington-based bank also asked the country to lift its ban on…
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US stocks rebound into the close.
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Major indexes rose strongly at the close as end-of-month flows erased previous declines: The Dow Jones index rose 574.84 points, or 1.51%, to 38,686.31 points. The gain was the biggest one-day gain since November 2, 2023 The Standard & Poor’s Index rose 42.03 points, or 0.80%, to 5,277.50 points. At…
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Redemption Or Deception? ZKasino’s Controversial Refund Offer
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Cryptocurrency gambling platform Z Casino It has been at the center of major controversy over the past few months, with allegations of massive “rug pulling” that saw the platform walk away with more than $30 million in user funds. However, in a surprising turn of events, it has now announced…
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Redemption Or Deception? ZKasino’s Controversial Refund Offer
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Cryptocurrency gambling platform Z Casino It has been at the center of major controversy over the past few months, with allegations of massive “rug pulling” that saw the platform walk away with more than $30 million in user funds. However, in a surprising turn of events, it has now announced…
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what i’ve learnt as a business owner
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The working population is growing as people live longer and choose to retire later, and the current workforce consists of five generations. We are seeing baby boomers working alongside Generation Z, as both generations have different needs and priorities, and with this generational diversity comes the need for versatile leadership…
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Tesla shareholder sues Musk for alleged $7.5 billion insider trading By Reuters
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(Reuters) – A Tesla (NASDAQ:) shareholder filed a lawsuit on Thursday accusing CEO Elon Musk of insider trading when he sold more than $7.5 billion in shares of the electric car maker in late 2022, saying the businessman… The billionaire sold the stock before it was disappointing. Production and delivery…